The Life Insurance Association of Malaysia (LIAM) appointed two new Management Committee members for the term 2015/2016. The two newly appointed members are Mr Rangam Bir, Chief Executive Officer of Allianz Life Insurance Malaysia Berhad and Mr Gan Leong Hin, Chief Executive Officer of Prudential Assurance Malaysia Berhad.
Appointed as CEO of Allianz Life Insurance Malaysia Berhad in November 2014, Mr. Rangam Bir has 18 years of experience in the insurance industry across the globe. This includes Europe, Middle East, Africa and Asia region. An MBA and electronics engineer by training, Bir joined Allianz in 1997 as an underwriter.
In 2002, he moved to Munich where his responsibilities include Head of Life & Health, and Head of Sales & Marketing of the Central and Eastern European Markets; Country Manager of South Africa; and Regional Chief Business Officer of Allianz New Europe Management. Mr. Bir has held various positions over the years including board member of Allianz Insurance Company, Russia as well as Chairman of the Board of Directors of Allianz Direct New Europe Sp. z. o. o., Poland from 2006-2010. He was also the President of the Board of Directors of UNSAR, the national association of insurance and reinsurance companies of Romania.
In 2012, Mr Bir moved to Singapore, as the Regional General Manager of the Property & Casualty Division of the overall Asia Pacific region and from 2013 onwards, he headed the regional Life & Health business.
Meanwhile, the CEO of Prudential Assurance Malaysia Berhad (PAMB), Mr. Gan Leong Hin assumed his position on 26 November 2015.
He is a qualified actuary with over 25 years of experience in the life insurance and investment businesses in Asia, Australia and the U.K. Graduated from the London School of Economics with first-class honours, Mr. Gan is a Fellow of the Institute of Actuaries in UK and Australia
Over the years, he has held senior management roles across a range of business lines including product management and marketing, risk management, financial reporting, valuation, corporate finance and restructuring.
Mr. Gan joined PAMB in 2013 as the Chief Financial Officer. During his tenure, Mr. Gan has led important initiatives which include the formulation and execution of PAMB’s strategic vision to drive profitable growth and strengthen its long-term capabilities as a leading life insurer in Malaysia.
For the term 2015/2016, LIAM’s Management Committee is headed by the President, Mr Toi See Jong, CEO of Tokio Marine Life Insurance Malaysia Bhd. The Management Committee is also supported by six other members namely Encik Zaharudin Daud, Vice President of LIAM, CEO of ETIQA Insurance Berhad, Management Committee members Ms Anusha Thavarajah, CEO of AIA Bhd., Mr Ramzi Toubassy, CEO of AmMetLife Insurance Berhad, Mr Loke Kah Meng, CEO of AXA Affin Life Insurance Berhad, Mr Vincent Kwo Shih Kang, CEO of Gibraltar BSN Life Berhad, YBhg. Dato Koh Yaw Hui, CEO of Great Eastern Life Assurance (M) Berhad.
LIAM continues to work very closely with the regulatory authorities and stakeholders in embarking on various educational and awareness programmes in promoting and developing a progressive life insurance industry for the nation as well as to fulfill the Government’s aspiration of insuring 75% of Malaysians by 2020.