Zurich General Takaful Malaysia appoints new CEO

Firm recruits takaful veteran executive from local competitor

Zurich General Takaful Malaysia appoints new CEO

Insurance News

By Gabriel Olano

Zurich Malaysia has appointed Nazrul Hisham Abdul Hamid (pictured) as CEO of Zurich General Takaful Malaysia, effective immediately.

Nazrul reports to Zurich Malaysia country head Stephen Clark and is responsible for overseeing the company’s efforts to expand its footprint in Malaysia’s general takaful market, a statement from Zurich said.

With over 25 years of experience, Nazrul has held several strategic and senior management roles, with the past 12 years spent in the takaful industry. Before joining Zurich, he was with Takaful Ikhlas

Bhd as chief business operations officer and, later, as chief operating officer. He managed the family takaful and general takaful units. Following the company’s composite takaful license conversion, he led the family takaful sales and operations as COO for Takaful Ikhlas Family.

“Nazrul was an ideal candidate to lead our general takaful business considering his wealth of experience in the sector,” Clark said. “With his talent to identify good business opportunities and improvements, coupled with a strong conviction to achieve performance excellence, I am confident he will elevate our general takaful business further. I am excited to work alongside Nazrul to position Zurich as one of the top takaful brands in Malaysia, helping Malaysians from all walks of life to enhance their lifestyle.”

Nazrul holds an MBA from Mara University of Technology and a Bachelor of Science in accounting and finance engineering from the University of Hull, United Kingdom. He is also a chartered member of the Institute of Internal Auditors Malaysia (IIAM), having begun his career in audit, and has been a committee member of the Malaysian Takaful Association (MTA) on several occasions.

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