AmMetLife Insurance announced that it has appointed Wan Saifulrizal Wan Ismail as its new CEO.

He succeeds Rangam Bir, who has left the company to pursue other opportunities.

Wan has nearly 30 years of experience in the insurance and takaful sectors.

His career includes roles as a regulator, actuary and senior leader across insurance and takaful organisations.

Wan has also served as Chairman of the Malaysian Takaful Association.

Elena Butarova, MetLife’s Regional Head for Bangladesh, Malaysia, Nepal and Vietnam, said,

“Wan brings a strong combination of actuarial insights, deep industry experience, and commercial leadership to AmMetLife, at a time when protection and health needs in Malaysia are evolving rapidly.

We are confident he will lead the company with focus and purpose in its next chapter.”

Wan added,

“Now more than ever, Malaysians are looking to build a more confident future.

I’m excited to be leading AmMetLife as we continue to share the benefits of insurance, health protection, and sound financial planning to millions of Malaysians.”

AmMetLife was established in 1973 as AmLife Insurance Berhad and is among the longer operating insurers in Malaysia.

The company is a joint venture between AmBank Group and MetLife, which provides insurance, annuities, employee benefits and asset management services globally.

Featured image: Edited by Fintech News Malaysia, based on image by lifeforstock via Freepik