Takaful Ikhlas Sdn Bhd has appointed Ab Latiff Abu Bakar as president and chief executive officer (CEO) of the general and family takaful company effective yesterday.
Latiff, who holds a Bachelor Degree in Business Administration from the University of Portland, US, brings with him over 20 years of experience including senior management positions in insurance and takaful companies.
His last posting prior to joining Takaful Ikhlas was head of takaful in one of the international insurance players where in that position he was instrumental in establishing and developing a new takaful company within the Asia-Pacific region.
“Latiff takes over a growing organisation at a key moment in its development. I am confident that with his past experience and knowledge, he will be able to steer and lead Takaful Ikhlas to the next growth level,” said chairman Sharkawi Alis in a press statement.
Latiff replaces Datuk Syed Moheeb Syed Kamarulzaman who, according to The Malaysian Reserve, “left the company after building up the homegrown takaful outfit from the ground up to become the nation’s third-largest takaful operator in terms of gross return contribution.”
Takaful Ikhlas is a whollyowned subsidiary of MNRB Holdings Bhd, an investment holding company listed on the FBM KLCI.