LIAM appoints Loh Guat Lan as president
Loh Guat Lan, CEO of Hong Leong Assurance Bhd, was appointed president of the Life Insurance Association of Malaysia (LIAM).
KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) has appointed veteran Loh Guat Lan, CEO of Hong Leong Assurance Bhd, as president of the trade association.
LIAM said the appointment was made at its management committee meeting on Aug 28 to replace Anusha Thavarajah, former Chief Executive Officer of AIA Bhd.
According to LIAM, Anusha had stepped down as president, as she will be taking on the role of CEO, life and health for Allianz Asia Pacific towards the end of this year.
LIAM would like to put on record our sincere appreciation to Anusha for her contribution to LIAM and the industry during her tenure as President.
Loh, who has 29 years of experience in the life insurance industry, started her career as a management trainee with an international life insurance company.
She took on various leadership positions and gained extensive experience in agency management, branch management, agency development, and training.
Her last role prior to joining Hong Leong Assurance (HLA) was vice president and senior director of agency (Malaysia) of AIA Bhd, the first lady appointed for such position then in Malaysia and amongst Asia’s six countries.
Loh joined HLA as chief operating officer of the life division in August 2007.
“Under her stewardship, the company has grown tremendously. Over a period of three years, gross premiums for the Life business tripled even as the agency force doubled in size.
“She was promoted to the position of group managing director/CEO on Sept 1, 2009,” it said.
LIAM also co-opted Ben Ng, CEO of AIA Bhd into the management committee with effect from Aug 23, 2019.
Ng was appointed to head AIA Bhd.,a leading life insurer in Malaysia with total assets worth RM51 billion (as at Dec 31, 2018) and one of AIA Group’s top five markets, on Aug 15, 2019.
The new LIAM management committee members for the term 2019/2020 are: President: Ms Loh Guat Lan, CEO of Hong Leong Assurance Bhd; Vice-President: Rangam Bir, CEO of Gibraltar BSN Life Bhd.
Management Committee members:
1. Ben Ng, CEO of AIA Bhd.
2. Mr Ramzi Toubassy, CEO of AmMetLife Insurance Bhd.
3. Paul Low Hong Ceong, CEO of Etiqa Life Insurance Bhd.
4. Datuk Koh Yaw Hui, CEO of Great Eastern Life Assurance (Malaysia) Bhd.
5. Gan Leong Hin, CEO of Prudential Assurance Malaysia Bhd.
6. Raymond Lew Yung Chow, CEO of Sun Life Malaysia Assurance Bhd.
7. Toi See Jong, CEO of Tokio Marine Life Insurance Malaysia Bhd.