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AmMetLife Takaful Gets BNM Nod For Appointment Of Noor Azam As CEO
Last update: 24/07/2017

KUALA LUMPUR, July 24 (Bernama) -- AmMetLife Takaful Bhd†has received regulatory approval from Bank Negara†Malaysia (BNM) for the appointment of†Noor†Azam Mohd Yusof as Chief Executive Officer, effective July 1, 2017.

In a statement today, it said,†Noor†Azam, who had 20 years' experience in the insurance industry, will be responsible in†driving the growth of the AmMetLife Takaful business in Malaysia.

"We are delighted to welcome Noor Azam to AmMetLife Takaful and are confident†that his extensive experience in the industry will help us enhance our value†proposition as a modern takaful operator in Malaysia," said Group Chief Executive Officer, AMMB†Holdings Bhd, Datuk Sulaiman†Mohd†Tahir.

AmMetLife Takaful is a strategic partnership between†AmBank Group†and MetLife International Holdings, Inc.

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CLOSING, FRIDAY, DEC 15
US 4.0780/0810
S'pore 3.0286/0313
100 Yen 3.6359/6389
Sterling 5.4763/4816
Euro 4.8100/8152
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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