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Takaful IKHLAS Chieftain Bags Best CEO 2017 Award
Last update: 15/09/2017

Takaful Ikhlas Berhad President and Chief Executive Officer, Datuk Ab Latiff Abu Bakar

KUALA LUMPUR, Sept 15 (Bernama) -- Takaful Ikhlas Berhad†President and Chief Executive Officer,†Datuk Ab Latiff†Abu Bakar, has been named†Best Chief†Executive Officer (CEO) 2017 for the takaful Industry at the Global Islamic Finance Awards†(GIFA) 2017 Awards Ceremony.

Takaful†IKHLAS†in a statement today said the award presented to Ab Latiff†was to recognise his contribution to†the development of Malaysia's takaful industry through various initiatives and product innovations, as well as, his efforts in driving the success of Takaful IKHLAS.

"Through Ab Latiff's leadership, Takaful IKHLAS had recorded strong business†growth in both its Family and General Takaful businesses during the financial year ended March 31, 2017 (FY17)," it said.

Takaful†IKHLAS†registered a growth of 9.3 per cent†in gross contribution to†RM989†million as compared to RM904.9 million registered in FY16.

Family Takaful†business gross contribution grew by 10.3 per cent year-on-year (y-o-y) to RM674.1 million†while†General Takaful business gross contribution expanded by 7.2 per cent y-o-y to†RM315†million.

Takaful Ikhlas†said it had also successfully developed innovative products to meet the different customer needs and demands, catering†to all types of customer segments which included individuals, families, women, as well as, individuals with special needs.†

The GIFA 2017 Best CEO Award is the second award received by Takaful Ikhlas†this year after being named as the Best Takaful Company 2017 at the 7th Asian†Islamic Banking and Takaful Conference which took place last month.



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