Published on December 16th, 2021 | by Subhash Nair0
Allianz Malaysia Appoints Sean Wang As CEO Effective 1 Jan 2022
Allianz Malaysia Berhad has a new CEO incoming, Mr Sean Wang.
Allianz Malaysia Berhad (Allianz Malaysia) has appointed Sean Wang as its Chief Executive Officer (CEO)
effective 1 January 2022.
Sean takes over from Zakri Khir, who will retire from his position as CEO of Allianz Malaysia effective 31 December 2021, following an exceptional tenure as Country Manager in his 21-year career with Allianz. Effective 1 January 2022, Zakri will be appointed as Non-Independent Non-Executive Director of Allianz Malaysia.
Sean will also take on the role of Executive Director of Allianz General Insurance Company (Malaysia) Berhad (Allianz General) effective 1 January 2022. On 1 July this year, he also succeeded Zakri as CEO of Allianz General.
Sean joined Allianz in 2004 and has driven various business and operations transformations, including Allianz General’s motor claims transformation that led to the introduction of the Allianz Road Rangers, an industry-first nationwide motor accident assistance service in 2017. Prior to his appointments, Sean was the Chief Operating Officer (COO) for Allianz Malaysia and Allianz General.
On the announcement, Allianz Malaysia Group Chairman, Tan Sri Datuk (Dr.) Rafiah Binti Salim said: “While we thank Zakri for his impeccable leadership, the Board is well pleased to see Sean take over the reins as CEO of Allianz Malaysia and Allianz General. Sean has always demonstrated bold enthusiasm and drive and given his familiarity of the Allianz Malaysia Group and its business philosophies, we are confident that he will be able to lead the company to greater heights.”
About Allianz Malaysia
Allianz Malaysia is the investment holding company for the life and property and casualty insurance business.
Allianz Malaysia Berhad (“AMB”) is part of Allianz Group in Germany. Allianz Group was founded in 1890 in Germany. With approximately 147,000 employees worldwide, the Allianz Group serves more than 100 million customers in about 70 countries*.
Allianz officially stepped foot in Malaysia in 2001 when it became the controlling shareholder of Allianz General Insurance Malaysia Berhad (“AGIM”). In 2007, the general insurance business of AGIM was transferred to its wholly-owned subsidiary, Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”). Following the completion of the transfer of general insurance business, AGIM changed its name to Allianz Malaysia Berhad (“AMB”). AMB is an investment holding company that has two wholly-owned subsidiaries – Allianz Life Insurance Malaysia Berhad (“Allianz Life”) and Allianz General.
Listed under Bursa Malaysia, AMB issues its own Annual Report. In 2011, AMB issued its first Sustainability Report to create transparency by reporting its non-financial performance.
Allianz General is one of the leading general insurers in Malaysia and has a broad spectrum of services in motor insurance, personal lines, small to medium enterprise businesses and large industrial risks. Allianz Life offers a comprehensive range of life and health insurance as well as investment-linked products and is one of the fastest growing life insurers in Malaysia.
With 32 branches in major cities nationwide, Allianz Malaysia aims to distinguish itself as the most trusted provider of financial services to suit the lifetime needs of Malaysians and at the same time, play a role as a responsible corporate citizen.