Zurich Malaysia names Nazrul Hisham Abd Hamid as family takaful CEO

Nazrul was the CEO of Zurich General Takaful Malaysia Berhad (Zurich General Takaful) prior to his new role in Zurich Takaful. He succeeds Mukesh Dhawan who has recently stepped down; his replacement for the general takaful business will be announced in due time.

Reporting to Zurich Malaysia Country Head Junior Cho, Nazrul’s new responsibilities include leading strategic priorities to grow and strengthen Zurich’s family takaful business. He is well-versed in this line of business with more than 25 years of experience, of which over a decade was dedicated to the takaful industry covering both family and general takaful sales and operations.

Cho remarked, “I would like to take this opportunity to thank Mukesh for his commitment and contribution to building the life insurance and family takaful businesses since he joined Zurich Malaysia in January 2015. He has invested considerable efforts to launch unique customer propositions, robust distribution channels, and strategic partnerships over the past six years. We wish him the best in his journey.”

“At the same time, we welcome Nazrul as the new Zurich Takaful CEO as part of our succession planning and nurturing local leadership talent. Nazrul has strengthened Zurich General Takaful brand presence and successfully grew the business despite the pandemic. I look forward to him leading the way for sustainable business growth by delivering on our promise in line with our purpose to create a brighter future and strengthening Zurich Malaysia’s position further,” Cho continued.

Zurich Malaysia is one of only two insurers holding all four licenses for insurance and takaful:

• Family Takaful (Zurich Takaful)

• General Takaful (Zurich General Takaful)

• Life insurance (Zurich Life Insurance)

• General Insurance (Zurich General Insurance)