Etiqa Insurance Board Of Directors: A Comprehensive Understanding
Etiqa Insurance is a leading insurance company in Malaysia, providing a wide range of insurance services to individuals and businesses. The company is known for its commitment to customer satisfaction and its innovative products and services. One of the key factors that contribute to the success of Etiqa Insurance is its Board of Directors. In this article, we will take a closer look at the Etiqa Insurance Board of Directors and provide a comprehensive understanding to the readers.
Who are the Etiqa Insurance Board of Directors?
The Etiqa Insurance Board of Directors is a group of individuals who are responsible for the overall management and direction of the company. They are appointed by the shareholders of the company and are accountable for the company’s performance. The Board of Directors is made up of individuals with diverse backgrounds and expertise, including business leaders, industry experts, and professionals from various fields.
As of 2021, the Etiqa Insurance Board of Directors comprises of the following members:
1. Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak – Chairman
2. Ms. Kamisah Johan – Independent Director
3. Mr. Lee Swee Kiat – Independent Director
4. Mr. Norazman Bin Hamid – Independent Director
5. Mr. Adzmi Bin Abdul Wahab – Independent Director
6. Ms. Rohaya Mohammad Yusof – Non-Independent Director
7. Ms. Heidi Loo – Non-Independent Director
8. Ms. Sharon Teoh – Non-Independent Director
9. Mr. Zulkiflee Bin Abbas Abdul Hamid – Non-Independent Director
10. Mr. Parthiven Shanmugam – Non-Independent Director
What are the roles and responsibilities of the Etiqa Insurance Board of Directors?
The Etiqa Insurance Board of Directors has several roles and responsibilities, including:
1. Strategic planning: The Board of Directors is responsible for setting the strategic direction of the company. They are responsible for developing long-term goals and objectives and ensuring that the company is moving in the right direction.
2. Risk management: The Board of Directors is responsible for identifying and managing risks that the company may face. They are responsible for ensuring that the company has adequate risk management policies and procedures in place.
3. Financial oversight: The Board of Directors is responsible for overseeing the financial performance of the company. They are responsible for ensuring that the company is financially stable and that the financial reports are accurate and reliable.
4. Governance: The Board of Directors is responsible for ensuring that the company is operating in compliance with all applicable laws and regulations. They are responsible for ensuring that the company is following best practices in corporate governance.
5. Oversight of management: The Board of Directors is responsible for overseeing the management of the company. They are responsible for ensuring that the management team is operating in the best interests of the company and its shareholders.
What are the qualifications required to be a member of the Etiqa Insurance Board of Directors?
To be a member of the Etiqa Insurance Board of Directors, an individual must have the following qualifications:
1. Experience: The individual must have relevant experience in the insurance industry or a related field. They should have a good understanding of the industry and the challenges it faces.
2. Education: The individual should have a relevant degree or certification in a related field. This could be a degree in finance, business administration, or law.
3. Integrity: The individual should have a strong sense of ethics and integrity. They should be honest, trustworthy, and transparent in their dealings.
4. Independence: The individual must be independent and free from any conflicts of interest. They should be able to make decisions in the best interests of the company and its shareholders.
Conclusion
The Etiqa Insurance Board of Directors plays a crucial role in the success of the company. They are responsible for setting the strategic direction of the company, managing risks, and ensuring compliance with laws and regulations. The members of the Board of Directors bring a wealth of experience and expertise to the table, and are committed to ensuring the long-term success of the company. By understanding the roles and responsibilities of the Etiqa Insurance Board of Directors, investors and customers can have confidence in the company’s leadership and management.