business

AmMetLife appoints Lee as new CEO

KUALA LUMPUR: AmMetLife (AmMetLife) Insurance Bhd has appointed Lee Jiau Jiunn as its new chief executive officer effective April 1, 2021.

Lee, who is currently the AmMetLife chief financial officer, will succeed Ramzi Toubassy.

MetLife regional head of Bangladesh, Malaysia, Nepal and Vietnam Elena Butarova said Lee is the right executive to continue to lead AmMetLife's transformation into a company that is continually innovating to meet customer expectations.

Lee joined AmMetLife after 14 years with AIA in Malaysia and Taiwan.

Prior to this, he held actuarial roles in both the Malaysia and New Zealand insurance sectors.

Lee is a graduate of University of Canterbury New Zealand with a bachelor of civil engineering degree and holds a master of engineering (civil engineering) qualification.

He is a fellow of the Institute of Actuaries, United Kingdom as well as a fellow of the Actuarial Society of Malaysia.

AmMetLife is a strategic partnership between AMMB Holdings Bhd (AmBank Group) and MetLife International Holdings LLC (MetLife).

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