KUALA LUMPUR: Allianz Malaysia Bhd has appointed Sean Wang as its chief executive officer (CEO), effective from January 1, 2022.
In a statement today, the insurance company said Wang would take over from Zakri Khir, who will retire from his position as CEO of Allianz Malaysia effective December 31, 2021.
Zakri has a 21-year career with Allianz.
Meanwhile, effective from January 1 next year, Zakri will be a non-independent non-executive director of Allianz Malaysia.
Wang will also take on the role of executive director of Allianz General Insurance Company (Malaysia) Bhd, effective from January 1, 2022.
On July 1 this yeat, Wang succeeded Zakri as CEO of Allianz General.
Wang 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, Wang was chief operating officer for Allianz Malaysia and Allianz General.
Allianz Malaysia Group chairman Tan Sri Datuk Dr. Rafiah Salim said the board was pleased to see Wang took over the reins as CEO of Allianz Malaysia and Allianz General.
"Wang 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."