FWD Group Holdings Ltd has appointed Aman Chowla as the new chief executive officer for its Malaysian life insurance business.
The company also announced the renaming of the business to FWD Insurance Bhd from Gibraltar BSN Life Bhd.
The expansion and extension of the FWD name and brand further into Malaysia was commemorated today during a business community luncheon in Kuala Lumpur.
These developments for FWD Group in Malaysia follow the recent completion of the company’s investment, together with other investors, in the business formerly known as Gibraltar BSN on April 3.
“We are delighted to welcome Aman to FWD to lead and grow our life insurance business in Malaysia,” managing director of emerging markets and group chief distribution officer Binayak Dutta said in a statement.
He added that it is an exciting time as the company introduce its FWD brand to even more Malaysians and create a full-service offering in the country.
“Aman is a seasoned industry veteran with great career experience and success in Malaysia. “We look forward to leveraging his deep expertise in a market with fantastic long-term growth potential,” he said.
Chowla has more than 20 years of experience in the life and general insurance industry, having held chief executive officer and chief operating officer roles for multinational insurance companies across Southeast Asia.
Chowla said FWD’s commitment to changing the way people feel about insurance, and its exciting growth plans in Malaysia, were defining factors in his decision to join the company.
