Kamaludin Ahmad

Kamaludin Ahmad was appointed as Group Chief Executive Officer, Insurance and Takaful on 1 December 2013, leading a company of 2,200 employees and overseeing the entire insurance and takaful business of the Maybank Group. He holds a B.Sc (Hons) Actuarial Science from the University of Kent, England, and is a member of Institute of Actuaries, England since 1991. Ahmad brings over 30 years of financial services industry experience with large local corporates and a multinational company.

Ahmad started his career in 1990 with six years of regulatory and risk management experience with Securities Commission Malaysia and Bank Negara Malaysia. Thereafter he joined several corporations including an investment bank and a multinational insurance company between 1996 and 2012. Prior to joining Etiqa, Ahmad held several key management positions in AIG Malaysia Insurance Berhad and AIG Asia Pacific Insurance Pte Ltd, and was Head of Corporate Finance, Strategy and Performance of UEM Group Berhad.

Career history

• Group Chief Executive Officer, Insurance and Takaful at Maybank/Etiqa (December 2013–present)
• Chief Executive Officer at Etiqa Insurance Bhd (2012–present)
• Chief Executive Officer at Maybank Ageas Holdings Bhd (2013–2016)
• Head of Corporate Finance, Strategy and Performance at UEM Group Berhad (prior to June 2012)
• Key management positions at AIG Malaysia Insurance Berhad and AIG Asia Pacific Insurance Pte Ltd

What Kamaludin Ahmad could bring to his Group Chief Executive Officer role at Etiqa Insurance and Takaful: Ahmad's combination of deep regulatory expertise from his early career at Bank Negara Malaysia and the Securities Commission, coupled with extensive multinational insurance sector experience at AIG and strategic corporate finance background at UEM, positions him to drive operational excellence, regulatory compliance, and regional expansion for Etiqa's integrated insurance and takaful platform across ASEAN markets. His track record navigating market liberalization and de-tarification challenges demonstrates capacity to adapt business strategy to evolving regulatory environments while maintaining profitability and competitive positioning.