AmMetLife Insurance Names Wan Saifulrizal As CEO

AmMetLife Insurance Bhd has appointed Wan Saifulrizal Wan Ismail as its new chief executive officer, marking a leadership transition at the insurer. He succeeds Rangam Bir, who has stepped down from the role to pursue other opportunities.

Wan brings close to 30 years of experience in the insurance and takaful industries. Over the course of his career, he has held roles as a regulator, actuary and senior executive across various insurance and takaful organisations. He has also contributed to industry development, including serving as chairman of the Malaysian Takaful Association.

MetLife’s Regional Head for Bangladesh, Malaysia, Nepal and Vietnam, Elena Butarova, said Wan’s appointment comes at a time when demand for protection and health solutions in Malaysia continues to evolve. She noted that his strong actuarial background, extensive industry knowledge and commercial leadership experience position him well to lead the company into its next phase of growth.

Wan said he looks forward to strengthening AmMetLife’s role in helping Malaysians build financial resilience. He added that rising awareness around insurance, health protection and long-term financial planning presents opportunities for the company to expand its reach and deliver greater value to customers.

AmMetLife was established in 1973 as AmLife Insurance Berhad and is one of the longer-operating insurers in Malaysia. The company is a joint venture between AmBank Group and MetLife, offering life insurance, annuities, employee benefits and asset management solutions. Through the partnership, AmMetLife leverages MetLife’s global expertise alongside AmBank Group’s local market presence to serve customers across Malaysia.

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