KUALA LUMPUR, APRIL 27, 2016 – The General Insurance Association of Malaysia has elected Antony Lee, CEO of AIG Malaysia as its new Chairman.
He was elected at PIAM’s Annual General Meeting that was held on Friday, 22 April 2016, for the 2016/2017 term of office. At the same event, the heads of other sub-committees were also elected to office.
He served as the Deputy Chairman of PIAM for the 2015/2016 term, and also presided over the trade association’s Education sub-committee, where he helped pioneer the associations internship programme (GIIFT).
With his chairmanship, Antony will also sit on the boards of the ASEAN Insurance Council, the Malaysian Insurance Institute (MII), the Financial Mediation Bureau, the Central Administration Bureau (CAB) Supervisory Board, the Vehicle Theft Reduction Council (M) Bhd and the National Payments Advisory Council (NPAC).
“I am privileged and honored to continue serving PIAM. This year is a landmark year for the industry, particularly with Bank Negara's recent announcement of de-tariff for the Auto and Fire sectors. The market landscape will change and we need to seize the opportunity to create greater awareness and encourage innovation to benefit society,” he said.
American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today we provide a wide range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 100 countries and jurisdictions. Our diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
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AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
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