Fauziah Hisham Becomes Etiqa’s First Female Chairperson

In a groundbreaking development, Etiqa Group has appointed Fauziah Hisham as its new chairperson, effective July 1, 2024. This historic appointment not only signifies a major milestone for the company but also highlights Fauziah as the first woman to step into this crucial leadership role at Etiqa. Her extensive experience in the banking sector positions her perfectly to drive the company’s strategic vision and innovation forward.

Fauziah Hisham, a seasoned banking professional with over three decades of experience, steps into the role previously held by Datuk R. Karunakaran. Karunakaran, who retired after a commendable seven-year tenure, leaves behind a legacy of leadership and growth for Etiqa.

A Distinguished Career

Before she was appointed Etiqa’s first woman chairperson, Fauziah Hisham had already made a notable impact in the financial sector. Her career includes significant roles on the boards of Etiqa International Holdings Sdn Bhd and Maybank Ageas Holdings Bhd. Fauziah’s expertise is further bolstered by her senior positions at globally recognized banks such as JP Morgan Chase and Standard Chartered Bank.

Fauziah’s leadership and deep understanding of the finance industry have been crucial in her previous roles. Her extensive background includes steering strategic initiatives, managing high-profile financial portfolios, and navigating complex market dynamics. This wealth of experience positions her as an invaluable asset to Etiqa as it continues to strengthen its position in the insurance and takaful sectors.

A Strong Endorsement from Etiqa’s CEO

Kamaludin Ahmad, CEO of Etiqa, expressed his gratitude for Datuk Karunakaran’s contributions and enthusiasm for Fauziah’s new role. In his statement, Ahmad highlighted Fauziah’s impressive track record and the potential benefits her appointment brings:

“Puan Fauziah brings with her a wealth of experience, especially in the finance industry. We are confident that Puan Fauziah’s vast knowledge and proven track record will be a valuable asset to the current dynamics of the Etiqa International Holdings and Maybank Ageas Holdings Bhd boards and committee,” Ahmad said.

He further noted, “We look forward to leveraging her leadership to advance Etiqa’s position as a regional leader in insurance and takaful through enhanced digital capabilities.”

Strategic Vision for the Future

Fauziah’s appointment comes at a time when Etiqa is focusing on expanding its digital capabilities and reinforcing its market position. Under her leadership, the company is expected to drive forward with new strategies aimed at leveraging technology to improve customer experiences and operational efficiency.

The insurance and takaful industries are evolving rapidly, with digital transformation playing a critical role. Fauziah’s experience in navigating these changes will be instrumental in guiding Etiqa through this period of innovation and growth.

As Etiqa embarks on this new chapter with Fauziah Hisham as its first woman chairperson, the company is poised for a transformative journey. Fauziah’s appointment reflects not only a milestone in Etiqa’s history but also a commitment to embracing diverse leadership and leveraging extensive industry knowledge to steer the company toward continued success.