Malaysian Re (Dubai) Ltd

Malaysian Re (Dubai) Ltd (MRDL), a wholly owned subsidiary of MNRB, was incorporated on 7 December 2006 in Dubai, the United Arab Emirates. Its office is situated within the strategic Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA). 

MRDL is engaged in developing business for its sister company, Malaysian Re in the Middle East. Its primary functions are to develop relationships with clients around this region as well as provide services and underwriting support to them. Its close proximity to this target market gives MRDL an edge when servicing its clients. 

All businesses of MRDL are fully underwritten by Malaysian Re. MRDL will continue to expand its market presence and is committed to being at the forefront of the reinsurance segment within the region.

 

CORPORATE INFORMATION

BOARD OF DIRECTORS
Dato Sharkawi Alis
Chairman

DATO SHARKAWI ALIS, aged sixty-eight (68), Malaysian. Non-Independent Non-Executive Chairman effective from 17 December 2007. He is a Barrister-at-Law from Middle Temple, London where he was called in 1971. He served in the Malaysian Judicial and Legal Service in various capacities for eleven (11) years before he was appointed as Group Legal Adviser of Malaysian Mining Corporation Berhad in August 1982. In January 1997, he joined the Securities Commission, Malaysia as Director of Market Supervision and subsequently as Director of Corporate Resources Division till March 2003. Also Chairman of MNRB Holdings Berhad, Malaysian Reinsurance Berhad, Takaful Ikhlas Berhad and Labuan Reinsurance (L) Ltd., a Director of MIDF Amanah Asset Management Berhad, Malaysian Industrial Development Finance Berhad, MIDF Amanah Investment Bank Berhad, MIDF Property Berhad, Permodalan Satok Berhad and Motordata Research Consortium Sdn. Bhd. 

Mohd Din Merican
Board Member

MOHD DIN MERICAN, aged fifty-three (53), Malaysian. Non-Independent Non-Executive Director effective from 5 February 2012. Obtained Bachelor of Commerce (Honours) degree from Carleton University, Ottawa, Canada. He is an Associate of The Malaysian Insurance Institute (AMII) since 1991. He has thirty (30) years’ experience in the insurance industry and has held key management positions in various insurance, insurance broking and reinsurance firms including being the Principal Officer & General Manager of SCOR Switzerland Ltd, Labuan Branch. Prior to joining MNRB Holdings Berhad as the President & Group CEO, he was the Chief Executive Officer of Etiqa Insurance Berhad. Formerly a member of Management Committee of Persatuan Insurans Am Malaysia, National Insurance Association of Malaysia and President of Life Insurance Association of Malaysia. Also a Director of MNRB Holdings Berhad, Malaysian Reinsurance Berhad, MNRB Retakaful Berhad, Takaful Ikhlas Berhad, Labuan Reinsurance (L) Ltd. and Motordata Research Consortium Sdn. Bhd.

ZAINUDIN ISHAK
Board Member

ZAINUDIN ISHAK, aged forty-nine (49), Malaysian. Non-Independent Non-Executive Director effective from 23 April 2015. Currently, the President & Chief Executive Officer of Malaysian Re. An Associate member of Malaysian Insurance (AMII) since 1994. He started his career as Executive at Trust International Insurance Sdn Bhd in 1989. He joined Commerce Assurance Berhad (now CIMB Aviva Takaful Berhad) in 1994 and appointed CEO in 2006.  In 2009, he then joined HSBC Amanah Takaful Berhad as Executive Director & Chief Executive Officer. He served as Chairman of Malaysian Takaful Association until early 2015. Also a Director of MMIP Services Sdn Bhd and Financial Park (Labuan) Sdn Bhd.

George Oommen
Independent Non-Executive Director

GEORGE OOMMEN, aged sixty-four (64), male, Malaysian, Independent Non-Executive Director since 5 September 2018. He is a Chartered Accountant with the Malaysian Institute of Accountants. He is also a Certified Accountant by the Chartered Association of Certified Accountants United Kingdom and the Malaysian Association of Certified Public Accountants Malaysia. He has thirty-six (36) years’ of experience in the insurance industry. He began his career in 1981 when he joined American International Assurance Company Ltd as an Accountant. In 1999, he joined AIG Lippo Life Insurance Company, Indonesia as Vice President-Director. He then joined TATA AIG Life Insurance Company, India, in 2001, as Managing Director.  George Oommen later joined ACE INA Holdings Inc, India as Country Head/CEO in 2001. In 2003, he joined ACE Life, Cairo, Egypt as Chairman/Managing Director. In 2005, he joined ACE India Representative Office, India as Country Head/CEO. In 2006, he joined Signtech International Sdn Bhd as Chief Executive Officer. He later joined Dubai International Financial Centre (DIFC), UAE in 2007 where he was appointed as the Executive Director, Business Development. In 2010, he joined MENA Dubai, UAE as CEO & General Representative, Assicurazioni Generali S.p.A. Not related to any Director and/or major shareholder of MNRB. Also a Director of MNRB Holdings Berhad and Takaful Ikhlas Berhad.

MANAGEMENT TEAM
AHMAD SAIFUL BAHRI MOHAMED
Senior Executive Officer

AHMAD SAIFUL BAHRI MOHAMED is the Senior Executive Officer of Malaysian Re (Dubai) Ltd. (MRDL) since 1 st April, 2018. Prior to this, he served as Vice President of Business Region 1 of Malaysian Re, a sister company of MRDL. He was with Malaysian Re for 14 years, a company where he first joined as Assistant Manager of Business Unit 1 in 2003. He started his career as an Executive with Hannover Re, Malaysia in 1996 before joining Employers Reinsurance Corporation (ERC) in 2000 as Assistant Manager. He graduated with an Advanced Diploma in Business Studies (Insurance) – equivalent to a Bachelor’s Degree (Hons) from Universiti Teknologi Mara (UiTM) in 1995.

REGISTERED OFFICE
Unit 101, Level 1
Gate Village 4, The Gate District
Dubai International Financial Centre
P. O. Box 506571
Dubai, United Arab Emirates
Tel : +971 4 3230388
Fax : +971 4 3230288
Website : www.mnrb.com.my/malaysianre-dubai