Zurich picks CEO in Malaysia

July 16 2019 by InsuranceAsia News Staff

Zurich General Insurance Malaysia has appointed Junior Cho as chief executive.

Cho (pictured) will start on July 15 and be responsible for driving Zurich’s strategies to achieve profitable growth for its general insurance business in Malaysia.

He succeeds David Fike, who has assumed a regional role at the insurer; Cho will report to the board of directors.

Cho has over 25 years of experience in the insurance and financial services sector. He has held several strategic and senior management roles in business strategy, sales, marketing, distribution, customer management, operations and technology in multinationals such as Allianz Life, MetLife and Cigna International.

Prior to joining Zurich Malaysia, he was group chief executive of Tune Protect Group and was responsible for overseeing its general insurance businesses in Malaysia, Thailand and the Middle East.

In April Zurich Malaysia signed an exclusive 15-year bancassurance and bancatakaful partnership agreement with Alliance Bank Malaysia and its subsidiary Alliance Islamic Bank.

Through the partnership, Zurich Malaysia’s P&C and P&C takaful products will be offered throughout Alliance Bank’s 81 branches and digital channels from May 1.

The bank is offering fire insurance for individuals and commercial property owners, followed by plans for SMEs, personal lines and takaful plans.