Aman Chowla was appointed as the new CEO of FWD Group Holdings Limited’s Malaysian life insurance division. The gropu also announced that it will now trade as FWD Insurance Berhad instead of Gibraltar BSN Life Berhad.
The announcements were made at a luncheon in Kuala Lumpur, organized by the Hong Kong Trade Development Council. The event celebrated the continued development of the FWD brand in Malaysia.
Chowla: A seasoned CEO
Aman Chowla has more than 20 years of expertise in the life and P&C sectors, having served as the chief operating officer and executive vice president of large insurance organizations in Southeast Asia.
“It’s an exciting time as we introduce our FWD brand to even more Malaysians and create a full-service offering in the country. Aman is a seasoned industry veteran with great career experience and success in Malaysia. We look forward to leveraging his deep expertise in a market with fantastic long-term growth potential,” said Binayak Dutta, Managing Director for Emerging Markets and Group Chief Distribution Officer at FWD Group.
Chowla said that the company’s growth plans were a determining factor for him in joining the company. “I look forward to working closely with my new colleagues to bring FWD’s easy-to-understand products and services to more people in Malaysia,” he added.
FWD Group is headquartered in Hong Kong, with over 10 million clients in ten countries. The company celebrated its tenth anniversary in 2023.
In Malaysia, FWD Group became the first provider of family takaful products in Malaysia with the launch of FWD Takaful Berhad in 2019. It also has a regional technology and innovation centre in Kuala Lumpur.