KUALA LUMPUR: Etiqa Group has appointed Fauziah Hisham as its new chairperson, effective July 1, 2024, making her the first woman chairperson of the insurance group.
She succeeds Datuk R. Karunakaran, who has retired after serving more than seven years as chairman.
In a statement, Etiqa said Fauziah has served more than two years as a board member Etiqa International Holdings Sdn. Bhd and Maybank Ageas Holdings Bhd, before she was appointed chairperson of both companies.
Fauziah is a Fellow Member of the Chartered Governance Institute, United Kingdom and a Qualified Risk Director of the Institute of Enterprise Risk Practitioners.
She has over 30 years of banking experience having served in senior management and leadership roles in J.P. Morgan Chase, Standard Chartered Bank and Australia & New Zealand Banking Group in Malaysia including serving as the chief executive officer of J.P. Morgan Chase Bank Bhd from 2002 to 2006.
After she retired from Australia & New Zealand Banking Group, she was appointed as the chairman of the Board of J.P. Morgan Chase Bank Berhad in January 2015 before stepping down to join the Board of Malayan Banking Bhd
(Maybank) in May 2018.
