Malaysian Re (Dubai) Ltd. (MRDL), a wholly owned subsidiary of MNRB Holdings Berhad, was incorporated on 7 December 2006. MRDL is licensed under the laws of the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA).
Since its inception, MRDL has been primarily focusing its efforts on developing Malaysian Re’s business in the Middle East and North Africa (MENA) region. It functions primarily to develop relationships with clients in these regions as well as provide servicing and underwriting support for them. All reinsurance businesses of MRDL are fully underwritten by Malaysian Re, an ‘a-’ (Excellent) rated company by A.M. Best Co and ‘A’ by Fitch Ratings.
MRDL will continue to expand its market presence in the MENA region and is committed in being at the forefront of strong leadership in the region.
SHARKAWI ALIS, aged sixty-six (66), Malaysian. Non-Independent Non-Executive Chairman since 7 January 2005 and was subsequently appointed as Non- Independent Non-Executive Chairman on 3 September 2007. Member of the Nomination Committee. 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 Malaysian Re, Takaful IKHLAS, MRT, Labuan Re and MRDL, Director of MIDF Amanah Asset Management Berhad, Malaysian Industrial Development Finance Berhad, MIDF Amanah Investment Bank Berhad, MIDF Property Berhad and MRC. Not related to any Directors and/or major shareholders of MNRB except by virtue of being a nominee Director of PNB. Does not have any conflict of interest with MNRB and has never been convicted for any offences within the past ten (10) years. Attended all the eight (8) Board Meetings held in the financial year.
HASHIM HARUN, aged fifty-nine (59), Malaysian. Non-Independent Executive Director since 1 April 2008. Member of the Investment Committee. Currently, the President & Chief Executive Officer of Malaysian Re. He is the Chairman of Malaysian Insurance Institute (MII), a Director of MRDL, MMIP Services Sdn. Bhd., Financial Park (Labuan) Sdn. Bhd. and Asian Institute of Finance (AIF). Obtained his Bachelor of Arts (Hons.) Degree from the University of Malaya. He started his career at Credit Corporation (M) Berhad, a finance company, in 1977. He served in various capacities and was appointed as General Manager in 1988. In 1996, with the acquisition of Credit Corporation (M) Berhad by the DRB Hicom Group, he was appointed as the General Manager at one of its subsidiaries, Automotive Corporation (M) Sdn. Bhd., assembler and distributor of Isuzu vehicles and the national truck, Hicom. In 1998, he served on the Board of SEA Insurance Berhad (now UNI.Asia General Insurance Berhad) and subsequently appointed as CEO in 1999. He served as a Director at UNI.Asia Capital Berhad and UNI. Asia Life Assurance Berhad from 1999 to 2008. Held the position of Chairman of Central Administration Bureau (CAB) from 2003 to 2005. A Director of Malaysian Rating Corporation Berhad from 2005 to 2007 and he served as the Chairman of Persatuan Insurans Am Malaysia (PIAM) from 2009 to 2012.
MOHD DIN MERICAN, aged fifty-one (51), Non-Independent Executive Director with effect from 9 January 2012 and President & Group Chief Executive Officer of the Company. Member of the Investment Committee. Obtained Bachelor of Commerce (Honours) degree from Carleton University, Ottawa, Canada. He is an Associate Member of The Malaysian Insurance Institute since 1991. His more than twenty-eight (28) years experience in the insurance industry began in 1985 when he joined one of Malaysia´s general insurance companies. Since then he 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, he was the Chief Executive Officer of Etiqa Insurance Berhad. Formerly 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 Malaysian Re, MRT, Takaful IKHLAS, Labuan Re, MRDL and MRC.
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