Rafiz Azuan named PIDM CEO
KUALA LUMPUR: Malaysia Deposit Insurance Corp (PIDM) has appointed Rafiz Azuan Abdullah as its chief executive officer (CEO) effective August 28.
Rafiz will succeed Jean Pierre Sabourin, the founding CEO who will retire on August 27 after 12 years of service.
“His appointment is the culmination of our board-led CEO succession planning process that commenced in 2013. This process provides for a smooth leadership transition, which is key in maintaining a strong management team.
“The board is confident that Rafiz will take up the mantle of leadership and continue to advance PIDM,” said chairman Tan Sri Abdul Samad Alias.
Rafiz has served PIDM since 2007 and is currently the executive general manager. Prior to this role, he was the general manager of the company’s insurance, risk assessment and monitoring division.
On the international front, Rafiz is a member of the executive committee of the International Association of Deposit Insurers.