AmBank Islamic, Amanah Raya collaborate to offer legacy planning
KUCHING: AmBank Islamic Bhd (AmBank Islamic) and Amanah Raya Bhd (AmanahRaya) have recently signed an agreement to collaborate in offering legacy planning solutions.
AmBank Islamic was represented by its chief executive officer, Eqhwan Mokhzanee, whilst AmanahRaya was represented by its group managing director, Adenan Md Yusof.
The signing ceremony was witnessed by AmBank Group’s group chief executive officer Datuk Sulaiman Mohd Tahir and AmanahRaya chairman Datuk Mohd Nasir Ali.
The collaboration will enable AmBank Group customers to conduct their legacy planning at AmBank Group branches, including AmBank Signature Priority Banking centres nationwide.
This is in line with AmBank Islamic’s strategy to offer a complete suite of wealth management products and services, including wealth distribution and legacy preservation.
“We are pleased to collaborate with Amanah Raya Bhd, an organisation with over 90 years of experience in the legacy planning industry via its range of will, trust and estate management services.
“We are indeed honoured to partner Amanah Raya Bhd in order to offer legacy planning solutions to our customers,” Sulaiman said.
According to Mohd Nasir, as of Oct 31, 2019, AmanahRaya has registered over one million wills and with this collaboration, it is anticipated to increase significantly further.
“As a one stop centre for Legacy Planning, AmanahRaya will certainly compliment AmBank Islamic in ensuring individuals wealth and liabilities are properly managed.
“Furthermore,thiscollaboration will provide leverage for both parties to combine their expertise and networking infrastructure to promote Legacy Planning Services,” Mohd Nasir Ali said.
The ceremony was held in Bangunan AmBank Group and attended by the senior management of AmBank Islamic and AmanahRaya.
It is expected that customers will benefit through this partnership whilst opening up more opportunities for both agencies to further diversify its customers’ reach and provide value added services.