Corporate News: Staff Announcement

Hong Leong Tokio Marine Takaful (HLTMT) is pleased to announce the appointment of Encik Abdul Latiff Bin Haji Abu Bakar as Chief Executive Officer (CEO)with effect from 3 December 2008. Abdul Latiff will be in charge of charting the company's strategic direction.

Abdul Latiff brings with him 19 years of professional insurance experience culled from his stints at various organizations like Etiqa, Malaysian AssuranceAlliance Bhd and Takaful Nasional Sdn Bhd. At Etiqa, Abdul Latiff was the Executive Vice President Agency where he was responsible for overseeing theTakaful Family and General, Conventional Life & General and looking into franchise opportunities. His other notable professional credentials includeestablishing an insurance company in Indonesia as well as having extensive experience in investment linked products and employee benefits.

Abdul Latiff holds a Bachelor in Business Administration from University of Portland, Oregon, USA.

HLTMT is a strategic collaboration between Hong Leong Financial Group, an integrated financial services group based in Malaysia and Tokio Marine NichidoFire, one of the world's largest insurance companies. HLTMT is also a key component of Hong Leong Islamic Bank.

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Press Release - 08/01/2009