Appointed to the position with effect from: August 2017
• Advanced Management Program, Harvard Business School, United States
• Professional Accounting (Association of Chartered Certified Accountants)
• Bachelor of Arts in Accounting and Finance, Lancaster University, United Kingdom
Skills, Experience and Expertise:
Rafiz Azuan Abdullah joined PIDM in 2007 and was in the Insurance, Risk Assessment and Monitoring Division where he spearheaded the completion of the Risk Assessment System for PIDM. In 2011, with the expansion of PIDM’s mandate to include the Takaful and Insurance Benefits Protection System, he managed the establishment of the Risk Assessment and Differential Levy Systems frameworks for insurer members. In June 2014, Rafiz Azuan assumed the role of Executive General Manager, as part of PIDM’s Chief Executive Officer succession plan.
He also plays an active role internationally, especially at the International Association of Deposit Insurers (IADI). He is a member of IADI’s Executive Council and was previously the Chairman of IADI’s Islamic Deposit Insurance Technical Committee.
Prior to joining PIDM, Rafiz Azuan served at Rating Agency Malaysia for more than 10 years, where he specialised in rating financial institutions, real estate and construction companies. In 1999, Rafiz Azuan was seconded to the Corporate Debt Restructuring Committee at Bank Negara Malaysia to assist with the restructuring of distressed companies as a result of the economic recession.
PIDM protects your deposits in the bank as well as your takaful and insurance benefits in the unlikely event of a failure of a member bank or a takaful operator / insurance company.