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AMBANK ISLAMIC AND AMANAH RAYA COLLABORATE TO OFFER LEGACY PLANNING SOLUTIONS
Tuesday 12/11/2019
KUALA LUMPUR, Nov 12 (Bernama) -- AmBank Islamic Berhad (AmBank Islamic) and Amanah Raya Berhad signed an agreement to collaborate in offering legacy planning solutions. AmBank Islamic was represented by its Chief Executive Officer, Eqhwan Mokhzanee, whilst Amanah Raya Berhad was represented by its Group Managing Director, Adenan Md Yusof. The signing ceremony was witnessed by Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group and Datuk Mohd Nasir Ali, Chairman, Amanah Raya Berhad.
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 Berhad, 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 Berhad in order to offer legacy planning solutions to our customers,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.
“As of 31 October 2019, AmanahRaya has registered over 1 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, this collaboration will provide leverage for both parties to combine their expertise and networking infrastructure to promote Legacy Planning Services.” said Datuk Mohd Nasir Ali.
The ceremony was held in Bangunan AmBank Group and attended by the senior management of AmBank Islamic and Amanah Raya Berhad. 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.
For further details on the product, please visit https://ambank.com.my or our social media platforms.
About AmBank Group: AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia. We have over three million customers and employ over 9,000 people. The Group was listed on the Main Market of Bursa Malaysia in 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM13.7 billion and assets of RM158.8 billion as at 31 March 2019. AmBank Group serves over three million individual and corporate customers. It provides services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts. For more information, please visit ambankgroup.com About Amanah Raya Berhad: Amanah Raya Berhad (AmanahRaya), was established on 1 May 1921 as the Department of Public Trustee and Official Administrator. Subsequently, the Department was corporatized on 29 May 1995 and commenced its operation as Amanah Raya Berhad on 1 August 1995. As the premier trust company, with 21 branches nationwide, AmanahRaya provides a one stop Legacy Management Service which encompass Will-Writing, Custodianship, Estate Administration and Trust Services.
SOURCE: AmBank Group
FOR MORE INFORMATION PLEASE CONTACT:
AmBank Group
Name: Syed Anuar Syed Ali
Executive Vice President
Group Corporate Communications and Marketing
Tel: 03-2036 1703
Email: sasa@ambankgroup.com
Amanah Raya Berhad
Name: Nik Salina Nik Idris
Head, Group Marketing & Communications Division
Tel:03-2055 7488
Fax:03-2072 1434
Email: niksalina@arb.com.my
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