Malaysian Wealth Management – The Evolution of the Market and the Challenges Ahead

Mr Idi Irwan has been involved in the insurance industry since 1997. He started his insurance & finance career in the managerial level at Malaysia National Insurance (MNI) as Senior Manager in Corporate sales team. After the acquisition of MNI by Maybank, he was handpicked to work closely with McKinsey & Co in Corporate Business Project Management Team for their due diligence initiatives to size up the business for the new entity which consists of MNI-Takaful National-Maybank General Assurance. In 2007, the entity found a new name – Etiqa. Under Idi’s management, he and his team has achieved numerous feats over the term of six year there. He was chosen as Munich Re Horst K Jarnott scholarship recipient for Georgia State University. Later he was tasked to build and head the Marketing Strategies and Positioning Division reporting directly to Chief Marketing Officer. The task is to develop marketing strategies and Etiqa’s product positioning in the market. In 2011, Idi was headhunted by HSBC Amanah Takaful to build and develop Commercial Business under their Bancassurance, handling retail bancassurance. His manages insurance sales throughout 42 conventional branches in HSBC and 18 Syariah compliant branches in HSBC Amanah nationwide. Two years after he has been remapped into HSBC Malaysia and is reporting directly to the Head of Wealth of the time. The transformation has granted him a wealth of experience in managing the sales activities, production performance and also sales quality that is expected by HSBC global standards in selling insurance as part of the wealth proposition. Idi co-founded Bill Morrisons International Limited with the idea of distributing wealth products which are not made available to any local or foreign banks in Malaysia. Under his management Bill Morrisons pioneered the offshore financial industry to the world stage in the first year of the company’s establishment. He worked closely with global partners that spans from US, London, Dubai, Luxembourg, Hong Kong and Singapore. With Bill Morrisons’ expertise and global network, he is proud to provide our clients Asian Values with Global perspective in Wealth Management. Mr Idi completed his studies in Georgia State University, Department of Risk Management and Insurance. He is also a full-fledged Certified Financial Planner and Syariah Registered Financial Planner.

Jovin joined CREALOGIX in September 2020 and has nearly twenty years of professional experience in various positions within the financial industry. He began his professional career at Canadian Imperial Bank of Commerce. His career is focused in Wealth, Brokerage, and FinTech. With a long history in helping banks and financial institution enhancing their digital offerings, he is very well connected in the market. Jovin has lived in Canada, Hong Kong and Singapore and has experience across multiple regions including APAC.

Mark Smallwood TEP is based in the UK from where he advises predominantly Asian UHNW families on the structuring and ongoing administration and management of their estate and succession plan, family office, investment process and governance. He sits on the Business Advisory Council of a successful privately held business spanning multiple jurisdictions. After nearly 35 years in financial services across the global, including the UK, Caribbean, Switzerland, Hong Kong and Singapore and having held senior positions in one of the leading global private banks, Mark has unique insights and brings an independent, unconflicted view which enables UHNW families to objectively evaluate their decision making process.

Reach our to Mark: [email protected]

Raghavendra Ramesh, is currently part of Moxtra's Solutions team. Moxtra powers one stop apps for the mobile era. Raghavendra, has been with Moxtra for five and a half years now. As a part of the journey at Moxtra, Raghavendra has worked closely with some of Moxtra's marquee enterprise accounts such as Citibank, OCBC Bank, Bank of Singapore, Standard Chartered Bank (Retail & Private) in the Asia Pacific region. Raghavendra, works with bank teams to understand their current challenges with respect to client engagement, their key business objectives, and helps them leverage Moxtra's capabilities to address these challenges.

Reuben has over 15 years of experience in investments and wealth management. He started his career in Singapore as a FX dealer with Standard Chartered Bank in 2002 and Sumitomo Mitsui Banking Corporation in 2006. He is also an experienced Treasury Specialist working on advisory, treasury and execution for the affluent customers with Standard Chartered Bank. He returned to Malaysia and joined OCBC Bank in 2014 and has held various roles leading the advisory and product management group prior to his appointment as Head of Wealth Management OCBC Bank. In his current role, he oversees OCBC’s Malaysia wealth management product strategy, development and advisory units

Sammeer is a banking professional with significant track record of delivering sustainable growth and profitability across multiple businesses and geographies including India, Malaysia, Singapore, Vietnam, Sri Lanka, Brunei and Nepal. His functional expertise includes domains of Product Management, Sales Management, Digital across Lending, Transaction Banking and Wealth Management. Sammeer is presently heading the high growth Wealth Management Business for Standard Chartered in Malaysia.

Mr Idi Irwan has been involved in the insurance industry since 1997. He started his insurance & finance career in the managerial level at Malaysia National Insurance (MNI) as Senior Manager in Corporate sales team. After the acquisition of MNI by Maybank, he was handpicked to work closely with McKinsey & Co in Corporate Business Project Management Team for their due diligence initiatives to size up the business for the new entity which consists of MNI-Takaful National-Maybank General Assurance. In 2007, the entity found a new name – Etiqa. Under Idi’s management, he and his team has achieved numerous feats over the term of six year there. He was chosen as Munich Re Horst K Jarnott scholarship recipient for Georgia State University. Later he was tasked to build and head the Marketing Strategies and Positioning Division reporting directly to Chief Marketing Officer. The task is to develop marketing strategies and Etiqa’s product positioning in the market. In 2011, Idi was headhunted by HSBC Amanah Takaful to build and develop Commercial Business under their Bancassurance, handling retail bancassurance. His manages insurance sales throughout 42 conventional branches in HSBC and 18 Syariah compliant branches in HSBC Amanah nationwide. Two years after he has been remapped into HSBC Malaysia and is reporting directly to the Head of Wealth of the time. The transformation has granted him a wealth of experience in managing the sales activities, production performance and also sales quality that is expected by HSBC global standards in selling insurance as part of the wealth proposition. Idi co-founded Bill Morrisons International Limited with the idea of distributing wealth products which are not made available to any local or foreign banks in Malaysia. Under his management Bill Morrisons pioneered the offshore financial industry to the world stage in the first year of the company’s establishment. He worked closely with global partners that spans from US, London, Dubai, Luxembourg, Hong Kong and Singapore. With Bill Morrisons’ expertise and global network, he is proud to provide our clients Asian Values with Global perspective in Wealth Management. Mr Idi completed his studies in Georgia State University, Department of Risk Management and Insurance. He is also a full-fledged Certified Financial Planner and Syariah Registered Financial Planner.

Reuben has over 15 years of experience in investments and wealth management. He started his career in Singapore as a FX dealer with Standard Chartered Bank in 2002 and Sumitomo Mitsui Banking Corporation in 2006. He is also an experienced Treasury Specialist working on advisory, treasury and execution for the affluent customers with Standard Chartered Bank. He returned to Malaysia and joined OCBC Bank in 2014 and has held various roles leading the advisory and product management group prior to his appointment as Head of Wealth Management OCBC Bank. In his current role, he oversees OCBC’s Malaysia wealth management product strategy, development and advisory units

Sammeer is a banking professional with significant track record of delivering sustainable growth and profitability across multiple businesses and geographies including India, Malaysia, Singapore, Vietnam, Sri Lanka, Brunei and Nepal. His functional expertise includes domains of Product Management, Sales Management, Digital across Lending, Transaction Banking and Wealth Management. Sammeer is presently heading the high growth Wealth Management Business for Standard Chartered in Malaysia.

Raghavendra Ramesh, is currently part of Moxtra's Solutions team. Moxtra powers one stop apps for the mobile era. Raghavendra, has been with Moxtra for five and a half years now. As a part of the journey at Moxtra, Raghavendra has worked closely with some of Moxtra's marquee enterprise accounts such as Citibank, OCBC Bank, Bank of Singapore, Standard Chartered Bank (Retail & Private) in the Asia Pacific region. Raghavendra, works with bank teams to understand their current challenges with respect to client engagement, their key business objectives, and helps them leverage Moxtra's capabilities to address these challenges.

Mark Smallwood TEP is based in the UK from where he advises predominantly Asian UHNW families on the structuring and ongoing administration and management of their estate and succession plan, family office, investment process and governance. He sits on the Business Advisory Council of a successful privately held business spanning multiple jurisdictions. After nearly 35 years in financial services across the global, including the UK, Caribbean, Switzerland, Hong Kong and Singapore and having held senior positions in one of the leading global private banks, Mark has unique insights and brings an independent, unconflicted view which enables UHNW families to objectively evaluate their decision making process.

Reach our to Mark: [email protected]