Rafiz Azuan Abdullah was appointed the Chief Executive Officer of PIDM on 28 August 2017.
He joined PIDM in 2007 and led 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 also include the Takaful and Insurance Benefits Protection System, he managed the establishment of the Risk Assessment and Differential Levy Systems Framework for insurer members. In June 2014, Rafiz Azuan assumed the role of Executive General Manager, as part of the PIDM’s CEO succession planning.
Rafiz Azuan has previously served as the Chairperson of the Research Technical Committee under the Asia-Pacific Regional Committee (APRC) of the International Association of Deposit Insurance (IADI), as well as the Chairman of IADI’s Islamic Deposit Insurance Technical Committee. He was also a member of IADI’s Executive Council from 2017 to 2020.
Prior to joining PIDM, Rafiz Azuan served at the 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.