KUALA LUMPUR, Nov 28 (Bernama) -- Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell has been awarded the prestigious Lifetime Achievement Award at the 28th Asia Insurance Industry Awards 2024.
The ceremony took place at Marina Bay Sands Expo and Convention Centre, Singapore.
In a statement, the association said the award recognised O’Dell’s 44-year career in the insurance sector, highlighting his visionary leadership, dedication and transformative impact.
It underscored his pivotal contributions to advancing the industry and his lifelong commitment to its development.
Appointed as LIAM’s CEO in 2019, O’Dell has strengthened the organisation by integrating four strategic pillars: advocacy, public awareness and education, industry development, and industry support.
These efforts have unified LIAM’s 16 member companies under a cohesive vision.
“Under his leadership, LIAM has undergone a significant transformation, strategically refining its vision and mission to elevate the life insurance industry in Malaysia.
“His forward-thinking approach, innovative strategies, and steadfast commitment have positioned the association as a reputable and influential organisation, recognised both locally and internationally,” the statement added.
O’Dell’s tenure has seen LIAM align with the Financial Sector Blueprint 2022–2026, focusing on increasing insurance penetration, ensuring affordable private medical insurance, driving digital transformation, and enhancing skills development. He has also prioritised addressing climate change, improving product transparency, boosting consumer education, and fostering public-private partnerships to mitigate catastrophic risks.
The 28th Asia Insurance Industry Awards celebrated excellence across the insurance sector. Winners were selected by a distinguished panel of judges, including regional and international market leaders, association heads, and regulators.
-- BERNAMA
