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Fellow Adjunct

Ismail Mahbob

ismail mahbob










        DOB:     Dec 14th 1951


        Mobile:   6012-2180357


Ismail started his career in insurance in 1977 as an Account Executive with a broking company.  He then worked with insurance / reinsurance / retakaful companies serving at various management positions till his retirement in 2012.

Ismail had his international market exposure in the early eighties when he led a team in developing and administering a medical insurance program for Malaysian sponsored students studying in the USA. This exposure was further enhanced during his tenure as a Senior Vice President at Labuan Reinsurance (L) Ltd where his responsibilities covered three main business areas:-

$1(i)     Underwriter for markets of Indonesia, Indian Sub-Continent, Middle East, Turkey, Iran and Africa,

$1(ii)   Oversees the Company’s business involvement at Lloyd’s of London, and

$1(iii)Head of Retakaful Division.

For period 2007 to 2012, Ismail helmed the first Malaysian retakaful company, MNRB Retakaful Berhad as its President / Chief Executive Officer. He retired from active employment in May 2012.


Ismail was active in industry’s activities and spearheaded many initiatives. He was a frequent speaker in conferences and forums and contributed articles to industry trade magazine. Some of the positions he had held were:-

$1(i)        Chairman, Global Takaful Group (GTG), July 2011 – May 2012,

$1(ii)      Member, Council of Association of Chartered Islamic Finance Professionals (ACIFP),

$1(iii)    Member, Islamic Finance Committee, Labuan International Business Centre, and

$1(iv)     Member, Management Committee of Malaysian Takaful Association (till May 2012).


$1(v)                Diploma in Marketing, Chartered Institute of Marketing, UK,

$1(vi)              Associate Chartered Islamic Finance Professionals (ACIFP), Malaysia              



Designations / Employers

Main Functions

1977 - 1978

Branch Manager, Kota Kinabalu 

(Magnet Insurance Brokers)

Marketing & Servicing

1979 - 1988

Various managerial positions,

(Progressive Insurance Sdn Bhd.)

Corporate & Broker Marketing; Branch Manager 

1988 - 1990

Asst General Manager,

(American Malaysian Insurance Sdn. Bhd.)

Branch Operations (nationwide)

1990 - 1996

Senior Broker,

(Malene CSB Insurance Brokers Sdn. Bhd.)

Head (Non-Energy Division)

1997 - 2007

Senior Vice President,

(Labuan Reinsurance (L) Ltd.)

1.     Underwriter for Indonesia, Indian Sub-Continent, Turkey, Iran, Middle East & Africa,

2.    Oversees business participation at Lloyd’s of London, and

3.    Head of Retakaful Division    


2007 – 2012 (May)

President / Chief Executive Officer,

(MNRB Retakaful Berhad)

Formation, Overall Growth and   Development of Company.