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Board of Directors

The Directors who have held office since the date of the last report are as follows:

  • Dato’ Tan Ang Meng (Completed his directorship on 12 April 2025)
  • Arunothayam Rajaratnam (Completed her directorship on 24 April 2025)
  • Datuk Mark Victor Rozario (Appointed as Chairperson on 25 April 2025)
  • Saw Teow Yam (Appointed on 5 November 2020)
  • Robert Kosova (Appointed on 5 June 2024)
  • Po Yih Ming (Appointed on 13 April 2025)

  • Rob Kosova

    Executive Director

    Robert Kosova (Rob) was appointed as QBE Asia’s Chief Executive Officer on 1 April 2024. He joined QBE in November 2018 as a General Manager for People’s Risk and Commercial portfolio. Rob has led a progressive team during that time, most recently leading underwriters from the Australia Pacific division accountable for customer and partner journeys across multiple product lines, including workers compensation, property, marine and commercial motor as well as their risk solutions team.

    Rob has a background in risk management and consultancy, spanning all areas of business risk exposure, and has held roles on the insurer, broker and customer sides of the insurance industry.

    Prior to his role at QBE, Rob worked for approximately 8 years on the customer side as a GM of Risk and Insurance and 10 years on the insurance broking side.

  • Datuk Mark Victor Rozario

    Independent Non-Executive Director

    Datuk Mark Victor Rozario (Datuk Mark) was appointed as an Independent Non-Executive Director of QBE Malaysia on 25 April 2025. He serves as the Chairman of the Board and is a member of the Audit Committee, Nomination Committee, Risk and Capital Committee and Remuneration Committee.

    Datuk Mark is a seasoned business leader with over 35 years of experience in senior executive and board roles across government, Malaysian, and multinational organisations. He has held Chief Executive Officer and Managing Director roles for over 15 years and currently serves as a Non-Executive Director at Citibank Berhad, Tropicana Corporation Berhad, and Pintar Projek Sdn Bhd (YTL Hospitality REIT), as well as Chair of the Nomination and Remuneration Committee at Petronas Gas Berhad.

    Previously, he was Chief Executive Officer of General Electric Malaysia from 2017 to 2020, where he oversaw a portfolio of more than 2,300 employees and US$1 billion in revenue. His career also includes key leadership roles such as Group Chief Financial Officer at Sunway Group, Group Managing Director at Country Heights Holdings, and Controller for East Asia at Schlumberger. He began his career at KPMG London, where he qualified as a Chartered Accountant.

    Datuk Mark is a Fellow of the Institute of Chartered Accountants in England and Wales, a member of the Malaysian Institute of Accountants, and a Fellow of the Institute of Corporate Directors Malaysia. He also served as Chief Executive Officer of the National Innovation Agency, where he engaged with senior leaders across of government and industry. Known for his strategic insight and commercial pragmatism, he brings deep expertise in navigating complex corporate environments and driving governance excellence.

  • Saw Teow Yam

    Independent Non-Executive Director

    Ms Saw Teow Yam (Yen), was appointed as an Independent Non-Executive Director of QBE Malaysia on 5 November 2020. She is the Chairman of the Risk and Capital Committee and Remuneration Committee. She is also a member of the Audit Committee and Nomination Committee. She holds a Bachelor of Economics (Honours).

    Yen brings 30 years’ experience in insurance and reinsurance in the Asia Pacific region across business development, marketing and distribution, operations, and client servicing. She was the Chief Executive Officer of Tokio Marine Insurance (Malaysia) Berhad, from which she retired in 2016. Prior to that she led Aviva’s Indonesian franchise and ran CIMB’s Assurance business. Yen is an innovative thinker with a passion for technology and currently runs her own consultancy connecting reinsurance companies with investors and tech businesses.

  • Po Yih Ming

    Independent Non-Executive Director

    Ms Po Yih Ming (Frances) was appointed Independent Non-Executive Director of QBE Malaysia on 13 April 2025. She serves as Chairperson of the Audit Committee and the Nomination Committee and is a member of the Board, Risk and Capital Committee and Remuneration Committee.

    Frances retired from PricewaterhouseCoopers Malaysia (PwC) in June 2019. She has extensive experience in audit, taxation and governance. During her time at PwC, she served on the Tax Executive Committee and held the role of Tax Partner and Business Unit Leader of the International Tax Services and Mergers & Acquisition.

    Frances has worked extensively with regulatory bodies, particularly in relation to the domestication of foreign insurance companies. She also successfully led lobbying efforts with the Life Insurance Association of Malaysia (LIAM) to secure favourable tax legislation changes for the life insurance industry.

    Her experience includes advising clients on compliance with tax and financial reporting regulations, conducting due diligence, and collaboration with assurance teams to support external audits. Her other roles included overseeing tax filing programmes for a large portfolio of clients, including the insurance industry, as well as providing tax advisory services and corporate restructuring.

    Currently, Frances chairs the Audit & Risk Committees of Sentral REIT Management Sdn Bhd and Verdant Solar Holdings Berhad, demonstrating strong leadership in audit governance.

    Frances is a Chartered Accountant with the Malaysian Institute of Accountants, a Fellow of the Chartered Tax Institute and a Fellow of the Institute of Corporate Directors Malaysia.

Corporate Governance

Financial Reporting

The Board and senior management receive regular financial and management reports to enable them to effectively monitor the financial performance and condition of the Company in relation to the corporate objectives and responsibilities.

Meetings of Directors

Full Meeting of Directors Audit Nomination Renumeration Risk & Capital
Number of meetings held during the year 4 4 2 1 4

Directors' Remuneration

Details of Directors’ remuneration are set out in Note 18 to the financial statements.

BOARD CHARTER

MEMORANDUM AND ARTICLES OF QBE INSURANCE (MALAYSIA) BERHAD