members’ NEWS Quintiq launches GDC and Regional HQ Quintiq, a Dutch-based global leader in delivering Advanced Planning and Scheduling, and Supply Chain Planning business software solutions, launched its Global Development Centre and Regional HQ for South East Asia in Kuala Lumpur at the end of 2010. The event was officiated by YB Dato’ Mukhriz Mahathir, Deputy Minister of International Trade and Industry. Also present at the event was Dr Victor Allis, Chief Executive Officer of Quintiq. From left, Sanjay Nair, Dato’ Mukhriz, Dr Victor Allis and Bas de Jonge, Quintiq GDC Director
In just over 4 years now, Quintiq has provided employment for over 100 highly educated professionals in Malaysia. Quintiq expects to grow to 300 people by 2013 with even greater emphasis on recruiting local talents. With the expansion roadmap set for its GDC and its Regional HQ for South East Asia, Quintiq sees a growing potential for more companies in Malaysia to reap the benefits of tapping on to its rich and diverse expertise in servicing multiple clients internationally.
Mayban Ageas celebrates 10th anniversary Mayban Ageas Holdings Berhad (MAHB) celebrated its 10th anniversary here in Malaysia on 8 February with an intimate dinner with the key initiators of the bancassurance joint venture. Formerly known as Mayban Fortis Holdings Berhad, MAHB is the holding company of Etiqa Insurance and Takaful and is a joint-venture between Ageas and Maybank. The company was set up 10 years ago to introduce bancassurance into Malaysia and is now firmly entrenched as one of the most successful bancassurance joint-ventures in the country. In town to host the dinner was Ageas Chaiman, Jozef De Mey. Held at the prestigious Carcosa Seri Negara, fusion food was the theme of the day, reflecting the successful partnership. The Ageas team who played host at the event were CEO Bart De Smet, current Board Members of Mayban Ageas Dennis Zeings and Gary Crist and Filip Coremans, the previous Chief Executive Officer of Mayban Ageas.
Quintiq’s investment to-date of RM50 million has certainly benefited the country, particularly in terms of knowledge and technology transfer, high-level employment opportunities and even through skills and human capital development. Increasingly, the Company sees Malaysia as a very important market for its growth strategy and will continue to invest in strengthening its competencies here in Malaysia. Quintiq earlier announced it will invest close to RM100 milion in Malaysia over the next three years to expand operations. “The investments would be allocated mostly for human capital development, infrastructure and also more hiring to sustain our expanding operations,” Allis said after the launch.
“Quintiq will be a key enabler to adopt information technology (IT) to be globally competitive,” said Sanjay Nair, managing director of Quintiq Sdn Bhd. “Besides this, we are fully aware of the potential here and this adds to the objective of our Global Development Centre here,” he added.
Together with the current Malaysian Ageas team Hans De Cuyper (Acting CEO) and Chief Marketing Officer Barend Van Dam, the event was attended by 40 invitees consisting of previous key personnel during the early days
of the joint venture, Board Members and Senior Management. The reunion of friends marked a significant key milestone in both Ageas and Maybank’s insurance & takaful business for a successful partnership of 10 years and counting. Also in attendance during the celebration dinner was Senator Tan Sri Amirsham A. Aziz the previous Maybank President / CEO who had played an imperative role in the joint venture in 2001. Both Jozef De Mey and Maybank Chairman Tan Sri Megat Zaharuddin Megat Mohd Nor expressed and commended the great alliance between the two financial leaders over the last 10 years, which has seen the business grow 10 fold, recording a Gross Premium Written of RM 4.6 billion for FYE 2009/2010. In commemorating this auspicious and historical event, and in the spirit of charity, Jozef De Mey presented a cheque of 10,000 Euros to Tan Sri Megat Zaharuddin for Maybank’s charitable foundation – Cahaya Kasih, explaining that the 10,000 Euros represents 1,000 Euros for each wonderful year of the 10 year partnership.
The Maybank and Ageas teams coming together for the 10th anniversary
Quintiq aims to meet the specific IT needs of businesses worldwide with its specific Advanced Planning and Scheduling (APS) solutions.
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