On completion of the proposal, GELM will hold 100 per cent of AML and GETB will own 100 per cent of AMT. "In addition, the proposal will see GELM, AML, GETB and AMT entering into exclusive 20-year bancassurance and bancatakaful agreements for the distribution of life insurance and family takaful products through the distribution network of AMMB's banking subsidiaries, AmBank (M) Bhd and AmBank Islamic Bhd, across Malaysia," AMMB said. Meanwhile, in a press statement, AMMB Group chief executive officer (CEO) Datuk Sulaiman Mohd Tahir said the alignment of AmMetL,ife and AmMetLife Takaful with Great Eastern, a frontrunner in the insurance landscape of Malaysia and Asia is set to pave the way for a robust growth and sustainable scalability. "We are genuinely excited about the potential this alliance holds. It is not just about business growth; it is about transforming the customer experience," he added.