Board of directors

Rafique R. Bhimjee

Mr. Rafique R. Bhimjee is B.Sc (Hons) in Management Science, University of Warwick, MBA in Finance from City University, London and a “Certified Director” from Pakistan Institute of Corporate Governance

Mr. Rafique Bhimjee has worked overseas in Merrill Lynch Asset Management, New York and Abu Dhabi Investment Authority.

He is associated with EFU group since August 22, 1991 when he was co-opted as Director on the Board of EFU General Insurance Ltd. He has been a Director of EFU Life Assurance Ltd. since August 1992. He was the Chairman of EFU General Insurance Ltd. from February 1999 to July 2011 and is now Chairman of EFU Life Assurance Ltd. Mr. Rafique Bhimjee is also Director of Allianz EFU Health Insurance Ltd. and EFU Services (Pvt.) Ltd.

In addition to EFU Group, he is also the Director of International Foundation Garments (Pak) Pvt. Ltd., and JS Bank Ltd.

Taher G. Sachak

Mr. Taher G. Sachak has studied in UK and is a graduate in Business Studies from Bournemouth University, and also has a post-graduate Diploma in Management Studies from Liverpool University. Following his studies he joined the British Civil Service and after 5 years decided to pursue a career in life assurance. He held executive positions in major UK Life Assurance Companies, Allied Dunbar, Trident Life and finally Century Life before coming to Pakistan in 1994 to join EFU Life.

His particular expertise lies in sales management and marketing. He helped introduce new concepts and products in Pakistan such as “unit linking” and “critical illness”. These innovations introduced by EFU Life gave the average investor the opportunity, for the first time in Pakistan, to avail the latest products marketed in the West.

He is also a Director of EFU General Insurance and Vice Chairman of Allianz EFU Health.

Hasanali Abdullah

Mr. Hasanali Abdullah qualified as Chartered Accountant from Institute of Chartered Accountants of Pakistan in 1973. He is also a “Certified Director” from Pakistan Institute of Corporate Governance.

He was associated with Hyder Bhimji & Company, Chartered Accountants and Karachi Rolling Mills Ltd from 1964 to 1979. He has been associated with EFU General Insurance Ltd since 1979. Having served in various capacities, Mr. Hasanali was appointed as Managing Director & Chief Executive of EFU General Insurance Ltd, in July 2011.

He is also a Director of Allianz EFU Health Insurance Ltd.

In addition to EFU Group companies, he is Director of Tourism Promotion Services (Pakistan) Ltd (owners of Serena Hotels in Pakistan), Honorary Treasurer of Aga Khan Hospital & Medical College Foundation, Member National Committee of Pakistan of Aga Khan University Foundation, Geneva.

He has served on the Boards and Committees of various Aga Khan Development Network institutions from 1976 to 2002. He has been a Director of Pakistan Institute of Corporate Governance in 2011, Chairman of Insurance Association of Pakistan for the years 2008 and 2010 -11 and Executive Committee Member of Federation of Pakistan Chambers of Commerce & Industries for 2011.

Jahangir Siddiqui

Mr. Jahangir Siddiqui founded JS Group in 1970 and led the group to become one of the largest business houses in Pakistan with over 20, 000 employees. He retired from executive duties at JS Group in 1999 but continues to serve as Chairman of JS Bank Limited. He is also a Director of EFU General Insurance and Allianz EFU Health.

In the past he has served as a Member on the Economic Advisory Board formed by the Government of Pakistan in 1999 and the Exchange Reforms Committee of the Government of Pakistan which opened up Pakistan’s capital markets to foreign investors. Mr. Siddiqui serves on various Government of Pakistan boards and committees, in particular those related to investment, taxation and finance.

Mr. Siddiqui was a member of the Karachi Stock Exchange from 1970-2001. He also served as a member of the Privatisation Commission of the Government of Pakistan when it was formed in 1991. He was elected President of the Karachi Stock Exchange in 1990 and 1991.

He founded the Mahvash and Jahangir Siddiqui Foundation, one of Pakistan’s largest private charities and dedicates a significant amount of time to philanthropic activities through a variety of organizations.

Muneer R. Bhimjee

Mr. Muneer R. Bhimjee, has been associated with EFU since July 1993. he is a Graduate (Hons) in Economics, London. He is also a Director of International Foundation Garments (Pak) Pvt. Ltd. and EFU General Insurance Ltd.

Saifuddin N. Zoomkawala

Mr. Saifuddin N. Zoomkawala did his Masters in Business Administration from Karachi University and B.Sc from DJ Science College Karachi.

He has been associated with EFU Group since 1965. He also worked for Credit & Commerce Insurance Company in UAE, an insurance company of EFU group. He served as Managing Director of EFU General Insurance Ltd, .from July 10, 1990 till July 2011 when he was elected Chairman of the Company.

He is also the Chairman of Allianz EFU Health and has served as Chairman of EFU Life Assurance Ltd. from February 1999 to July 2011.

In addition to EFU Group companies he is also associated with:

SAARC CCI Council on Financial Services & Insurance, Chairman
PII Council of Insurance Association of Pakistan, Member
Pakistan German Business Forum (2010-2013)President/CEO
SAARC Chamber of Commerce & Industry, Member Executive Committee
Board of Investment, Government of Pakistan, Member
Pakistan Postal Services Management Board, Member
Horti-Business Finance, formed by Ministry of Finance for coordination and implementation of all agri-business initiatives, Member Sub Committee Community Development Board, Planning & Development Department, Government of Sindh, Member
Investment Consultative Group, Sindh Board of Investment, Government of Sindh, Member Insurance Industry Reform Committee, Member
SECP Financial Markets and Corporate Sector Development Forum, Member

He is also associated with the following social institutions:
Aga Khan Resource Committee-Member
Shaukat Khanum Memorial Trust and Research Centre, Member Board of Governor
Burhani Hospital, Karachi- Member, Trustee
Cupola Cares Foundation, Member
Sindh Institute of Urology and Transplantation, Karachi, Member Board
Fakhr-e-Imdad Foundation, Member Board of Directors
IBA Advisory Council, Member

Heinz Dollberg

Mr Heinz Dollberg, based in the Asia Pacific Division of Allianz SE in Munich since 1998, is responsible for managing operations in Asia, the Middle East and North Africa, in collaboration with Allianz offices across the region. He frequently travels between Allianz headquarters in Munich and the subsidiaries to oversee operations. Mr Dollberg has over three decades of experience at Allianz and has held various positions, from Personnel Manager to General Manager to Chief Representative and Managing Director.

In the 1980’s, Mr Dollberg worked in Tokyo and Hong Kong and was part of the pioneering team that established the Group’s widespread operations in the Asia Pacific. Today, Allianz is present in 16 countries in the region. His area of responsibility was extended In October 2007, to five additional countries in the Middle East and North Africa.

Mr Dollberg holds a degree in Law and holds executive positions with numerous subsidiaries of Allianz. He was appointed, Honorary Professor by two well reputed universities– South Western University of Chengdu, one of the premier universities of finance and economics in China as well as the Tongji University of Shanghai.

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