Rafique R. Bhimjee

Mr. Rafique R. Bhimjee holds a B.Sc. (Hons) in Management Sciences from the University of Warwick and an MBA in Investment and Finance from Bayes Business School, London. He is a "Certified Director" accredited by the Pakistan Institute of Corporate Governance.

He has worked abroad in Merrill Lynch Asset Management in New York and the Abu Dhabi Investment Authority in the UAE before returning to Pakistan in 1983.

Mr. Rafique Bhimjee was the Chairman of the Board of Directors of EFU General Insurance Ltd. from February 1999 to July 2011. He assumed the role of Chairman at EFU Life Assurance Ltd. in July 2011. He is also a director of EFU Services (Pvt.) Ltd. and International Foundation & Garments (Pak) (Pvt.) Limited.

Taher Ghulamhusein Sachak

Mr. Taher G. Sachak 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 1993 to join EFU Life.

He served as a Director of EFU General Insurance from February 1999 to July 2026. He also served as the Chief Executive and Managing Director of EFU Life Assurance Limited from November 1993 to July 2023. He currently serves as the Vice Chairman of EFU Life Assurance Limited. He is also a “Certified Director” accredited by the Pakistan Institute of Corporate Governance.

Rafique R. Bhimjee

Mr. Rafique R. Bhimjee holds a B.Sc. (Hons) in Management Sciences from the University of Warwick and an MBA in Investment and Finance from Bayes Business School, London. He is a "Certified Director" accredited by the Pakistan Institute of Corporate Governance.

He has worked abroad in Merrill Lynch Asset Management in New York and the Abu Dhabi Investment Authority in the UAE before returning to Pakistan in 1983.

Mr. Rafique Bhimjee was the Chairman of the Board of Directors of EFU General Insurance Ltd. from February 1999 to July 2011. He assumed the role of Chairman at EFU Life Assurance Ltd. in July 2011. He is also a director of EFU Services (Pvt.) Ltd. and International Foundation & Garments (Pak) (Pvt.) Limited.

Taher Ghulamhusein Sachak

Mr. Taher G. Sachak 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 1993 to join EFU Life.

He served as a Director of EFU General Insurance from February 1999 to July 2026. He also served as the Chief Executive and Managing Director of EFU Life Assurance Limited from November 1993 to July 2023. He currently serves as the Vice Chairman of EFU Life Assurance Limited. He is also a “Certified Director” accredited by the Pakistan Institute of Corporate Governance.

Mohammed Ali Ahmed

Mr. Mohammed Ali Ahmed is the MD & CEO of EFU Life, bringing over three decades of professional experience in the insurance industry, including eight years with the public sector insurer. He is an Actuary by qualification and a Certified Director from The Institute of Chartered Accountants of Pakistan.

Prior to being appointed as CEO, Ali was the Chief Strategy Officer at EFU Life. In the earlier part of his career, he started as a trainee, and over the last three decades has risen through the ranks to reach an executive management level. Over the years, Ali has been directly responsible for driving product innovation, investment fund management, distribution channels, growth segments and brand development, while also shaping and implementing the company’s long-term strategy with the Board. Ali is an advocate for financial inclusion and is a regular speaker at local and international forums on leadership, diversity and inclusivity, technology shifts, distribution and market outreach, and change management as well as topics on social and economic development.

Saifuddin N. Zoomkawala

Mr. Saifuddin N. Zoomkawala has been associated with EFU Group since 1964. He served as Managing Director of EFU

General Insurance Ltd, from 1990 till 2011 when he was elected Chairman of the Company. He was also Chairman of EFU Life Assurance Ltd, from 1999 to 2011. He is also on the Board of Fakhr-e-Imdad Foundation.

Suleman Lalani

Mr. Suleman Lalani is presently the Group President of Jahangir Siddiqui & Co. Limited ("JSCL") and also the Chairman of the Board of Directors of JS Investments Limited.

Before his elevation to the position of Group President, he was serving as Vice Chairman of JSCL. Mr. Lalani has also served JSCL as its Chief Executive Officer for more than a decade. Prior to joining JSCL, he has served in the capacities of the Executive Director Finance & Operations and Company Secretary and Chief Financial Officer and Company Secretary for seven years, in JS Investments Limited.

Mr. Lalani started his career with JSCL in 1992, where he worked for over eight years. In 2000, he was promoted to the position of Chief Operating Officer of Jahangir Siddiqui Investment Bank Limited, a subsidiary of JSCL. In January 2002, he joined The First Microfinance Bank Limited as its Chief Financial Officer and Company Secretary where he worked for three years.

Mr. Lalani is a Fellow member of the Institute of Chartered Accountants of Pakistan and has over 30 years of experience in the financial services sector. He has also completed the Board Development Series Certificate Program conducted by the Pakistan Institute of Corporate Governance.

Other directorships include Jahangir Siddiqui & Co. Ltd., JS Investments Limited, Banklslami Pakistan Limited, Al-Abbas Sugar Mills Limited, TRG Pakistan Limited, JS International Limited, Mahvash & Jahangir Siddiqui Foundation, Knowledge Platform (Private) Limited, JS Petroleum Limited, EFU Life Assurance Limited, EFU General Insurance Limited, EFU Services (Private) Limited.

Asad Nasir

Mr. Nasir is the present Chief Executive Officer of Jahangir Siddiqui & Co Ltd. (“JSCL”)

Mr. Nasir overall has more than 20 years of diversified financial services experience including Private Equity, Corporate Finance Advisory, Capital Market Advisory, Transaction Services and Audit. Prior to joining JSCL, Mr. Nasir was Group Head, Ecosystem Development and Sustainable Finance at JS Bank Limited where he had been overseeing a number of strategic projects in the digital banking and green financial services space. Before that he had served as the Chief Investment Officer for JS Private Equity and the Pakistan Catalyst Fund, a USD 50 million private equity fund which included USAID in its investors. He had also served as Head, Corporate Finance at JS Global Capital, a leading Pakistani securities brokerage and investment banking firm where he had advised some of Pakistan’s leading companies on fundraising, mergers and acquisitions and corporate restructurings. Mr. Nasir had commenced his professional career with Deloitte UK, working as part of the audit & assurance and corporate finance teams.

He is an FCA with the Institute of Chartered Accountant in England and Wales and holds a BSc. (Hons.) in Accounting from the University of Hull.

Other Directorships:

Jahangir Siddiqui & Co. Ltd., TRG Pakistan Limited, JS International Limited, Mahvash & Jahangir Siddiqui Foundation, Knowledge Platform (Private) Limited, JS Petroleum Limited, EFU Life Assurance Limited, EFU General Insurance Limited, EFU Services (Private) Limited, Decibel BPO (Private) Limited.

Daanish Bhimjee

Mr. Daanish Bhimjee is a seasoned professional with over 20 years of experience in the finance sector. He currently serves as a Managing Director at Barclays Investment Bank in London. Prior to Barclays, he has held significant roles at Rothschild and Standard Chartered Bank Throughout his career, Daanish has provided expert advice to senior management and boards of large, global companies, focusing on mergers and acquisitions, strategic planning, and capital raising to drive growth and value creation. Daanish is a Chartered Accountant, accredited by the Institute of Chartered Accountants in England and Wales. He earned his degree in Economics from the University of Cambridge.

Farhana Mowjee Khan

Mrs. Farhana Mowjee Khan, Director of Razaque Steels (Private) Limited, has over 35 years’ experience in the local and international environment. She has also served as Managing Director of Razaque Steels (Private) Limited from 1994 to 2006 and from 2024 to the present time. She graduated from University College London, UK and is a qualified Chartered Accountant from Institute of Chartered Accountants in England and Wales, UK. Mrs. Farhana Mowjee Khan is also a director of Bank Al Habib Limited and of Shabbir Tiles and Ceramics Limited.

Ruhail Muhammad

Mr. Ruhail Muhammad brings over 40 years of leadership experience in general management, strategy, financial planning, business development, and people development across diverse sectors, including chemicals and energy.

He currently serves as the Chief Executive Officer of Lucky Electric Power Company Limited, a 660 MW power plant subsidiary of Lucky Cement. Previously, he served as the Chief Executive Officer of Hub Power Holdings Ltd., a subsidiary of HUBCO, where he led the company's growth portfolio, including acquisitions, project financing, and financial restructuring initiatives. Prior to joining HUBCO, he served as the Chief Executive Officer of Engro Fertilizers from 2012 to 2018.

Over the course of his career, he has served on the boards of several leading organizations, including Engro Corporation and its subsidiaries, K-Electric, NBP Funds, Pakistan Institute of Corporate Governance, British Overseas School, KP Energy Board (PEDO), and as Chairman of Pakistan Mercantile Exchange Limited.

He presently serves as Chairman of Pakistan Stock Exchange and is a board member of Lucky Electric Power Company Limited, other Lucky Group entities, Dawood Lawrencepur Limited, NOWPDP, EFU Life Assurance Ltd., and Karachi Education Initiative (KSBL).

Mr. Ruhail Muhammad is a CFA Charter holder and holds an MBA from the Institute of Business Administration, Pakistan. He has also attended the Advanced Management Program at INSEAD and an Agri-Business certification from Harvard Business School.

Ahsen Ahmed

Ahsen Ahmed has been working in the textile sector for over 15 years. He has developed and researched new components for textile auxiliaries. He has also developed multiple performance filament yarns for specialized applications. He has also contributed in the export-oriented textile sector by setting up the weaving industry and buying house for denim garment for the purpose of export.

He has a degree in Economics from Denison University, Granville, Ohio. Currently, he holds directorship in Abid Industries and Sind Industries since 2003. In addition to that, he is also a director in Denim Dynamics from 2017.

He has served in the board of Machinery Equipment Ltd. also from 2003 to 2013; JS Global Capital Ltd. from 2006 to 2012 and JSIL from 2013 to 2019.

Syed Saad Salman

Saad began his career as an Analyst at Citibank, before moving to the Corporate & Investment Banking Division of Allied Bank Limited (ABL). He later transitioned into entrepreneurship and private investment, becoming an investor in and subsequently Chief Executive Officer of Falcon-I (Pvt.) Limited, Pakistan’s largest IoT-based fleet management and telematics company. Under his leadership, Falcon-I scaled from an early-stage startup into an industry leader serving major corporate and public-sector clients.

Saad focuses on export-oriented, technology-driven investments with strong sustainability and climate impact and serves on the boards of Vlektra, BioMasdar, and DeliveryDevs. He has also led a pioneering data-driven emissions-reduction research initiative in collaboration with the University of Chicago, supported by the International Growth Centre at the London School of Economics, with additional academic input from the University of Oxford under UK FCDO-funded programs.

Saad holds a BA (Hons) in Accounting and Finance from Durham University (UK). He has undertaken MBA studies at the University of Oxford and Executive Education at IMD (Switzerland). He is associated with the CFA Program (Level II), Certified from CSC (Canada) and Certified Director from Pakistan Institute of Corporate Governance.