EFU Life Assurance Ltd
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.
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EFU Life Assurance Ltd
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EFU Life Assurance Limited is a Pakistan-based company engaged in life insurance business, including ordinary life business, pension fund business, and accident and health business. The Company operates through four segments: investment linked business, conventional business, pension business, and accident and health business. The Company's investment linked business includes individual life business. The conventional business includes group life and individual life businesses. The Company's accident and health products consist of long term and short term accident and health products providing cover against accidental death, disability, sickness and critical illness, offered both as long term, as well as yearly renewable plans. In addition, the Company offers various supplementary benefits attached with main plans, including additional term life assurance, income benefits, critical illness, sickness and accidental death, and disability related benefits.