HASANALI ABDULLAH (Chairman of Insurance Association of Pakistan)
Mr. Hasanali Abdullah is a Chartered Accountant by profession.
He joined EFU in June 79 He is presently Joint Managing Director of the Company
and member of the Board of Directors since July 1996. He is also Director of
other companies of the group i.e. EFU Life Assurance Ltd. and Allianz EFU Health
Insurance Ltd.
He oversees the Finance, Corporate matters, taxation and investments of the
group companies. He has attended various courses and seminars on finance, taxation,
corporate law, information technology, insurance and takaful etc. within and
outside Pakistan.
In addition to the Directorship of EFU Group companies he is Director of Tourism
Promotion Services (Pakistan) Ltd. owner of Serena Hotels in Pakistan, Honorary
Treasurer of Aga Khan Hospital & Medical College Foundation and member of
the National Committee of Pakistan of Aga Khan University Foundation, Geneva.
He was member of the Taxation sub-committee of Insurance Association of Pakistan
for past many years.
He has recently been elected Chairman of Insurance Association of Pakistan.
Insurance is a risk transfer mechanism. It’s a method of shifting the responsibility for losses to specialists (insurance companies) who handle the risk by spreading it over a large number of people or firms.
