ISLAMABAD: EFU Life Assurance Limited announced the election of its Board of Directors following an Extraordinary General Meeting held on July 9, 2026. The company, a prominent player in the insurance market category, confirmed the appointment of ten directors to serve a three-year term starting July 10, 2026.

The election process was conducted in compliance with section 159(1) of the Companies Act, 2017. As the number of candidates matched the number of available board positions, the listed individuals were automatically elected. The newly appointed directors are Mr. Rafique R. Bhimjee, Mr. Saifuddin N. Zoomkawala, Mr. Taher G. Sachak, Mr. Suleman Lalani, Mr. Asad Nasir, Mrs. Farhana Mowjee Khan, Mr. Daanish Bhimjee, Mr. Ruhail Muhammad, Mr. Ahsen Ahmed, and Mr. Syed Saad Salman.

The election results were part of the ordinary business proceedings during the meeting. The decision was made without contest, ensuring a smooth transition of leadership within the company. According to information available from the Pakistan Stock Exchange (PSX), the announcement comes at a critical time as EFU Life Assurance Limited continues to navigate the evolving financial landscape.

This leadership change at EFU Life Assurance Limited underscores the company's commitment to maintaining robust governance and strategic direction, as it aims to bolster its position in the competitive insurance market.