Karachi: EFU General Insurance Ltd has announced the election of its Board of Directors, set to take place at the upcoming Extraordinary General Meeting on July 9, 2026. The company has disclosed the names of seven individuals who have expressed their intention to stand for election as Directors of the company.

The candidates include Mr. Saifuddin N. Zoomkawala, Mr. Hasanali Abdullah, Mr. Suleman Lalani, Mr. Asad Nasir, Mr. Saad Bhimjee, Mr. Tanveer Sultan Moledina, and Ms. Yasmin Hyder. These individuals have submitted notices to the company, in line with Section 159(4) of the Companies Act, 2017, indicating their desire to serve on the Board.

According to information available from the Pakistan Stock Exchange (PSX), the election process for the EFU General Insurance Ltd board is proceeding smoothly. The number of candidates matches the number of positions available, as determined by the Board under Section 159(1) of the Companies Act, 2017. As a result, the listed individuals will be deemed elected at the forthcoming meeting.

The company's announcement comes as part of routine corporate governance practices, ensuring transparency and compliance with regulatory requirements. The election process is crucial for maintaining the management structure of EFU General Insurance Ltd, an entity operating within the designated market category of insurance services.