Governance

Jubilee Life is registered and supervised by The Securities and Exchange Commission of Pakistan. In line with the Code of Corporate Governance for Insurance Companies, Jubilee Life has established Board level committees for various key functions. In addition to external auditors, the company has a fully functional Internal Audit Department headed by a qualified Chartered Accountant. Jubilee Life has also appointed an independent Actuary, who reviews and submits a ‘Financial Conditions Report’ on a regular basis to Regulators.

Following the highest standards of Corporate Governance, ethics and good business practices is an integral part of the Company’s Code of Conduct approved by the Board. The Code of Conduct, Corporate Strategy, Vision, Mission, and Core Values have been adopted by the Board.

Board of Directors

Auditors

KPMG Taseer Hadi & Co.

Chartered Accountants

Sheikh Sultan Trust Building No. 2,

Beaumont Road,

Karachi, 75530 Pakistan.

Telephone: +92 (21) 37131900, Fax +92 (21) 35685095

Disclosure of significant policies

• Code of Conduct & Business Ethics
• Corporate Social Responsibility and Donation Policy
• Whistle Blowing Policy
• Risk Management Policy
• Communication and Disclosure Policy
• Key Elements of the Directors’ Remuneration Policy

Legal Advisor

Kabraji & Talibuddin

Advocates & Legal Counsellors, 406-407, 4th Floor, The Plaza at Do Talwar, Block 9, Clifton, Karachi-75600

Tel: (0092) (21) 35838871-6 Fax :(0092) (21)35838879