JUBILEE LIFE INSURANCE WINS PSX TOP 25 COMPANIES AWARDSeptember 20, 2016
Karachi, September 19, 2016: Jubilee Life Insurance, the leading private sector life insurance provider in the country, has been awarded by the Pakistan Stock Exchange (PSX) with an award for one of the Top 25 Companies of the Corporate World in Pakistan for 2014.
The prestigious award was received on behalf of Jubilee Life Insurance Company Limited by their Chief Financial Officer, Ms. Lilly R. Dossabhoy, from the Honorable Prime Minister of the Islamic Republic of Pakistan, Mr. Muhammad Nawaz Sharif at a ceremony, organized by the Pakistan Stock Exchange (PSX).
Talking about this achievement, Javed Ahmed, CEO & MD of Jubilee Life Insurance said, “Sound financial management and good corporate governance are the hallmarks of Jubilee Life operations and it is an honour that our efforts in these important areas have been acknowledged by the Pakistan Stock Exchange.”
The Award is in recognition of the outstanding performance of those listed companies assessed by the PSX as the scions of Pakistan’s industrial, financial and service sectors. The assessment by PSX is based on a stringent criteria covering excellent performance in corporate profitability, sharing of profits with shareholders, and adherence to the principles of good corporate governance set by the PSX.
Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.