Board of Directors

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Rafiq R. Bhimjee

Mr. Rafique R. Bhimjee is B.Sc (Hons) in Management Science, University of Warwick, MBA in Finance from City University, London and a “Certified Director” from Pakistan Institute of Corporate Governance.

He has worked overseas in Merrill Lynch Asset Management, New York and Abu Dhabi Investment Authority.

Mr. Rafique Bhimjee was the Chairman of EFU General Insurance Ltd. from February 1999 to July 2011 and became Chairman of EFU Life Assurance Ltd in July 2011. He is also a Director of Allianz EFU Health Insurance Ltd. and EFU Services (Pvt.) Ltd.

Saifuddin N. Zoomkawala

Mr Saifuddin N. Zoomkawala has been associated with EFU Group since 1964. He served as Managing Director of EFU General Insurance Ltd from 1990 till 2011 when he was elected Chairman of the Company. He is also the Chairman of Allianz EFU Health Insurance Ltd. He was also Chairman of EFU Life Assurance Ltd. from 1999 to 2011.

He is on the Board of Governors of Shaukat Khanum Memorial Trust; SIUT; Burhani Hospital; and Fakhr-e-Imdad Foundation and on the Board of German Pakistan Chamber of Commerce & Industry.

Taher G. Sachak

Mr. Taher G. Sachak has studied in the UK and is a graduate in Business Studies from Bournemouth University, and also has a post-graduate Diploma in Management Studies from Liverpool University. Following his studies, he joined the British Civil Service and after 5 years decided to pursue a career in life assurance. He held executive positions in major UK Life Assurance Companies, Allied Dunbar, Trident Life and finally Century Life before coming to Pakistan in 1994 to join EFU Life.

He is also a Director of EFU General Insurance and Vice Chairman of Allianz EFU Health and on the Executive Committee of Pakistan Insurance Institute and a “Certified Director” from Pakistan Institute of Corporate Governance.

Muneer R. Bhimjee

Mr. Muneer R. Bhimjee,has been associated with EFU since July 1993. He is a Graduate (Hons) in Social Sciences from University of Westminster, London.

He is also a Director of International Foundation Garments (Pak) Pvt. Ltd. and on the board of Allianz EFU Health.

Hasanali Abdullah

Mr. Hasanali Abdullah is Chartered Accountant and “Certified Director” from Pakistan Institute of Corporate Governance (PICG). He has been associated with EFU General Insurance Ltd. since 1979 and is Managing Director & Chief Executive of the company from 2011. He is Director of EFU Life Assurance Ltd., Allianz EFU Health Insurance Ltd., EFU Services (Private) Ltd., Tourism Promotion Services (Pakistan) Limited (owners of Serena Hotels in Pakistan), Honorary Treasurer of Aga Khan Hospital & Medical College Foundation, Member of National Committee of Pakistan Branch of Aga Khan University Foundation Geneva.  Director of Institute of Financial Markets of Pakistan.

He has served on the Boards, Council and Committees of various Aga Khan Development Network institutions from 1976 to 2002.  He has been Director of PICG in 2011, Chairman of Insurance Association of Pakistan for the year 2008, 2010 – 11 and 2016 – 2017, Executive Committee Member of Federation of Pakistan Chambers of Commerce & Industries for 2011 & 2017 and Chairman of Pakistan Insurance Institute 2014 – 15.

Heinz Walter Dollberg

Mr. Heinz Dollberg, based in the Asia Pacific Division of Allianz SE in Munich since 1998, was responsible for managing operations in Asia, the Middle East and North Africa. He frequently travelled between Allianz headquarters in Munich and the subsidiaries to oversee operations.  He has over three decades of experience at Allianz.

In the 1980’s, Mr. Dollberg worked in Tokyo and Hong Kong, and was part of the pioneering team that established the Group’s widespread operations in the Asia Pacific.

Mr. Dollberg holds a degree in Law and holds executive positions with numerous subsidiaries of Allianz. He was appointed, Honorary Professor by two well reputed universities in China — South Western University of Chengdu, as well as the Tongji University of Shanghai.

Syed Salman Rashid

Mr. Syed Salman Rashid has done B.Sc. (Hons) from Karachi University and is a “Certified Director” from Pakistan Institute of Corporate Governance.

He started his career with EFU General Insurance Limited and has been associated with the company for over three decades and serves as Deputy Managing Director in the company.

He has attended international seminars, meetings and conferences in several countries of the world. Parallel to his professional services, he has also served on the Board of JS Investment Bank Limited and is presently on the Board of Power Cement Limited.


Ali Raza Siddiqui

Mr Ali Raza Siddiqui holds Bachelor of Arts Degree from Cornell University, USA with Double majors in Economics and Government. He has also served on the Board of Bank Islami Pakistan Ltd., Pakistan International Containers Terminal Ltd., UG Food Company Pvt. Ltd., R&R Pvt Ltd., Jahangir Siddiqui & Co. Ltd. & JS Investments Ltd.

Presently he is on the Board of EFU General Insurance Ltd., Mahvash and Jahangir Siddiqui Foundation, Pakistan International Bulk Terminal Ltd and & Future Trust. Prior to joining JS Investments Ltd., he was Assistant Vice President of AIM Investments in Houston, a wholly owned subsidiary of INVESCO plc. (formerly known as AMVESCAP plc).

Rukhsana Shah

Rukhsana Shah retired as Federal Secretary, Ministry of Textile Industry after 35 years in government service. In 2015, she set up the Autism Welfare Trust in Lahore, with an office in Karachi, to create awareness about Autism, ADHD and Learning Disabilities in Pakistan, and to train parents and teachers of special and mainstream schools in the management of these disabilities.

From January 2016, she served as a nominee director of the Ministry of Finance on the Board of First Women Bank Limited for three years. At present, she is an independent director of Suzuki Motor Company in Pakistan. She completed her Directors’ Training Programme in December 2017 from LUMS.

She is a member of the Child Care Commission set up by the Chief Justice of Lahore High Court, and is on various government and civil society committees relating to Inclusive Education and Rights of Persons with Disabilities.

Rukhsana Shah also writes for Dawn on social and human rights issues.