Karachi: EFU Life Assurance Limited, leading private sector life insurance provider in the country, has been honored with 'Certificate of Excellence' by Management Association of Pakistan (MAP) in the category of Commercial Banks & Insurance Sector. The award was presented during the ceremony of 31 Corporate Excellence Awards 2015 held recently in Karachi. Mr. Mohammed Ali Ahmed, Chief Strategy Officer, EFU Life Assurance Ltd., received the award on behalf of the company. The award seeks to recognize and reward the best managed companies in Pakistan.
EFU Life has been recognized for demonstrating exemplary standards of management practices for the seventh consecutive time. The award reflects the company's outstanding performance and continuous progress in areas of Strategic Planning, Leadership, Social Responsibility, Corporate Governance, Customer & Market Focus, Human Resource, Operations and Information Management.
The Corporate Excellence Award was instituted by MAP in 1982 with the sole aim to recognize and honor companies showing outstanding performance and demonstrating progress and enlightened management practices.