EFU Life Assurance Ltd., a leading provider of Life, Takaful, and Health insurance in Pakistan, has been honored with ‘Certificate of Merit’ for Best Presented Annual Report 2023 in the category of ‘Life Insurance’ by South Asian Federation of Accountants (SAFA). Mr. Shahid Abbas, Chief Financial Officer & Senior Executive Director of EFU Life Assurance Ltd., received the award on behalf of the Company. The awards ceremony was recently held at Hotel Cinnamon Lakeside in Colombo, the capital of Sri Lanka, on November 11, 2024.
The awards were conferred on the basis of Improvement in Transparency, Accountability & Governance pertaining to annual reports of organizations from South Asian countries.
SAFA was formed in the year 1984 to serve the accountancy profession in the South Asian Region and uphold its eminence in the world of accountancy. SAFA as an IFAC network Partner represents over 3,75,000 accountants having membership of the national chartered accountancy and cost and management accountancy institutions in the South Asian countries namely Bangladesh, India, Maldives, Nepal, Pakistan, Sri Lanka, and Afghanistan.