EFU Life Assurance Limited and Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding to mutually benefit each other by providing differentiated services to their customer base.
CDC is the only depositary in Pakistan, while EFU Life is a life insurance provider in the country. The signing ceremony was held at CDC House Karachi in the presence of senior officials from both organisations including EFU Life Chief Executive Officer (CEO) Taher G Sachak and Executive Director Mohammed Ali Ahmed. CDC was represented at the session by CEO-CDC Muhammad Hanif Jakhura, CFO and Company Secretary Fazal Hussain Gaffoor.
Published in The Express Tribune, December 16th, 2014.
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