PR No. 141 Islamabad: August 23, 2019

Adviser to Prime Minister on Commerce, Textile, Industry & Production and Investment Mr. Abdul Razak Dawood chaired a meeting on the performance of State Life. The Chairman State Life Mr. Farrukh Ahmad Hamidi, Executive Director Mushtaq Ahmed Mehar, Executive Director Marketing Muhammad Izqar Khan briefed the Advisor on various challenges, issues confronted by State Life and their solutions. SLIC management apprised the Advisor about the situation arising after the upgradation of Sales Officer cadre as Sales Manager and the steps taken to motivate the marketing force. The Advisor was also briefed about the recent MOUs signed with leading banks to provide insurance through these Banks. Furthermore, the management presented its plan to launch Takkaful for next month and to use modern e insurance techniques to attract and facilitate SLIC customers. The Advisor appreciated the efforts of SLIC Management for providing insurance coverage to all sections of the society all over the country, however the Advisor highlighted the need for more efficient use of existing resources to improve the performance of SLIC. He was hopeful that SLIC would continue to be the leader in the insurance industry. ***

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