Mr. Farhan Akhtar Faridi assigned to Head Life Insurance Business Development in Africa
April 21, 2012Jubilee Life, Pakistan’s fastest growing life insurance company proudly announces the secondment of Mr. Farhan A. Faridi, the Head of Bancassurance from Jubilee Life (Pakistan) to head the Life Business of Jubilee Insurance Company in Kenya. His additional responsibilities include developing Bancassurance business in Uganda, Tanzania, Burundi and Mauritius.
Mr. Faridi holds vast working experience spanning over 18 years in both life insurance and banking sectors in Pakistan. His core expertise include launching successful Bancassurance partnerships with specialties in sales & distribution, product development & management, business development, relationship management, training and human resource development. During his stint at Jubilee Life (Pakistan), Mr. Faridi , as the Head of Bancassurance played an instrumental role in not only pioneering Bancassurance setup in the Pakistani insurance industry but also led Jubilee Life(Pakistan) to become the market leader in Bancassurance business.
Announcing this new appointment, the MD & CEO of Jubilee Life (Pakistan), Mr. Javed Ahmed congratulated Mr. Faridi and said: “Farhan is a highly experienced senior insurance professional. His rich experience and passion towards life insurance has already made a significant and highly valued contribution towards the growth and success of Jubilee Life in Pakistan. I am delighted to have him seconded to lead Life Business in Africa through different distribution channels – Direct Sales, Bancassurance and Corporate Insurance along with developing the Bancassurance setup in Uganda. Indeed with his untiring efforts, dedication and passion he will prove to be a valuable asset for our global businesses in the East African markets.”
Accepting his secondment, Mr. Faridi said: “In performing my role as Head of Bancassurance in Jubilee Life (Pakistan), I have had the honor of leading a team that endlessly contributed towards the growth and success of Jubilee Life and enabled the company to secure its position as Pakistan’s fastest and most trusted brand in the life insurance industry. I am now excited to accept this new and challenging role to further develop Jubilee Insurance’s life business in East Africa by implementing best practices that have been the corner stone of success in Pakistan while adapting innovative Life Insurance solutions that are best suited for African markets.
