EFU Life and CDC Pakistan sign Memorandum of Understanding
Continuing our long standing tradition of collaborating with the corporate community for better access to markets and customers, Central Depository Company of Pakistan Limited (CDC) has signed a Memorandum of Understanding with EFU Life Assurance Limited. This collaboration will be the first of its kind where insurance solutions will be offered to CDC customers and simultaneously CDC can increase its outreach by utilizing EFU Life’s branch network. This endeavour will help expand CDC’s outreach and ultimately facilitate customers in several cities across Pakistan.
The MoU signing ceremony for this initiative was held at CDC House Karachi in presence of senior officials from both organizations including Taher G. Sachak, CEO & MD EFU Life and Muhammad Hanif Jakhura, CEO-CDC. This joint endeavour marks the beginning of a strategically beneficial partnership between CDC and EFU which will yield returns not just for the two institutions but to the external community at large.