Tag: Pak Qatar Family Takaful

Pak-Qatar Family Takaful (PQFTL) Signed MOU with Sehat Kahani

Karachi, June 21, 2022: Pak-Qatar Family Takaful Limited (PQFTL) came into an MOU with Sehat Kahani, to promote Takaful products through the digital medium. Sehat Kahani and PQFTL aim to make Takaful products, affordable, and accessible for the major part of the population currently not being served.

Mr. Azeem Iqbal Pirani (CEO, PQFTL), Dr. Sara Saeed Khurram (CEO, Sehat Kahani), Mr. Zeeshan Haider (Head of Alternate distribution & Banca Takaful) and Dr. Iffat Zafar (COO, Sehat Kahani) signed the MOU along with senior officials of both companies.

On the occasion, Mr. Azeem Iqbal Pirani (CEO, PQFTL) said “We are delighted to sign MOU with Sehat Kahani as this will benefit customers from choosing quality healthcare services for the low-income population of Pakistan. The world is moving towards digital medium and partnership with Sehat Kahani will further enhance our reach and help us spread awareness about Takaful products.”

Dr. Sara Saeed Khurram (CEO, Sehat Kahani) said, “Sehat Kahani’s mobile and web-based application is a holistic digital health solution that enables individuals to access primary and secondary healthcare services online without the hassle of waiting for long hours at a physical healthcare facility. That’s why we are one-stop solution for all your health problems.” She further said Pak-Qatar Takaful is the leading Takaful coverage provider in Pakistan and a trustworthy name for settling claims against losses. We are glad that our customers will be able to avail Takaful coverage on real-time basis. I am quite hopeful that this new strategic partnership will bring fruitful results in the near future.

CDC ITMinds Limited signs an agreement with Pak Qatar Asset Management Company Limited and Pak Qatar Family Takaful Limited for Back Office service provisioning

Karachi, June 6, 2022: ITMinds Limited (ITMinds), a wholly owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), has entered into outsourcing arrangement with Pak Qatar Asset Management Company Limited (PQAMCL) & Pak Qatar Family Takaful Limited (PQFTL) to provide Back Office Accounting Services to PQAMCL & PQFTL. The agreements were signed by Mr. Farhan Shaukat CEO-PQAMCL, Mr. Ahsan Qureshi CFO-PQFTL with Mr. Iqleem-uz-Zaman Khan CEO-ITMinds in the presence of Mr. Badiuddin Akber Director-ITMinds & CEO-CDCPL.

 

Through this arrangement, ITMinds will facilitate PQAMCL and PQFTL in concentrating on their core business activities, i.e. managing investors’ money and savings, by relieving them from various non-core  critical  back office functions like accounting services,   Settlement of portfolios, Unit management related activities, Funds NAV calculation, Facilitation for Compliance/ Reporting, Information Security, Business Continuity and IT arrangements.

 

Commenting on the occasion, Mr. Farhan Shaukat, CEO-PQAMCL, said that this arrangement will enable PQAMCL to concentrate on its core business of managing investors’ funds while outsourcing the back office functions to a Professional Fund Administrator. Also commenting on the occasion, Mr. Badiuddin Akber, Director ITMinds & CEO-CDCPL, said that the concept of outsourcing non-core critical business activities has proved to be efficient and cost-effective in today’s business world. Hence, we have commissioned ITMinds with this aim to enable AMCs and other organizations to outsource their back office functions to a competent and reliable BPO partner, thus facilitating them to augment the focus of their management on the core business which is more integral to their commercial success while achieving efficiency, scalability & transparency of processes. Mr. Iqleem-uz-Zaman Khan CEO-ITMinds highlighted that as of 31st May 2022, ITMinds has 8 active clients leveraging economies of scale with ITMinds BPO services, while more clients are also in the pipeline. At the ceremony Mr. Waqas Ashraf, CFO- ITMinds and others senior members of the Companies were also present.

Exit mobile version