First of all, I express my grief and
condolences to the families including
NJI Life policyholders who were victims
of catastrophic earthquake on Saturday,
the 8th October, 2005, leaving thousands
of people killed and injured and millions
homeless in northern Pakistan. I pray
to Allah Almighty to give courage and
fortitude to all of us to bear this irreparable
loss and strength to help each other through
our nation's hour of need.
Secondly, I wish to thank the NJI Life's
Management for reposing confidence in
me and appointing me as Head of Individual
Life Marketing following departure of
Mr. Pervaiz Ahmed. I assure the NJI Life's
Management that I would leave no stone
unturned in discharge of my duties as
Head of Individual Life Marketing to the
best of my abilities. Though I have newly
took over the charge as Head of Individual
Life Marketing, our sales team is familiar
with me as I am not a new entrant, working
in NJI Life for the past 7 years in different
capacities.
This is our 3rd Quarter 2005 Lifetime
Issue. As you are well informed that through
Lifetime, we propose to share our happiness,
joys, achievements and success stories
with our colleagues and it ties all of
us to come closer amongst the various
levels of Sales and Sales Management Staff.
We promote all our groups particularly
in the Branches to contribute ideas, suggestions,
achievements or any event of accomplishment
in their respective areas. The editorial
team of Lifetime would try to incorporate
these in the magazine.
NJI Life is, of course, totally dependent
on the effective Sales & Marketing
team and the credit goes to all my colleagues,
who have put in devotion, hard work and
spurs themselves to meet their consistency
and minimum validation targets in terms
of issued premium and renewals. We have
completed three quarters of year 2005.
The business performance in Individual
Life to-date has shown an upward trend
and this increase is mainly due to introduction
of several new policies. I expect that
last quarter of year 2005 will bring better
results.
I am pleased to inform all our clientele
that unit growth rates of our Managed
Fund, Sarmaya Fund and Pension Fund were
appreciably enhanced during the period
from 01.07.2005 to 30.09.2005. During
this 3 months period, the increase in
unit price of our Managed Fund was 8.61%,
Sarmaya Fund was 18.51% and Pension Fund
was 3.01%. With these increases, our unit
growth rates are now better than any other
insurance company in the country. We are
optimistic about the last quarter's investment
performance and look forward to serving
our clients better.
It gives me immense pleasure to announce
that ----- persons of our Sales Team have
qualified for MDRT-2006. This is a remarkable
achievement for all of them for which
I heartily congratulate them. I hope that
other members of our sales force would
be motivated by these MDRT Qualifiers
and they would try to come ahead and become
the MDRT qualifier in future, themselves.
My best wishes for your future endeavors.
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