Habib Metro Bank & Adamjee Life Assurance Ltd. enter into Strategic Partnership

September 11, 2020

Left to Right (Standing)
M. Jawed Munshi (Zonal Head – HMB), Sarah Irfan (Wealth & Segments Head – HMB), Asim Raja (Head of Banca – Adamjee Life), Ali Haider (GM Business Distribution – Adamjee Life), M. Ali Zeb (MD & CEO – Adamjee Insurance), Sheeza Ahmed (Head of Corporate Communications- HMB)

Left to Right (Sitting)
Jalal Meghani (DMD – Adamjee Life), Mian Mohammad Mansha (Chairman – Nishat Group), Mohsin Ali Nathani (President & CEO – HMB), Ahmed Shah Durrani (Head Retail Bank – HMB)

Karachi, September 11, 2020: Habib Metropolitan Bank Limited and Adamjee Life Assurance Company Limited have entered into a strategic alliance for the promotion of Bancassurance products. This alliance aims to enhance HABIB METRO Bank’s bancassurance product offering in its efforts to deliver an unparalleled level of customer service. Mian Mohammad Mansha, Chairman Nishat Group and Mr. Mohsin Ali Nathani, President and CEO, HABIB METRO Bank along with other senior representatives of the two organizations attended the signing ceremony.

This strategic alliance is expected to play a vital role in enhancing the availability of customer-centric financial solutions to the Bank’s clientele. Through this alliance, the Bank’s customers will benefit from integrated banking and protection solutions for a best-in-industry customer experience.

Speaking at the occasion, Mian Mohammad Mansha, Chairman Nishat Group said, “Adamjee Life has always been active in developing new & improved methods of business through constant research & development; processes that help us create customer convenience and accessibility. Bancassurance has always been an excellent catalyst for making a variety of insurance products easily accessible to a vast customer base. I am confident that our partnership with HABIB METRO Bank will further strengthen our distribution channels and allow us to provide customers with the best insurance solutions for their needs.”

Also commenting at the event, President and CEO of HABIBMETRO Bank Mr. Mohsin Ali Nathani emphasized on the role that this strategic alliance will play in broadening the range of financial solutions that the Bank offers its customers for a financially secure future. He also said, “We are pleased to partner with Adamjee Life – one of the leading life insurance companies in Pakistan. This is another step towards expanding our product portfolio to better cater to the broader financial needs of HABIB METRO Bank’s customers. With continued support of our business partners, we hope to add maximum value to our customers’ wealth management solutions.”

About HABIB METRO Bank
HABIB METRO Bank currently operates with an expanding nationwide network of over 400 branches in more than 135 cities across Pakistan.

About Adamjee Life Assurance Ltd.
Adamjee Life Assurance Ltd is a subsidiary of one of the largest general insurance companies in Pakistan; Adamjee Insurance Company Ltd. It is also backed by Nishat Group, which is one of the leading and most diversified business groups in South East Asia with fixed/current assets of over Rs. 825 billion (US$ 5 billion), and it ranks as the top business house of Pakistan. The group has strong presence in three most important business sectors of the region namely Textiles, Cement, Banking and other Financial Services.

Adamjee Life is a digitally efficient and growth driven company, with passion for service. Its customer centric approach makes it an ambition to always provide top of the line, innovative products and unmatched services to customers.