Pakistan’s Ayla Majid elected vice president of ACCA

Joseph Owolabi was confirmed in his new role at the annual council meeting after ACCA’s Annual General Meeting (AGM) on 10 November 2022. Ronnie Patton, formerly senior lecturer at Ulster University, Northern Ireland, was appointed deputy president and Ayla Majid from Pakistan, founder and CEO of Planetive – a clean energy and sustainability advisory practice – became vice president.

Ayla Majid joined ACCA in 2006 and has been serving on ACCA’s since 2014. She is the first person from Pakistan and South Asia to be elected the global vice president in a 118-year history of ACCA. 

Ayla is an international speaker and is a strong advocate of sustainability and energy transition; takes part in contributing to important themes: Digital Transformation, Climate Finance, Future of Work, Future of Energy and Sustainable Infrastructure. She sits on the Boards of various public and private entities in Pakistan in the areas of energy, pharmaceutical and not for profit sectors. In her various roles she focuses and advises on the adoption of the SDGs across different industries. Ayla is Eisenhower Fellow, and is a Young Global Leader of the World Economic Forum. She sits on the Global Future Council of Energy Transition of the World Economic Forum.

Ayla Majid shared her views by saying; “being a finance professional has equipped me with the tools and connected me with people who are working towards creating action-oriented solutions for a sustainable world”.

For Ayla promoting the role of women in governance is something she is very passionate about and she said; “it is the need of today’s forward-looking organization”. Ayla is a champion of board diversity and actively engages in promoting women on boards. She was the first female to sit on the board of any stock exchange in Pakistan. Thanks to pioneers like her, the influence and impact of women is changing the face of Pakistan.

Ayla is also proud that ACCA plays a major role in offering young Pakistanis a promising career path full of growth and opportunities while creating a positive global impact, she said; “ACCA is a wonderful qualification, with high quality standards, up to speed with addressing global needs and provides flexibility, and therefore fits really well with the requirements of a diverse audience. It’s particularly a very attractive career choice for women in all parts of the world including developing countries”.

The newly elected ACCA president, Joseph Owolabi, grew up and studied in Nigeria, has lived and worked in Africa, North America and the UK, and now is an adoptive Australian. He will bring his knowledge of being a global citizen to his time as ACCA president and will draw on his experience of finding a home and a family with ACCA wherever he has lived and worked.

He became an ACCA member in 2011 and has served on ACCA’s International Assembly 2014-2015 and has been an ACCA Council member since 2015.

Joseph said; “If you had told me as a child growing up that I would one day be the first African leading the largest, truly global accounting body, I would not have believed you. ACCA is an inclusive open and global community for members, future members and partners. Wherever in the world I have found myself, ACCA has given me a home and a family”.

He added; “I am passionate about connecting our community and inspiring the accountants of tomorrow. Great things happen when we collaborate across jurisdictions and national divides”.

He further added; “the challenges of today and the complexities of tomorrow will demand continuous learning, courage, sound judgment and a resolve to stay ahead of the curve. The accountancy profession has a key role to play in creating a better world”.

Joseph brings a wealth of experience to the role. He is founder of Rubicola which works in Australia, Africa and North America advising clients on risk, non-financial reporting and sustainable business strategies. His previous experience includes roles at Deloitte, EY and PwC.

TPL LIFE’s – ‘life made easy’ has made life much easier.

TPL Life Insurance, the pioneers of digital insurance is always a step ahead with their innovative products. TPL Life arranged a bloggers meet-up at the upscale ‘Dialogue’ restaurant at Bukhari Commercial to brief about their upcoming and existing products. Humayoon Asghar, Head of Strategy at TPL Life Insurance shared his experience with the bloggers present and explained how TPL Life provides the easiest digital platform to buy health and life insurance in Pakistan.

Some of the points that were shared by Humayoon Asghar Head of Strategy at TPL Life Insurance informed were; “TPL Life is the largest retail provider of health insurance in Pakistan”. He further said that; “there are 09 insurance (life insurance) companies in Pakistan, one in public sector and remaining 08 in private sector and Pakistan has 0.6% penetration of insurance companies out of which TPL Life Insurance has a market share of 0.2%.”

Humayoon Asghar stressed on point that; “we (TPL Life Insurance) want to be the easiest company to deal with and we would want to penetrate the market via digitalized way rather than the conventional way which is at times very long and complicated. We want to go paperless, where our customers can go about their way via their cell-phones, lap-tops, tablets or personal computers.”

Punch line from Humayoon Asghar was that; “TPL Life is only company which offers 100% discounts on their products and for any further details on it, please feel free to contact us our sales team.”

Excerpts from the presentation by Humayoon Asghar are;

TPL Life Insurance takes pride in being the ‘easiest company to deal with’ and offer an array of life and health insurance products, along with exceptional customer service to ensure that Life is made easy and secure for our customers and at the same time helps them to prepare for any and all unforeseen events in the future.

TPL Life is a fully fledged life & health insurance provider and offers an array of insurance solutions catering to the needs of individuals & corporates. Our insurance solutions consist of an array of Savings and Investment based Insurance Plans, Health Insurance Plans, Instant Insurance Plans, and never offered before end to end Digital Insurance Plans that can be purchased online.

Savings & Investments Based Insurance Plans includes a suite of Unit Linked Savings & Insurance Plans that allows our customers to enjoy never offered before Product Features along with planning for their families and their long term future. These plans range from Short to Long Term i.e. with Plan tenures ranging from 1 year to 25 years or more and can be availed as a savings and security avenue for attaining financial goals and also securing the future of loved ones.

Instant Insurance includes a range of uniquely designed scratch card based Instant Insurance Products that are both lucrative for the customers, short term and highly affordable. These plans have been introduced to ensure that quality protection is provided to all Pakistanis – that too at an affordable price. These products offer various protection and financial assistance features for the customers – which include, daily cash assistance of PKR 10,000/5,000, lump sum payment of PKR 500,000 to surviving family and Cashless Medical Assistance up to PKR 50,000 in case of accidents.

Digital Products includes a range of Health Insurance & Instant Insurance Products that can be bought end to end digitally via TPL Life’s Mobile App and Website.

In addition to Instant Insurance products mentioned above, other exclusive products include insurance plans that offer financial assistance in case of mosquito & water borne illnesses which is the need of the hour for the people of the country due to prevailing water based epidemics and mosquito borne viruses.

The TPL Life’s Life Lounge is an exclusive flagship and healthcare service at OMI and Zia-ud-din Hospital (Clifton) for customers. This includes, 24/7 access to facilitation by the TPL Life Attendant, quality insurance advisory services through the company’s insurance expert, information regarding health, savings and life insurance plans and appointment alerts and a concierge service for refreshments.

TPL Life’s OPD Sahulat is a platform that allows an Insured Customer to enjoy the benefits of the Out-Patient (OPD) facility via a robust digital process which includes cashless access to Consultants & Doctors via online video, home delivery of prescribed medicines, lab tests and a complete control of one’s medical records all in one place.

Micro Insurance Products the Company has also partnered with some of Pakistan’s major micro finance banks to offer exclusively tailor made micro insurance products for the micro segment of the economy.

TPL Life’s E-Bazaar a first of its kind Insurance E-Bazaar that enables customers to purchase a diversified range of Insurance Products online.

TPL Life’s mobile application. TPL Life also has a user friendly mobile app through which you can securely access your account at your convenience to follow policy details, find discount offerings and much more, while you can also lodge claims via Whatsapp.

TPL Life’s Muavin (assistant) is a first of its kind virtual agent portal that gives an opportunity to the people of the country to create for themselves an alternate stream of income. This is an online facility and allows people to learn from the comfort of their homes, at their own timings &pace and become a certified TPL Life Muavin. TPL Life Muavin is not gender specific, any male or female belonging to any walk of life can become a TPL Life Muavin, learn for free and earn. This platform is ideal for students, homemakers and housewives, currently employed individuals, businessmen and entrepreneurs who are interested in earning more and creating for themselves an alternate stream of income.

 

Dr. Muhammad Adnan Qadir, Head of operations also answered questions by bloggers present at the meet-up.

TPL-Life-provides-fully-fledged-life-health-insurance
TPL Life Insurance’s Core Team at Dialogue.