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Concept Of Change And Leadership In Efu

CONCEPTS OF CHANGE AND LEADERSHIP IN EFU GENERAL INSURANCE LIMITED

INTRODUCTION
Presently EFU is the leading insurance group in Afro-Asia excluding Japan, providing a full range of insurance services. This includes life, health and general insurance. A pillar of EFU's strength lies in its close and long-term (over 50 years) relationship with its main reinsurer, Munich Re of Germany, largest reinsurance companies in the world.
HISTORY OF LEADERSHIP & CHANGE IN EFU
From 1988 to 1996, EFU was under leadership of Saif Kalani, chairman of EFU. Leadership approach of Mr. Kalani was much directive (Leader-centric), at that time there was no concept of Emergence approach; environment wasn’t complex at that time. And all the major decisions including finance, management, and marketing were taken by Mr. Kalani (top management). During this time, Company was normal success. He retired in 1996, and there comes the new chairman, Umair Memon, who was a retired army officer, who was having......


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Approximate Word Count: 1115
Approximate Pages: 5 (250 words per double-spaced page)

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