NJI Newsletter (FORWARD)
 
 Editor’s Note
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 Cover Story

Seeks comments from our Managing Director soon
after the floods in Pakistan

“Pakistan is facing one of the worst and biggest natural disaster of the recent history, UN Secretary General told the 192 member body last Thursday, “Make no mistake, this is a global disaster, a global challenge. It is one of the greatest tests of global solidarity in our times”.

“This on-going flood which is the worst in more than 100 years has resulted in more than 1800 deaths, thousands injured and rendered 15 to 20 million people homeless. Survivors are at the risk of starvation and disease. This means that 10% of our population is out of economy. According to initial estimates total losses could exceed 10% of the GDP or US$ 15bn to US$ 20bn. Consequently, the country will miss both agriculture growth target of 3.8% and the overall GDP growth target of 4.8% this year. Exports could plunge by US$3-4bn i.e. 20% of target and the shortfall in the tax revenues may cause the fiscal deficit to cross 7% of the GDP.

“Agriculture contributes 20% of GDP and more importantly 65% population is engaged in this sector. Damages to major crops like cotton, rice and sugar cane is estimated to be in excess of US$ 5bn. Floods have destroyed 4.25m acres (1.72m hectares). However, the full impact on soil erosion and agriculture (not to forget livestock and horticulture its sub-sectors) can only be assessed once the water recedes around mid-September. Thus the on-going floods have adverse implications for the income of rural population.

“Most of the infra structure including bridges, rail roads, transformers/grid stations, transmission lines and roads which has been washed away was not insured. However, insurance companies are expecting losses for damages to industrial and commercial properties. As of now, most claims have been reported as water has receded from many affected areas. Crop insurance which is less than two years old in Pakistan will take a hit. At this stage, it is difficult to give any estimate of losses in this area also. Things would be clearer by end of October.”

Going an extra mile, to   find the road not crowded

“I am sure each one of you has contributed to the flood relief in your own way but I would like to request that  in each city we form teams and personally go and deliver some relief items to our brethren in need. This will give us a closer sense of participation in their difficulties,” appealed our Managing Director, Mr Tahir Ahmed at Co-ordination Committee Meeting in August.

Next month, at the Eid Milan, he appreciated the spontaneous response throughout NJI to the humanitarian effort, citing that within an hour of his making the request, Lahore branch heads made a six-figure collection and went on to build on it. Teams from all cities where NJI has a presence had presented food parcels to their fellow Pakistanis affected by the worst natural diaster in living memory.

The Managing Director urged on, that going by the scale of devastation, we ought to continue with this relief effort on regular basis. Only then our country can make some economic recovery which in turn will benefit us all.” The leadership had its followers, as can be seen from the pictures and brief accompanying text.

Karachi

“Our mission to do physical relief work took us up the Indus river valley Chaur Jamali, near Sajawal, Thatta. On the way to Chaur Jamali,  we saw reminders of the flood, roads that are broken or missing and fields that had been washed away.  
I certainly did not imagine that so many difficulties would greet us on our  way to the village, but we received immense support from the Pakistan Coast Guard. Without their support it would not have been possible for us to reach at our destination.
I feel hope for the people in these villages whose lives have been devastated by the floods, including mothers who lost their children and elderly Pakistanis who feared they would never be able to rebuild their homes they lost.
I thank you all who donated and supported us in this mission and hope that we are able to, today and tomorrow, be able to do more to help all of the people in need.”  reports SVP-Audit Syed Arsalan Sadiq who lead the team.

Two separate deliveries were made: 400 packages of food and water the first time; next time 260 packages of food and the  effort will continue, InshAllah!

Lahore

“NJI Lahore Zone launched a relief campaign for their flood affected brethren during the Holy month of Ramadan. The idea for fund raising for this noble cause by NJI family all over Pakistan was given by our Managing Director during a Coordination Committee Meeting. While concluding the meeting at Lahore, the Zonal Head Mian Faisal Usman, took the opportunity of a large gathering of Branch Heads of his Zone and requested for their generous financial support. Having an encouraging response from the donors, a  committee comprising of four officers from Lahore Zone was formed on the same day who were able to collect an amount of Rs.366,855/- within a couple of days. The Committee visited a number of Flood Relief Camps of various NGOs but found no match with Pakistan  Army who had a wide range of transportation to deliver relief goods in the remote areas.

A truck loaded with relief items containing food packages for 150 families, medicines and reusable bottles of  mineral water were handed over  to Army Flood Relief Camp based at Fortress Stadium, Lahore for onward delivery to affected areas. The unity and enthusiasm for the activity demonstrated NJI’s slogan – Journey to Growth.” reports our Lahore team.

At time of disaster, all hearts beat as one

Islamabad

Our Islamabad branch formed a team comprising  Azeem-ul-Quder, AVP,  Abid Hussain, AVP and  Amer Sardar, Manager. They distributed food, water and clothes to 300 families in Akora Khattak and Nowshera.  The eager and desperate persons were organised and names of heads of families was listed. Then their names were called out and were handed package for their family.

We give our colleagues at Islambad extra credit for being able to organise the desperate, which those who have experienced such a situation, will confirm is not an easy task. 

Peshawar

“We distributed atta worth Rs 100,000 in remote area of D I Khan to persons with CNICs. Most of the houses in villages are made of mud walls and roof with local shrub called ‘kundre’ and date tree . These were all washed out and people were living in a miserable condition. 

“Most of them do not have any access to drinkig water and use canal water and one can imagine what they drink.

“Balance money we are spending for eye cornea treatment through Lions Club Mehmood Hospital. List of  patients with photographs and ID cards will be assisted and the treatment will be provided only for the people of flood effected area.  I think this help will help them earn their living,” informed Saeed Jan Awan, Branch Head, Peshawar.

Multan

Our colleagues in Multan distributed food items to Khan Bella in the District of  Muzaffar Garh. The actual distribution was done through a relative of our Multan Zonal Head and NJI officers who accompanied him reported that whereas the disaster is on a huge scale, the affected persons are seeking early rescue to enable them stand on their own feet, reported Chaudhary Sardar, Head of Multan Zone.

 

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 Industry News

IAP Election and Annual Dinner

IAP’s newly-elected Executive Committee took office in  October and the annual dinner of the Association was hosted prior to that, by the outgoing committee.

The Executive Committee for 2010-2011  comprises:  Mr. Hasanali Abdullah – Chairman;   Mr Nasar usSamad Qureshi – Vice Chairman ; Capt. Azhar Ehtesham Ahmed;   Mr Ahmed Salahuddin;     Mr. A. Razak Ahmed;   Mr. Fakhir Rahman;  Mr. Jalees Ahmed Siddiqi;  Ms. Zehra Naqvi;  Mr. Atiq Anwar Mahmudi; Mr. Shariq Abdullah;  Syed Kazim Hasan and Mr. Tahir Ahmed – Ex-Officio Member. The members are seen in picture across.

At the annual dinner six veterans of the insurance industry were honoured - one of them posthumously - with a citation and a plaque, presented by IAP Chairman Mr Tahir Ahmed and Vice-Chairman Capt Azhar E Ahmed, as seen in pictures below clockwise from top left: Justice (Retd) Syed Ali Aslam Jafri, who was the Federal Insurance Ombudsman 2006-2010;   Mr Abid Javid Akbar, former Secretary to the Government of Pakistan who was the chief executive of National Insurance Company 2006-2008 and chairman of Pakistan Reinsurance Company  for a short  period;  Mr Samee-ul-Hasan who served State Life for 17 years in different positions, and as its Chairman 2000-2003 and its first Overseas Director; as well as is the partner and chief executive of  Akhtar & Hasan;   Mr Abdur Rahim, who was associated with the insurance industry for 50 years in various capacities and insurance companies;  Mr Sardar Khan who was with the industry for 42 years, retiring as managing director of Universal Insurance. Mr Poonawalla received the trophy in his absence  and   late Abdul Aziz Khadeli who devoted 59 years to the industry. His son  Aamir receiving trophy from  Mr Saifuddin Zookawalla, Chairman, EFU Group. 

 

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 Branch Performance

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 Workshop

Learning Culture

Stress Management

Ms Nausheen Arshad, a psychologist and founder of Neuropsychology Center, Pakistan, was chosen to conduct an in-house session on “Stress Management” on 29th September 2010, and the happy finding was that executives at NJI were in low  to medium stress category,  revealing good work environment and personal competence.

Ms Arshad gave a detailed and learned account on what is stress, what are its manifestations and tips on how one can manage stress.  Her concluding session of deep breathing cum auto-suggestions was most calming and everyone opened his eyes to a more relaxed self.

Nausheen also informed the participants that work-related stress is reduced by assertiveness, communication skills and time management.  Pointing to areas to work on by anyone feeling stress in the workplace.  You may do a Stress Inventory, given on the page across, to find your own level of stress.

Stress Inventory


To complete the inventory, assign a number from zero to five to each of the statement below as
you experience it. Answer honestly so that your score gives you correct indication:
Stress Checklist Items:
• I have a lot of worries at home, at work or both                                                                        ____
• I have too much responsibility                                                                                                     ____
• My family makes too many demands on me                                                                                 ____
• My work situation is unclear; there are too many people to satisfy                                            ____
• I do not have enough time for leisure or taking care of personal needs                                     ____
• There is a great deal of time pressure at work                                                                            ____
• I have difficulty expressing how I feel about situation or people                                                ____
• I have trouble focusing on a given task                                                                                       ____
• I have difficulty communicating with my spouse, children, family, boss or co-workers               ____
• I handle most thing alone with little support from my family, friends or co-workers                    ____
• I do not have enough say in decisions that affect me                                                                  ____
• My personal needs are in conflict with my work or family                                                             ____
• I am short of cash or have other personal/business financial concerns                                       ____
• My life is one crisis after another                                                                                                  ____
• I regularly have headaches (2-5 times per week)                                                                        ____
• I have muscle tension in my shoulder, neck or back                                                                     ____
• I have stomach pains, indigestion or other digestive problems                                                    ____
• I regularly take aspirins, indigestion medication, sleeping pills or tranquilisers                             ____
•I have a tendency to overeat - especially sweets                                                                         ____
• I regularly have to drink to relax                                                                                                   ____
• I drink a great deal of coffee or other caffeinated beverages                                                     ____
• Family, friends, or people at work tell me I drink too much                                                           ____
• Most of my time is spent sitting - I get little exercise                                                                    ____
• I would like to make changes in my life but do not know how                                                       ____
• My children do not love my company                                                                                            ____
• I avoid my children’s company                                                                                                      ____
• I do not remember my hobbies                                                                                                     ____
• I laugh at my silly mistakes with others                                                                                         ____


Now add your numbers and use the total to determine generally where your
stress level is.

Your score: _______________

Score: Upto 30 normal; Upto 60: requires stress management tools; and Above 80: clinical assistance required.

 

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 Recognition

AWARDS

Nasimul Haq

another Golden at NJI

The Managing Director greeted  Mr Nasimul Haq , Vice  President-Marketing with “Congratulations! This year marks GOLDEN JUBILEE of your service as you have completed 50 years of service with NJI today.

“Your innings of five decades with NJI has been commendable and it is a testimony of your loyalty and commitment to the company. There must be only few individuals who can match your longevity and meritorious service.”

Mr Haq expressed his sentiments on the occasion with, “Thanks to Almightly  Allah that I have completed  50 years of service in NJI.

“Well it has been quite a journey. It started on 19th September  1960 at the age of 16, just after Matriculation:  I joined NJI as a Junior Clerk at the HO, seeking a way out of financial trouble. I succeeded in doing that.
“The road was hard  but  I worked relentlessly to achieve what I wanted. In 1981 I was transferred to Plaza Branch as a Branch Manager and thereafter moving up the hierarchy step by little step, gaining positive reviews from the management. To me the greatest achievement was the fact that everybody thought of me positively and wanted to see me succeed. Well I could not have done any of this without everyone’s support, so I  take the opportunity to thank them for all they did for me.”

Kashif  Zafar Awarded Roll of Honour

Our JSVP-Finance Syed Kashif Zafar was awarded “Nationwide Faculty Roll of Honour” for spring 2010 session, by Mr Mohammad Hanif Ajari, Chairman of Examination Committee and Vice President of  Institute of  Cost  Management   Accountants of  Pakistan (ICMAP) in July 2010. 

Mr Zafar is one of the visiting faculty at ICMA from among 120  visiting members in the country, ten of whom received similar awards from Karachi, being the first such recognition by the Institute. Criteria for the award was dissemination of knowledge, class punctuality, in-time completion and full coverage of course outline and above all a good passing percentage of students in final examination. 

Kashif teaches “Financial Reporting” to Stage V students and “Strategic Financial Management” to Stage VI students of ACCA. Overall 93% and 76% of his students cleared the subjects in last two consecutive terms against institute average of around 25%.  NJI congratulates Mr S Kashif Zafar on his accomplishment.

 

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 NJI Family
Performance Appraisal

A little boy went into a drug store, reached for a soda carton and asked if he could make a phone call.

Shop-owner replied, “Sweety this is not an STD, but you can do one call.

The store-owner observed and listened to the conversation:

The boy asked, “Lady, Can you give me the job of cutting your lawn?”

The woman replied, “I already have someone to cut my lawn.”

“Lady, I will cut your lawn for half the price of the person who cuts your lawn now,” replied the boy.

The woman responded that she was very satisfied with the person who was presently cutting her lawn.

The little boy found more perseverance and offered, “Lady, I’ll even sweep your curb and your sidewalk, so on Sunday you will have the prettiest lawn in all of North-Palm beach, Florida.”

Again the woman answered in the negative.

With a smile on his face, the little boy replaced the receiver.

The store-owner, who was listening to all this, walked over to the boy and said,” Son, I like your attitude; I like that positive spirit and would like to offer you a job.”

The little boy replied, “No thanks, I was just checking my performance with the job I already have. I am the one who is working for that lady, I was talking to!”

Submitted by                      
Azeem-ul-Quder
Assistant Vice President
Islamabad Branch

Forget Not Your Parents

You may forget everything, But forget not parents of yours, Do not ever forget O’man, Their countless favours.

It was God’s blessing that, They saw you smiling in their lap, For satisfaction of their hearts,
Never keep any gap.

They forgot their hunger, And fed you with love, Never give poison of bitterness, To giver of nectar of love.

They tendered and fulfilled, Thousands of your wishes, Never forget to fulfill, Their longings with your kisses.

May you earn millions, But if forget your parents, The millions are like ashes,
If not happy are your parents.

Don’t forget the fact that, You get what you sow, Serve your parents, make them happy, Your children will do so.

They slept in wet, And let you sleep in dry, Never act with them which, Brings tears in their eyes.

Flowers have been spread, In path for ease of yours, Let not thorns touch legs of theirs, Be kind and soft as flowers.

Money can get us everything, Can buy the whole world, Remember “Jagjivan” who says the truth, You can buy all but not parents’ love.

(English transcript by JSVP Akber Ali Rajan, head of Tariq Road Branch, Karachi, from original Gujarati poem by poet Jagjivan.)

Appeal for Flood Relief and Award of Certificates at
NJI’s Eid Milan

 

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