Pakistan Company News – Change of Chief Executive Officer and Director of TPL Insurance Limited

Change of Chief Executive Officer and Director of TPL Insurance Limited

Karachi, TPL Insurance Limitedinformed Pakistan Stock Exchange that Mr. SaadNissar has ceased to be the Chief Executive Officer and Director of the Company with effect from July 31, 2018 to be replaced by Mr. Muhammad Aminuddin.

TPL Insurance is the first insurance company in Pakistan to sell general insurance products directly to the consumer. We launched in 2005 and since then have grown from strength-to-strength, delivering superior and hassle-free risk management services to individual clients. In 2015, we partnered with Greenoaks Global Holdings Limited (GGH), who acquired a 69.2% stake in our business. The relationship has bolstered our position in the market, with robust and sustainable financial backing, administration processes and technology-driven innovation that reinforces our ability to lead the way in the insurance industry in Pakistan.