Karachi: Adamjee Life Assurance Company Limited has announced the appointment of Mr. Manzar Mushtaq as the new Chief Executive Officer. The decision will take effect on May 24, 2025, marking the beginning of a three-year term for Mr. Mushtaq.

The company has notified the TRE Certificate Holders of the Exchange about this leadership change. This move is significant for the company as it gears up for future challenges and opportunities under the new leadership.

According to information available from the Pakistan Stock Exchange (PSX), this appointment is one of the key developments in the insurance sector, a designated market category within the exchange. Adamjee Life's decision aligns with the industry trends where leadership transitions are being observed across various companies.

This announcement comes as the company continues to focus on expanding its market presence and enhancing service delivery to its customers. The leadership change is expected to bring strategic shifts in the company's operations and growth plans.