Karachi: Asia Insurance Company Limited has announced the resignation of its Nominee Director, Mr. Thibaud Ponchon, from the Board of Directors, effective June 30, 2025. The company has communicated this development to its stakeholders, including the TRE certificate holders of the exchange.

According to information available from the Pakistan Stock Exchange (PSX), the resignation is part of a scheduled change within the company's governance structure. The announcement marks a significant shift in the board's composition, and the company is expected to announce a replacement in due course.

Asia Insurance Company Limited operates within the insurance market category, providing various insurance solutions. The company's leadership transition comes as part of its ongoing strategic adjustments. Stakeholders are advised to stay informed about further updates regarding this transition.