Karachi: Jubilee General Insurance has confirmed the appointment of Mr. Azfar Arshad Inam as the new Chief Executive Officer and Managing Director, taking effect on September 1, 2025. This decision was finalized during the Board of Directors meeting on August 21, 2025, following previous announcements made earlier in the year on January 10 and February 11.

According to information available from the Pakistan Stock Exchange (PSX), the insurance sector has been closely monitoring leadership transitions within major firms, as these changes are often indicative of strategic shifts and future operational directions.

The stakeholders and certificate holders of the exchange are encouraged to take note of this significant leadership development, which underscores the company’s commitment to maintaining robust governance and steering the enterprise towards future growth.