Karachi: East West Insurance Co. Limited announced a significant change to its corporate governance structure following its Annual General Meeting held on April 30, 2026. The alteration, passed unanimously by the members, involves amending the company’s Articles of Association to introduce a new position, Vice Chairman, within its board framework.

The resolution, approved as a special resolution, enables the Board of Directors to appoint up to two Vice Chairmen from among the non-executive directors. This role can be defined by the board with specific terms and duration as deemed appropriate. The decision was formalized at the meeting hosted at the company’s registered office located at 27, Regal Plaza, Ouetta.

According to information available from the Pakistan Stock Exchange (PSX), East West Insurance Co. operates within the insurance sector. The company’s decision to amend its Articles of Association reflects a strategic move to enhance its governance and leadership capabilities. The change is expected to provide additional leadership resources and support the board in achieving its strategic objectives.

The meeting, which took place on April 30, 2026, was conducted at 11:30 a.m. and involved discussions and approvals that are set to shape the organizational structure and decision-making processes within East West Insurance Co. The introduction of Vice Chairmen roles aims to strengthen the board by introducing more defined leadership positions to oversee and guide the company’s operations.