Karachi: Habib Insurance Company Limited has announced the resignation of Mr. Ali Fadoo from its Board of Directors, effective September 22, 2026. The resignation was formally communicated in a report dated September 23, 2026.

The company stated that the casual vacancy created by Mr. Fadoo's departure will be addressed by the Board of Directors in due course. Habib Insurance Company Limited is a part of the insurance industry, which is categorized under the designated market category.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders have been advised to take note of this development. The company has committed to keeping all relevant parties informed as the process of filling the vacancy progresses.