Pakistan Company News – Appointment of Director of Adamjee Insurance Company Limited

Appointment of Director of Adamjee Insurance Company Limited

Karachi, Adamjee Insurance Company Limitedinformed Pakistan Stock Exchange that Mr.MuhammadArif Hameed has been appointed as Director with effect from June 11, 2018 in place of Mr. FrederikCoenrard de Beer.

Adamjee Insurance Company Limited was incorporated in Pakistan on September 28, 1960. It is a public limited company listed on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The company is also listed with Central Depositary Company of Pakistan. The company is involved in the business of general insurance. The classification of its products includes fire and property, health, marine, motor and miscellaneous kinds of insurance. The registered office of the company is located in Karachi through which networks of branches are operated across Pakistan. Two branches of the company are also located in UAE.

AICL with Hollard Insurance based in South Africa launched Life assurance operations through a separate entity name, Adamjee Life Assurance Company Limited.

The symbol “AICL” is being used by the stock exchanges for the shares of Adamjee Insurance Company Limited.