Karachi: Askari General Insurance Co. Ltd. has announced the appointment of Brig. Salman Nazar (Retd) as a Member/Director of its Board of Directors, effective April 24, 2025. This appointment follows the departure of the outgoing director, whose name was not disclosed in the company's announcement.

The company, which is a prominent player in the insurance sector, has requested that the TRE Certificate Holders of the Exchange be informed about this leadership change. The new appointment is part of the company's ongoing efforts to enhance its governance structure and strengthen its board.

According to information available from the Pakistan Stock Exchange (PSX), Askari General Insurance Co. Ltd. continues to maintain its standing in the designated market category with this latest board appointment. The company's focus remains on achieving its strategic goals and ensuring effective oversight and direction from its board.

The move is expected to bring new perspectives and leadership dynamics to the board, as Brig. Salman Nazar (Retd) assumes his role later this month.