Multan: The Pakistan General Insurance Company Limited announced the results of its election for directors during the 78th Annual General Meeting held on May 28, 2025. This election, conducted in line with the applicable framework of laws and regulations, was held pursuant to Section 159 of the Companies Act, 2017.

The election was necessitated by the number of candidates surpassing the directors' positions fixed by the Board, requiring adherence to Section 159(5) of the Companies Act, 2017. The process resulted in the selection of seven individuals for the board of directors, who will serve a three-year term starting from the AGM date.

The newly elected directors are Mr. Muhammad Shahzad Habib, Mr. Abdul Haseeb Fakih, Mr. All Shahzad, Mr. Abrar Ahmed Cheema, Mr. Muhammad Asad Jaweed, Mr. Chaudhry Muhammad Naeem, and Ms. Nuzhat UI Zahra.

According to information available from the Pakistan Stock Exchange (PSX), this information is being disseminated to the TRE Certificate Holders of the Exchange. The election process reflects the governance requirements set forth by the current legislation, ensuring that corporate management aligns with regulatory standards.

The Pakistan General Insurance Company Limited continues to operate within the designated market category, maintaining its obligations to stakeholders and regulatory bodies. The election of directors is a significant event in the corporate calendar, marking a new phase in the governance of the company.