Karachi: IGI Life Insurance Limited has re-appointed Mr. Shamim Ahmad Khan as Chairman of the Board and appointed Mr. Ali Nadim as the new Chief Executive Officer, both for a term of three years starting May 23, 2026, the company announced on May 29, 2026.
The decision was made in compliance with clause 5.6.1(a) of the Rule Book of Pakistan Stock Exchange Limited, underscoring the company’s adherence to regulatory requirements. According to information available from the Pakistan Stock Exchange (PSX), these appointments are part of the strategic leadership continuity planned by the Board of Directors of IGI Life Insurance Limited.
The appointments mark a significant step for IGI Life Insurance Limited as it seeks to reinforce its leadership team. Mr. Shamim Ahmad Khan’s reappointment as Chairman reflects confidence in his leadership, while Mr. Ali Nadim’s new role as CEO is expected to drive the company’s strategic initiatives forward. The market category for this announcement falls under the financial services sector.