Karachi: In a recent development, Jazz International Holdings has acquired voting shares and control of TPL Insurance Ltd., resulting in significant changes to the company's leadership and registered address. This announcement was made on July 14, 2026, following the acquisition.

The board of directors of TPL Insurance Ltd. has undergone a substantial reshuffle. Three directors, Mr. Jameel Yusuf Ahmed S.St., Mr. Rana Assad Amin, and Mr. Benjamin Brink, resigned from their positions effective July 13, 2026. In their place, Mr. Aamir Ibrahim, Mr. Farrukh H. Khan, Mr. Ahmet Kayhan, and Mr. Moin M. Fudda have joined the board. The newly constituted board now includes Mr. Aamir Hafeez Ibrahim, Mr. Muhammad Ali Jameel, Mr. Ahmet Kayhan, Mr. Moin M. Fudda, Mr. Farrukh H. Khan, Ms. Naila Kassim, and Mr. Aqueel E. Merchant.

Mr. Aamir Hafeez Ibrahim has been appointed as the new Chairman of the Board, succeeding Mr. Jameel Yusuf Ahmed. The appointment of the new directors is pending approval by the Securities and Exchange Commission of Pakistan under the Insurance Companies (Sound and Prudent Management) Regulations, 2012.

In addition to the changes at the board level, the management team has also seen new appointments. Ms. Shayan Mufti has been replaced by Ms. Nadia Parveen Hussain as the Company Secretary, while Mr. Khawaja Saad Sohail has been appointed as the Chief Financial Officer.

The registered address of TPL Insurance Ltd. is being changed from its former location at the Sky Tower East Wing, Dolmen City, Clifton, Karachi, to a new address at Plot 19-B, Sindhi Muslim CHS, Near Roomi Masjid, Shahrah-e-Faisal, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), these developments are significant for the designated market category, representing a shift in corporate governance following Jazz International Holdings' strategic acquisition and control over TPL Insurance Ltd.