Karachi: The Pakistan General Insurance Company Limited has announced significant changes to its leadership team following a recent board meeting. On May 30, 2025, the Board of Directors approved the appointments of Mr. Abdul Haseeb Fakih as the new Chief Executive Officer, Mr. Muhammad Shahzad Habib as the Chairman of the Board, and Mr. Abrar Ahmed Cheema as the Vice Chairman of the Board.
These appointments were made in compliance with the Companies Act, 2017, the Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Pakistan Stock Exchange (PSX) Rule Book. According to information available from the Pakistan Stock Exchange (PSX), these changes are part of the company's strategy to align with regulatory requirements and enhance corporate governance.
Stakeholders and relevant parties have been informed of these developments in accordance with PSX regulations, marking a new chapter in the company's governance and leadership structure. The insurance company operates within the designated market category of financial services.