Karachi: The Pakistan General Insurance Company Limited has undergone significant leadership changes and will relocate its headquarters, as decided in a Board of Directors meeting on July 3, 2024. Mr. Jamshed Mir has been appointed as a director, and Mr. Abrar Ahmed Cheema will serve as the new Chairperson starting the same day.

According to information available from the Pakistan Stock Exchange (PSX), these leadership appointments are part of a series of resolutions passed during the meeting. Mr. Mir fills a casual vacancy on the board, while Mr. Cheema's new role as Chairperson marks a pivotal leadership shift within the company.

The Board also resolved to move the company's headquarters from Lahore to Multan, with the new location set at 1649, Shopping Center-43, Aziz Shaheed Road, Mall Plaza Chowk, Mall Rd. Multan Cantt Commercial Area, Multan, Punjab, effective July 8, 2024. Mr. Ali Naqi, the Company Secretary, has been empowered to manage all procedures associated with these changes.

This strategic realignment, including the leadership transition and the relocation of its headquarters, reflects Pakistan General Insurance's aims to optimize its operations and enhance its service delivery across the region.