Karachi: The Pakistan General Insurance Company Limited has announced significant changes in its executive team, effective April 18, 2025. The company has appointed new individuals to the positions of Company Secretary and Chief Financial Officer.
In a recent development, Mr. Syed Ali Naqi has resigned from his role as the Company Secretary. The Board of Directors has appointed Mr. Muhammad Mushtaq, son of Fain Rasool, as the new Company Secretary. Mr. Mushtaq's appointment is effective from April 18, 2025. His CNIC number is 36203-1269551-1.
Simultaneously, Mr. Zain Rashid has vacated the position of Chief Financial Officer. The company has appointed Mr. Altaf Kamrudin Gokal to succeed him. Mr. Gokal will also assume his responsibilities starting April 18, 2025.
According to information available from the Pakistan Stock Exchange (PSX), these changes in executive positions are of particular interest to TRE Certificate Holders. The company has requested that the Exchange inform the relevant parties accordingly.
These executive changes come at a time when the company continues to navigate the complexities of the designated market category it operates within.