Karachi, Reliance Insurance Company Limited has announced the appointment of Mr. Ghulam Haider as its new Chief Financial Officer (CFO), effective from August 2, 2023. Mr. Haider will be succeeding the late Mr. Haroon A. Shakoor, who had previously held the position.

This leadership change comes as the company seeks to maintain its financial stability and strategic direction in the insurance industry. Mr. Haider's extensive experience and expertise are expected to bring valuable insights to the role and contribute to the company's continued growth.

The late Mr. Haroon A. Shakoor, who previously served as CFO, is remembered for his contributions and dedication during his tenure. The company and its stakeholders mourn the loss and are now looking ahead to the leadership of Mr. Ghulam Haider.

Mr. Ghulam Haider's appointment is seen as a vital step in ensuring the continuity of Reliance Insurance's financial operations and bolstering investor confidence. The new CFO will play a key role in overseeing the company's financial health and implementing strategies to navigate the evolving insurance landscape.