Karachi: IGI Holding Limited has announced significant leadership appointments as part of its compliance with the Pakistan Stock Exchange regulations. The company's Board of Directors has re-appointed Syed Babar Ali as Chairman of the Board for a three-year term beginning May 23, 2026. Simultaneously, Syed Hyder Ali has been appointed as the Chief Executive Officer for a similar term.

According to information available from the Pakistan Stock Exchange (PSX), these appointments are in accordance with clause 5.6.1(a) of the PSX Rule Book, which mandates specific guidelines for corporate governance and leadership roles within listed entities.

The company has communicated these changes to the TRE Certificate Holders of the Exchange, ensuring transparency and adherence to regulatory requirements. The decision to appoint both individuals for three-year terms is indicative of the Board's confidence in their leadership to steer IGI Holding Limited forward.