Governance

At IGI, we believe that a solid foundation of good corporate governance and business ethics significantly contributes to our company's ability to compete effectively and realize our full value potential. Our company operates under the guidance and oversight of our Board of Directors (BoD) who have a strong reputation for uncompromising integrity, each a leader in the industry to ensure we provide a sustainable value through business fundamentals, Corporate Social Responsibility and talent stewardship.

  • Syed Babar Ali
    Chairman
  • Syed Hyder Ali
    Director
  • Syed Yawar Ali
    Director
  • Syed Shahid Ali
    Director
  • Shamim Ahmad Khan
    Director
  • Faryal Jooma
    Director
  • Osman Khalid Waheed
    Director
  • CEO
    Tahir Masaud
    Chief Executive Officer
  • A.F. FERGUSON & CO.
    Chartered Accountants, Karachi


  • Aamir Inayat
    Business Development Officer - Gujranwala


  • Abdul Majeed (Fidelity Insurance Brokers)
    Joint General Manager (Development) - Karachi


  • Adeel Sabir
    Business Development Officer - Lahore


  • Adnan Ahmad Sheikh
    Business Development Officer (Takaful) - Karachi


  • Ahmed Zia
    Senior Manager (Development) - Islamabad


  • Ali Shehryar
    Deputy General Manager (Development) - Lahore


  • Amanullah Khan
    Business Development Officer - Peshawar


  • Ammad Hussain Hashmi
    Business Development Officer - Lahore


  • Anum Ijaz
    Customer Relationship Officer (Packages Mall) - Lahore


  • Arif Hameed
    Business Development Officer - Lahore


  • Asad Ali Siddiqui
    Assistant General Manager - Karachi


  • Asad Naeem Malik
    Assistant General Manager - Lahore


  • Asif Ali
    Business Development Officer - Peshawar


  • Asif Elahi
    Assistant General Manager (Development) - Karachi


  • Asim Noor
    Business Development Officer - Karachi


  • Atif Zaheer (Simra Atif)
    Deputy General Manager (Development) - Karachi


  • Atiq Ur Rahman
    Senior Manager (Development) - Faisalabad


  • Awais Ahmed
    Assistant General Manager - Islamabad


  • Azhar Saleem
    Business Development Officer - Lahore


  • Bilal Liaqat
    Senior Manager - Lahore


  • Bilal Patel
    Assistant General Manager (Development) - Karachi


  • Ch. Adnan Khaliq
    Senior Manager - Multan


  • Ch. Zulfiqar Ali
    Deputy Manager - Sialkot


  • Faisal Ansari
    Senior Manager (Development) - Lahore


  • Faisal Siddiq
    Manager (Development) - Karachi


  • Farrukh Ahmed
    Senior Manager - Karachi


  • Ghulam Ali Murtaza
    Joint General Manager (Development) - Lahore


  • Gulraiz Hassan Khan
    Business Development Officer - Lahore


  • Gulshan Ali
    Business Development Officer - Karachi


  • Gulzar Ahmed
    Business Development Officer - Lahore


  • Hafiz Atif Bin Asghar
    Business Development Officer - Gujranwala


  • Hamid Taqi
    Business Development Officer - Islamabad


  • Hammad Rizvi
    Deputy General Manager (Development) - Lahore


  • Haroon Shafiq
    Joint General Manager (Development) - Islamabad


  • Iftikhar Ahmed Khalid
    Senior Manager (Development) - Lahore


  • Ikram Elahi
    Deputy General Manager (Development) - Lahore


  • Imran Aslam
    Manager - Lahore


  • Imran Saleem
    Business Development Officer - Lahore


  • Iqra Amin
    Business Development Officer - Lahore


  • Irum Ali
    General Manager (Development) - Karachi


  • Ishtiaq Ahmed
    Business Development Officer - Karachi


  • Jamil Ahmad
    Senior Manager (Development) - Faisalabad


  • Junaid Anwar
    Business Development Officer - Lahore


  • Khurram Ikram
    General Manager - Lahore


  • Khurram Shahzad Paul
    Assistant General Manager - Islamabad


  • M. Awais Razzaq Chaudhry
    Deputy General Manager (Development) - Lahore


  • M. Imran Shahzaib
    Assistant General Manager (Development) - Islamabad


  • M. Jamil Ahmed Rana
    Deputy General Manager (Development) - Lahore


  • Madiha Ahmad
    Senior Manager - Lahore


  • Mahnoor Shahzadi
    Business Development Officer - Lahore


  • Mohsin Bilal Bari
    Manager - Gujranwala


  • Mubeen Qayyum Khan
    Customer Relationship Officer (Packages Mall) - Lahore


  • Muhammad Adnan
    Manager - Karachi


  • Muhammad Adnan Tariq
    Senior Manager - Peshawar


  • Muhammad Akmal
    Assistant General Manager - Faisalabad


  • Muhammad Amjad
    General Manager - Islamabad


  • Muhammad Anwar Sheikh
    Deputy General Manager (Development) - Lahore


  • Muhammad Arif
    Deputy General Manager (Development) - Lahore


  • Muhammad Arif
    Deputy General Manager (Development) - Karachi


  • Muhammad Ashraf
    Deputy General Manager (Development) - Lahore


  • Muhammad Ashraf
    Business Development Officer - Islamabad


  • Muhammad Asif
    Business Development Officer - Islamabad


  • Muhammad Aslam Chishti
    Business Development Officer - Islamabad


  • Muhammad Azeem
    Business Development Officer - Lahore


  • Muhammad Ejaz
    Manager - Islamabad


  • Muhammad Faisal Ghauri
    Manager (Development) - Karachi


  • Muhammad Farhan Usman
    Business Development Officer (3s Dealer) - Lahore


  • Muhammad Hafeez
    Deputy General Manager (Development) - Islamabad


  • Muhammad Hisham
    General Manager - Lahore


  • Muhammad Imran
    Manager - Lahore


  • Muhammad Javed
    Business Development Officer - Rahim Yar Khan


  • Muhammad Junaid
    Assistant General Manager - Karachi


  • Muhammad Junaid Afzal
    Business Development Officer - Faisalabad


  • Muhammad Nabeel
    Assistant General Manager (Development) - Karachi


  • Muhammad Saleem (Abdul Jabbar)
    Joint General Manager (Development) - Karachi


  • Muhammad Tayyab Kashif
    Deputy Manager - Faisalabad


  • Muhammad Yaseen
    Business Development Officer - Lahore


  • Mukhtar Ali Rawjani (RMS)
    Manager (Development) - Karachi


  • Muzammal Amin Khan
    Manager (Development) - Lahore


  • Nadeem Akhtar
    Assistant General Manager - Lahore


  • Nadeem Awan
    Business Development Officer - Lahore


  • Naheed Akhtar Awan c/o MN
    Senior Manager (Development) - Lahore


  • Nauman Dosani
    Business Development Officer - Karachi


  • Omair Saeed Sheikh
    Assistant General Manager (Development) - Multan


  • Parveen Jamal
    General Manager (Development) - Lahore


  • Pervaiz Hassan Khan
    Business Development Advisor - Lahore


  • Pervaiz Khan (Employment Contract)
    Senior Manager (Development) - Lahore


  • Pervaiz Nadir
    Deputy General Manager - Islamabad


  • Razia Cheraghdin
    Business Development Officer - Gujranwala


  • Reehan Aslam
    Business Development Officer - Multan


  • Revive Consultancy (Pvt) Ltd
    Senior Manager (Development) - Lahore


  • Riffat Ali
    Deputy General Manager (Development) - Karachi


  • Riffat Tayyeb Gardezi
    Business Development Officer - Lahore


  • Royia Imran (Salman Rasheed)
    Senior Manager (Development) - Karachi


  • Saad Jafri
    General Manager (Development) - Karachi


  • Saba Sattar Khan
    Customer Relationship Officer (Packages Mall) - Lahore


  • Sadia Nasir
    Business Development Officer - Karachi


  • Safya Khalid (Khalid Usman)
    Deputy General Manager (Development) - Karachi


  • Samina Abdul Sattar (Rehman Mohammadi)
    Deputy General Manager (Development) - Karachi


  • Shahab Yousuf
    Deputy Manager - Peshawar


  • Shahbaz Haider Agha
    Senior General Manager (Development) - Lahore


  • Shahid Hussain Chishti
    Business Development Officer - Lahore


  • Shahid Mahmood
    Senior Manager (Development) - Lahore


  • Shaista Ishtiaq
    Senior Manager (Development) - Gujranwala


  • Shakeel Ahmad
    Deputy Manager - Islamabad


  • Shazia Shamim (Shamim Pervaiz)
    Senior Manager (Development) - Karachi


  • Syed Afnan Imam
    Management Trainee - Lahore


  • Syed Ahsan Ali
    Manager (Development) - Karachi


  • Syed Awais Zafar
    Business Development Officer - Lahore


  • Syed Azeem Munir
    Senior Manager - Lahore


  • Syed Fazal Abbas Rizvi
    Assistant General Manager - Gujranwala


  • Syed Mazhar Ali
    Assistant General Manager (Development) - Lahore


  • Syed Murid Abbas
    Senior Manager (Development) - Islamabad


  • Syed Zeeshan Rafiq
    Senior Manager (Development) - Lahore


  • Talha Amin Qureshi
    Business Development Officer - Lahore


  • Ubaid Ur Rehman
    Senior Manager (Development) - Lahore


  • Usama Ahmed
    Business Development Officer (3s Dealer) - Lahore


  • Waris Noor
    Business Development Officer - Lahore


  • Yawar Aminuddin
    Deputy General Manager (Development) - Lahore


  • Zohra Bano
    Business Development Officer - Islamabad


  • Zoraiz Hassan Agha
    Business Development Officer - Lahore


  • Zulfiqar Ali
    Senior Manager - Sialkot
  • Tahir Masaud
    Chief Executive Officer
  • Syed Fahad Subhan
    Acting Chief Financial Officer
  • Yasir Ali Quraishi
    Company Secretary
  • Faisal Khan
    Chief Technical Officer
  • Jamshaid Hussain
    Head of Underwriting
  • Muhammad Hisham
    Regional Head - Lahore, Multan, Sialkot & Gujranwala
  • Muhammad Amjad
    Regional Head - Islamabad, Faisalabad & Peshawar
  • Zahid Mehmood
    Head of Motor & Marine Claims
  • Kashif Qayyum
    Head of Fire & Miscellaneous Claims
  • Athar Chaudhry
    Head of Information Technology
  • Muhammad Adnan
    Head of Human Resources & Administration
  • Shahzeb Haider
    Head of Internal Audit
  • Saira Sheikh
    Compliance & Risk Officer

Syed Babar Ali

As an entrepreneur and industrialist, Syed Babar Ali envisioned and set up Packages Limited (Pakistan’s largest paper & board mill), Milkpak Limited–now Nestlé Pakistan Limited (the largest food processing company in Pakistan); Tetra Pak Pakistan Limited, IGI Insurance Company Limited, Tri-Pack Films Limited, and IGI Investment Bank. He is Chairman of Sanofi-Aventis Pakistan Limited, Siemens Pakistan Engineering Company Limited, and Coca-Cola Beverages Pakistan Limited. He believes in the joint venture philosophy and most of his businesses are joint ventures with major multinationals.

As an educationist, he led the establishment of the Lahore University of of Management Sciences (LUMS) in 1985 of which he is the first Pro-Chancellor. LUMS is Pakistan’s premier management education institution. In 1992, he founded Ali Institute of Education for training of primary and secondary school teachers. He is a member of the Board of the following important educational institutions of Lahore: Aitchison College, Kinnaird College, and Lahore School of Economics. He is also a Founding Member of the South Asia Initiative of Harvard University and the Co-Chair of South Asia Centre for Policy Studies currently based in Nepal. He served as Pakistan’s Minister of Finance, Economic Affairs & Planning in 1993.

He promoted the cause of the padWorld Wide Fund for Nature (earlier World Wildlife Fund) where he served in various capacities, both in Pakistan and internationally, from 1972 to 1996. He was International President of WWF from 1996 to 1999 succeeding HRH Prince Philip, the Duke of Edinburgh. He is now Vice President Emeritus, WWF International, and President Emeritus WWF-Pakistan.

He set up Babar Ali Foundation in 1985. The Foundation gives about a million dollars a year primarily for education and health in Pakistan. He is also a member of Layton Rehmatullah Benevolent Trust Karachi and Shalamar Hospital Lahore.

He received honors and awards from the Government of Sweden, the Netherlands, an OBE from Britain (1997), and was awarded an Honorary Doctorate Degree of Laws from McGill University, Montreal, Canada (1997).

Syed Hyder Ali

Syed Hyder Ali, graduated from University of Michigan, USA with a Bachelor of Science degree in Chemical Engineering in 1979. He completed his Master of Science in June 1981, specializing in paper chemistry. In 1997, Mr. Ali also attended the program for Management Development at the Harvard Business School, Boston, USA.

Chief Executive and Managing Director, Packages Ltd. Mr. Ali has wide and varied professional working experience spanning over many years in paper production, conversion and packaging. Mr. Ali has been involved in the development and implementation of processes for the pulp and paper mill at Packages Ltd. using wheat straw as a raw material. He is the co-author of two USA patents for the recycling of milk and juice cartons.

Mr. Ali serves on the Board of a number of companies like Bulleh Shah Paper Mill (Private) Limited, IGI Insurance Limited, Nestlé Pakistan Limited, Packages Lanka (Pvt) Limited, Sanofi-Aventis Pakistan Limited, Tetra Pak Pakistan Limited, Tri-Pack Films Limited and International Steel Limited.

He is a member of the Board of Governors/Directors of WWF- Pakistan, Babar Ali Foundation (BAF), National Management Foundation (NMF), Ali Institute of Education (AIE), Pakistan Centre for Philanthropy (PCP), and Pakistan Business Council (PBC). He is also a Member of the Executive / Management Committee of Syed Maratib Ali Religious and Charitable Trust Society, Lahore University of Management Sciences (LUMS) and International Chamber of Commerce (ICC) Pakistan.

Mr. Ali is married with three children. He is the Honorary Consul General of Sweden in Lahore since 1998.

Syed Yawar Ali

Syed Yawar Ali was educated at Aitchison College Lahore and hold a Bachelors in Chemical Engineering and Masters in Management Science from Stevens Institute of Technology. He joined the family business (Packages Limited) and became Managing Director of Milk Pak Ltd. After 3 years of the Joint Venture with Nestlé he was elevated to Chairman of the Board.

Syed Yawar Ali is currently Chairman of Nestlé Pakistan Limited, Chairman, Wazir Ali Industries Limited and Past Chairman of Pakistan Dairy Association. He is serving on many other boards and has also been on the Board of Directors of State Bank of Pakistan, Pakistan International Airlines, Agricultural Development Bank of Pakistan and Lahore Electric Supply Company.

He also serves as Vice-President of the India-Pakistan Chamber of Commerce and Industry and is heading a committee to ‘Promote Trade with India.

Syed Shahid Ali

Syed Shahid Ali is currently associated with IGI Insurance as Non-executive Director. He also holds directorship of several other companies which include Treet Corporation Limited, Treet Assets (Private) Limited, Treet Power Limited, Loads Limited, Packages Limited, Ali Automobiles Limited, First Treet Manufacturing Modaraba, Global Econo Trade (Private) Limited, Multiple Autoparts Industries (Private) Limited, Specialized Autoparts Industries (Private) Limited and Specialized Motorcycles (Private) Limited.

Mr. Shahid is actively involved in social and cultural activities and holds senior positions on the governing boards of several hospitals and philanthropic organizations including Liaquat National Hospital.

Shamim Ahmad Khan

Mr. Shamim Ahmad Khan is associated with the Company as Non-executive Director, He has served various government organizations in different capacities namely Securities and Exchange Commission of Pakistan and Ministry of Commerce.

He has also been engaged with consultancy assignments for Asian Development Bank and other organizations. Currently, Mr. Khan is serving as director of Abbott Laboratories Pakistan Limited and IGI Insurance Limited. He is also a member of the Advisory Committee of Centre for International Private Enterprise Pakistan.

Faryal Jooma

Osman Khalid Waheed

CEO

Tahir Masaud

Mr. Tahir Masaud is the Chief Executive Officer of IGI Insurance Limited and a Director on the Board of IGI Life Insurance Limited. Mr. Masaud brings with him over 17 years of rich and varied experience gained in senior leadership positions within the general insurance sector in Pakistan and United Kingdom. His background includes sales and marketing administration, product development and project management.

He is a Chartered Insurer with an Advanced Diploma in Insurance (ACII) from Chartered Insurance Institute, United Kingdom. Mr. Masaud has completed his post graduations in Computer Sciences and Business Administration from Lahore University of Management Sciences (LUMS), Pakistan. He has attended numerous professional development programs in Pakistan, United Kingdom and Germany.

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