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.

  • Shamim Ahmad Khan
    Chairman
  • Syed Hyder Ali
    Director
  • Sajjad Iftikhar
    Director
  • Syed Hasnain Ali
    Director
  • CEO
    Tahir Masaud
    Chief Executive Officer
  • A.F. FERGUSON & CO.
    Chartered Accountants, Karachi


  • Syed Asim Hassan Naqvi
    Asst. General Manager (Development) - Lahore


  • Malik Usman Asif
    Assistant General Manager (Development) - Lahore


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


  • Parveen Jamal
    General Manager (Development) - Lahore


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


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


  • Muhammad Arif
    Deputy General Manager (Development) - Lahore


  • Ikram Elahi
    Deputy General Manager (Development) - Lahore


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


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


  • Muhammad Ashraf
    Deputy General Manager (Development) - Lahore


  • Muhammad Yaseen
    Senior Manager (Development) - Lahore


  • Syed Zeeshan Rafiq
    Deputy General Manager (Development) - Lahore


  • Pervaiz Hassan Khan
    Senior Manager (Development) - Lahore


  • Muhammad Azeem
    Business Development Officer - Lahore


  • Adeel Sabir
    Business Development Officer - Lahore


  • Adnan Hamid
    Deputy General Manager (Development) - Lahore


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


  • Talha Amin Qureshi
    Business Development Officer - Lahore


  • Ammad Hussain Hashmi
    Business Development Officer - Lahore


  • Muzammal Amin Khan
    Senior Manager (Development) - Lahore


  • Ubaid Ur Rehman
    Senior Manager (Development) - Lahore


  • Faisal Ansari
    Senior Manager (Development) - Lahore


  • Shahid Mahmood
    Assistant General Manager (Development) - Lahore


  • Hammad Rizvi
    Deputy General Manager (Development) - Lahore


  • Shahid Hussain Chishti
    Business Development Officer - Lahore


  • Azhar Saleem
    Business Development Officer - Lahore


  • Arif Hameed
    Assistant General Manager (Development) - Lahore


  • Ali Shehryar
    Deputy General Manager (Development) - Lahore


  • Iftikhar Ahmed Khalid
    Business Development Officer - Lahore


  • Junaid Anwar
    Business Development Officer - Lahore


  • Usama Ahmed
    Senior Manager (Development) - Lahore


  • Muhammad Farhan Usman
    Senior Manager (Development) - Lahore


  • Waris Noor
    Business Development Officer - Lahore


  • Muhammad Ahmad Habib
    Assistant General Manager (Development) - Lahore


  • Nauman Razzaq
    Business Development Officer - Lahore


  • Muhammad Akram
    Manager (Development) - Lahore


  • Najib Tariq
    Senior General Manager (Development) - Lahore


  • Muhammad Sanaullah
    Senior General Manager (Development) - Lahore


  • Hassan Subhani
    Assistant General Manager (Development) - Lahore


  • Syed Ayaz Ali Shah
    Deputy General Manager (Development) - Lahore


  • Umair Khan
    Business Development Officer - Lahore


  • Asad Naeem Malik
    Assistant General Manager - Branch Management - Lahore


  • Nadeem Akhtar
    Deputy General Manager - Marketing & Sales - Lahore


  • Imran Aslam
    Manager - Marketing & Sales - Lahore


  • Syed Azeem Munir
    Senior Manager - Marketing & Sales - Lahore


  • Madiha Ahmad
    Assistant General Manager - Marketing & Sales - Lahore


  • Muhammad Imran
    Manager - Marketing & Sales - Lahore


  • Bilal Liaqat
    Assistant General Manager - Marketing & Sales - Lahore


  • Khurram Ikram
    General Manager - Marketing & Sales - Lahore


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


  • Reehan Aslam
    Business Development Officer - Multan


  • Tahira Masood
    Business Development Officer - Multan


  • Ch. Adnan Khaliq
    Assistant General Manager - Branch Management - Multan


  • Razia Cheraghdin
    Business Development Officer - Gujranwala


  • Abdul Rehman
    Business Development Officer - Gujranwala


  • Syed Fazal Abbas Rizvi
    Assistant General Manager - Branch Management - Gujranwala


  • Mohsin Bilal Bari
    Manager - Marketing & Sales - Gujranwala


  • Nabeel Arshad
    Business Development Officer - Sialkot


  • Zulfiqar Ali
    Senior Manager - Branch Management - Sialkot


  • Muhammad Javed
    Deputy Manager - Branch Management - Rahim Yar Khan


  • Afaq Ahmed
    Assistant General Manager (Development) - Karachi


  • Shaheen Tipoo Zafar
    Assistant General Manager (Development) - Karachi


  • Mustafa Abdul Rehman
    General Manager (Development) - Karachi


  • Abdul Majeed
    General Manager (Development) - Karachi


  • Safya Khalid
    Deputy General Manager (Development) - Karachi


  • Royia Imran
    Business Development Officer - Karachi


  • Atif Zaheer
    Deputy General Manager (Development) - Karachi


  • Asim Noor
    Business Development Officer - Karachi


  • Irum Ali
    Deputy General Manager (Development) - Karachi


  • Muhammad Arif
    Deputy General Manager (Development) - Karachi


  • Bilal Patel
    Assistant General Manager (Development) - Karachi


  • Faisal Siddiq
    Manager (Development) - Karachi


  • Syed Ahsan Ali
    Manager (Development) - Karachi


  • Mukhtar Ali Rawjani
    Business Development Officer - Karachi


  • Ishtiaq Ahmed
    Business Development Officer - Karachi


  • Sadia Nasir
    Business Development Officer - Karachi


  • Altaf Hussain Anvar Ali
    Business Development Officer - Karachi


  • Muhammad Munjaz Patel
    Manager (Development) - Karachi


  • Nadeem Ali
    Manager (Development) - Karachi


  • Riffat Ali
    General Manager (Development) - Karachi


  • Saad Jafri
    General Manager (Development) - Karachi


  • Ovais Zubair
    Business Development Officer - Karachi


  • Sadia Ishtiaq
    Assistant General Manager (Development) - Karachi


  • Asad Ali Siddiqui
    Assistant General Manager - Branch Management - Karachi


  • Muhammad Junaid
    Assistant General Manager - Marketing & Sales - Karachi


  • Muhammad Adnan
    Manager - Marketing & Sales - Karachi


  • Muhammad Asif
    Business Development Officer - Islamabad


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


  • Syed Murid Abbas
    Senior Manager (Development) - Islamabad


  • Muhammad Hafeez
    Deputy General Manager (Development) - Islamabad


  • Ahmed Zia
    Assistant General Manager (Development) - Islamabad


  • Haroon Shafiq
    Joint General Manager (Development) - Islamabad


  • Hamid Taqi
    Business Development Officer - Islamabad


  • Muhammad Ashraf
    Business Development Officer - Islamabad


  • Muhammad Arshad
    Joint General Manager (Development) - Islamabad


  • Wajeeh Ur Rehman
    Deputy General Manager (Development) - Islamabad


  • Uzma Gul
    Business Development Officer - Islamabad


  • Saif Ullah Sajjad
    Business Development Officer - Islamabad


  • Pervaiz Nadir
    General Manager (Development) - Islamabad


  • Fida Ali
    Senior Manager (Development) - Islamabad


  • Umair Hafeez
    Senior Manager (Development) - Islamabad


  • Khurram Shahzad Paul
    Assistant General Manager - Marketing & Sales - Islamabad


  • Muhammad Ejaz
    Manager - Marketing & Sales - Islamabad


  • Shakeel Ahmad
    Manager - Marketing & Sales - Islamabad


  • Awais Ahmed
    Assistant General Manager - Marketing & Sales - Islamabad


  • Muhammad Junaid Afzal
    Business Development Officer - Faisalabad


  • Muhammad Akmal
    Assistant General Manager - Branch Management - Faisalabad


  • Muhammad Tayyab Kashif
    Deputy Manager - Marketing & Sales - Faisalabad


  • Muhammad Adnan Tariq
    Assistant General Manager - Branch Management - Peshawar


  • Shahab Yousuf
    Manager - Marketing & Sales - Peshawar
  • Tahir Masaud
    Chief Executive Officer
  • Syed Awais Amjad
    Chief Financial Officer
  • Yasir Ali Quraishi
    Company Secretary
  • Faisal Khan
    Chief Technical Officer & Regional Head - Karachi
  • Jamshaid Hussain
    Head of Underwriting
  • Nomaan Bin Bashir
    Head of consumer
  • Dr. Fawad Sarwar
    Head of Medical Insurance & Managed Care
  • Nafees Ahmed
    Head of Window Takaful Operation
  • 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 Officer

Shamim Ahmad Khan

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

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 Holdings Limited (Formerly IGI Insurance Limited). He is also a member of the Advisory Committee of Centre for International Private Enterprise Pakistan.

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 Holdings Limited (Formerly 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 (ISL).

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.

Sajjad Iftikhar

Mr. Iftikhar is a fellow member of the Institute of Chartered Accountants of Pakistan (ICAP); he is currently serving one of the leading business groups of the country in the capacity of Chief Investment Officer; where he is responsible for portfolio management, performance measurement and is also supporting Group strategy team. Mr. Iftikhar has also developed expertise in taxation, financial management, business planning, financial reporting and business valuations. Over the years, Mr. Iftikhar has the experience of managing sizable teams and delivering on human capital development agenda of the organizations served by him. He has also been awarded as Young Role Model by ICAP during the year 2013.

Syed Hasnain Ali

Mr. Syed Hasnain Ali is a Director of HY Enterprises Pvt Ltd. & Paper Clip Pakistan Pvt Ltd. and also a Partner in MAGNUS. He is actively taking part in running the diversified group of companies that are involved in commercial printing, educational services, retail, fashion bags, work wears, uniforms and furniture, electronics & commodities trading, etc. At IGI General, his experience and business insight will be valuable in charting a course towards greater expansion, profitability and strategic growth for the company.

Mr. Hasnain received his Bachelor’s Degree in Communication and Business Studies from the University of Buckingham and went on to complete a Post-Graduate Diploma in Service Management. He began his professional career at Nestle Pakistan Ltd. as a training coordinator in the HR department, and formed HY ENTERPRISES in 2007.

Mr. Hasnain has also served on the board of Wazir Ali Industries.

CEO

Tahir Masaud

Mr. Tahir Masaud is the Chief Executive Officer of IGI Holdings Limited (Formerly IGI Insurance Limited) as well as IGI General 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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