Governance

IGI General Insurance Limited is the wholly owned subsidiary of IGI Holdings Limited. 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
  • Arjumand Ahmed Shah
    Director
  • A.F. FERGUSON & CO.
    Chartered Accountants, Karachi
  • Ramday Law Associates, Hassan & Hassan, Lari & Co.
  • Syed Fazal Abbas Rizvi
    Assistant General Manager - Gujranwala
  • Muhammad Adnan Tariq
    Assistant General Manager - Peshawar
  • Haider Ali
    Deputy General Manager - Head Office
  • Zulfiqar Ali
    Senior Manager - Sialkot
  • Muhammad Akmal
    Deputy General Manager - Faisalabad
  • Imran Aslam
    Senior Manager - Lahore
  • Syed Azeem Munir
    Senior Manager - Lahore
  • Asad Naeem Malik
    Deputy General Manager - Lahore
  • Madiha Ahmad
    Assistant General Manager - Packages Mall Lahore
  • Adnan Khaliq
    Assistant General Manager - Multan
  • Muhammad Imran
    Senior Manager - Lahore
  • Bilal Liaqat
    Assistant General Manager - Lahore
  • Khurram Ikram
    General Manager - Lahore
  • Kiran Aryan Chauhan
    Assistant Manager - Karachi
  • Shakeel Ahmad
    Manager - Islamabad
  • Mohsin Bilal Bari
    Manager - Gujranwala
  • Muhammad Anas Mirza
    Deputy Manager - Lahore
  • Awais Ahmed
    Assistant General Manager - Islamabad
  • Muhammad Junaid
    Deputy General Manager - Karachi
  • Syed Afnan Imam Tirmazy
    Assistant Manager - Lahore
  • Perwasha Malik
    Senior Officer - Lahore
  • Syed Awais Zafar
    Assistant Manager - Lahore
  • Muhammad Muneeb Tahir
    Senior Officer - Lahore
  • Muhammad Ilyas
    Senior Officer - Lahore
  • Zohair Mohammad Arif Sharih
    Senior Manager - Karachi
  • Saeed Iqbal
    Manager - Karachi
  • Aiman Zahid
    Assistant Manager - Karachi
  • Muhammad Umar Jamil
    Officer - Islamabad
  • Agha Saud Mehmood
    Business Development Officer - Lahore Mall
  • Mian Adeel Akbar
    Business Development Officer - Multan
  • Hammad Farooq Puri
    Assistant General Manager (Development) - Lahore
  • Usama Murtaza
    Business Development Officer - Multan
  • Zoon-Nou-Raine
    Senior Manager (Development) - Lahore
  • Mujahid Azeem
    Senior Manager (Development) - Lahore
  • Syed Ayaz Ali Shah
    Deputy General Manager (Development) - Lahore
  • Tahira Masood
    Business Development Officer - Multan
  • Jamshaid Mir
    General Manager Development (Corporate) - Lahore
  • Abdul Rehman
    Business Development Officer - Gujranwala
  • Umair Khan
    Business Development Officer - Lahore
  • Jawad Rasheed Qayyum
    Business Development Officer - Lahore
  • Mubeen Qayyum Khan
    Customer Relationship Officer (Packages Mall) - Lahore Mall
  • Muhammad Javed
    Manager (Development) - Rahim Yar Khan
  • 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
  • Muhammad Azeem
    Business Development Officer - Lahore
  • Adeel Sabir
    Business Development Officer - Lahore
  • Revive Consultancy (Pvt) Ltd
    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
  • Sadaf Zeeshan
    Senior Manager (Development) - Lahore
  • Hammad Rizvi
    Deputy General Manager (Development) - Lahore
  • Shahid Hussain Chishti
    Business Development Officer - Lahore
  • Omair Saeed Sheikh
    Assistant General Manager (Development) - Multan
  • Reehan Aslam
    Business Development Officer - Multan
  • Razia
    Business Development Officer - Gujranwala
  • Azhar Saleem
    Business Development Officer - Lahore
  • Iftikhar Ahmed Khalid
    Business Development Officer - Lahore
  • Usama Ahmed
    Senior Manager (Development) - 3S Dealer - Lahore
  • Muhammad Farhan Usman
    Senior Manager (Development) - 3S Dealer - Lahore
  • Waris Noor
    Business Development Officer - Lahore
  • Muhammad Ahmad Habib
    Business Development Officer - Lahore
  • Najib Tariq
    Senior General Manager (Development) - Lahore
  • Muhammad Sanaullah
    Senior General Manager (Development) - Lahore
  • Nauman Razzaq
    Business Development Officer - Lahore
  • Muhammad Akram
    Manager (Development) - Lahore
  • Nadeem Akhtar
    Deputy General Manager (Development) - Lahore
  • Azhar Mumtaz Paracha
    General Manager (Development) - Lahore
  • Fahad Shafaqat
    General Manager (Development) - Lahore
  • Salman Mir
    Business Development Officer - Lahore
  • Zahir Hassan
    Business Development Officer - Lahore
  • Syed Asim Hassan Naqvi
    Business Development Officer - Lahore
  • Muhammad Naeem
    Sales Executive - Multan
  • Muhammad Usama Saeed
    Sales Executive - Lahore
  • Suhail Elahi
    Assistant General Manager (Development) - Lahore
  • Bilawal Hussain
    Business Development Officer - Lahore
  • Muhammad Junaid Afzal
    Business Development Officer - Lahore
  • Abdul Rahim Gohar
    Business Development Officer - Lahore
  • Syed Muhammad Ghazi
    General Manager (Development) - Lahore
  • Nasir Mahmood
    Business Development Officer - Lahore
  • Syeda Atiya Bokhari
    Business Development Officer - Multan
  • Muhammad Munir Khan
    Senior Manager (Development) - Lahore
  • Dure Shahwar
    Senior Manager (Development) - Lahore
  • Ehsan Bhutta
    Business Development Officer - Gujranwala
  • Alia Tahir
    Business Development Officer - Gujranwala
  • Fida Ali
    Senior Manager (Development) - Islamabad
  • Umair Hafeez
    Senior Manager (Development) - Islamabad
  • Humayun Sarwar
    Business Development Officer - Faisalabad
  • Kashif Shahid
    Senior Manager (Development) - 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
    General Manager (Development) - Islamabad
  • Hamid Taqi
    Business Development Officer - Islamabad
  • Muhammad Ashraf
    Business Development Officer - Islamabad
  • Saif Ullah Sajjad
    Business Development Officer - Islamabad
  • Pervaiz Nadir
    General Manager (Development) - Islamabad
  • Muhammad Tayyab Kashif
    Senior Manager (Development) - Faisalabad
  • Beenish Haroon
    Manager (Development) - Islamabad
  • Shahab Yousuf
    Business Development Officer - Peshawer
  • Ghulam Murtaza
    Senior Manager (Development) - Faisalabad
  • Mujib Ul Haq
    Assistant General Manager (Development) - Islamabad
  • Muhammad Arshad
    Business Development Officer - Islamabad
  • Ahsan Ahmed Jatoi
    Senior Manager (Development) - Islamabad
  • Ali Raza
    Senior Manager (Development) - Islamabad
  • Syed Mohsin Raza
    Business Development Officer - Faisalabad
  • Zaheer Abbas
    Business Development Officer - Faisalabad
  • Samreen Zaman
    Manager (Development) - Karachi
  • Fahad Ahmed
    Manager (Development) - Karachi
  • Khawar Abbas Zaheer
    General Manager (Development) - Karachi
  • Syed Muslim Ali
    Business Development Officer - Karachi
  • Safya Khalid
    Deputy General Manager (Development) - Karachi
  • Royia Imran
    Business Development Officer - Karachi
  • Atif Zaheer
    Deputy General Manager (Development) - Karachi
  • Muhammad Arif
    Deputy General Manager (Development) - Karachi
  • Afaq Ahmed
    Assistant General Manager (Development) - Karachi
  • Faisal Siddiq
    Manager (Development) - Karachi
  • Syed Ahsan Ali
    Manager (Development) - Karachi
  • Munjaz Patel
    Manager (Development) - Karachi
  • Nadeem Ali
    Manager (Development) - Karachi
  • Sadia Nasir
    Manager (Development) - Karachi
  • Muhammad Umair
    Manager (Development) - Karachi
  • Muhamamd (Shaikh) Arsalan
    Business Development Officer - Karachi
  • Mukhtar Ali Rawjani
    Manager (Development) - Karachi
  • Aamir Ali Khan
    General Manager (Development) - Karachi
  • Sobia Aamir
    General Manager (Development) - Karachi
  • Haseeb Khan
    General Manager (Development) - Karachi
  • Muhammad Usman Khan
    General Manager (Development) - Karachi
  • Mustafa Abdul Rehman
    General Manager (Development) - Karachi
  • Abdul Majeed
    General Manager (Development) - Karachi
  • Riffat Ali
    General Manager (Development) - Karachi
  • Saad Jafri
    General Manager (Development) - Karachi
  • Irum Ali
    Deputy General Manager (Development) - Karachi
  • Syed Asad Jafri
    Deputy General Manager (Development) - Karachi
  • Anjum Saleem
    Business Development Officer - Karachi
  • Tahir Masaud
    Chief Executive Officer
  • Syed Awais Amjad
    Chief Financial Officer
  • Iqra Sajjad
    Company Secretary
  • Faisal Khan
    Chief Risk Officer
  • Jamshaid Hussain
    Chief Underwriting Officer
  • Dr. Fawad Sarwar
    Head of Medical Insurance & Managed Care
  • Nafees Ahmed
    Head of Window Takaful Operations
  • Muhammad Hisham
    Regional Head - Lahore, Multan, Sialkot & Gujranwala
  • Muhammad Amjad
    Regional Head - Islamabad, Faisalabad & Peshawar
  • Asad Ali Siddiqui
    Regional Head - Karachi
  • Zahid Mehmood
    Head of Motor & Marine Claims
  • Kashif Qayyum
    Head of Fire & Miscellaneous Claims
  • Athar Chaudhry
    Head of Information Technology
  • Taimoor Ahmed
    Head of Human Resources
  • 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.

Arjumand Ahmed Shah

Ms. Arjumand Ahmed Shah is the Company Secretary of Packages Limited. She is a Barrister of Lincoln’s Inn, called to the Bar in 2006 and holds a Master’s degree in Law from SOAS, University of London. Ms. Shah has wide experience in the field of Corporate Governance and has worked at the Pakistan Institute of Corporate Governance in various roles, as its Chief Operating Officer and Acting Chief Executive Officer while being actively engaged in development of mechanisms for Board Performance evaluations, Corporate Governance Assessment, Director Training Programs and working closely with the Taskforce set up to review of the Code of Corporate Governance, 2002 & 2012. She has also developed workshops and supplementary training programs on Corporate Secretarial Training to create awareness amongst company secretaries and executives.

Ms. Shah is a Certified Director and has undertaken the Corporate Governance Leadership Skills Program organized by IFC/PICG and is holder of Certificate in Corporate Governance from ICSA London. She is a strong advocate for gender diversity and has various academic publications to her credit.

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