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.

 

Board Of Directors

Shamim Ahmad Khan Chairman

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 Director

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.

Mr. Faisal Khan
CEO IGI General Insurance Ltd

Mr. Faisal Khan has been appointed as CEO at IGI General with effect from 16 February 2024. Faisal has been with the Packages Group for the last 18 years in different leadership roles and he boasts a proven track record of driving growth and success, having played a pivotal role in transitioning IGI General from a captive to a market-oriented business in the non-life segment. Faisal established the crucial Risk Management Function at IGI, fostering a strong risk-awareness culture within the Company and the Group. Notably, he spearheaded in crafting new partnerships with world renowned reinsurers and several multinational insurance networks across the global non-life insurance ecosystem.

Being a skilled insurance professional with a strong foundation in engineering coupled with a successful career in the insurance industry, Faisal brought a unique blend of technical expertise and business management acumen. He has attended numerous professional development programs in Pakistan (LUMS) and global centres of excellence in the insurance world during his service at IGI. He is a member of the Chartered Insurance Institute, UK; and have been a member of the Executive Committee of the IAP since 2021 until 2024 besides he has served as a Chairman of the Property (Technical) Committee at IAP after consecutively serving as a member since 2009, representing IGI.

Syed Hasnain Ali Director

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.

Syed Mohammed Hussain
Director

Mohammed Syed is a senior business executive and General Counsel at a FTSE 100, with significant strategic, group-level experience in Board, Executive Committee & CEO advisory, ESG/Corporate Governance, International Law, Mergers & Acquisitions, Disputes, Audit, Risk, Cyber Security, Legal & Regulatory Compliance, and Crisis Management.

Mr. Syed has contributed to shaping global business strategies by driving large-scale transactions, optimizing operational efficiency, and leveraging technology to enhance corporate outcomes. His mission is to enable organizations to achieve impactful results through strategic legal guidance, innovative problem-solving, and collaborative leadership. He thrives in aligning business objectives with sustainable growth, promoting diverse perspectives, and fostering a culture of innovation.

As Shell General Counsel for Projects & Technology, he played a pivotal role in overseeing supply chain optimization, digital transformation, and global operational improvements.

In his role as VP for Government Relations, he was Shell’s most senior relationship executive working at Ministerial level with governments and multilateral institutions and at board level with the national oil companies, to promote Shell business interests.  Shell’s 27 country chairs in Asia from Australia and New Zealand, to China, Malaysia, Brunei, Philippines, India, and Pakistan reported into him. His areas of responsibility and expertise include advocacy on key international issues as well as reputation and media management, and through the country chair network, managing cross business accountabilities including functional responsibility for Shell’s Asia GR teams.

Mr. Syed read PPE at Oxford, then qualified as a barrister and practiced in the High Court in England, then qualified as a solicitor and became a partner at Reed Smith, global law firm.  He is also admitted to the Punjab High Court.

He has been the Shell nominated representative to Chatham House (The Royal Institute of International Affairs), The International Institute of Strategic Studies and The Royal Society of Asian Affairs and a Board member of key commercial or trade organizations including Netherlands Japan Society, Malaysia Business Council, the Pakistan Britain Trade and Investment Forum and the Singapore British Business Council.

Maheen Rahman Director

Ms. Maheen Rahman has over twenty years of experience in investment banking, research and asset management. Currently she serves as the Chief Executive Officer of InfraZamin Pakistan, a Private Infrastructure Development Group (UK) company, and has played a crucial part in setting up operations and developing a project pipeline. InfraZamin’s credit guarantees assist in de-risking projects and transactions to enable access to finance to underserved sectors and companies. Under her stewardship InfraZamin has developed and executed a number of award-winning transactions that have achieved local and global repute.

In her previous appointment, Ms. Maheen Rahman served as the Chief Executive of Alfalah GHP Investment Management where, under her leadership, Alfalah Investments has grown to be one of the largest asset management companies in Pakistan. Prior to that, she was the Chief Executive of IGI Funds, Head of Research at BMA Capital Management, Corporate Finance Associate at ABN AMRO Bank and Investment Banking analyst at Merrill Lynch. She has the experience of working across multiple geographies during her career.

Ms. Maheen Rahman has been featured on Fortune’s “40 Under 40’s women to watch” list, in 2015.  She also serves on a number of boards with notable directorships at the Securities and Exchange Policy Board, Independent Director at GlaxoSmithKlein Pakistan, Independent Director at Khaadi, Independent Director at Centre for Economic Research in Pakistan and Independent Director at Systems Limited.  She is also the former Director of Special Technology Zones Authority, former Director at Nasra Public Schools, Advisor to KatalystLabs, former Chairperson and Director of the Mutual Funds Association of Pakistan, former Director Pakistan Institute of Corporate Governance and former Member of the Prime Minister’s Task Force on Restructuring of Evacuee Property Trust Board.

In addition to her extensive work experience and professional achievements, Ms. Maheen Rahman holds a Bachelor of Science (Hons) degree in Economics from the Lahore University of Management Sciences (LUMS) and a Master of Science in Finance and Economics from Warwick Business School in the UK. She also has several capital markets certifications including Series 7 from the New York Stock Exchange and is a certified independent director from the Pakistan Institute of Corporate Governance and the Australian Institute of Company Directors.

Syed Mohammed Hussain
Director

Mohammed Syed is a senior business executive and General Counsel at a FTSE 100, with significant strategic, group-level experience in Board, Executive Committee & CEO advisory, ESG/Corporate Governance, International Law, Mergers & Acquisitions, Disputes, Audit, Risk, Cyber Security, Legal & Regulatory Compliance, and Crisis Management.

Mr. Syed has contributed to shaping global business strategies by driving large-scale transactions, optimizing operational efficiency, and leveraging technology to enhance corporate outcomes. His mission is to enable organizations to achieve impactful results through strategic legal guidance, innovative problem-solving, and collaborative leadership. He thrives in aligning business objectives with sustainable growth, promoting diverse perspectives, and fostering a culture of innovation.

As Shell General Counsel for Projects & Technology, he played a pivotal role in overseeing supply chain optimization, digital transformation, and global operational improvements.

In his role as VP for Government Relations, he was Shell’s most senior relationship executive working at Ministerial level with governments and multilateral institutions and at board level with the national oil companies, to promote Shell business interests.  Shell’s 27 country chairs in Asia from Australia and New Zealand, to China, Malaysia, Brunei, Philippines, India, and Pakistan reported into him. His areas of responsibility and expertise include advocacy on key international issues as well as reputation and media management, and through the country chair network, managing cross business accountabilities including functional responsibility for Shell’s Asia GR teams.

Mr. Syed read PPE at Oxford, then qualified as a barrister and practiced in the High Court in England, then qualified as a solicitor and became a partner at Reed Smith, global law firm.  He is also admitted to the Punjab High Court.

He has been the Shell nominated representative to Chatham House (The Royal Institute of International Affairs), The International Institute of Strategic Studies and The Royal Society of Asian Affairs and a Board member of key commercial or trade organizations including Netherlands Japan Society, Malaysia Business Council, the Pakistan Britain Trade and Investment Forum and the Singapore British Business Council.

Maheen Rahman Director

Ms. Maheen Rahman has over twenty years of experience in investment banking, research and asset management. Currently she serves as the Chief Executive Officer of InfraZamin Pakistan, a Private Infrastructure Development Group (UK) company, and has played a crucial part in setting up operations and developing a project pipeline. InfraZamin’s credit guarantees assist in de-risking projects and transactions to enable access to finance to underserved sectors and companies. Under her stewardship InfraZamin has developed and executed a number of award-winning transactions that have achieved local and global repute.

In her previous appointment, Ms. Maheen Rahman served as the Chief Executive of Alfalah GHP Investment Management where, under her leadership, Alfalah Investments has grown to be one of the largest asset management companies in Pakistan. Prior to that, she was the Chief Executive of IGI Funds, Head of Research at BMA Capital Management, Corporate Finance Associate at ABN AMRO Bank and Investment Banking analyst at Merrill Lynch. She has the experience of working across multiple geographies during her career.

Ms. Maheen Rahman has been featured on Fortune’s “40 Under 40’s women to watch” list, in 2015.  She also serves on a number of boards with notable directorships at the Securities and Exchange Policy Board, Independent Director at GlaxoSmithKlein Pakistan, Independent Director at Khaadi, Independent Director at Centre for Economic Research in Pakistan and Independent Director at Systems Limited.  She is also the former Director of Special Technology Zones Authority, former Director at Nasra Public Schools, Advisor to KatalystLabs, former Chairperson and Director of the Mutual Funds Association of Pakistan, former Director Pakistan Institute of Corporate Governance and former Member of the Prime Minister’s Task Force on Restructuring of Evacuee Property Trust Board.

In addition to her extensive work experience and professional achievements, Ms. Maheen Rahman holds a Bachelor of Science (Hons) degree in Economics from the Lahore University of Management Sciences (LUMS) and a Master of Science in Finance and Economics from Warwick Business School in the UK. She also has several capital markets certifications including Series 7 from the New York Stock Exchange and is a certified independent director from the Pakistan Institute of Corporate Governance and the Australian Institute of Company Directors.

Our Team
Faisal Khan

Chief Executive Officer

Muhammad Hisham

Chief Operating Officer

Syed Awais Amjad

Chief Financial Officer

Muhammad Aamir

Head of Information Technology

Syed Fazal Abbas

Regional Head Islamabad

Zahid Mehmood

Regional Head Lahore

Muhammad Waqas

Regional Head Karachi

Kashif Qayyum

Head of Claims

Mahnoor Masood

Head of Health Claims & Managed Care

Saniya Saeed Khan

Company Secretary & Legal Counsel

Hadia Tariq

Head of Human Resources

Saira Sheikh

Head of Compliance

Madiha Khalid Mirza

Head of Reinsurance

Waqas Mahmood Danish

Head of Risk Management

Feroze Polani

Head of Internal Audit

Iqbal Hassan

Head of Window Takaful Operations

Waqas Munir

Chief Investment Officer

TBD

Chief Risk Officer

Madiha Ahmad

Head of Brand Marketing

Syed Fazal Abbas Rizvi

Regional Head – Islamabad

 
Awais Ahmed

Regional Sales Manager – Islamabad

 
Muhammad Anas Mirza

Branch Manager – Gujranwala

 
Abdul Rehman

AGM (Development) – Gujranwala

 
Razia

Manager Development – Gujranwala

 
Mohsin Bilal Bari

Senior Manager Development – Gujranwala

 
Zulfiqar Ali

Branch Manager Assistant General Manager – Sialkot

 
Zahid Farman Bhutta

Manager Development – Sialkot

 
Ahsan Ilahi Bhutta

Business Development Officer – Sialkot

 
Shahrukh Qureshi

Manager Development – Sialkot

 
Fida Ali

Manager Development – Islamabad

 
Umair Hafeez

Manager Development – Islamabad

 
Kashif Shahid

Senior Manager Development – Islamabad

 
Syed Murid Abbas

Manager Development – Islamabad

 
Muhammad Hafeez

Senior Manager Development – Islamabad

 
Ahmed Zia

Senior Manager Development – Islamabad

 
Haroon Shafiq

Joint General Manager Development – Islamabad

 
Hamid Taqi

Manager Development – Islamabad

 
Muhammad Ashraf

Business Development Officer – Islamabad

 
Suneela Pervaiz

Deputy General Manager Development – Islamabad

 
Beenish Haroon

Assistant General Manager (Development) – Islamabad

 
Muhammad Arshad

Business Development Officer – Islamabad

 
Raja Rammez Rathore

Manager Development – Islamabad

 
Masood Akber

Manager Development – Islamabad

 
Aftab Zaidi

Manager Development – Islamabad

 
Syed Irtaza Abbas Kazmi

Sales Coordinator – Islamabad

 
Muhammad Adnan Tariq

AGM Branch Head – Peshawar

 
Shahab Yousuf

Manager Development – Peshawar

 
Muhammad Waqas

Regional Head KHI – Karachi

 
Muhammad Junaid

Regional Sales Manager KHI – Karachi

 
Syed Muhammad Ghazi

Joint General Manager Development – Karachi

 
Atif Zaheer

Business Development Officer – Karachi

 
Afaq Ahmed

Senior Manager Development – Karachi

 
Faisal Siddiq

Senior Manager Development – Karachi

 
Syed Ahsan Ali

Deputy General Manager Development – Karachi

 
Muhammad Munjaz Patel

Manager Development – Karachi

 
Faiza Kamran

Assistant General Manager (Development) – Karachi

 
Muhammad Arsalan

Business Development Officer – Karachi

 
Shahrukh Badar

Manager Development – Karachi

 
Samreen Zaman

Senior Manager Development – Karachi

 
Muhammad Faisal

Business Development Officer – Karachi

 
Muhammad Fahad

Business Development Officer – Karachi

 
Muhammad Hunain

Business Development Officer – Karachi

 
Muhammad Asad Iftikhar

Assistant General Manager (Development) – Karachi

 
Ayesha Majeed

General Manager Development – Karachi

 
Abdul Majeed

General Manager Development – Karachi

 
Abdul Qadir Muhammadi

General Manager Development – Karachi

 
Riffat Ali

Deputy General Manager (Development) – Karachi

 
Saad Jafri

Senior General Manager Development – Karachi

 
Irum Ali

Senior Manager Development – Karachi

 
Syed Asad Jafri

General Manager Development – Karachi

 
Sania Azeem

General Manager Development – Karachi

 
Safya Khalid

General Manager Development – Karachi

 
Khawar Abbas Zaheer

Assistant General Manager (Development) – Karachi

 
Faisal Hassan

Senior Manager Development – Karachi

 
Leenan Naveed

Senior Manager Development – Karachi

 
Aamir Ali Khan

Senior Manager Development – Karachi

 
Sobia Aamir

Senior Manager Development – Karachi

 
Haseeb Khan

Senior Manager Development – Karachi

 
Muhammad Usman Khan

Senior Manager Development – Karachi

 
Sumera Arsalan

Senior Manager Development – Karachi

 
Nusrat Khalid

Senior Manager Development – Karachi

 
Kiran Aryan Chauhan

Manager  – Karachi

 
Abdul Jabbar

Assistant Manager – Karachi

 
Zahid Mehmood

Regional Sales Manager – Lahore

 
Khurram Ikram

Regional Sales Manager – Lahore

 
Hammad Farooq Puri

Business Development Officer – Lahore

 
Zafar Ullah Khan

General Manager Development – Lahore

 
Neha Haider

General Manager Development – Lahore

 
Zoon-Nou-Raine

Senior Manager Development – Lahore

 
Syed Ayaz Ali Shah

Manager Development – Lahore

 
Umair Khan

Business Development Officer – Lahore

 
Jawad Rasheed Qayyum

Business Development Officer – Lahore

 
Malik Usman Asif

Business Development Officer – Lahore

 
Ghulam Ali Murtaza

Deputy General Manager Development – Lahore

 
M. Jamil Ahmed Rana

Senior Manager Development – Lahore

 
Muhammad Arif

Senior Manager Development – Lahore

 
Ikram Elahi

Assistant General Manager (Development) – Lahore

 
Syed Shahrukh Ali

Senior Manager Development – Lahore

 
Muhammad Anwar Sheikh

Senior Manager Development – Lahore

 
Syed Zeeshan Rafique

Assistant General Manager (Development) – Lahore

 
Muhammad Azeem

Business Development Officer – Lahore

 
Revive Consultancy (Pvt) Ltd

Deputy General Manager Development – Lahore

 
M. Awais Razzaq Chaudhry

Assistant General Manager (Development) – Lahore

 
Talha Amin Qureshi

Manager Development – Lahore

 
Ammad Hussain Hashmi

Senior Manager Development – Lahore

 
Ubaid Ur Rehman

Senior Manager Development – Lahore

 
Sadaf Zeeshan

Assistant General Manager (Development) – Lahore

 
Hammad Rizvi

Manager Development – Lahore

 
Iftikhar Ahmed Khalid

Business Development Officer – Lahore

 
Waris Noor

Manager Development – Lahore

 
Najib Tariq

General Manager Development – Lahore

 
Muhammad Sanaullah

Business Development Officer – Lahore

 
Nauman Razzaq

Senior Manager Development – Lahore

 
Nabiha Akram

Senior Manager Development – Lahore

 
Nadeem Akhtar

Joint General Manager Development – Lahore

 
Azhar Mumtaz Paracha

Business Development Officer – Lahore

 
Suhail Elahi

Assistant General Manager (Development) – Lahore

 
Kashif Hussain

Business Development Officer – Lahore

 
Muhammad Munir Khan

Manager Development – Lahore

 
Dure Shahwar

Business Development Officer – Lahore

 
Beenish Ahsan

General Manager Development – Lahore

 
Saima Mahmood

General Manager Development – Lahore

 
Abdullah Sohail

General Manager Development – Lahore

 
Mubeen Musharaf

General Manager Development – Lahore

 
Anoushay Shahjahan

General Manager Development – Lahore

 
Kamran Waseem

General Manager Development – Lahore

 
Zohaib Saddiqi

General Manager Development – Lahore

 
Hooriya Akbar

General Manager Development – Lahore

 
Laiba

General Manager Development – Lahore

 
Nayab

General Manager Development – Lahore

 
Mustafa Ahmed

General Manager Development – Lahore

 
Urooj Faizan

General Manager Development – Lahore

 
Ayesha Tayyaba Khan

General Manager Development – Lahore

 
Saira Ishaq

General Manager Development – Lahore

 
Muhammad Fahad Khan

General Manager Development – Lahore

 
Muhammad Shaharyar Khan

General Manager Development – Lahore

 
Mubashira Nasir

General Manager Development – Lahore

 
Samina Irshad

Senior Manager Development

 
Abbas Husain Bokharee

Deputy General Manager Development – Lahore

 
Mujahid Khan

Manager Development – Lahore

 
Saba Sajjad

Manager Development – Lahore

 
Saima Sami

Senior Manager Development – Lahore

 
Muhammad Imran

Deputy General Manager Development – Lahore

 
Bilal Liaquat

General Manager Development – Lahore

 
Imran Aslam

Joint General Manager Development – Lahore

 
Syed Awais Zaffar

Assistant General Manager (Development) – Lahore

 
Syed Azeem Munir

Assistant General Manager (Development) – Lahore

 
Asad Naeem Malik

Joint General Manager Development – Lahore

 
Amna Farooq

Manager Development – Lahore

 
Reashail Ahmed Sheikh

Manager Development – Lahore

 
Syed Muhammad Hussain

Manager Development – Lahore

 
Babar A Sheikh

General Manager Development – Lahore

 
Perwasha Malik

Assistant Manager – Lahore

 
Muhammad Akmal

Branch Head – Deputy General Manager – Faisalabad

 
Humayun Sarwar

Business Development Officer – Faisalabad

 
Ghulam Murtaza

Manager Development – Faisalabad

 
Shamas Mahmood

Manager Development – Faisalabad

 
Muhammad Mohsin Raza

Business Development Officer – Faisalabad

 
Farooq Raza

Branch Head & Zonal Manager – Multan

 
Faisal Iqbal

Business Development Officer – Multan

 
Omair Saeed Sheikh

Senior Manager Development – Multan

 
Tahira Masood

Manager Development – Multan

 
Rukhsana Anwar

Manager Development – Multan

 
Rashid Habib

Head Of Sales & Marketing – Multan Zone – Multan

 
Shahid Iqbal

Manager Development – Multan

 
Muhammad Mushtaq Najam

Senior Manager Development – Multan

 
Muhammad Javed

Branch Head Manager Development – Rahim Yar Khan

 
Madiha Ahmed

Deputy General Manager Development – Lahore Mall

 
Mubeen Qayyum Khan

Manager Development – Lahore Mall

A.F. FERGUSON & CO.
Chartered Accountants, Karachi
Ramday Law Associates, Hassan & Hassan, Lari & Co.
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