Asia Insurance Company Limited

KASE:ASIC Stock Report

Market Cap: PK₨1.0b

Asia Insurance Management

Management criteria checks 2/4

Asia Insurance's CEO is Zain Ul Qureshi, appointed in Jul 2021, has a tenure of 3.17 years. directly owns 2.93% of the company’s shares, worth PKR30.52M. The average tenure of the management team and the board of directors is 5.4 years and 7.2 years respectively.

Key information

Zain Ul Qureshi

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.2yrs
CEO ownership2.9%
Management average tenure5.4yrs
Board average tenure7.2yrs

Recent management updates

Recent updates


CEO

Zain Ul Qureshi

3.2yrs

Tenure

Mr. Zain Ul Haq Qureshi has been an Executive Director of Asia Insurance Company Limited since January 10, 2012 and serves as its Chief Executive Officer since July 01, 2021.


Leadership Team

NamePositionTenureCompensationOwnership
Zain Ul Qureshi
CEO & Executive Director3.2yrsno data2.93%
PKR 30.5m
Rafia Ashraf
Chief Financial Officerless than a yearno datano data
Shahbaz Hameed
Deputy General Manager of HR/Admin & Legal Headno datano datano data
Shazia Hafeez
Company Secretary & Compliance Officer7.8yrsno datano data
Muhammad Qureshi
Head of Agri & Corporateno datano datano data
Asif Mughal
Manager of Claims & Head of Departmentno datano datano data
Mustjab Ahmed
Manager Co-Insurance Underwriting & Head of Departmentno datano datano data
Muhamnmad Masood
Manager & Head of Re-Insuranceno datano datano data
Muhammad Chauhan
Head of Health Insurance7.6yrsno datano data
Riaz Shah
Executive Vice Presidentno datano datano data
Iftikhar Ahmad
Manager & HOD of Internal Auditno datano datano data
Abdul Hamid
Head of Window Takaful Operationsno datano datano data

5.4yrs

Average Tenure

Experienced Management: ASIC's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zain Ul Qureshi
CEO & Executive Director12.7yrsno data2.93%
PKR 30.5m
Wajahat Khan
Independent Directorless than a yearno datano data
Ihtsham ul Qureshi
Non-Executive Chairman12.7yrsno data64.26%
PKR 668.5m
Nosheen Qureshi
Non-Executive Directorno datano data0.60%
PKR 6.2m
Khawaja Iftikhar
Non-Executive Director12.7yrsno data0.0027%
PKR 28.5k
Hassan Khan
Independent Director7.8yrsno data0.0018%
PKR 19.0k
Thibaud Ponchon
Non-Executive Director6.6yrsno datano data
Syed Murtaza Nadir
Independent Directorless than a yearno datano data
Shiza Hassan
Directorless than a yearno datano data

7.2yrs

Average Tenure

Experienced Board: ASIC's board of directors are considered experienced (7.2 years average tenure).