Atlas Insurance Management
Management criteria checks 2/4
Atlas Insurance's CEO is Babar Mirza, appointed in Apr 2018, has a tenure of 6.08 years. total yearly compensation is PKR46.76M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth PKR587.35. The average tenure of the management team and the board of directors is 4 years and 6.1 years respectively.
Key information
Babar Mirza
Chief executive officer
PK₨46.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.00001% |
| Management average tenure | 4yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | PK₨971m |
| Jun 30 2023 | n/a | n/a | PK₨769m |
| Mar 31 2023 | n/a | n/a | PK₨758m |
| Dec 31 2022 | PK₨47m | PK₨47m | PK₨719m |
| Sep 30 2022 | n/a | n/a | PK₨686m |
| Jun 30 2022 | n/a | n/a | PK₨790m |
| Mar 31 2022 | n/a | n/a | PK₨875m |
| Dec 31 2021 | PK₨33m | PK₨33m | PK₨835m |
Compensation vs Market: Babar's total compensation ($USD167.99K) is above average for companies of similar size in the PK market ($USD72.79K).
Compensation vs Earnings: Babar's compensation has increased by more than 20% in the past year.
CEO
Babar Mirza
6.1yrs
Tenure
PK₨46,755,000
Compensation
Mr. Babar Mahmood Mirza is Chief Executive Officer at Atlas Insurance Ltd. since April 16, 2018 and has been its Executive Director since April 10, 2018.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.1yrs | PK₨46.76m | 0.000010% PKR 587.4 | |
| CFO & Head of Accounts | 3.2yrs | no data | no data | |
| Head of HR & Admin | no data | no data | no data | |
| GM of Reinsurance | 3.2yrs | no data | no data | |
| General Manager of Sales & Marketing | no data | no data | no data | |
| Chief Internal Auditor & Head of Internal Audit | no data | no data | no data | |
| Head of Claims & Grievance and GM of Claims | no data | no data | no data | |
| Head of IT & CISO | 8.1yrs | no data | no data | |
| Head of Underwriting & Risk Management | no data | no data | no data | |
| Assistant VP & Head of Window Takaful Operation | 4.8yrs | no data | no data | |
| Head of Reinsurance | 3.2yrs | no data | no data | |
| Company Secretary | no data | no data | no data |
4.0yrs
Average Tenure
Experienced Management: ATIL's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.1yrs | PK₨46.76m | 0.000010% PKR 587.4 | |
| Non Executive Chairman | 4.6yrs | no data | 0% PKR 0 | |
| Non-Executive Director | 6.1yrs | no data | 0.039% PKR 2.3m | |
| Non-Executive Director | 16.8yrs | no data | 0.00071% PKR 41.7k | |
| Independent Non-Executive Director | 6.1yrs | PK₨700.00k | 0.00012% PKR 7.0k | |
| Independent Non-Executive Director | 6.1yrs | PK₨600.00k | 0% PKR 0 | |
| Non-Executive Director | 5.8yrs | PK₨300.00k | 0.0065% PKR 380.6k |
6.1yrs
Average Tenure
Experienced Board: ATIL's board of directors are considered experienced (6.1 years average tenure).