IGI Life Insurance Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ali Nadim

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.9yrs
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	10.7yrs

Recent management updates

Recent updates

CEO

Ali Nadim

1.9yrs

Tenure

Mr. Ali Nadim, FSA serves as Chief Executive Officer at IGI Life Insurance Limited since 2023 and served as its Deputy Chief Executive Officer from 2022 until 2023, Chief Operating Officer from October 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ali Nadim	CEO & Director	1.9yrs	no data	no data
Abdul Kasbati	Chief Financial Officer	no data	no data	no data
Waqas Munir	Group Chief Investment Officer	less than a year	no data	no data
Atif Usman	Head of Compliance	no data	no data	no data
Madiha Ahmad	Head of Marketing	3.9yrs	no data	no data
Hadia Tariq	Head of Human Resource	no data	no data	no data
Aijaz Saleem	Head of Corporate Business	no data	no data	no data
Muhammad Shah	Head of Underwriting	no data	no data	no data
Muhammad Jamil	Head of Agency Sales & Agency Services	no data	no data	no data
Raheel Rehman	Head of Takaful	2.3yrs	no data	no data
Mahnoor Masood	Head of Managed Care & Claims	2.3yrs	no data	no data
Salman Sethi	Head of Banca	2.9yrs	no data	no data

2.3yrs

Average Tenure

Experienced Management: IGIL's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ali Nadim	CEO & Director	1.2yrs	no data	no data
Syed Ali	Non-Executive Director	no data	no data	0.56% PKR 14.9m
Shamim Khan	Non-Executive Chairman of the Board	10.7yrs	no data	0.00041% PKR 10.8k
Syed Ali	Non-Executive Director	10.7yrs	no data	0.0032% PKR 85.4k
Mohammad Syed	Non-Executive Director	no data	no data	0.00041% PKR 10.8k
Khurram Bakhtayari	Non-Executive Director	10.7yrs	no data	0.00041% PKR 10.8k
Zehra Naqvi	Independent Director	no data	no data	0.00041% PKR 10.8k
Faresa Ahsan	Independent Director	no data	no data	0.00041% PKR 10.8k

10.7yrs

Average Tenure

Experienced Board: IGIL's board of directors are seasoned and experienced ( 10.7 years average tenure).

IGI Life Insurance Management

Management criteria checks 2/4

Key information

Recent management updates

IGI Life Insurance Limited Appoints Saniya Saeed Khan as Company Secretary

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: PK₨0.46 (vs PK₨0.23 in 3Q 2023)

IGI Life Insurance Limited Appoints Saniya Saeed Khan as Company Secretary

Second quarter 2024 earnings released: EPS: PK₨0.37 (vs PK₨0.23 in 2Q 2023)

Investor sentiment improves as stock rises 18%

First quarter 2024 earnings released: EPS: PK₨0.25 (vs PK₨0.13 in 1Q 2023)

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: PK₨0.23 (vs PK₨0.037 in 3Q 2022)

Second quarter 2023 earnings released: EPS: PK₨0.22 (vs PK₨0.042 in 2Q 2022)

Upcoming dividend of PK₨4.50 per share

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

Full year 2022 earnings released: EPS: PK₨0.25 (vs PK₨2.05 loss in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: PK₨0.04 (vs PK₨0.40 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: PK₨0.04 (vs PK₨0.46 loss in 2Q 2021)

Less than half of directors are independent

First quarter 2022 earnings released: EPS: PK₨0.02 (vs PK₨0.37 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: PK₨2.05 loss per share (vs PK₨0.56 loss in FY 2020)

Third quarter 2021 earnings released: PK₨0.40 loss per share (vs PK₨0.13 loss in 3Q 2020)

Second quarter 2021 earnings released: PK₨0.46 loss per share (vs PK₨0.28 loss in 2Q 2020)

First quarter 2021 earnings released: PK₨0.37 loss per share (vs PK₨0.005 profit in 1Q 2020)

Full year 2020 earnings released: PK₨0.56 loss per share (vs PK₨1.29 loss in FY 2019)

New 90-day low: PK₨51.00

IGI Life Insurance Limited Announces Change of Company Secretary

New 90-day high: PK₨61.27

Third quarter earnings released

New 90-day high: PK₨47.45

New 90-day high - PK₨40.85

First half earnings released

New 90-day high - PK₨36.99

New 90-day high - PK₨33.29

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure