Shaheen Insurance Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Syed Akhtar

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.5yrs
CEO ownership	n/a
Management average tenure	2.5yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Syed Akhtar

2.5yrs

Tenure

Mr. Syed Rizwan Akhtar serves as Chief Executive Officer at Shaheen Insurance Company Limited since October 25, 2021 and served as its Chief Financial Officer since October 25, 2021.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Syed Akhtar	Chief Executive Officer	2.5yrs	no data	no data
Nisar Almani	CFO & Company Secretary	no data	no data	no data
Kashif Naeem	Compliance Officer & Risk Officer	no data	no data	no data
Kashif Ilyas	Head of Grievance Function	no data	no data	no data
Sayyam Maqsood	Head of Internal Audit	3yrs	no data	no data
Abdul Hamid	Head of Window Takaful Operations	no data	no data	no data
Muhammad Imran	Head of Claims & Grievance Function	no data	no data	no data
Sumbul Faraz	Head of Underwriting & Reinsurance	no data	no data	no data
Sohaib Khan	Executive VP & Country Head of Business	less than a year	no data	no data
Mufti Ahmed Qazi	Shariah Advisor & Shariah Advisory Board Member	no data	no data	no data
Zafar Husnain	Shariah Compliance Officer	no data	no data	no data

2.5yrs

Average Tenure

Experienced Management: SHNI's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mufti Ahmed Qazi	Shariah Advisor & Shariah Advisory Board Member	no data	no data	no data
Muhammad Pervaiz	Non-Executive Chairman	4.2yrs	no data	0.00083% PKR 2.4k
Mufti Zahid	Shariah Advisory Board Member	no data	no data	no data
Farrah Khan	Independent Female Director	3.2yrs	no data	0.00083% PKR 2.4k
Wasim Khan	Non-Executive Director	3.2yrs	no data	0.00083% PKR 2.4k
Adeel Bokhari	Non-Executive Director	3yrs	no data	0.00083% PKR 2.4k
Tausif Sadiq	Non-Executive Director	1.6yrs	no data	0.00083% PKR 2.4k
Jehangir Shah	Independent Director	1.8yrs	no data	0.00083% PKR 2.4k
Muhammad Janjua	Non-Executive Director	less than a year	no data	no data

3.0yrs

Average Tenure

Experienced Board: SHNI's board of directors are considered experienced (3 years average tenure).

Shaheen Insurance Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Shaheen Insurance Company Limited Appoints Rizwan Akhtar as Chief Executive Officer

Less than half of directors are independent

Less than half of directors are independent

Shaheen Insurance Company Limited Appoints Wasim Ahmed Khan as Director

Shaheen Insurance Company Limited Ceases Air Commodore Ahsan Muhammad Khan as Director

Recent updates

Investor sentiment improves as stock rises 1,121%

Upcoming dividend of PK₨0.25 per share

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

Shaheen Insurance Company Limited Appoints Rizwan Akhtar as Chief Executive Officer

Full year 2022 earnings released: EPS: PK₨0.89 (vs PK₨0.52 in FY 2021)

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨0.10 (vs PK₨0.16 in 3Q 2020)

Investor sentiment improved over the past week

Non-Executive Director Mahmood Ahmad has left the company

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS PK₨0.30 (vs PK₨0.14 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS PK₨0.10 (vs PK₨0.27 in 1Q 2020)

Non-Executive Director has left the company

Full year 2020 earnings released: EPS PK₨0.59 (vs PK₨1.00 in FY 2019)

Shaheen Insurance Company Limited Appoints Wasim Ahmed Khan as Director

New 90-day high: PK₨5.33

Shaheen Insurance Company Limited Ceases Air Commodore Ahsan Muhammad Khan as Director

Investor sentiment improved over the past week

New 90-day high: PK₨5.01

Shaheen Insurance Company Limited Ceases Air Commodore Jamshed Iqbal as Director

New 90-day high: PK₨4.90

Investor sentiment improved over the past week

Market bids up stock over the past week

Third quarter earnings released

New 90-day high - PK₨4.76

First half earnings released

New 90-day high - PK₨3.62

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure