The United Insurance Company of Pakistan Limited

KASE:UNIC Stock Report

Market Cap: PK₨5.5b

United Insurance Company of Pakistan Management

Management criteria checks 1/4

United Insurance Company of Pakistan's CEO is Mohammad Shahid, appointed in May 2021, has a tenure of 3.5 years. directly owns 5.5% of the company’s shares, worth PKR303.08M. The average tenure of the management team and the board of directors is 3.6 years and 0.6 years respectively.

Key information

Mohammad Shahid

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.5yrs
CEO ownership5.5%
Management average tenure3.6yrs
Board average tenureless than a year

Recent management updates

Recent updates


CEO

Mohammad Shahid

3.5yrs

Tenure

PK₨2,100,000

Compensation

Mian Mohammad Akram Shahid serves as the Chief Executive Officer and Managing Director at SPI Insurance Company Ltd. (formerly known as Saudi Pak Insurance Company Ltd.). He serves as Director at The Unite...


Leadership Team

NamePositionTenureCompensationOwnership
Mohammad Shahid
CEO & Executive Director3.5yrsPK₨2.10m5.5%
PKR 303.1m
Khawas Niazi
President & Directorno datano data0.0084%
PKR 461.5k
Maqbool Ahmed
Chief Financial Officerno datano datano data
Amir Hameed
COO & Executive Director3.6yrsno datano data
Ali Bhatti
Chief Compliance Officer and Head of Compliance & Risk Managementno datano datano data
Wakeel Mirza
General Manager of HR & Rno datano datano data
Raja Tariq
Executive Director of Finance & Head of Takaful Operations3.8yrsno datano data
Tajammal Iqbal
Head of Conventional Businessno datano datano data
Shakeel Ahmed
Head of Takaful Business & Deputy MDno datano datano data
Huma Waheed
Female Executive Directorno datano data0.0064%
PKR 351.2k
Mohammad Arshad
Chief Manager of Webno datano datano data
Syed M. Imam
Head & Senior Executive Director of Underwritingno datano datano data

3.6yrs

Average Tenure

Experienced Management: UNIC's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mohammad Shahid
CEO & Executive Director3.5yrsPK₨2.10m5.5%
PKR 303.1m
Khawas Niazi
President & Directorno datano data0.0084%
PKR 461.5k
Huma Waheed
Female Executive Directorno datano data0.0064%
PKR 351.2k
Muhammad Khan
Chairmanless than a yearno datano data
Mohammed Sadiq
Non-Executive Director3.2yrsno data0.0033%
PKR 181.4k
Abdul Shahid
Directorless than a yearno datano data
Ihsan ul Khan
Directorless than a yearno datano data

0.6yrs

Average Tenure

Experienced Board: UNIC's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.