United Insurance Company of Pakistan Management
Management criteria checks 2/4
United Insurance Company of Pakistan's CEO is Mohammad Shahid, appointed in May 2021, has a tenure of 2.92 years. directly owns 5.5% of the company’s shares, worth PKR241.13M. The average tenure of the management team and the board of directors is 3 years and 4.7 years respectively.
Key information
Mohammad Shahid
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.9yrs |
| CEO ownership | 5.5% |
| Management average tenure | 3yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO
Mohammad Shahid
2.9yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.9yrs | PK₨2.10m | 5.5% PKR 241.1m | |
| President & Director | no data | no data | 0.0084% PKR 367.1k | |
| Chief Financial Officer | no data | no data | no data | |
| COO & Executive Director | 3yrs | no data | no data | |
| Chief Compliance Officer and Head of Compliance & Risk Management | no data | no data | no data | |
| General Manager of HR & R | no data | no data | no data | |
| Executive Director of Finance & Head of Takaful Operations | 3.3yrs | no data | no data | |
| Head of Conventional Business | no data | no data | no data | |
| Head of Takaful Business & Deputy MD | no data | no data | no data | |
| Executive Director | no data | no data | 0.0064% PKR 279.4k | |
| Chief Manager of Web | no data | no data | no data | |
| Head & Senior Executive Director of Underwriting | no data | no data | no data |
3.0yrs
Average Tenure
Experienced Management: UNIC's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.9yrs | PK₨2.10m | 5.5% PKR 241.1m | |
| President & Director | no data | no data | 0.0084% PKR 367.1k | |
| Executive Director | no data | no data | 0.0064% PKR 279.4k | |
| Non-Executive Director | 2.6yrs | no data | 0.0033% PKR 144.3k | |
| Non-Executive Director | no data | no data | 0.00056% PKR 24.6k | |
| Independent Director | 7.5yrs | no data | 0.00093% PKR 40.8k | |
| Independent Chairman of the Board | 6.4yrs | no data | 0% PKR 0 |
4.7yrs
Average Tenure
Experienced Board: UNIC's board of directors are considered experienced (4.7 years average tenure).