Universal Insurance Management
Management criteria checks 1/4
Universal Insurance's CEO is Shahin Kuli Khattak, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is PKR756.00K, comprised of 79.4% salary and 20.6% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth PKR535.18K. The average tenure of the management team and the board of directors is 1.3 years and 1.9 years respectively.
Key information
Shahin Kuli Khattak
Chief executive officer
PK₨756.0k
Total compensation
| CEO salary percentage | 79.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -PK₨167m |
| Dec 31 2023 | PK₨756k | PK₨600k | -PK₨155m |
Compensation vs Market: Shahin Kuli's total compensation ($USD2.71K) is below average for companies of similar size in the PK market ($USD72.81K).
Compensation vs Earnings: Insufficient data to compare Shahin Kuli's compensation with company performance.
CEO
Shahin Kuli Khattak
less than a year
Tenure
PK₨756,000
Compensation
Dr. Shahin Kuli Khan Khattak serves as CEO & Director of The Universal Insurance Company Limited since November 30, 2023. He serves as Executive Director at Janana De Malucho Textile Mills Limited since Au...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | less than a year | PK₨756.00k | 0.19% PKR 535.2k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Information Security Officer & Head of Grievance Department | no data | no data | no data | |
| Head of Reinsurance & Compliance Officer and Acting Head of Underwriting & Claims | no data | no data | no data | |
| MD & Principal Officer | no data | no data | 0.0060% PKR 17.3k | |
| Head of Risk Management | 2.1yrs | no data | no data | |
| Head of Internal Audit | no data | no data | no data | |
| Company Secretary | 9.8yrs | no data | no data |
1.3yrs
Average Tenure
Experienced Management: UVIC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | less than a year | PK₨756.00k | 0.19% PKR 535.2k | |
| Non-Executive Chairman | 1.9yrs | no data | 0.60% PKR 1.7m | |
| Non-Executive Director | 4.3yrs | no data | 0.55% PKR 1.6m | |
| Non-Executive Director | 4.3yrs | no data | 0.19% PKR 535.2k | |
| Non-Executive Director | 3.3yrs | no data | 0.0060% PKR 17.3k | |
| Independent Director | 1.4yrs | no data | 0.0050% PKR 14.4k | |
| Independent Director | less than a year | no data | 0.0050% PKR 14.4k |
1.9yrs
Average Tenure
Experienced Board: UVIC's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.