Appointment of Director of IGI Holdings Limited (12-09-2019).

Karachi: IGI Holdings Limited informed Pakistan Stock Exchange that Mr. Hassan Askari has been appointed as Director of the Company with effect from September 11, 2019 in place of Mr. Osman Khalid Waheed.

IGI Holdings Limited a Packages Group Company, was incorporated in Pakistan as a public limited company in 1953 under Companies Ordinance, 1984. The insurance company is engaged in providing general insurance services in spheres of Fire, Marine, Motor, Health and Miscellaneous. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the Company is located in Karachi.

The company is currently engaged in the process of acquisition of American Life Insurance Company for the acquisition of ownership interest of 40,986,690 ordinary shares...