Last Updated : 30/May/2019
Governance
PROFILES OF THE BOARD OF DIRECTORS

                      


Ms. Nargis Ghaloo
Chairperson
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Ms. Nargis Ghaloo, retired as Federal Secretary has been the Chairperson of State Life Insurance Corporation of Pakistan. She has diversified experience and lead many government department as well. As presently she is also director in the Board of JS Bank Limited

 

                      


Mr. Mushtaq Ahmed Shah
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Mushtaq Ahmed Shah having done Masters in Commerce and Diploma in Public Administration and equipped with extensive background in Criminal Investigations and Patrol, he has worked for Pakistan Police Service for 32 years in various assignments. Before serving on the Board of Alpha Insurance Company he had following experiences: 1. Joined Government Service as ASP 21-09-1981 2. Worked for 31 years in different capacities, prominent of them are below. a. CSO (Chief Security Officer) to Prime Minister of Pakistan 1989-1990. b. Chief Financial Crime Control Wing (FIA). c. IG Prisons (Sindh) 2008-2009. d. Chairman Anti-Corruption Establishment (Sindh) 2009-2010. e. Inspector General of Police, Sindh (2011 – 2012). f. Member BOD, PPHI, Sindh. g. Worked as Chairman of BOD of NICL.

                      


Mr. Farrukh Ahmad Hamidi
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Farrukh Ahmad Hamidi (BS-21) is a Federal government officer. He joined Civil Services in 1986. Presently posted as Executive Director, State Life Insurance Corporation of Pakistan. Before that he has held the position of Deputy Auditor General (South), a formation of Auditor General of Pakistan. In addition, he remained posted on leading Financial & Administration positions in Federal, Provincial Government and Public Sector Enterprises. He has vast professional experience in Senior Management positions in diversified fields such as Public Sector Management, Administration, Education, Aviation, Trade & Commerce and Audit etc. He holds the Directorship in Pak Datacom Limited.

                      


Mr. Muhammad Izqar Khan
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Did his B. Com in 1985 from University of Punjab, MBA (Major in Marketing) from Clayton University, Greenwich Colleges (UK) in 1987 and ACMA from The Chartered Institute of Management Accountants – London (CIMA) in 1993. He joined State Life Insurance Corporation in 1995 as AGM and since then has performed in many divisions and department of the Corporation. Presently he is serving as Executive Director (Marketing, Information Technology, Takaful and Bancassurance).

                      


Mr. Athar Hussain Khokhar
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

He is a Civil Servant of Federal Government and presently posted at State Life Insurance Corporation of Pakistan since Jan 2017 as General Manager / Divisional Head.


                      


Mr. Muhammad Rashid
Director,
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Muhammad Rashid has done C.I.A from the Institute of Internal Auditors (IIA), USA in 2002, F.C.M.A (Institute of Cost and Management Accountants of Pakistan) in 1994 and F.L.M.I, (Fellow of Life Management Institute), USA in 1997.

Mr. Muhammad Rashid has served in various capacities and got experience in the fields of Life Insurance, Accounts & Finance, Auditing, Investment , Inter-department Co-ordination and has held key positions in various departments.

He is presently serving as General Manager (Finance & Accounts) at State Life Insurance Corporation of Pakistan (“AAA” rated by PACRA), which has offices across Pakistan as well as in Middle East and is one of the largest Real Estate owners in the country.

Currently he is on the Board of State Life Abdullah Haroon (Pvt.) Limited and State Life Lackie Road (Pvt.) Limited besides being on the Governing Bodies of Pakistan Insurance Institute and Insurance Association of Pakistan.


                      


Mr. Mushtaq Ahmad
Director
Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Mushtaq Ahmad is a fellow member of the Institute of Cost and Management Accountants of Pakistan (ICMAP) and completed his Bachelor in Commerce. He has vast experience of Finance & Accounts / Commercial Audit and is currently working as Divisional Head (HRDD) at the State Life. Following are his working credentials: 1. Agha Khan University-From 1985-1994 2. Glaxo Welcome (Pakistan) Ltd. -From 1994 to 1995 3. Joined State Life in 1996 4. Joined Budget and Accounts in 2003 5. Promoted AGM (Finance & Accounts / Commercial Audit) in 2008 6. Promoted as DGM (Finance & Accounts / Commercial Audit) in 2012


                      


Mr. Nadeem Bessey
CEO
Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Nadeem Bessey did his MBA from IBA, Karachi in 1984. He is a seasoned insurance executive with over 33 years of experience with the insurance industry, particularly: business development, management and analysis. He worked at State Life Corporation of Pakistan across multiple divisions, including: investment, finance and account, group and pensions and health and accident. Under his leadership, State Life has established the health insurance division, securing two mega social health protection government projects. The programs have been successfully implemented, enrolling over 30 million individuals, and providing treatment to over 300,000 patients.


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