BR100 Decreased By (-0.95%)
BR30 Decreased By (-1.6%)
KSE100 Decreased By (-0.75%)
KSE30 Decreased By (-0.72%)
AGHA 6.69 Increased By ▲ 0.01 (0.15%)
BECO 4.39 Increased By ▲ 0.02 (0.46%)
BML 56.00 Decreased By ▼ -1.32 (-2.3%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.92 Decreased By ▼ -0.20 (-1.52%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.49 Decreased By ▼ -1.30 (-2.46%)
FFL 14.47 Decreased By ▼ -0.25 (-1.7%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.05 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.86 Increased By ▲ 0.13 (2.27%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.25 Decreased By ▼ -1.91 (-2.05%)
NBP 164.26 Decreased By ▼ -0.40 (-0.24%)
NCPL 53.21 Decreased By ▼ -2.45 (-4.4%)
NPL 59.40 Decreased By ▼ -1.76 (-2.88%)
OGDC 312.80 Decreased By ▼ -3.93 (-1.24%)
PACE 9.72 Decreased By ▼ -0.15 (-1.52%)
PAEL 35.28 Decreased By ▼ -0.35 (-0.98%)
PIBTL 14.72 Increased By ▲ 0.04 (0.27%)
PPL 221.00 Decreased By ▼ -5.91 (-2.6%)
PRL 90.90 Decreased By ▼ -2.12 (-2.28%)
PTC 59.00 Decreased By ▼ -1.26 (-2.09%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.71 Decreased By ▼ -0.04 (-0.46%)
TELE 7.57 Decreased By ▼ -0.23 (-2.95%)
TPL 22.08 Decreased By ▼ -0.27 (-1.21%)
TPLP 12.55 Decreased By ▼ -0.42 (-3.24%)
TREET 21.77 Decreased By ▼ -0.39 (-1.76%)
TRG 55.69 Decreased By ▼ -0.87 (-1.54%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Business & Finance Print edition: 2025-08-07

Cabinet appoints Shoaib as SLIC CEO for another 3 years

Published Updated
Save
1 min
Comments
By Recorder Report
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: Shoaib Javed Hussain has been appointed as the Chief Executive Officer of State Life Insurance Corporation of Pakistan (SLIC), for further 3 years effective August 6, 2025. The Federal Cabinet, on the recommendation of the Ministry of Commerce, has appointed Shoaib as the CEO of SLIC. Previously, he took charge of CEO in March 2021.

The corporation has undergone a significant transformation, marked by innovation and significant growth, since Hussain took charge in March 2021.

In just four years, SLIC has grown its market share, recording an extraordinary 300 percent increase in profit, a 181 percent surge in revenue growth, and a 100 percent increase in profit allocated to policyholders. Growth has been driven by accelerated digital transformation, the launch of innovative products, and enhancements in service delivery.

Copyright Business Recorder, 2025

Federal Cabinet Shoaib Javed Hussain SLIC State Life Insurance Corporation of Pakistan

Comments

Comments are closed for this article.

More Stories

Browse all stories