Askari General Insurance Co. Ltd. has announced the resignation of Lt. Gen.

Naveed Mukhtar (Retd) as the Chairman and Member of the Board of Directors (BOD), effective January 16, 2024. This departure marks a significant change in the company's leadership structure. The company has communicated its commitment to fill the casual vacancy created by Lt.

Gen. Naveed Mukhtar's resignation within the stipulated time. Further details regarding the appointment of a new Chairman will be shared with the Pakistan Stock Exchange and the public as soon as the selection process is completed.

Lt. Gen. Naveed Mukhtar's tenure as Chairman was marked by his vast experience and leadership, contributing significantly to the strategic direction of Askari General Insurance Co.

Ltd. The company extends its gratitude for his service and contributions during his time in office.