The Universal Insurance Company Limited announced the resignation of its Chief Financial Officer, Mr. Abdul Waheed Chaudhry. This development, effective from December 20, 2023, marks a significant change in the company's executive leadership. The resignation of a Chief Financial Officer is a notable event for any company, especially in the financial sector, as it can signal changes in the company's financial strategy and management.

The Universal Insurance Company Limited's announcement did not specify the reasons behind Mr. Chaudhry's resignation or mention a successor.