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Karachi, Shaheen Insurance Company Ltd. has appointed Air Vice Marshal (Retd.) Junaid Ahmed Siddiqui as its new Director and Chairman of the Board. The announcement states that he will assume these roles effective May 17, 2024, replacing Air Marshal (Retd.) Muhammad Arif Pervaiz. According to information available from the Pakistan Stock Exchange (PSX), the appointments are contingent upon the approval of the Securities and Exchange Commission of Pakistan. The changes in leadership are expected to be communicated to the TRE Certificate Holders of the Exchange.
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