A GENERAL INSURANCE COMPNY REQUIRES
CHIEF EXECUTIVE OFFICER
An Un-listed Public Limited General Insurance Company, having its Head Office at Karachi is looking to hire Chief Executive Officer (CEO) to be positioned at its Head Office in Karachi. The company is committed to providing General Insurance services to private sector.
1. Minimum Required Qualification and Experience
a) ACII or FCII with at least 10 years of experience out of which 5 years as a Key Officer in a Leadership Role (as defined in Insurance Companies Sound and Prudent Management Regulations, 2012) in the insurance industry.
b) He must fulfill the eligibility criteria mentioned under section 187 of the Companies Ordinance, 1984 and conditions laid down in Insurance Companies Sound and Prudent Management Regulations. 2012.
a) The CEO will be responsible for the efficient management of the Company and for its effective control in operational, commercial, financial, legal and other matters, subject to the oversight and directions of the Board of Directors. His responsibilities include implementation of strategies and policies approved by the Board, making appropriate arrangements to ensure that funds and resources are properly safeguarded and are used economically, efficiently and effectively in accordance with all statutory obligations.
b) He will be responsible to look after the business of the company in accordance with the Companies Ordinance, 1984, Memorandum and Articles of Association, SECP Corporate Governance Rules and other instructions, policies issued by the Government and its regulating bodies from time to time.
3. Pay package
Negotiable based on qualification and experience.
4. The appointment will be on contract basis for a period of three years, detailed terms & conditions will be settled in the contract.
5* Eligibility will be determined and selection will be finalized as per company’s policy. Only shortlisted applicants will be invited for an interview. The candidates shall not be entitled for any TA/DA while appearing for the interview.
Interested candidates are required to send their applications marked “Chief Executive Officer” with latest CV, copies of certificates and degrees, CNIC and two recent photographs within 15 days after the publication of this advertisement to The News, Box No. 571 Karachi. _