Last Updated : 31/March/2022
Governance
PROFILES OF THE BOARD OF DIRECTORS

                      


Mr. Taseer Yousaf Makhdoom
Chairman
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Taseer Yousaf Makhdoom is a graduate from Multan University. He started his career with State Life in 1972 and rose to the level of Divisional Head Marketing, Advertising, Sale Promotion and Training of State Life Insurance. He has a vast experience of Insurance Sales, Marketing and Agency Management, which gave him the opportunity to flourish the life insurance framework in all the provinces of Pakistan. Mr. Taseer has invested more than four decades in Insurance industry and therefore, has diverse exposure of both public and private sector of insurance, including a multinational companies. He is also amongst a few Life Insurance Professionals who are honored to be known as the Life insurance Guru.

                      


Dr. Faiz Illahi Memon
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Dr. Faiz Illahi Memon did MBBS from Liaquat Medical College, Jamshoro, Sindh. He also did L.L.B. and M.A. (Economics) from University of Sindh. He joined Federal Service in 1989. He has diversified experience and lead many government departments. Currently, he is serving as Executive Director at State Life Insurance Corporation of Pakistan.

                      


Mr. Muhammad Izqar Khan
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Did his B. Com in 1985 from University of Punjab, MBA (Major in Marketing) from Clayton University, Greenwich Colleges (UK) in 1987 and ACMA from The Chartered Institute of Management Accountants – London (CIMA) in 1993. He joined State Life Insurance Corporation in 1995 as AGM and since then has performed in many divisions and department of the Corporation. Presently he is serving as Executive Director (Marketing, Information Technology, Takaful and Bancassurance).

                      


Mr. M. Veqaruddin Arif
Non-Executive Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. M. Veqaruddin Arif is a fellow member of Institute of Chartered Accountants Pakistan and Fellow Member of Institute of Corporate Secretaries Pakistan. He joined Archroma Pakistan Limited in 1990 where he served 31 years. He retired from Archroma Pakistan Limited in 2020 as Chief Financial Officer (CFO) & Director and Company Secretary.

                      


Mr. Faisal Mumtaz
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Faisal Mumtaz started his career as an Actuarial student at State Life Insurance Corporation of Pakistan in 1996 and become Fellow of Society of Actuaries, USA in 2006. Having more than 22 years of experience as an Actuary, he has held some of the key positions which include Head of Actuarial Division, Head of Operations & Chief Risk Officer.

                      


Mr. Mushtaq Ahmad
Director
Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Mr. Mushtaq Ahmad is a fellow member of the Institute of Cost and Management Accountants of Pakistan (ICMAP) and completed his Bachelor in Commerce. He has vast experience of Finance & Accounts / Commercial Audit and is currently working as Divisional Head (Investment) at the State Life. Following are his working credentials: 1. Agha Khan University-From 1985-1994 2. Glaxo Welcome (Pakistan) Ltd. -From 1994 to 1995 3. Joined State Life in 1996 4. Joined Budget and Accounts in 2003 5. Promoted AGM (Finance & Accounts / Commercial Audit) in 2008 6. Promoted as DGM (Finance & Accounts / Commercial Audit) in 2012

                      


Dr. Ghazal Nafees
Director
 Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Dr. Ghazal Nafees Completed MBBS from Dow Medical College, Karachi in 1980 and also completed DCH from Jinnah Postgraduate Medical Center (JPMC), University of Karachi. She retired from State Life Insurance Corporation of Pakistan in 2006 as a General Manager (Medical).

                      


Dr. Syed Arif Hussain
CEO
Alpha Insurance Company Limited,
4th Floor, Building no. 1-B,
State Life Square, off I. I. Chundrigar Road, Karachi.

Dr. Syed Arif Hussain holds M.B.B.S. and Master’s Degree in Business Administration. His professional experience is spread over 24 years at progressive senior level positions and has the experience of underwriting, reinsurance, claims management and marketing with the State Life Insurance Corporation of Pakistan, Dawood Family Takaful Limited as a Chief Executive Officer. He also headed Takaful Pakistan Limited a Non-Life Takaful Company and Excel Insurance Company Limited and Head of Takaful of East West Insurance Company Limited.

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