Federal govt appoints former senator Saleem Zia as chairman board of slic

Karachi
The State Life Insurance Corporation of Pakistan (SLIC) is pleased to announce that Senator Saleem Zia has been appointed as the Chairman of the Board of Directors, following a formal notification from the Ministry of Commerce.
Mr. Zia brings to SLIC a distinguished public service track record. He served in the Senate from 2015 to 2021, representing Punjab, and has long been recognized for his leadership and governance expertise.
“I am deeply honoured to lead the Board of SLIC,” said Mr. Zia. “At a time when protection, health coverage, and financial resilience are more important than ever, I look forward to working closely with the Board and management to advance the Corporation’s mission, strengthen its service to millions of Pakistanis, and continue working for the best advantage of our communities nationwide.”
In parallel with Mr. Zia’s appointment, the government has strengthened the Board’s oversight capacity by appointing Mr. Khaqan Murtaza and Mr. Shehryar Iftikhar Khan as independent directors.
The appointments were made under the relevant provisions Life Insurance Nationalization Order, 1972 (LINO), and recent State-Owned Enterprises Act, 2023, as noted in the government notification.
Mr. Shoaib Javed Hussain, CEO of SLIC, welcomed the appointment, stating, “We are delighted to welcome Senator Saleem Zia’s as the Independent Chairman of the Board of Directors. We look forward to benefitting from his strong public-sector experience and his passion for public service towards the people of Pakistan.
His engagement together with our new Independent Board Directors will further strengthen the Board’s strategic direction; especially at a time as we look to accelerate SLIC’s transformation, expand digital services, and continue to enhance financial protection to millions of Pakistani families.”
About State Life Insurance Corporation of Pakistan (SLIC)
Established in 1972, the State Life Insurance Corporation of Pakistan (SLIC) has stood as a symbol of financial stability and reliability. As the country’s largest public sector life and health insurer, it has consistently maintained a AAA rating and remains a trusted institution for millions of Pakistanis. Backed by the Government of Pakistan, SLIC plays a central role in advancing national goals of financial security, social protection, and economic inclusion by providing accessible, reliable, and inclusive life and health insurance solutions to individuals, families, and businesses across Pakistan.