Syed Hyder Ali, assumed the charge of first CEO on newly IGI life Insurance ltd. Earlier the SECP has permitted the change of name of M/S American life insurance Company Pakistan ltd to IGI life insurance ltd Company .The CEO of IGI life Syed Hyder Ali graduated from University of Michigan, USA with a Bachelor of Science degree in Chemical Engineering in 1979. He completed his Master of Science, specializing in paper chemistry. Mr. Ali also attended the program for Management Development at the Harvard Business School, Boston, USA. As a Chief Executive and Managing Director, Packages Ltd. Mr. Ali has wide and varied professional working experience spanning over many years in paper production, conversion and packaging. Mr. Ali has been involved in the development and implementation of processes for the pulp and paper mill at Packages Ltd. using wheat straw as a raw material. He is the co-author of two USA patents for the recycling of milk and juice cartons.Mr. Ali serves on the Board of a number of companies like Bulleh Shah Paper Mill (Private) Limited, IGI Insurance Limited, Nestlé Pakistan Limited, Packages Lanka (Pvt) Limited, Sanofi-Aventis Pakistan Limited, Tetra Pak Pakistan Limited, Tri-Pack Films Limited and International Steel Limited.He is a member of the Board of Governors/Directors of WWF- Pakistan, Babar Ali Foundation (BAF), National Management Foundation (NMF), Ali Institute of Education (AIE), Pakistan Centre for Philanthropy (PCP), and Pakistan Business Council (PBC). He is also a Member of the Executive / Management Committee of Syed Maratib Ali Religious and Charitable Trust Society, Lahore University of Management Sciences (LUMS) and International Chamber of Commerce (ICC) Pakistan. He is the Honorary Consul General of Sweden in Lahore since 1998.