May 7, 2024

Shoaib Mir appointed Chairman State Life Insurance

Mr. Shoaib Mir, Additional Secretary Establishment Division has been appointed as Chairman of the State Life Insurance Corporation of Pakistan,

Shoaib Mir appointed Chairman State life, According to Notification No. PF(422)E-5(PAS) of the Establishment Division, Cabinet Secretariat, Government of shoiab-mir-beemakarPakistan, Islamabad senior officer of BS-21 Mr. Shoaib Mir, Additional Secretary Establishment Division has been appointed as Chairman of the State Life Insurance Corporation of Pakistan, under affiliation with the Commerce Division.

Mr. Shoaib Mir has previously been associated with State Life Insurance Corporation of Pakistan as Executive Director.

He has held senior positions in both Federal and Provincial institutions, serving as Additional Secretary of Establishment Division, Climate Change and also Inter Provincial Coordination. In addition to this, Mr. Shoaib Mir held the position of Additional Secretary Law and Human Rights.

He has also extended his services towards the Government of Sindh as Additional Secretary, Commissioner and Deputy Commissioner in several of its institutions.

Mr. Shoaib Mir has been working in Federal and Provincial government institutions for the last three decades and continues to do so with commitment and dedication.State Life Insurance Corporation of Pakistan (the Corporation) was incorporated on November 1, 1972 under the Life Insurance Nationalization Order, 1972. Due to its well established Agency Network of more than 90,000 sales people State Life is the largest Life Insurance Corporation since 1972 in Pakistan.

The Life Insurance Business in Pakistan was nationalized in March 1972. Prior to 1972, 32 Life Insurance companies were involved in the life insurance business. These companies were later merged and placed under three Beema Units named “A”, “B” and “C” Beema Units. Later, these Beema Units were merged on November 1, 1972 and State Life Insurance Corporation of Pakistan came into existence. The major function of State Life Insurance Corporation of Pakistan is to carry out Life Insurance Business; however, it is also involved in the other business activities such as investment of policyholders’ fund in Government securities, Stock market, Real Estate etc.

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