Muhammad Mushtaq

Mr. Muhammad Mushtaq serves as the Company Secretary of The Pakistan General Insurance Company Limited (PGI), where he plays a pivotal role in ensuring robust corporate governance, regulatory compliance, and seamless coordination between the Board, management, shareholders, and regulatory authorities. Since his appointment, he has significantly enhanced PGI’s secretarial functions, reinforcing transparency, legal adherence, and corporate accountability. Mr. Mushtaq possesses over 16 years of extensive and diversified experience in insurance, construction, and professional audit services. Prior to joining PGI, he served as Vice President at EFU General Insurance Limited from November 2018 to April 2025, where he led critical functions related to finance, compliance, and statutory reporting in a highly regulated environment. His earlier experience includes serving as Manager Accounts at M/s Habib Rafique (Pvt.) Limited from 2015 to 2018, where he was responsible for managing financial operations, internal audits, and taxation matters. Mr. Mushtaq began his professional journey with KPMG Taseer Hadi & Co., Chartered Accountants, where he worked from November 2010 to March 2015 as an external auditor. During this tenure, he was involved in the statutory audits of multinational and local clients under International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and group audit instructions, gaining significant exposure to global audit methodologies and corporate financial structures. In his current role at PGI, Mr. Mushtaq manages all aspects of Board and general meetings, including issuing notices, preparing agendas, recording accurate minutes, and ensuring that decisions are properly documented and implemented. He is responsible for timely statutory filings and disclosures with the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX), as well as the maintenance of statutory registers and corporate records. He advises the Board on governance practices, legal obligations, and evolving regulatory frameworks, while also acting as the principal point of contact for shareholders, auditors, and regulatory authorities. Mr. Mushtaq holds a strong academic foundation in commerce, finance, and accountancy. He is a qualified professional who has completed the Managerial Level-1 of ICMA in 2023, an MBA in Accounting and Finance from Bahauddin Zakariya University in 2018, and the Intermediate level of Chartered Accountancy from the Institute of Chartered Accountants of Pakistan (ICAP). His earlier academic background includes a Bachelor of Commerce from the Islamia University of Bahawalpur, a Diploma in Commerce from the Punjab Board of Technical Education, and Matriculation in Science from BISE Multan. In addition to his academic credentials, Mr. Mushtaq has participated in several professional training programs and workshops covering topics such as the KPMG Audit Manual (KAM), Global Work Papers (GWP) methodology, International Financial Reporting Standards, International Standards on Auditing, and risk management practices. His core areas of expertise include advanced financial reporting, corporate strategy, audit and assurance services, and business finance decisions. He brings a results-driven mindset, deep technical knowledge, and a strategic approach to his role, contributing significantly to PGI’s regulatory standing and operational integrity.