Govt Jobs PRCL www.pakre.org.pk
Pak Re Pakistan Reinsurance Company Limited
Ministry Of Commerce Government of Pakistan
Application are invited for the post of chief executive
officer (CEO) Pakistan reinsurance company limited (PRCL), at Karachi.
Name of Post
Total Number of
Chief Executive Officer Pakistan Reinsurance Company
To be decided on basis of qualification and experience by
the board of directors
Requisite qualification and experience:
Must have an educational qualification of a masters
degree or equivalent in corporate finance / corporate law or chartered
accountant from an institution recognized by the higher education commission of
Pakistan or foreign qualification of equivalent level recognized by the higher
education commission of Pakistan, with at least 10 years experience out of
which 5 years as key officer, as defined in insurance companies (sound and
prudent management regulations 2012 in the insurance industry; OR
Such person must (a) be an ACII or FCII, (b) be a
fellow of the institute or society of actuaries or equivalent qualification as
recognized by the Pakistan society of actuaries, (c) hold a masters degree in
insurance / risk management / actuarial science from a university recognized by
the higher education commission with at least 5 years experience as key
officer, as defined in insurance companies (sound and prudent) management
regulation 2012 in insurance industry.
Must fulfill the eligibility criteria mentioned under
section 187 of companies ordinance, (1984) and conditions laid down in
insurance companies (sound and prudent) management regulation 2012
of the company and its procedures in financial and other matters, subject
to the oversight and directions of the board. The responsibilities include
implementation of strategies and policies approved by the board, making
appropriate arrangements to ensure that funds and resources are properly
safeguarded and are used economically efficiently and effectively and in
accordance with al statutory obligations.
be responsible to look after the business of the company in accordance
with the company’s ordinance, (1984) memorandum and articles of
association, SECP corporate governance rules and government instructions /
policies etc issued from time to time.
age limit is 60 years
appointment will be on contract basis for a period of three years, detailed
terms and conditions will be settled in the contract.
applicants working in autonomous bodies should route their applications through
proper channel. Existing employees of PRCL, if fulfilling the above conditions,
may also apply.
will be determined and selection will be finalized as per approved government
policy. The short listed applicants will beinvited for an interview. The
candidate shall not be entitled for any TA /DA while appearing for the
candidates are required to send their applications on the prescribed employment
form (to be downloaded from website www.pakre.org.pk),
marked chief executive officer with latest CV copies of certificates and
degrees, CNIC and a recent photograph within 15 days after the publication of
this advertisement through email at firstname.lastname@example.org
person shall be appointed as chief executive officer unless he is a citizen of Pakistan.
Person having dual nationality shall not be eligible. An affidavit to the
effect that candidate is not having dual nationality, duly verified by
magistrate class-I, shall be submitted along with the application.
Shahzad F. Lodhi
Executive Director (HR)
PRC Towers 32-A, Lalazar Drive, M.T. Khan Road P.O. Box No: 4777 Karachi Pakistan
92-21-99202908-14 Tele Fax: 92-21-99202921-22 Email: email@example.com website: www.pakre.org.pk
Contact : Telephone: 92-21-99202908-14 Tele Fax: 92-21-99202921-22