Chubb reveals new CEO and chairman of Pakistan operation

Chubb Insurance has revealed several key changes to its leadership team in Pakistan, following the retirement of CEO and chairman Zehra Naqvi.

Humzah Chaudhri, currently CFO of Chubb Insurance Pakistan, has been appointed as CEO of the company. Chaudhri joined Chubb Pakistan in September 2012, having previously worked with the Royal Bank of Canada in Toronto, Canada.

Syed Umer Ali Shah has assumed the role of chairman of Chubb Pakistan. Shah has previously held the role of CEO of Chubb Pakistan and of Chubb Arabia Cooperative Insurance Company in Saudi Arabia, as well as being a director of both. He has a long and distinguished career with the group, having joined in September 1986.

Both Chaudhri and Shah will succeed Zehra Naqvi who is retiring from her post as CEO and chairman of Chubb Insurance Pakistan.

Naqvi joined Chubb Group’s Pakistan operation in July 1990 and has acted as its CEO since September 2005. Zehra will remain as a director of the company so she can continue her contribution to Chubb's business in Pakistan.

In a further change to the company’s leadership, Mahad Hafeez has been promoted to the role of CFO of Chubb Pakistan. Hafeez joined the company in June 2015.

Giles Ward, regional president, Eurasia & Africa, Chubb, said: "I am delighted that we have been able to make these appointments. The fact that Humzah and Mahad both come from within the business is testament to the strength and depth of talent, knowledge and expertise we have at Chubb Insurance Pakistan. I am very much looking forward to working closely with them in their new roles.

"I would also like to take this opportunity to thank Zehra for her achievements as both CEO and Chairman of Chubb Insurance Pakistan. Her dedication and enterprise over almost 30 years with the business has helped grow and develop the company, creating the strong, prosperous and dynamic business we have today. I would also like to congratulate Umer on his appointment as Chairman. Both Umer and Zehra’s continuing involvement on the Board allows us to benefit from their great knowledge and acumen in future."

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