Mr. Saleh Naser Al Selmi, Chairman, Board of Directors, along with fellow Directors Mr. Rami Habli and Mr. Baseer Baig visited 5th Pillar Family Takaful Limited Head Office on 10th October, 2022. The honourable guests were received by Mr. Ali Rehman Muhammadi, Director, Mr. Nasar us Samad Qureshi, CEO and the 5th Pillar Team.
During his visit he chaired a Board Meeting and met with the team members as well. He also addressed the 5th Pillar team and reiterated the firm commitment of the sponsors to make the company a leading player in the country. He announced that the board has decided to increase the paid up capital from Rs700 Million to Rs2.00 Billion to strengthen the financial base of the company to secure the confidence of the insuring public in coming years. He also announced that Mr. Sohail Tabba has agreed to invest in 5th Pillar Family Takaful which was a great news. The confidence reposed by the new shareholders is indeed an additional morale booster for the 5th Pillar team.
On behalf of the team Mr. Nasar us Samad Qureshi, CEO assured the worthy directors commitment of the whole team to work hard to translate the vision of the sponsors into reality.