Apr 4, 2014 | News
Lahore: Governor of Punjab Chaudhry Muhammad Sarwar has awarded United International Group (UIG) for its remarkable services in the field of insurance and banking.
UIG won the best achievements award for the year 2013 for promotion of banking and insurance in Pakistan and abroad, said a press release issued here today.
The award was accorded by Governor Punjab Chaudhry Muhammad Sarwar in a simple but impressive ceremony held at Governor House Lahore.
CEO of the United Insurance Company (UIC) Rahat Sadiq received the award on behalf of Mian Shahid, Chairman of UIG as he was abroad.
Chaudhry Sarwar lauded the leadership of Mian Shahid and the services of UIG while stressing on provision of insurance cover and banking facilities to maximum number of people.
Dec 31, 2013 | News
We are stepping in New Year 2014 with immense of joy for the achievements made by the UIG Group in the year 2013 by the Grace of Al-Mighty Allah.
At the beginning 2014 I express my feelings in the words that I learnt from experience that wishes and dreams may become alive when you turn them into aims and goals, and best efforts you put in, leads you towards success. The success will be attained by positive thinking and act in the right direction and through creating your healthy environment of working.
Mian M. A. Shahid
Chairman UIG
Jul 3, 2013 | News
Audit Committee formed by the board of UIG group as on July 3, 2013 and Mr. Naeem Tariq elected as a Chairman of Audit Committee.
Feb 25, 2013 | News
Reposes full confidence in Pakistan’s economy, policies UIG will continue to play role in national development
Vows to attract foreign investment, boost employment.
The Board of Directors (BoD) of Apna Micro Finance Bank has elected Mian M. A. Shahid as Chairman of the bank.
Mian M. A. Shahid is a noted investor who is already serving as Chairman of the United International Group (UIG) that include Saudi Pak Insurance Company, United Insurance Company, Tawasal Insurance Services, Abu Dhabi, UIG Global, UK, and United Track Systems etc.
The board of directors appreciated his services and skills as he swung to profit Saudi Pak Insurance Company which was in loss at the time of acquisition and transformed United Insurance Company in one the of the reputed organisations in country’s insurance sector.
The BoD hoped that the new chairman will work hard for making organisations profitable while stressing corporate social responsibility, loans for homeless and supporting the cottage industry.
Speaking at the occasion, Mian Shahid expressed full confidence in the economy which he said is doing well despite hurdles.
He lauded the policies of the government terming them highly enabling and supportive for investors. “I will try best to attract foreign investment in Pakistan to boost economy and reduce unemployment,” he said.
Shahid said that 56 per cent of the adult population has no access to formal financial services while only 10 per cent of SMEs are served by banks resulting in socio-economic disparities.
Low-income groups remain deprived of proper financial services which is impeding their development, he said
Stressing the importance of ethics, he said that insurance is a good social welfare tool that can have a positive impact on businesses and lives of millions in which principles should not be compromised under any circumstances.
Effective cooperation among team members is essential to the success of any business while lack of cooperative environment is fatal for organisations, he said.
To a question, he said that farmers deserve right production decisions to reduce risks associated with their occupation. To me business should be humane to serve the humanity, he said.
Jan 1, 2013 | News
The year 2012 has flown but marked stars on UIG history. The year 2012 was full of various challenges, strong competition and burdened global economy markets. UIG Companies faced these challenges with passion and hard work out.
The mother Company of UIG the United Insurance Company of Pakistan Limited stepped ahead and its overall financial performance further improved by the Grace of Almighty Allah.
United Track System is well known in the Pakistan’s Tracking market. UTS enhanced its image and trust through its quality products and services. (more…)
Sep 6, 2012 | News
KARACHI – Window Takaful will take a Positive Change in the World of Insurance. Chairman of United International Group of Companies Mian MA Shahid has said, “The Window Takaful” will prove a breath of fresh air in the world of insurance and hoped insurance companies will be able to make variety in their products through the implementation of Window Takaful and people will get more facilities in Insurance as compare to past. He was presiding a meeting on “Effects of Window Takaful”. Addressing to the meeting he has said before the Implementation have got suggestion with experts in Shariah and legal matters. He hoped, with Window Takaful the peoples trend will increase in Insurance.
Published in The Nation Sept., 6, 2012
