KARACHI, Aug 26: The board of directors of Admajee Insurance Company in its meeting on Tuesday accepted the resignation of Mr.Arif Ijaz, Chief Executive Officer & Managing Director of the company.

A press release by the company stated that Muhammed Ali Zeb, CFO had been appointed as acting CEO. The board stated that Mr.Ijaz had decided to leave for personal reasons. It appreciated the progress made by the company during the tenure of the outgoing CEO.