Latest News for: prcl
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Minister challenges SECP action against PRCL in Rs355m CEO package case
The News International 19 Nov 2025
Commerce Minister Jam Kamal has raised serious concerns over the SECP’s issuance of a show-cause notice to Pakistan Reinsurance Company Limited (PRCL) board members over allowing illegal Rs355m package to its former CEO.
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SECP issues show-cause notice to PRCL directors, ex-CEO
The News International 01 Nov 2025
According to the notice, PRCL’s Board of Directors in its meeting on September 27, 2021, appointed the individual as Acting CEO without obtaining the government’s concurrence or evaluating him under the prescribed “fit and proper” criteria.
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SECP finds violations in PRCL CEO’s gold-plated pay deal
The News International 15 Oct 2025
... appointment and salary enhancement of a former acting chief executive officer (CEO) of Pakistan Reinsurance Company Limited (PRCL), finding that the PRCL board violated multiple laws and regulations.
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