Karachi: Mr. Abdul Rauf Chandio has been appointed as the Chief Executive Officer of Sindh Modaraba Management Limited, the management company of Sindh Modaraba, effective July 10, 2024. He succeeds Mr. Ishfaque Ahmed in this role.

Sindh Modaraba Management Limited announced the leadership transition, indicating a significant change at the helm of the organization. According to information available from the Pakistan Stock Exchange (PSX), the appointment marks a pivotal shift in the company's management as it continues to engage in its business activities.

The change in leadership is expected to be formally communicated to the TRE Certificate Holders of the Exchange, ensuring all stakeholders are updated regarding the new appointment.