Karachi: Pakistan Services Limited has announced a significant change in its financial leadership team. The company confirmed that Mr. Tahir Mahmood has resigned from his position as Chief Financial Officer (CFO), effective February 10, 2025. In his place, Mr. Adnan Ahmed Saeed has been appointed as the Acting CFO.

The transition comes as part of Pakistan Services Limited's ongoing efforts to ensure robust financial management and strategic oversight. Mr. Adnan Ahmed Saeed, who brings a wealth of experience in financial management and corporate governance, is expected to guide the company through its next phase of financial planning and execution.

According to information available from the Pakistan Stock Exchange (PSX), this leadership change is a strategic decision aimed at strengthening the company's financial framework. Pakistan Services Limited, which operates within the designated market category of hospitality and tourism, has been focusing on enhancing its financial operations to better align with market demands.

The company has requested that the TRE Certificate Holders of the exchange be duly informed of this development. This change is anticipated to bolster investor confidence and support the company's financial goals in the competitive hospitality sector.