Karachi: First Habib Modaraba has announced a change in its administrative leadership, as disclosed in a report dated August 11, 2026. The company has confirmed that Mr. Tehsin Abbas has stepped down from his role as Company Secretary. This change took effect on August 07, 2026.
The Board of Directors has taken prompt action to fill the vacancy by appointing Mr. Danish Liaquat Ali as the new Company Secretary, effective the same day. This strategic decision is expected to maintain the continuity in the governance and operations of the company.
According to information available from the Pakistan Stock Exchange (PSX), such transitions are part of routine administrative updates that companies undergo to align with governance policies and operational requirements.
First Habib Modaraba, a significant entity in the designated market category, continues to focus on its strategic objectives while ensuring seamless transitions within its corporate structure.