Karachi: Calcorp Limited has announced a change in its executive leadership, specifically within its financial department. As of May 30, 2025, Mr. Muhammad Adil will no longer serve as the Chief Financial Officer (CFO) of the company. Mr. Bilal Munaf has been appointed as the new CFO.
The company has communicated this change to the relevant stakeholders, including the TRE Certificate Holders of the Exchange. This transition marks a significant shift in the financial leadership at Calcorp Limited.
According to information available from the Pakistan Stock Exchange (PSX), Calcorp Limited operates within the designated market category. The notification regarding the change in CFO was issued to ensure transparency and timely information dissemination among the investors and market participants.
The leadership change is part of the company's ongoing efforts to maintain effective financial management and strategic planning. The company's communication emphasizes the importance of keeping stakeholders informed about such significant developments.