Next Capital Limited Appoints Rizwan Yousuf as Acting Chief Financial Officer

Karachi: Next Capital Limited has announced the appointment of Mr. Rizwan Yousuf as the Acting Chief Financial Officer, following the resignation of Mr. Omair Rasheed. The change in leadership will be effective from June 10, 2025.

Mr. Omair Rasheed, who served as the Chief Financial Officer, has stepped down from his position. This transition marks a significant shift in the company's financial management team, as Mr. Rizwan Yousuf takes over the responsibilities of the CFO role on an interim basis.

The company, which operates within the designated market category of financial services, has communicated this development to its stakeholders. Next Capital Limited has requested that members of the exchange be informed accordingly of this leadership change.

According to information available from the Pakistan Stock Exchange (PSX), the appointment of an Acting CFO is a critical measure to ensure the continuity of financial operations and strategic oversight within the organization. The management expects this move to support the company's ongoing financial commitments and strategies.

The appointment of Mr. Rizwan Yousuf is anticipated to bring stability and focus to Next Capital Limited as it navigates through this transition period. The company has not disclosed any further details regarding the search for a permanent Chief Financial Officer.