Karachi: Invest Capital Investment Bank Limited has announced the list of candidates standing for election to its Board of Directors. The election will take place during the Extra Ordinary General Meeting scheduled for Friday, July 31, 2026, at 3:30 p.m. at ICMA Pakistan's Auditorium, Main Campus, Nipa Chowrangi, Gulshan-e-Iqbal, Block 6, Karachi.

The announcement was made on July 24, 2026, notifying all members of the company about the candidates who have submitted their intention to run. The individuals vying for a position on the board include Mrs. Fiza Zahid, Mrs. Ayesha Shehryar, Mr. Muhammad Asif, Mr. Muhammad Qasim S/o Mr. Muhammad Sharif, Mr. Shahab-Ud-Din Khan, Mr. Zahir Qamar, who is nominated as an independent candidate, Mr. Abdul Shakoor, also an independent candidate, and Mr. Muhammad Qasim S/o Mr. Jalil Ahmed.

The number of nominees exceeds the seven director positions currently fixed by the company's Board of Directors as per section 159(1) of the Companies Act, 2017. Consequently, the election will proceed in accordance with the provisions of section 159 of the Companies Act, 2017, along with any applicable rules.

According to information available from the Pakistan Stock Exchange (PSX), this election arrives at a pivotal moment for Invest Capital Investment Bank Limited, prompting shareholders' attention towards governance and strategic direction. The outcome of these elections may influence the company’s future decisions and policies.

The contested election emphasizes the active engagement of stakeholders and highlights the responsibilities vested in shareholders to elect a board that will guide the company effectively. The meeting will provide an opportunity for the members to voice their preferences and contribute to shaping the company's leadership.