Karachi: Arctic Textile Mills Limited announced the appointment of Mr. Muhammad Daniyal as the new Chief Financial Officer, effective November 25, 2024. Mr. Daniyal succeeds Mr. Bisharat Ali in this role, marking a significant change in the company's financial leadership.

According to information available from the Pakistan Stock Exchange (PSX), Arctic Textile Mills Limited has communicated this update to the TRE Certificate Holders of the exchange. The transition in the company's financial management is expected to align with its strategic objectives and operational goals.

The decision underscores the company's commitment to maintaining robust financial oversight and strategic fiscal management as it navigates the evolving market landscape.