Karachi: Arif Habib Limited has officially appointed Mr. Syed Muhammad Manzoor Raza as a new director, effective June 20, 2024, replacing Ms. Nida Ahsan.

According to information available from the Pakistan Stock Exchange (PSX), the decision was communicated to stakeholders and TRE Certificate holders to ensure compliance with exchange regulations and maintain transparency. This appointment marks a significant change in the board's composition at Arif Habib Limited, reflecting ongoing adjustments within the company's leadership structure.

The transition comes as part of the company's strategic efforts to strengthen its leadership and align with its long-term business objectives. The new director is expected to bring valuable insights and experience to the board, contributing to the company's future growth and development.