Karachi: Security Leasing Corporation Limited has announced a leadership transition with the appointment of a new chairman. The company confirmed on September 18, 2025, that Mr. Malik Zahid, who served as the chairman, has stepped down from his position effective September 17, 2025. He is succeeded by Mr. Mujtaba Abbasi.
According to information available from the Pakistan Stock Exchange (PSX), the company has officially communicated this change and advised that members of the Exchange be informed accordingly. This alteration at the helm signifies a new strategic direction for Security Leasing Corporation Limited, a key player within the designated market category.
The transition in leadership is expected to bring about an evaluation of the corporation’s ongoing and future projects. Stakeholders are keen to see how Mr. Abbasi’s leadership will influence the firm’s operations and market strategies moving forward.