Karachi: Arif Habib Limited has announced the resignation of Mr. Mohsin Madni from his position as Director on the Board of Directors, effective June 30, 2025. The departure of Mr. Madni will result in a casual vacancy on the board, which the company intends to fill in due course.

The information was communicated to the TRE Certificate Holders of the Pakistan Stock Exchange, reflecting standard procedure for such corporate changes. According to information available from the Pakistan Stock Exchange (PSX), the vacancy will be addressed by the board in the near future.

The resignation of Mr. Madni marks a change in the governance structure at Arif Habib Limited, a firm categorized under the designated market category of financial services. The company has not yet disclosed potential successors or the timeline for appointing a new director to fill the vacancy.

Arif Habib Limited is expected to maintain its operational stability during this transitional period, as indicated by the company's adherence to established protocols for managing board-level changes.