Lahore: The Board of Directors of First Punjab Modaraba has officially confirmed Mr. Mudassar Kaiser Pal as the new Chief Executive Officer. The Securities and Exchange Commission of Pakistan (SECP) has approved this appointment, as stated in accordance with the provisions of Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), a Disclosure Form has been attached for information and circulation among the TRE Certificate Holders of the Exchange. This move marks a significant administrative update for First Punjab Modaraba as it continues its operations under the new leadership.