Karachi: Hum Network Limited has officially addressed inaccuracies in recent media reports concerning the leadership of the company. Contrary to circulating claims, Mr. Duraid Qureshi remains the Chief Executive Officer (CEO) of Hum Network Limited and continues to actively manage the company's affairs. This clarification was issued in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.2 of the Rule Book of the Pakistan Stock Exchange Limited, underscoring the importance of accurate information dissemination.

The erroneous reports suggested that Mr. Qureshi had stepped down from his role, prompting the company to reassure stakeholders that he is still at the helm. The management of Hum Network is in the preliminary stages of a strategic succession planning process. This process includes the identification and evaluation of potential successors, as well as their training for future leadership roles. The company emphasized that any definitive decisions regarding the CEO position will be communicated transparently and promptly, should the Board of the Company make such a decision.

Hum Network has urged its public shareholders and stakeholders to rely solely on information released through its official channels. The company warns against being influenced by unofficial and potentially misleading sources, ensuring that stakeholders receive accurate and reliable information directly from the company.

According to information available from the Pakistan Stock Exchange (PSX), Hum Network Limited remains committed to maintaining transparency and accountability in its corporate communication. The company continues to engage with its stakeholders through formal channels, reinforcing its dedication to corporate governance and stakeholder trust.