Karachi: Invest Capital Investment Bank Limited has announced an election for its Board of Directors, scheduled to take place at an Extra Ordinary General Meeting on July 31, 2026. The meeting is set to be held at ICMA Pakistan's Auditorium, Main Campus, Nipa Chowrangi, Gulshan-e-Iqbal, Block 6, Karachi.
The announcement, made on July 23, 2026, outlined that eight candidates have filed notices of their intent to stand for election. The candidates include Mrs. Fiza Zahid, Mrs. Ayesha Shehryar, Mr. Muhammad Asif, Mr. Muhammad Qasim, son of Mr. Muhammad Sharif, Mr. Shahab-Ud-Din Khan, Mr. Zahir Qamar, Mr. Abdul Shakoor, and Mr. Muhammad Qasim, son of Mr. Jalil Ahmed. Notably, Mr. Zahir Qamar and Mr. Abdul Shakoor are standing as independent candidates.
As disclosed in the announcement, the current number of candidates exceeds the available positions set by the company’s Board of Directors, which stands at seven. Consequently, the election will be conducted in accordance with section 159 of the Companies Act, 2017, along with any pertinent rules.
According to information available from the Pakistan Stock Exchange (PSX), Invest Capital Investment Bank Limited is a participant in the financial services sector, a designated market category that is closely watched by investors and analysts alike.