Karachi: Macter International Limited has announced a key change in its financial leadership. The company reported that Syed Naveed Rizvi has ceased to be the Chief Financial Officer (CFO) effective September 4, 2026. In his place, Mr. Shafiq Afzal Khan has been appointed as the new CFO.

This update was detailed in a report dated September 7, 2026. The transition marks a significant development for Macter International Limited, which operates within the designated market category of the pharmaceutical industry.

According to information available from the Pakistan Stock Exchange (PSX), such leadership changes can often influence market perceptions and investor confidence, although no specific market reaction was reported in this instance.

The company has not disclosed further details regarding the reasons for the change in the CFO position or any strategic directions that might accompany Mr. Khan’s appointment. Macter International Limited remains a notable entity within its sector, and stakeholders will likely be monitoring any forthcoming announcements related to its financial strategies under the new leadership.