Karachi: National Foods Limited has announced a change in its financial leadership, marking a shift in its executive management team. According to the company's official statement, Mr. Syed Farhan All Rizvi has resigned from his position as Chief Financial Officer (CFO), with his resignation taking effect on April 8, 2025.

Following Mr. Rizvi's departure, Mr. Badar Yousuf has been appointed as the acting CFO of National Foods Limited. His appointment commenced on April 9, 2025. The transition aims to ensure continuity in the company’s financial operations as it navigates the evolving market dynamics.

According to information available from the Pakistan Stock Exchange (PSX), National Foods Limited has communicated these changes to the TRE Certificate Holders, adhering to the regulatory requirements. The company is listed under the designated market category of packaged foods, a sector that plays a significant role in the national economy.

This leadership transition comes at a time when National Foods Limited is poised to address both domestic and international market challenges, leveraging its strategic initiatives to maintain its competitive position. The company’s stakeholders will be observing the impact of this executive change on its financial strategies and operations.