Karachi: In accordance with Section 159(4) of the Companies Act, 2017, OLP Financial Services Pakistan Limited has announced the election of directors at its upcoming 40th Annual General Meeting. The meeting is scheduled to take place on October 22, 2026, at 10:00 am at the iROOTS College, Wisdom Square Auditorium, located on Shahrah-e-Faisal in Karachi.

The candidates who have submitted their nominations for the election are Mr. Rashid Ahmed Jafer and Mr. Anwar Mansoor Khan, both standing as independent directors. Additionally, Mr. Yoshiaki Matsuoka, Ms. Yoko Miura, Ms. Kotoko Sato, and Mr. Abdul Shakoor Shaikh have registered their intentions to serve as non-executive directors. Mr. Shaheen Amin is the sole candidate for the position of executive director.

Since the number of candidates matches the number of available positions as determined by the Board of Directors under Section 159(1) of the Companies Act, 2017, these seven individuals will be deemed elected as directors without contest at the forthcoming annual meeting.

According to information available from the Pakistan Stock Exchange (PSX), OLP Financial Services Pakistan Limited is classified under the designated market category, reflecting its active participation in the financial services sector. This election process underscores the company's adherence to regulatory compliance and corporate governance standards.