Karachi: Trust Modaraba has announced the resignation of its Chief Financial Officer, Mr. Shiraz Butt, effective August 11, 2025. The company has indicated that the position will be filled in accordance with regulatory requirements, and the Pakistan Stock Exchange (PSX) will be updated once a permanent replacement is appointed.

In the interim, Mr. Ather Imam, who is currently the Vice President of Finance & Accounts, will assume the responsibilities of CFO. This decision ensures continuity in the financial management of Trust Modaraba as the search for a new CFO is underway.

According to information available from the Pakistan Stock Exchange (PSX), Trust Modaraba is actively managing the transition to maintain operational stability. The designated market category for Trust Modaraba remains unchanged during this interim period.

The company has assured stakeholders that all necessary measures are being taken to ensure a smooth transition and continued compliance with regulatory standards. The financial community awaits further announcements from Trust Modaraba regarding the permanent appointment to the CFO position.