Karachi: United Brands Limited has announced a significant change in its leadership team effective August 15, 2024. The company has appointed Mr. Mehboob Yasin as the new Chief Financial Officer (CFO), succeeding Mr. Shariq Ahmed who has ceased his role.

According to information available from the Pakistan Stock Exchange (PSX), the transition comes as part of United Brands Limited’s strategic realignment within its financial department. Mr. Shariq Ahmed, who served as CFO until today, has played a pivotal role in steering the financial strategies of the company. The reasons behind his departure have not been disclosed.

Mr. Mehboob Yasin, stepping into the CFO role, brings a wealth of experience in financial management and corporate strategy. His appointment is expected to maintain the company's financial health and support its continued growth.

United Brands Limited has informed all relevant stakeholders, including the Certificate Holders of the Exchange, about this significant administrative change.