Zahid Malik Appointed as New Chairman of Security Leasing Corporation Limited

Business & Finance

Karachi: Security Leasing Corporation Limited has announced the appointment of Mr. Zahid Malik as its new Chairman, a change mandated by regulatory compliance with the Securities and Exchange Ordinance of 1969 and the PSX Rule Book.

According to information available from the Pakistan Stock Exchange (PSX), the announcement follows the guidelines set under Section 15D(1) and in compliance with Rule 5.6.1, which require listed companies to disclose significant management changes. This appointment marks a pivotal governance step for Security Leasing Corporation Limited.

Mr. Zahid Malik’s new role as Chairman was officially communicated to the members of the Exchange, ensuring that all procedural requirements were met in the disclosure of this inside information.