Saudi Pak Leasing Company Limited’s appointment of chief executive officer

Karachi: This is to inform you that the Board of Directors has appointed Mr. Ahsanullah Khan as Chief Executive Officer of Saudi Pak Leasing Company Limited (SPLC) in place of Mr. Nayyar Ilyas Acting Chief Executive Officer with effect from March 09, 2012 subject approval of Securities and Exchange Commission of Pakistan as required by Non Banking Finance Companies (Establishment and Regulation) Rules 2003.

Change of Chairman

We have to inform you that Mr. Muhammad Anwar has resigned from the Chairmanship and directorship of Board of Director of Saudi Pak Leasing Company Limited and Mr. Muhammad Iqbal Hussain has been appointed as Chairman of the Board of Director in his place.

Change of Director

We have to inform you that Mr. Nayyar Alam Ilyas , Chief Executive Officer have resigned from the Board of Director of Saudi Pak Leasing Company Limited with effect 8-3-2012 and Mr. Farhan Malik has been appointed as Director in his place for the remaining period. This is subject to approval of Securities and Exchange Commission of Pakistan as required by Non Banking Finance Companies (Establishment and Regulation) Rules 2003.

For more information, contact:
Imran Masood
Chief Financial Officer and
Company Secretary
Saudi Pak Leasing Company Limited
6th Floor, Lakson Square,
Building # 1, Sarwar Shaheed Road,
Saddar, Karachi- 74200, Pakistan
Ph: 111-888-999, (021) 5655181-5, 5655215-9
Fax: (021) 5210607-9

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