Karachi March 1 2024: AI Meezan Investment Management Limited, Pakistan’s largest Asset Under Mangement Company, informs that Mr. Mohammad Shoaib has resigned from the position of Chief Executive Officer after a period of 29 years.
His resignation has been accepted by the Board of Directors.
Mr. Muhammad Asad, who is currently the Chief Investment Officer of the company has been designated by the Board as Acting CEO of the company.
As the Largest Fund Manager in Pakistan with over PKR 433 Billion assets under management, as of 31st, January 2024. Al Meezan is the largest Asset Management Company (AMC) not only in Shariah compliant segment but also on overall basis in the mutual fund industry in Pakistan.