Escorts Investment Bank Limited has announced that Mr. Hafiz Muhammad Usman, the Chief Financial Officer of the company, has tendered his resignation with effect from July 21, 2023. This development marks a change in the company's executive leadership and may draw attention from stakeholders and investors as they assess the implications of Mr. Usman's departure on the company's financial and operational strategies moving forward. The company will now begin the process of appointing a new Chief Financial Officer to fill the vacant position.