Standard Chartered Modaraba announced the resignations of Mr. Khurram Khan as Chairman, Mr. Najam Siddiqi, Syed Zaheer Mehdi, Mr. Salar Khan and Mr. Shezad Arif as Directors of the company with effect from June 20, 2016 and the appointments of Mr. Shaheen Amin, Chairman, Mr. Ramon Alfrey, Mr. Nadim D. Khan, Mian Faysal Riaz and Mr. Hiroshi Nishlo as Directors of the company with effect from June 20, 2016.