Pakistan Hotels Developers Limited has undergone a significant change in its executive team. The company has informed the Pakistan Stock Exchange Limited that Mr. Syed Haseen Anwer, the Chief Financial Officer, has resigned from his position effective November 15, 2023. Subsequently, Mr. M. Taha Ali Khan has been appointed as the new Chief Financial Officer of the company.

This transition marks a notable change in the financial leadership of Pakistan Hotels Developers Limited. Mr. Syed Haseen Anwer's resignation brings to a close his tenure with the company, during which he contributed to its financial management and strategy. Mr. M. Taha Ali Khan's appointment as the new Chief Financial Officer is a significant step for the company.

His new role will involve overseeing the financial operations and strategy of Pakistan Hotels Developers Limited, ensuring that the company continues to maintain its financial health and sustainability. The change in the CFO position is an important development for stakeholders, including TRE Certificate Holders of the Exchange, as it could influence the company's financial strategies and operations. The appointment of Mr. Khan is expected to bring new perspectives and strategies to the company's financial management.