Tasdeeq Information Services Announces Key Board and Senior Management Changes

Tasdeeq Information Services Announces Board and Management Changes

Lahore, October 1, 2026: Tasdeeq Information Services Limited has announced several important changes to its Board of Directors and senior management following a meeting of the company’s Board held on September 30, 2026.

According to the company’s material information disclosure submitted to the Pakistan Stock Exchange, the Board approved the resignation of Mr. Mumtaz Hussain as a Director, with immediate effect. The company said the move was made to facilitate the induction of a female Director in compliance with the Listed Companies (Code of Corporate Governance) Regulations, 2019. Mr. Hussain will, however, continue serving as the company’s Chief Executive Officer. 284040

The company also approved the appointment of Ms. Saniya Ali as a Director and Sheikh Muhammad Iqbal as an Independent Director. Both appointments will fill casual vacancies for the remainder of the current Board’s term and were made pursuant to Section 161(2) of the Companies Act, 2017. 284040

Change in CFO and Company Secretary

In another key management development, Tasdeeq approved the appointment of Mr. Hamza Sardar as Chief Financial Officer (CFO) following the resignation of Mr. Omer Javaid, effective September 30, 2026.

The Board also approved the reappointment of Mr. Fraz Tariq as Company Secretary. These changes form part of the company’s latest senior management and governance adjustments. 284040

The disclosure was issued by Tasdeeq Information Services Limited to the Pakistan Stock Exchange under the applicable requirements of the Securities Act, 2015 and the PSX Rule Book. The company’s disclosure form, dated October 1, 2026, records the same Board and management decisions. 284040

Overall, the latest developments mark a notable change in Tasdeeq’s Board composition and financial management structure, while Mr. Mumtaz Hussain will continue in his role as CEO. The appointments and changes are expected to support the company’s ongoing corporate governance and management requirements.