Mutual funds association: New chairman, vice-chairman elected

MUFAP elected new directors of board following vacancies arising from rotational retirement of some of the directors

KARACHI: Members of the Mutual Funds Association of Pakistan (MUFAP) have elected new directors of the board following vacancies arising from rotational retirement of some of the directors in September, according to a statement issued on Wednesday. The new board of directors at its first meeting held on October 1 elected new chairman Imran Azim and vice-chairman Mohammad Shoaib for the next one year. Chairman Imran Azim is the chief executive officer of Habib Asset Management Limited and has more than two decades of experience in the mutual fund industry. Vice-chairman Mohammad Shoaib is chief executive officer of Al Meezan Investment Management and has been associated with the company since its inception.

Published in The Express Tribune, October 6^th, 2011.