JS Global Capital (PSX: JSGCL) has announced the appointment of a new chairman and chief executive officer, marking a significant leadership transition as the company embarks on a new phase of operations in Pakistan’s capital markets.
Following a board meeting held on January 5, 2026, the company formally submitted a notice to the Pakistan Stock Exchange confirming the appointments. Shahab Anwar Khawaja has been named Chairman of the Board for a three-year term, effective from December 22, 2025. In tandem, Muhammad Khalil Ullah Usmani was approved as Chief Executive Officer for a similar three-year tenure, also effective from December 22, 2025, pending regulatory approvals.
The board meeting, held at JS Global’s head office in Karachi, highlighted the company’s commitment to strengthening corporate governance and ensuring continuity in strategic leadership. The company has requested the stock exchange to communicate these leadership changes to all Trading Right Entitlement Certificate holders in accordance with listing requirements.
These appointments are expected to provide renewed focus on JS Global’s growth and operations in Pakistan’s capital markets, with the leadership team set to steer the company through evolving market dynamics and regulatory frameworks. The formal notice was issued by the company secretary and shared with the exchange to ensure compliance with listing and disclosure obligations.
Industry observers note that the new leadership structure positions JS Global to enhance its governance framework while fostering investor confidence. Shahab Anwar Khawaja, as chairman, will provide strategic oversight, while CEO Muhammad Khalil Ullah Usmani will lead operational execution and business development initiatives.
The appointments reflect JS Global’s broader strategy to align its management team with long-term growth objectives and reinforce its presence in Pakistan’s financial and investment sector. As the company continues to navigate the capital markets, the refreshed leadership is expected to focus on innovation, compliance, and sustainable market engagement.
With this governance update, JS Global Capital signals its readiness to strengthen operational efficiency, deepen market participation, and maintain transparency in line with regulatory and investor expectations.
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