JS Global Capital Limited (PSX: JSGCL), a leading name in Pakistan’s financial and industrial landscape, has announced a significant leadership renewal following a meeting of its Board of Directors. The Board has ratified the appointments of Mr. Shahab Anwar Khawaja as the new Chairman and Mr. Muhammad Khalil Ullah Usmani as the new Chief Executive Officer, each for a three-year term.
Read More: Prime Minister Urges Acceleration of SME Financing to Drive Pakistan’s Export Growth
According to a formal notice filed with the Pakistan Stock Exchange (PSX), Mr. Shahab Anwar Khawaja’s appointment as Chairman of the Board is effective from December 22, 2025. In the same meeting, the Board approved the appointment of Mr. Muhammad Khalil Ullah Usmani as Chief Executive Officer. His tenure is also set for three years, commencing December 22, 2025, and is subject to the receipt of necessary regulatory approvals.
These strategic appointments mark a pivotal step in JS Global’s governance, bringing experienced leadership to guide the company’s next phase of growth and portfolio development. The clear three-year mandate provides a stable framework for the execution of long-term strategic objectives and reinforces the company’s commitment to robust corporate governance and sustained value creation for its shareholders.
“The Board has full confidence in the leadership of Mr. Khawaja and Mr. Usmani,” stated a company spokesperson. “Their proven expertise and strategic vision are ideally suited to steer JS Global through evolving market dynamics and towards achieving its ambitious goals for the future.”
The new leadership will assume their official responsibilities immediately, focusing on operational excellence, strategic partnerships, and driving innovation across the group’s diversified interests.
