Muhammad Shoaib, Chief Executive, First Habib Modaraba has been elected as chairman Modaraba Association of Pakistan (MAP) for the year of 2008. Arjuman A. Minai, Chief Executive Standard Chartered Modaraba elected as Vice Chairman of the association in the annual general meeting of MAP.
The six member executive committee was also elected which include Wasimul Haq Osmani, Chief Executive First Fidelity Leasing Modaraba, Khawaja Fawzi Chief Executive Punjab Modaraba, Murtaza Ahmed Ali Chief Executive Allied Rental Modaraba, Zulfiqar Ali Chief Executive Modaraba Al-Mali, Hamida Aqeel EVP & Company Secretary Al-Zamin Leasing Modaraba and Qazi Obaidullah Company Secretary First Equity Modaraba.-PR