Govt appoints Muhammad Asad as MD of National Investment Trust

PSX Update • Jul 7, 2026

The federal government has appointed Muhammad Asad as Managing Director of National Investment Trust Limited (NITL), Pakistan's oldest and largest asset management company, for a three-year term, according to a Ministry of Finance notification dated

July 07, 2026(MLN): The federal government has appointed Muhammad Asad as Managing Director of National Investment Trust Limited (NITL), Pakistan's oldest and largest asset management company, for a three-year term, according to a Ministry of Finance notification dated July 6, 2026. The appointment stems from a Federal Cabinet decision in Case No. 464/Rule-19/2026/521, dated June 24, 2026, and has been made under Se...