September 28, 2002	Saturday	Rajab 20, 1423

KARACHI, Sept 27: Waqar Ajmal Chaudhry of First Grindlays Modaraba and Khanzada Yousuf Hassan Khan of First Punjab Modaraba have been elected as the chairman and vice chairman of Modaraba Association of Pakistan.

Azam Aziz Sakrani of First Al-Noor Modaraba; Saeeduddin Khan of First Habib Bank Modaraba and Ghulam Husain Mughal of Al- Zamin Leasing Modaraba have been elected as new members of the executive committee, says a press release.

Mahmood Ahmed of First Crescent Modaraba; Muhammad Shoaib of First Habib Modaraba and Zubair R. Palwala of First UDL Modaraba will continue as members of the executive committee for another year.