Karachi, June 16, 2008: In a ceremony held at the Head Office of Central Depository Company (CDC), a Trust Deed was signed between ABL Funds Company Limited (ABL Funds) and CDC, where ABL Funds appointed CDC as their Trustee for their upcoming ABL Income Fund. Sheikh Mukhtar Ahmed, Chairman and Mr. Anis ur Rahman, Chief Executive Officer signed the agreement on behalf of ABL Funds, whereby Mr. Kamran Ahmed Qazi, CFO & Company Secretary and Mr. Atiqur Rehman, Head of Trustee & Custodial Operations signed the agreement on behalf of CDC.
ABL Funds was incorporated on October 12, 2007 as a wholly owned subsidiary of Allied Bank Limited, with a Paid-up Capital of Rs.500 million, the second highest initial Paid-up Capital amongst Pakistani Asset Management Companies
