Systems Limited announced the appointment of Mr. Asif Peer as the CEO and Managing Director of Systems Limited - effective from 1 January 2013. Mr. Peer joined Systems Limited in 1995 and moved to its subsidiary in USA, Visionet Systems, in 1999. Mr. Asif Peer succeeds Mr. Ashraf Kapadia who has been Systems Limited's Managing Director for the past nine years and now has been appointed to serve as Advisor to the Board of Systems Limited.