Al-Ghazi Tractors Announces New Board Appointment

Karachi: Al-Ghazi Tractors Limited has officially appointed Ms. Samiha Zahid as an Independent Director, effective September 5, 2024, replacing Ms. Farah Qureshi who previously held the position.

This appointment fills a casual vacancy on the Board of Directors, and Ms. Zahid will serve for the remainder of the term originally designated to Ms. Qureshi. According to information available from the Pakistan Stock Exchange (PSX), the change in the board composition follows the regulatory guidelines and maintains the required balance of independent oversight within the company’s governance structures.

The decision to appoint Ms. Zahid reflects the company’s strategic direction and commitment to effective corporate governance. Her role will involve contributing to the company’s policies and decision-making processes, ensuring that Al-Ghazi Tractors Limited adheres to high standards of compliance and ethical practice.

Stakeholders, including TRE Certificate Holders of the Exchange, have been informed about this development, which is crucial for maintaining transparent communication and trust among the company’s investors and regulatory bodies.

The post Al-Ghazi Tractors Announces New Board Appointment appeared first on .