DADEX ETERNIT LIMITED APPOINTS SAMAD DADA AS NEW CHIEF EXECUTIVE OFFICER

Karachi: Dadex Eternit Limited has officially announced the appointment of Mr. Samad Dada as the new Chief Executive Officer (CEO), effective August 1, 2024. Mr. Dada will succeed Mr. Sikander Dada in the role.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Samad Dada’s appointment comes as part of a planned leadership transition within the company. The announcement was made public to ensure that TRE Certificate Holders and other stakeholders are informed about the significant change in the company’s top management.

Mr. Samad Dada is expected to bring new strategies and insights to propel Dadex Eternit Limited forward, following the tenure of Mr. Sikander Dada. The specifics of his strategic priorities will be closely watched by investors and market analysts.

The exchange has been duly notified about this transition in leadership, as required under the relevant regulatory guidelines, to maintain transparency and compliance with corporate governance standards.

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