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Karachi, Engro Corporation Limited has officially announced the appointment of Mr. Ahsan Zafar Syed as the President & CEO-Designate. The announcement comes as a recommendation from the company’s Board of Directors and was shared with the Pakistan Stock Exchange Limited. Mr. Syed’s appointment is poised to take effect following the approval of the Board after the election of the Board of Directors in April 2024.
The company expressed its deep appreciation for the outgoing President & CEO, Mr. Ghias Khan, acknowledging his significant contributions and leadership that have been instrumental in the substantial growth of Engro Corporation. Mr. Khan is set to continue in his role until the end of his term, ensuring a smooth transition of leadership.
This strategic leadership transition highlights Engro Corporation’s commitment to maintaining its strong performance and growth trajectory in the market. The announcement also underlines the company’s adherence to corporate governance and its proactive approach in planning for future leadership.