Karachi, August 05, 2013 (PPI-OT): We enclose a copy of the circular for the appointment of the Company Secretary and General Counsel which is being sent to all the shareholders of the Company in accordance with section 218 of the Companies Ordinance 1984.
Letter Dated: July 31, 2013
Information under Section 219 of the Companies Ordinance 1984
Appointment of Company Secretary and General Counsel
The Board of Directors of ICI Pakistan Limited (the “Company”) has appointed Ms. Saima (Kamila) Khan as Company Secretary and General Counsel of the Company with effect from July 15, 2013.
Ms. Saima (Kamila) Khan holds an LL.M. degree from the University of Pennsylvania, U.S.A. and has over 10 years of legal experience in various organizations at senior management levels within and outside Pakistan, which includes but not limited to Oil and Gas, Pharmaceutical and Financial Sector. Prior to joining ICI Pakistan, she was the Executive Vice President, Head of Legal and Company Secretary for Samba Bank Limited.
Pursuant to section 218 of the Companies Ordinance 1984, the terms and conditions of appointment of Ms. Saima (Kamila) Khan are in accordance with her Contract of Employment and the Service Rules of the Company (together the “Terms and Conditions”).
In accordance with the Terms and Conditions Ms. Saima (Kamila) Khan will be entitled to a managerial remuneration of Rs. 6.6 million per annum in addition to perquisites and other entitlements arising under her Contract of Employment with the Company and the applicable policies and service rules of the Company.
Her remuneration shall be subject to such increments, bonuses, adjustments and other entitlements as may be granted from time to time by the Board of Directors of the Company and/or in accordance with the policies and service rules of the Company for the time being in force.
Ps: Shareholders who have not yet deposited a copy of their CNIC, are requested to do so as soon as possible. Please write down your Folio No/ CDC Account No on the CNIC before mailing it to the Shares department, ICI Pakistan Limited, ICI House, 5 West Wharf, Karachi.
For more information, contact:
Muhammad Abid Ganatra
Executive Director and Chief Financial Officer
ICI Pakistan Limited
ICI House, 5 West Wharf,
P.O. Box.4731, Karachi 74000
T: + 92 21 3231 062
T: + 92 21 3231 0622
F: + 92 21 3231 0617
Web: www.icipakistan.com