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Philip Morris Pakistan Announces New CEO

Karachi: Philip Morris (Pakistan) Limited (PMPKL) has announced a leadership transition, with Mr. Roman Yazbeck set to step down as Chief Executive Officer, effective July 31, 2024. Following his departure, Mr. Ali Takesh will assume the role of CEO starting August 1, 2024.

Mr. Yazbeck’s resignation marks the end of his tenure with PMPKL, paving the way for Mr. Takesh’s leadership. The Board of Directors of PMPKL has confirmed this appointment, signaling a smooth transition in the company’s top executive role.

According to information available from the Pakistan Stock Exchange (PSX), the changes in leadership are part of the company’s ongoing governance and strategic planning processes. Stakeholders, including TRE Certificate holders, have been advised of these developments to maintain transparency and compliance with market regulations.

The appointment of Mr. Takesh as CEO is expected to be formally communicated to all relevant parties involved with PMPKL, ensuring a seamless change in leadership.

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