Appointment of Chairman and Chief Executive Officer of AGP Limited

General

Karachi, AGP Limited informed Pakistan Stock Exchange that the Board of Directors have re-appointed Mr. Tariq Moinuddin Khan as the Chairman of the Board and Ms. Nusrat Munshi as chief Executive Officer of the Company for a term of three years with effect from June 23, 2021.

AGP Limited (AGP) began its commercial operations in 1989 as an independent pharmaceutical manufacturing company in Karachi, Pakistan. It has steadily grown through manufacturing and marketing products under licensing arrangements with many companies of international repute and also through manufacturing and marketing its own brands. Today, it is one of the largest pharmaceutical companies in Pakistan, providing a broad range of pharmaceutical products. The determination to upgrade the pharmaceutical resources of Pakistan and improvement of the quality of life of a common man was the key motivating factors in the inception of AGP.

The operations of AGP include manufacturing, marketing and sales of pharmaceuticals and healthcare products in the domestic and export market. The delivery of AGP’s products, across the country, is managed by one of the largest and state of art pharmaceutical distribution set ups in Pakistan.