Karachi: Pakistan Telecommunication Company Limited (PTCL) has undergone a significant change in management, effective August 22, 2024, leading to the resignation and appointment of several board members.

In a substantial reshuffling, Capt. (Retd.) Muhammad Mahmood has stepped down as Chairman, with Mr. Azfar Manzoor appointed as his successor on the same date. According to information available from the Pakistan Stock Exchange (PSX), this transition is part of a broader management overhaul intended to steer the company towards new strategic objectives.

The newly formed board now includes Mr. Ahdultahim A. Al Nooryani, Mr. Ahad Khan Cheerna, Mr. Sajjad Ullah Bosal, Mr. Jawad Paul Khawaja, Dr. Mohamed Karim Bennis, Ms. Brooke Marie Lindsay, Mr. Khalid Khurshed, and Mr. Khaled Hegazy. This diverse team is expected to bring a range of experiences and perspectives to the company’s leadership.

The changes come at a crucial time for PTCL as it navigates the competitive and rapidly evolving telecommunications market. The new board’s composition reflects a strategic alignment with future growth plans and market demands.