Karachi: International Industries Limited, a key player in the manufacturing sector and part of the prestigious AA5 Chinoy Group, has announced the appointment of Mr. Yousuf H. Mirza as its new Chief Executive Officer, effective October 1, 2024. This leadership change comes as a direct response to the resignation of the previous CEO, Mr. Sohail R. Bhojani.

The announcement was made public through a formal communication to the Pakistan Stock Exchange Ltd., where the company is listed. According to information available from the Pakistan Stock Exchange (PSX), this strategic appointment aims to ensure continued leadership and operational efficiency within the company.

Mr. Yousuf H. Mirza brings to the role a wealth of experience in leadership and management within the industry. His appointment is expected to steer International Industries Limited towards sustained growth and innovation, maintaining its promise of reliability for the future. The company has urged the TRE Certificate holders to note this significant management transition, as it could impact the company's strategic direction and market performance.

The details of the transition were confirmed by Mr. Mirfan Bhatti, Company Secretary and Head of Legal Affairs at International Industries Limited. He expressed confidence in Mr. Mirza's abilities to fulfill the responsibilities of this critical role and to uphold the values and business objectives of the company and its stakeholders.