Karachi: Fecto Cement Limited has announced the appointment of Mr. Tariq Iqbal as the new Company Secretary, replacing Mr. Abdul Wahab, effective immediately. The decision was made public to ensure transparency and timely communication with all stakeholders, underscoring the company’s commitment to maintaining high standards of corporate governance.

This significant change in leadership was disclosed on October 20, 2023, and is expected to bring a fresh perspective to the company’s administrative operations. The transition is part of Fecto Cement Limited’s ongoing efforts to strengthen its management team and enhance efficiency in its corporate functions.

According to information available from the Pakistan Stock Exchange (PSX), the update has been circulated to all TRE Certificate Holders, ensuring that the market participants are informed promptly. This initiative aligns with the company’s policy to adhere strictly to regulatory requirements and uphold investor confidence.

The construction materials sector, to which Fecto Cement Limited belongs, continues to play a pivotal role in the country’s development, necessitating robust leadership to navigate the challenges and opportunities in this dynamic market category. The appointment of Mr. Tariq Iqbal is anticipated to propel the company toward achieving its strategic goals and optimizing operational performance.