Karachi: Fauji Fertilizer Company Limited has announced a change in its executive leadership with the departure of its Chief Internal Auditor, Mr. Usman Ghani, effective March 24, 2025. The company has appointed Mr. Wasim Ejaz as the new Chief Internal Auditor, according to a notification released on March 25, 2025.
The announcement was made to inform the TRE Certificate Holders of the Exchange about this significant change in the company's internal audit department. The company emphasized the importance of this transition for its stakeholders and its commitment to maintaining transparency in its operations.
According to information available from the Pakistan Stock Exchange (PSX), the change in the Chief Internal Auditor position is crucial for stakeholders monitoring the company's compliance and control mechanisms. The role of the Chief Internal Auditor is integral to the company's financial oversight and governance.
Fauji Fertilizer Company Limited is a key player in the designated market category of the Pakistan Stock Exchange. The company continues to adhere to its operational and governance standards as it moves forward with this transition in its internal audit leadership.