Karachi: Pakistan Telecommunication Company Limited (PTCL) announced the appointment of Mr. Nazih El Hassanieh as a director, effective March 28, 2025. The appointment comes as a replacement for Dr. Mohamed Karim Bennis, who previously held the position.

The information was disclosed in an official statement issued by PTCL, which emphasized the transition in the company’s board of directors. The change is expected to be communicated to the TRE Certificate Holders of the Exchange, ensuring that all relevant parties are informed of the new appointment.

According to information available from the Pakistan Stock Exchange (PSX), PTCL operates within the telecommunication sector, which forms a significant part of the country’s infrastructure landscape. The company has maintained a pivotal role in providing telecommunication services nationwide.

PTCL’s board of directors plays a crucial role in steering the company’s strategic direction, and the appointment of Mr. El Hassanieh marks a notable change in its governance structure. The company did not provide additional details regarding the reasons for Dr. Bennis’s replacement or Mr. El Hassanieh’s background in the announcement.

The Pakistan Stock Exchange serves as the platform for PTCL’s stock trading, and such corporate governance changes are typically observed closely by investors and stakeholders. The company’s latest announcement reflects its ongoing efforts to manage its leadership and operational strategies effectively.