Karachi: Imperial Limited has announced a significant change in its executive team with the appointment of Makhdoom Abdul Qadir as the new Chief Financial Officer (CFO). This change took effect on April 24, 2025, following the departure of the previous CFO, Mr. Farooq Ahmed.
According to information available from the Pakistan Stock Exchange (PSX), the change in leadership at Imperial Limited comes as part of the company's ongoing efforts to ensure robust financial management. The company has informed the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange about this transition in accordance with regulatory requirements.
Imperial Limited operates in the designated market category and remains committed to maintaining transparency and effective corporate governance. The new CFO, Makhdoom Abdul Qadir, is expected to bring forward strategies that align with the company's financial objectives.
The organization has not disclosed further details regarding the reasons behind the change or the future direction under the new CFO's leadership. However, stakeholders and investors are keenly observing how this leadership change might influence the company's financial strategies.
Imperial Limited continues to play a significant role in its sector, with its financial practices under close scrutiny as it navigates this transition in executive management.