Karachi: Archroma Pakistan Ltd. has announced a change in its executive leadership as the company confirmed a shift in its financial management team. Mr. Irfan Chawala, who served as the Chief Financial Officer, has stepped down from his position effective June 30, 2025. The company has appointed Altaf Jamal Khan as the new Chief Financial Officer.

The announcement was made to inform the TRE Certificate Holders of the Exchange. The transition marks a significant change in the financial leadership of Archroma Pakistan, a key player in the designated market category. The company has not provided further details on the reasons behind the change or the future plans of the outgoing CFO.

According to information available from the Pakistan Stock Exchange (PSX), Archroma Pakistan is required to notify stakeholders of such executive changes to maintain transparency and adhere to market regulations. The appointment of Mr. Khan is expected to be a strategic move aimed at aligning the company's financial strategies with its corporate objectives.

Archroma Pakistan operates within a competitive sector and the new CFO will be tasked with overseeing financial operations, ensuring compliance, and potentially steering the company through future financial strategies. The company has yet to release any statements regarding upcoming financial forecasts or strategic shifts following this transition.