Mari Energies Limited Appoints New Director to Board

Karachi: Mari Energies Limited has announced the appointment of Mr. Zafar Abbas as a new director on its Board of Directors. Mr. Abbas, who is the Additional Secretary (Policy) at the Petroleum Division of the Ministry of Energy, will assume his role on June 16, 2024. He replaces Mr. Muhammad Ramzan. This appointment is part of the company's ongoing efforts to align its board's composition with governmental strategic directives.

According to information available from the Pakistan Stock Exchange (PSX), Mari Energies Limited is classified under the designated market category of energy. The company's decision to appoint Mr. Abbas reflects its focus on strengthening ties with key governmental bodies and ensuring that its board benefits from the expertise of individuals with significant policy experience.

Stakeholders have been informed of this strategic shift, underscoring the importance of transparency and communication in corporate governance. As the company continues to navigate the complexities of the energy sector, Mr. Abbas's appointment is expected to contribute to the strategic oversight and policy alignment of Mari Energies Limited.