Pakistan Oilfields Limited Appoints Alternate Directors Amid Strategic Developments

Karachi: Pakistan Oilfields Limited has announced the appointment of two alternate directors following a recent board resolution. According to the report dated June 29, 2026, the company’s Board of Directors approved the appointments through a resolution by circulation.

Mr. Agha Sher Shah has been appointed as an alternate director by Mr. Leith G. Pharaon, while Mr. Babar Bashir Nawaz has been appointed by Mr. Wael G. Pharaon. These strategic appointments come as the company navigates its corporate governance landscape.

According to information available from the Pakistan Stock Exchange (PSX), the company has taken these steps to bolster its management structure and ensure continuity in leadership. This move is expected to align with the company's long-term strategic goals as it continues to operate within the designated market category.

The appointments have been communicated to the relevant members of the exchange, reflecting the company's commitment to transparency and regulatory compliance.