Karachi: Hascol Petroleum Limited, a key player in the oil and gas sector, has confirmed the reappointment of two pivotal figures at its helm, solidifying its leadership structure for the coming years. On September 21, 2026, the company announced the reappointment of Sir Alan Duncan as Chairman of the Board for a term extending three years. This strategic decision by the Board of Directors aims to leverage Sir Duncan's experience and leadership skills to steer the company through the dynamic energy market landscape.

In tandem with this appointment, the Board also reaffirmed Mr. Javed Ahmedjee's role as Chief Executive Officer. Mr. Ahmedjee will continue to serve under the same terms and conditions, with his tenure now set to conclude on May 4, 2028. His leadership is expected to continue driving the company's strategies and operations, ensuring stability and continuity in its executive management.

According to information available from the Pakistan Stock Exchange (PSX), these leadership decisions are part of Hascol Petroleum Limited’s ongoing efforts to strengthen its governance and operational framework. The company operates within the designated market category of the oil and gas sector, a critical segment in Pakistan's economy.

The Board's decision underscores its commitment to maintaining a robust leadership team to navigate the challenges and opportunities that lie ahead in the ever-evolving energy domain. As these appointments are communicated to the TRE Certificate Holders, Hascol Petroleum Limited continues to position itself for sustained growth and performance in the industry.