Karachi: Berger Paints Pakistan Limited has announced the appointment of Mr. Zafar Suroor Qidwai as an Executive Director on its Board of Directors. This decision comes in the wake of the passing of Mr. Zafar A. Osmani, which created a casual vacancy on the board.
Mr. Qidwai will serve for the remainder of the board's current term, which began on October 27, 2023. The appointment is in compliance with all relevant statutory and regulatory guidelines. The company has requested that the TRE Certificate Holders of the Exchange be informed of this development.
According to information available from the Pakistan Stock Exchange (PSX), Berger Paints Pakistan Limited has made this strategic move to ensure continuity and stability within its leadership structure. The appointment is part of the company's efforts to maintain steady governance and oversight in its operations.
The market awaits further updates from Berger Paints Pakistan Limited as Mr. Qidwai assumes his new role, and stakeholders will be observing any potential impacts on the company's strategic direction in the coming months.