Lahore: BF Biosciences Limited has announced the appointment of Mr. Rashid Ahmed as a Director and member of the HR & Remuneration Committee, filling the casual vacancy left by the passing of Mrs. Akhter Khalid Waheed. This decision was confirmed by the Board of Directors and became effective on June 8, 2026, covering the remainder of the current term.

Mr. Rashid Ahmed brings with him extensive expertise, having earned an MBA from the Institute of Business Administration (IBA) and a Master of Arts in Economics from the University of the Punjab. His professional journey spans over four decades in the financial sector. Currently, Mr. Ahmed holds prominent positions as the Chairman of the Board and Director at Kohinoor Mills Limited. Additionally, he is an active member of the Board of Governors at the National Management Foundation, affiliated with the Lahore University of Management Sciences (LUMS).

According to information available from the Pakistan Stock Exchange (PSX), BF Biosciences Limited continues to engage with stakeholders, ensuring transparency and timely dissemination of such critical updates. The company's commitment to maintaining a stable governance structure is evident through this strategic appointment.

The market category in which BF Biosciences Limited operates is pharmaceuticals, and this development is expected to strengthen its governance and operational oversight. Stakeholders and TRE Certificate Holders of the Exchange have been duly notified of this change.