Lahore: Chenab Limited has announced a change in its leadership within the financial department. Mr. Sadaquat Hussain has been appointed as the new Chief Financial Officer (CFO), effective 13th September 2024. He succeeds Mr. Faisal Ali Sarwar, who has resigned from the position.

The announcement was made by Chenab Limited’s Board of Directors, indicating a strategic decision aimed at strengthening the company's financial leadership. This transition is pivotal for Chenab Limited, a key player in its market category on the Pakistan Stock Exchange (PSX).

According to information available from the Pakistan Stock Exchange (PSX), the appointment marks a significant shift in the company's top financial stewardship, signaling potential new directions in financial strategies and corporate governance. Mr. Hussain brings a wealth of experience to his new role, and his leadership is expected to be instrumental in guiding the company through its next phases of financial management and growth.

Stakeholders, particularly Certificate Holders of the Exchange, have been duly informed about this leadership change, ensuring transparency and continuity in the management of the company’s affairs.