Karachi: Engro Holdings Limited has announced the appointment of Mr. Junaid Iqbal as the 'President & CEO - Designate' of Engro Corporation Limited (ECORP), a decision approved by the Board of Directors of the company. This announcement was made in a report dated September 21, 2026. The current President & CEO, Mr. Ahsan Zafar Syed, will remain in his position until the completion of his current term.

Mr. Iqbal's appointment as the President & CEO is contingent upon the Board's approval following the election of the Board of Directors scheduled for April 2027. Engro Holdings Limited, a wholly owned subsidiary of Engro Corporation, has expressed its gratitude to Mr. Syed for his leadership and contributions during his tenure. The company looks forward to Mr. Iqbal's leadership in steering the Group's strategic initiatives and sustaining its growth trajectory.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this executive transition. The market is closely monitoring the developments at Engro Corporation Limited, classified within the designated market category.

The transition marks a significant period for Engro Corporation Limited as it prepares to align its leadership with future strategic goals, ensuring continued progress and value creation under Mr. Iqbal’s anticipated stewardship.