Karachi: Engro Powergen Qadirpur Limited has announced a significant change in its leadership with the appointment of Mr. Adeel Qamar as the new Chief Executive Officer. This decision was approved by the company's Board and will come into effect on June 6, 2025. Mr. Qamar will serve as CEO for the remainder of the term, which is set to conclude on October 14, 2025, coinciding with the next Board elections.

The announcement follows the resignation of the current CEO, Ms. Semeen Akhter, who will continue to fulfill her responsibilities until June 5, 2025. Ms. Akhter's resignation was disclosed by the company on May 7, 2025. The transition to Mr. Qamar's leadership marks a new chapter for the company, as it prepares for the upcoming Board elections later this year.

According to information available from the Pakistan Stock Exchange (PSX), the appointment of Mr. Qamar as CEO is a significant development for Engro Powergen Qadirpur Limited. The company has requested that this information be disseminated among the Trading Rights Entitlement Certificate (TREC) holders of the exchange.

Engro Powergen Qadirpur Limited operates within the designated market category of power generation, and this leadership change is expected to impact its strategic direction as the company navigates the evolving energy landscape.