Fauji Fertilizer Announces New Director Appointment

Stock Exchange Announcements

Karachi: Fauji Fertilizer Company Limited has officially appointed Capt (Retd) Saif Anjum as a new Director of the board, effective August 21, 2024, succeeding Mr. Waseem Ajmal Chaudhary.

This leadership change comes as part of the company's ongoing adjustments to its board composition, aiming to align with its strategic goals and governance standards. The appointment was formally announced through a notification to the Pakistan Stock Exchange, ensuring compliance with market disclosure requirements.

According to information available from the Pakistan Stock Exchange (PSX), the transition in directorship is part of routine corporate governance practices. The company has communicated this update to TRE Certificate Holders, maintaining transparency with its investors and stakeholders regarding significant organizational changes.

Capt Anjum brings a wealth of experience to his new role, expected to contribute significantly to Fauji Fertilizer's strategic direction and oversight amidst a dynamic market environment.