Lahore: Kot Addu Power Company Limited has undergone a significant change in its leadership structure, effective July 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), Mr. Aftab Mahmood Butt, who served as the Chief Executive, has completed his term and stepped down from his role. Mr. Muhammad Rabnawaz Anjum has been appointed as the acting Chief Executive of the company until a permanent replacement is announced.

Mr. Butt's departure marks the end of a notable tenure at Kot Addu Power Company Limited, during which he was recognized for his leadership and dedication. The Board of Directors has expressed its gratitude for his years of service and extended best wishes for his future endeavors.

This transition is being communicated to the Certificate Holders of the Exchange to ensure transparency and continuity in the company's operations. Mr. Anjum's appointment as acting Chief Executive is a temporary measure, indicating that the search for a new, permanent Chief Executive is likely underway.