Mian Muhammad Latif Re-Appointed as Chairman of Chenab Limited; Muhammad Naeem Retains CEO Position

Karachi: Chenab Limited has announced the re-appointment of Mian Muhammad Latif as Chairman of the Board of Directors following the recent board elections held on January 28, 2025. This decision aligns with Section 192 of the Companies Act, 2017, and marks the beginning of a three-year term for Latif, who will continue to steer the company's strategic direction.

In addition to the chairman's appointment, Mr. Muhammad Naeem has been re-appointed as the Chief Executive Officer of Chenab Limited for another three-year term. This re-appointment is in accordance with Section 187 of the Companies Act, 2017, and also commences from January 28, 2025. Naeem's continued leadership is expected to guide the company's operational strategies and market positioning effectively.

According to information available from the Pakistan Stock Exchange (PSX), Chenab Limited has maintained its commitment to strengthen its leadership team, ensuring stability and consistency in its operations within the textile sector. The company is listed under the designated market category on the PSX.

The re-appointments have been formally communicated to the TRE Certificate Holders of the Exchange, ensuring all stakeholders are informed of these significant leadership decisions. With both leaders at the helm, Chenab Limited looks forward to building on its legacy of excellence and achieving its growth objectives.