Lahore: Nishat Chunian Power Limited has announced significant changes in its leadership structure, electing Mr. Farrukh Ifzal as the Chief Executive Officer and Mr. Ghazanfar Hussain Mirza as the Chairman of the Board. This announcement follows the election of the company's directors on October 23, 2026.

The company, a key player in the energy sector, released its updated board of directors list in the report dated November 4, 2026. The board now comprises a mix of executive, non-executive, and independent directors. The non-executive directors are Mr. Mikail Raza Mansha, Mr. Aftab Ahmad Khan, and Mr. Ghazanfar Hussain Mirza. The independent directors are Sheikh Muhammad Iqbal and Ms. Leila Khan. The executive directors alongside Mr. Farrukh Ifzal include Mian Hassan Mansha.

According to information available from the Pakistan Stock Exchange (PSX), these changes are part of a strategic realignment within Nishat Chunian Power Limited. The company continues to strengthen its governance and leadership to better navigate the challenges and opportunities in the energy market.

This announcement positions Nishat Chunian Power Limited to potentially enhance its operational efficiencies and strategic initiatives under the new leadership, as it remains a pivotal entity in the designated energy market category.