Karachi: Pakistan Petroleum Limited (PPL) has announced the appointment of Mr. Zafar Abbas as an ex-officio director on its board. This appointment follows the resignation of Mr. Hassan Mehmood Yousufzai, creating a casual vacancy that Mr. Abbas has been selected to fill.

Mr. Abbas, who currently serves as the Additional Secretary (Policy) at the Ministry of Energy (Petroleum Division) for the Government of Pakistan, has been appointed pursuant to Rule 5.6.1(a) of the Stock Exchange Rules. His role in the Ministry of Energy aligns with the strategic interests of PPL, a key player in Pakistan's energy sector.

According to information available from the Pakistan Stock Exchange (PSX), PPL operates within the designated market category of the energy sector. The company plays a significant role in the exploration and production of oil and gas, being one of the major contributors to the country's energy supply.

The appointment of Mr. Abbas is effective immediately, with his tenure expected to bring insights from his extensive experience in energy policy and management. This development is part of PPL's ongoing efforts to strengthen its governance and strategic direction amidst the ever-evolving energy landscape in Pakistan.