Karachi: Pakistan Refinery Limited has announced the appointment of Mr. Zafar UI Islam Usmani as the interim Managing Director and Chief Executive Officer of the company. This decision, made by the Board of Directors, will see Mr. Usmani assume his new role starting January 1, 2026, until further notice. This appointment follows an earlier announcement made on September 11, 2025.

According to information available from the Pakistan Stock Exchange (PSX), this strategic leadership transition is part of the company’s ongoing efforts to ensure stability and continuity within its executive management team. The decision to appoint Mr. Usmani comes at a time when the refinery is navigating various operational and market challenges.

Pakistan Refinery Limited is classified under the designated market category of energy, where it continues to play a critical role in the nation’s refining capacity. The company’s announcement indicates its commitment to maintaining transparency and timely communication with its stakeholders, including THE Certificate Holders of the Exchange.