Karachi: Pakistan Telecommunication Company Limited (PTCL) has appointed Mr. Azfar Manzoor as its new Chairman, effective August 22, 2024, replacing Capt. (Retd.) Muhammad Mahmood.

The announcement was made official in a recent communication addressed to the TRE Certificate Holders of the Exchange. Mr. Azfar Manzoor will assume his new role as Chairman on August 22, stepping into the shoes of Capt. (Retd.) Muhammad Mahmood, who has served in this capacity for an undisclosed term.

This leadership transition at one of Pakistan's key telecommunication firms marks a significant change in its executive team. According to information available from the Pakistan Stock Exchange (PSX), the appointment is part of a broader strategic plan aimed at steering the company through its next phase of growth and challenges in the highly competitive telecom sector.

The specifics of Mr. Manzoor’s strategic priorities are yet to be outlined, but stakeholders and market watchers are anticipating initiatives that align with the evolving telecommunications landscape and the company's long-term objectives.