Lahore: Pakistan Tobacco Company Limited has announced a significant change in its board of directors. On October 27, 2026, the company confirmed the appointment of Mr. Jalil Abbas Jilani as the new Independent Director, succeeding Mr. M Sualeh Ahmed Faruqui. The appointment is effective immediately.
According to information available from the Pakistan Stock Exchange (PSX), this leadership change is part of the company's ongoing efforts to strengthen governance and oversight within the organization. Mr. Jilani's appointment comes at a time when the company is navigating a complex market environment, and his expertise is expected to contribute to the company's strategic direction.
Pakistan Tobacco Company Limited continues to be a key player in its designated market category, with a focus on maintaining robust operational standards and governance practices. The company’s decision to appoint Mr. Jilani is anticipated to support its commitments to transparency and corporate responsibility.
As the company welcomes Mr. Jilani, it also acknowledges the contributions of Mr. Faruqui, who has served on the board with dedication. The transition marks a new chapter for Pakistan Tobacco Company Limited, as it aims to enhance its market position and shareholder value.