PPL Announces the Passing of Director Khurshid Bhaimia

Business & Finance

Karachi: Pakistan Petroleum Limited (PPL) on 16 Oct 2024 announced the passing of Ms. Khurshid Bhaimia, an independent director on the company's board, who died on October 16, 2024. Ms. Bhaimia, renowned for her significant contributions to both the corporate and philanthropic sectors, had served on PPL's board since December 2020.

Ms. Bhaimia, a seasoned lawyer with a notable background in the banking industry, was an influential member of the Board Nomination and Audit Committees of PPL. Her role also extended beyond national borders as she served as a director on the Board of PPL Asia EandP B.V. Her expertise and leadership were instrumental in steering the company through various strategic expansions and initiatives.

Apart from her corporate responsibilities, Ms. Bhaimia was deeply involved in philanthropy, particularly with the Layton Rahmatulla Benevolent Trust (LRBT). She played a pivotal role in funding several projects, including the construction of the LRBT Hospital Building at Korangi, greatly impacting community health and welfare.

According to information available from the Pakistan Stock Exchange (PSX), Ms. Bhaimia's demise is a significant loss to the corporate community, reflecting her vast impact on both her professional and philanthropic endeavors. Her legacy of professionalism, kindness, and grace is expected to leave a lasting imprint on the organizations she served.

The management and staff of PPL, along with the broader business and philanthropic communities, express deep condolences and recognize her invaluable contributions to the sector. Ms. Bhaimia's commitment to excellence and community service will be remembered as an enduring part of her legacy.