Lahore: Punjab Oil Mills Limited has appointed Mr. Muhammad Ehtisham Khan as its new Chief Executive Officer, following the resignation of Mr. Usman Ilahi Malik from the role effective September 02, 2024. Mr. Malik will continue his association with the company as an Executive Director.
The transition in leadership was confirmed during a recent board meeting where Mr. Khan's appointment was finalized. This strategic appointment comes at a time when the company is poised for new phases of growth and development.
According to information available from the Pakistan Stock Exchange (PSX), the details of this executive shift have been communicated to TRE Certificate Holders, ensuring transparency and adherence to corporate governance norms.
Mr. Malik's transition from CEO to Executive Director is expected to provide continuity and invaluable guidance to the company's management, leveraging his extensive experience and insights.