Rafhan Maize Products Company Limited Announces Management Overhaul Amid Board Resignations

Karachi: Rafhan Maize Products Company Limited announced a significant change in its management structure following the resignation of several key directors from its Board. The announcement was made on July 8, 2026, marking a new chapter for the company as it welcomed a fresh lineup of directors.

The company disclosed that the resignations took effect on July 7, 2026. The departing board members included Ms. Tania Jaeger de Foras, Mr. Wisal A. Mannoo, Mr. Tahir Jawaid, Mr. Kamran Yousuf Mirza, Mr. Humayun Bashir, Mr. Adil Saeed Khan, and Mian M. Adil Mannoo. Their roles ranged from non-executive to independent and executive directors.

In a swift transition, Rafhan Maize Products Company Limited appointed new directors to the Board effective from July 8, 2026. The incoming members are Mian Umer Mansha, Mian Hassan Mansha, Mr. Mikail Raza Mansha, Mr. Shazad Dada, Dr. Maleeha Lodhi, Mr. Inayat Ullah Niazi, and Mr. Saad Raja. These individuals bring a mix of non-executive and independent expertise to the Board.

The newly constituted Board is led by Mian Hassan Mansha, who has taken on the role of Chairman. The Board also includes Mian Umer Mansha, Mr. Mikail Raza Mansha, Mr. Shazad Dada, Dr. Maleeha Lodhi, Mr. Inayat Ullah Niazi, Mr. Saad Raja, along with Mr. Zulfiqar Monnoo, Mr. Michael Fergus ORiordan, Mr. Marcel Hergett, and the Chief Executive Officer & Executive Director, Mr. Humair Ijaz.

According to information available from the Pakistan Stock Exchange (PSX), these changes signal a strategic shift for Rafhan Maize Products Company Limited. The company's market presence and strategic direction are likely to be influenced by the new Board's composition and leadership dynamics.

The company, listed within the designated market category of the PSX, will look to navigate future opportunities and challenges under this refreshed leadership. The impact of these changes on the company's operations and market performance will be closely monitored by stakeholders and investors alike.