Karachi: Sakrand Sugar Mills Limited has announced the appointment of Mr. Syed Arif Ali Kazmi as the new Head of Internal Audit, effective August 19, 2024. He succeeds Mr. Muhammad Sharafat Ali in this crucial oversight role.

The appointment marks a significant change in the leadership of the internal audit department, a key component of corporate governance and financial accountability within the company. According to information available from the Pakistan Stock Exchange (PSX), this leadership transition has been communicated to TRE Certificate Holders of the Exchange, ensuring compliance with disclosure requirements.

Mr. Kazmi's role will involve overseeing the audit functions to ensure that financial operations and records meet the company's standards and regulatory requirements. His experience and qualifications in audit and financial oversight are expected to bring valuable insights and strengthen the company’s internal controls and financial integrity.