Karachi, In a recent board meeting held on July 5, 2023, at Lahore, Shezan International Limited made significant decisions regarding its leadership and governance. The company is pleased to announce the following outcomes:

1. Re-election of Mr. Muneer Nawaz as Chairman of the Board:

The esteemed Board of Directors unanimously re-elected Mr. Muneer Nawaz as the Chairman of the Board. Mr. Nawaz's proven leadership and valuable contributions to the company's growth and success were key factors in his re-election.

2. Re-appointment of Mr. Humayun A. Shahnawaz as Chief Executive Officer (CEO):

Recognizing his exceptional skills and strategic vision, the Board of Directors re-appointed Mr. Humayun A. Shahnawaz as the Chief Executive Officer of Shezan International Limited. Mr. Shahnawaz's expertise and dedication have played a pivotal role in the company's achievements.

3. Formation of Audit Committee and Human Resource and Remuneration Committee:

As part of their commitment to effective corporate governance, the Board of Directors also constituted the Audit Committee and the Human Resource and Remuneration Committee. These committees will play vital roles in ensuring financial oversight, compliance, and the development of human capital within the organization.

Additionally, the board addressed various administrative matters, emphasizing their commitment to maintaining efficient operations and adhering to industry best practices.