Karachi: Thatta Cement Company Limited has announced the appointment of Mr. Muhammad Owais as its new Chief Financial Officer, effective November 19, 2024, replacing Mr. Muhammad Abid Khan. According to a statement released by the company, Mr. Khan will continue to serve in his capacity as Company Secretary, a role in which he has been recognized for his contributions during his tenure as CFO.

This executive appointment is part of the company's ongoing efforts to streamline its financial leadership and ensure continued alignment with its strategic goals. According to information available from the Pakistan Stock Exchange (PSX), the company has informed TRE Certificate Holders of the Exchange about this significant change in its financial leadership.

The board of Thatta Cement expressed its gratitude for Mr. Khan's valuable contributions as CFO, underscoring the importance of stable financial stewardship as the company navigates the evolving market landscape.