Karachi: United Brands Limited has announced a significant change in its management structure, as detailed in a report dated October 28, 2026. This adjustment involves both resignations and new appointments to its Board of Directors.

The company reported that, effective October 27, 2026, several directors resigned from their positions. The directors who have stepped down include Mr. Munis Abdullah, who served as Chairman, Mr. Zubair Razzak Palwala, the Chief Executive Officer, and Ms. Faiza Naeem, Mr. Omer Awan, and Mr. Rizwan Ahmed, all of whom were Non-Executive Directors. Additionally, Mr. Abdul Samad resigned as an Independent Director.

In the wake of these resignations, United Brands Limited has appointed a new lineup of directors to steer the company forward. Mr. Munis Abdullah has resumed his role as Chairman, while Mr. Khurram Javaid has taken over as Chief Executive Officer. Other appointments to the board include Mr. Zubair Razzak Palwala, Ms. Faiza Naeem, and Mr. Omer Awan as Non-Executive Directors, with Mr. Abdul Samad and Mr. Syed Qaiser Abbas Naqvi serving as Independent Directors.

According to information available from the Pakistan Stock Exchange (PSX), this reorganization marks a significant shift in the governance of United Brands Limited. The newly constituted board reflects both continuity and change, with several returning directors and new leadership at the executive level.

This development is classified under the designated market category and represents a strategic move by United Brands Limited to align its leadership with its future objectives. The company has yet to disclose the reasons behind this reshuffle or its anticipated impact on business operations.