Karachi: Pakistan Tobacco Company Limited announced the appointment of Mr. Usman Zahur as the new Chief Executive Officer, effective May 1, 2026. Mr. Zahur will succeed Syed Ali Akbar in this leadership role.

The company communicated this development through an official notice to inform the TRE Certificate Holders of the Exchange about the change in its executive management. This transition marks a significant shift in the company’s leadership as Mr. Zahur assumes responsibilities within the organization.

According to information available from the Pakistan Stock Exchange (PSX), this appointment is expected to influence the company’s strategic direction. The announcement has been noted in the designated market category, reflecting its relevance to shareholders and market participants.