Karachi: Wafi Energy Pakistan Limited has announced the reappointment of Mr. Ghassan Al Almoudi as the Chairperson of the Board of Directors for a three-year tenure, commencing on June 16, 2026. This decision was made during a board meeting held on June 15, 2026, and is now being communicated to all relevant stakeholders, including the TRE Certificate Holders of the Exchange.

The reappointment of Mr. Al Almoudi, who has held significant leadership roles within the company, is expected to reinforce stability and continuity at the helm of the board. According to information available from the Pakistan Stock Exchange (PSX), such leadership decisions are pivotal for publicly listed companies as they navigate the complexities of corporate governance in an ever-evolving market environment.

As a leading entity in the energy sector, Wafi Energy Pakistan Limited continues to play a critical role in the market category designated for energy companies. The announcement is part of ongoing efforts to maintain effective leadership and strategic direction in a competitive industry.