PAKISTAN
Fecto Cement Limited has informed the Pakistan Stock Exchange (PSX) about changes in its Board of Directors following the resignation of two independent directors.
According to the company’s notice to PSX, Mr. Aamir Ghani and Mr. Mohammad Anwar Habib have resigned from their positions as Independent Directors, including the relevant chairmanships of the Board and committees, with effect from January 14, 2026.
Subsequently, the Board of Directors has appointed Mr. Safdar Abbas Morawala and Mr. Ahmed Mujtaba Memon as Independent Directors of the company with effect from the same date. The appointments have been made from the Data Bank of Independent Directors in compliance with Section 166 of the Companies Act, 2017. Both directors will serve for the remainder of the existing term.
The company further informed that Mr. Jamil Ahmed Khan has been appointed as Chairman of the Board, replacing Mr. Aamir Ghani, effective January 14, 2026. – ER News Desk
READ MORE
Prof. Dr. Khadija Qureshi Appointed Dean of Faculty at MUET
Prof. Dr. Khadija Qureshi The Government of Sindh has appointed Prof. Dr. Khadija Qureshi as…
Engineering Pakistan’s Future: Fahad Chinoy on Industrial Growth, Energy Security, and Local Manufacturing
Fahd Kamal Chinoy, Chief Executive Officer, Pakistan Cables Limited THE INTERVIEW Engineering Review: In the aftermath…
ADB, Pakistan discuss financing and upgradation of ML-1 project
Asian Development Bank (ADB) Vice President Yang met Federal Minister for Railways Muhammad Hanif Abbasi…
LEAP 2026 boosts Pakistan’s prospects in Saudi technology market
Pakistani IT and IT-enabled companies received strong interest from Saudi investors and technology firms at…
Pakistani law firm launches AI-powered legal intelligence platform
Pakistani law firm Akhund Forbes has launched Conclavity, an artificial intelligence (AI)-powered legal intelligence platform…
Kaspersky finds higher malware infection rate among macOS users
A Kaspersky survey has found that 12 percent of macOS users reported experiencing malware infections,…