PAKISTAN
Pakistan Refinery Limited (PRL), one of the country’s leading oil refining companies, has announced a change in its top management. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX).
Further to its announcement dated September 11, 2025, the Board of Directors of Pakistan Refinery Limited has appointed Mr. Zafar Ul Islam Usmani as Interim Managing Director and Chief Executive Officer, with effect from January 1, 2026, until further notice.
Pakistan Refinery Limited is engaged in the refining of crude oil and the production of a range of petroleum products to meet domestic energy requirements. The company plays a key role in Pakistan’s energy sector, supporting industrial, transport and economic activity through the supply of refined fuels.
The company did not disclose further details regarding the tenure or succession plan, stating that the appointment will remain in effect until further instructions from the Board. The development has been shared in accordance with the disclosure requirements of the Pakistan Stock Exchange. – ER Web Desk
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