EFERT appoints Rathore as CEO

KARACHI: Engro Fertilizers Limited (EFERT), a key player in the country's fertilizer sector and a subsidiary of Engro Corporation Limited, announced on Wednesday the appointment of Ali Rathore as its new Chief Executive Officer (CEO).

“This is to inform you that the Board of Engro Fertilizers Limited has approved the appointment of Ali Rathore as CEO of the company with effect from April 26, 2024 for the remainder of the term which will expire on the date of next Board elections i.e. March 21, 2025," the company said in a notice to Pakistan Stock Exchange. “The current CEO, Ahsan Zafar Syed, shall continue to perform his role till April 25, 2024 after which Ali Rathore will take charge as the new CEO of the company.”Rathore is currently serving as the Chief Financial Officer (CFO) of EFERT.