Company Announcements

Change / Appointment of Managing Director/CEO

Source: RNS
RNS Number : 0360E
Oil and Gas Development Company Ltd
01 July 2019
 

No.CS04-08/PSX                                                                                July 1, 2019

 

 

The General Manager

Karachi Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi

Fax No: 021-32437567

 

London Stock Exchange Plc.               10 Paternoster Square

London EC4M 7LS

Tel: (44) 020 7334 8907

 

 

Subject: CHANGE / APPOINTMENT OF MD/CEO OGDCL

 

Dear Sir,

 

We have to inform you that OGDCL Board of Directors in its 212th meeting held on June 28, 2019 approved / resolved as under:

 

A.  Resignation of Mr. Zahid Mir, MD/CEO be and is hereby accepted.  He will relinquish the charge of office of MD/CEO on July 31, 2019.

 

B.  Dr. Naseem Ahmed, Executive Director (Production) will assume the duties of the office of MD/CEO on acting charge basis upon relinquishment of charge by Mr. Zahid Mir on July 31, 2019.

 

The above information is submitted in compliance with PSX Regulations / Code of Corporate Governance for dissemination amongst your members please.

 

Yours truly,

 

 

(Ahmed Hayat Lak)

Company Secretary

Copy to:

 

The Commissioner (Enforcement),

Securities & Exchange Commission of Pakistan,

NIC Building, Islamabad.

 

 


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