Engro Fertilizers Limited has informed the Pakistan Stock Exchange about a key executive appointment. The Board has been notified that Mr. Ahsan Zafar Syed, the current Chief Executive Officer of Engro Fertilizers Limited, has been designated as the 'President & Chief Executive Officer - Designate' of Engro Corporation Limited. Mr. Ahsan Zafar Syed will continue to actively manage the affairs of Engro Fertilizers Limited in his existing role as CEO until further notice.

This announcement marks a transitional phase in the company's leadership, as Mr. Syed prepares to assume his new responsibilities at Engro Corporation Limited. His experience and leadership at Engro Fertilizers have been integral to the company's growth and success, positioning him as a valuable asset for the parent corporation. Following Mr. Syed's eventual move to Engro Corporation Limited, the Board of Directors of Engro Fertilizers Limited will be responsible for appointing a new Chief Executive Officer.

This decision will be crucial for the company's future direction and continued success in the competitive fertilizers market. The appointment of a new CEO will be a key factor in driving the company forward, building on the foundations laid by Mr. Ahsan Zafar Syed.