Attock Cement clarified on Wednesday that Omer Ashraf was appointed Chief Executive Officer (CEO) of the company, effective May 2, 2026.
The clarification was given via a notice to the Pakistan Stock Exchange today.
The company said that Ashraf was not appointed as Acting Chief Executive Officer, as inadvertently “stated in the earlier intimation”.
The appointment comes after Kot Addu Power Company Limited (KAPCO) announced on Monday that Fauji Cement Company Limited and KAPCO had successfully taken over a controlling stake i.e. 92.03% in Attock Cement.
Following the reshuffle, Lt Gen Anwar Ali Hyder was appointed chairman of the company with immediate effect for the remainder of the outgoing chairman’s term.
Fauji Cement Company Limited, a subsidiary of Fauji Foundation, is a publicly listed company engaged in the manufacture and sale of cement and related products.
Kot Addu Power Company Limited is a publicly listed energy company engaged in power generation.
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