Biafo Industries Limited appoints new CEO
- Matin Amjad will take over as CEO on July 1, 2026, succeeding Anwar Moin in a key leadership change for the company
Biafo Industries Limited announced Matin Amjad as its new CEO, effective July 1, 2026, following the resignation of Anwar Moin, as shared in a notice to the PSX.
- New CEO appointment at Biafo Industries.
- Previous CEO's resignation and board's acceptance.
- Biafo Industries' manufacturing of explosives and accessories.
Biafo Industries Limited (BIFO) announced on Tuesday key appointments.
The development was shared in a notice to the Pakistan Stock Exchange (PSX) today.
The company said that Matin Amjad was appointed as the new Chief Executive Officer (CEO) with effect from July 1, 2026.
The appointment was made after Anwar Moin resigned as CEO, effective from June 30.
The board thanked Moin for his service to the company and accepted his resignation.
Meanwhile, Biafo added that Amjad’s terms and conditions of employment were approved by the Board as outlined in his employment contract.
“The Board of Directors approved the resignation of Anwar Moin and the appointment of Matin Amjad in its meeting held on June 1, 2026.
BIFO was incorporated in Pakistan as a public limited company in 1988 and started its commercial operations in 1994.
The principal activity of the company is the manufacturing and sale of commercial explosives and blasting accessories, which include detonators and other materials.
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