Pakistan Vanaspati Manufactures Association (PVMA) has elected Sheikh Abdul Waheed as new Chairman of the PVMA here on Saturday. Sources told Business Recorder here on Saturday that annual elections of the PVMA for new fiscal (2011-12) have been held here at the associations' office at the federal capital. The association has appointed Tariq ullha Sufi as Senior Vice Chairman and Shoaib Khan as Vice Chairman PVMA.