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Change/Appointment of MD/CEO OGDCL

14th Oct 2021 10:56

RNS Number : 1035P
Oil and Gas Development Company Ltd
14 October 2021
 

 No.CS04-08/PSX October 14, 2021

 

 

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,

It is hereby informed that OGDCL Board of Directors in its 240th meeting held on October 14, 2021 approved / resolved as under:

 

A. Resignation of Mr. Shahid Salim Khan, MD/CEO be and is hereby accepted. He will relinquish the charge of office of MD/CEO on October 20, 2021.

 

B. Syed Khalid Siraj Subhani, Director will assume the duties of the office of MD/CEO on acting charge basis upon relinquishment of charge by Mr. Shahid Salim Khan on October 20, 2021.

 

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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