KARACHI, April 25 — Pakistan Tobacco Company Limited (PSX: PAKT) has announced key changes in its leadership, appointing a new chairman, chief executive officer (CEO), and chief financial officer (CFO) for a term of three years, according to a stock exchange filing on Thursday.
The company named Nasir Mahmood Khan Khosa as chairman, Syed Ali Akbar as CEO, and Ahad Khan as CFO. The appointments come at a time when the industry continues to navigate regulatory pressures and shifting market dynamics.
Pakistan Tobacco Company, a subsidiary of British American Tobacco (Investments) Limited, UK, is among the largest players in Pakistan’s tobacco sector. Its ultimate parent company is British American Tobacco p.l.c, UK. Incorporated in 1947 as a public limited company, PAKT is primarily engaged in the manufacture and sale of cigarettes and other tobacco products.
The leadership reshuffle marks a new phase for the company, which has traditionally held a strong financial and market position but operates under intense scrutiny from tax authorities and public health advocates.
