Dewan Salman Fibre Limited has announced major leadership changes, appointing Muhammad Irfan Ali as Chairman of the Board of Directors and Ishtiaq Ahmed as Chief Executive Officer with effect from October 3.
The development was disclosed in a notice to the Pakistan Stock Exchange (PSX) on Friday.
In addition to the top appointments, the company confirmed the election of Ishtiaq Ahmed, Muhammad Irfan Ali, Syed Farhan Asdaque, Saleem-ul-Haque, Muhammad Wajid, Asghar Iqbal, and Momna Gull as directors.
“The new appointments have taken place on, and are thus effective from Friday, September 26, 2025,” the notice read.
Dewan Salman Fibre Limited was incorporated in Pakistan on October 4, 1989 under the repealed Companies Ordinance 1984, now operating under the Companies Act, 2017. The company is engaged in the manufacturing and sale of polyester, acrylic fibre, and tow products.