Al-Ghazi Tractors appoints Yasin Seker as new CEO

Seker to replace Sakib Eltaff, who will continue until end of 2025 term

The Board of Directors of Al-Ghazi Tractors Limited (AGTL) has approved the appointment of Mr. Yasin Seker as the company’s new Chief Executive Officer, effective January 1, 2026, according to a notice sent to the Pakistan Stock Exchange (PSX).

In the official communication dated October 24, 2025, the company said, “The Board of Directors of Al-Ghazi Tractors Limited in its meeting held on October 24, 2025, has approved the appointment of Mr. Yasin Seker as the Chief Executive Officer of the Company, with effect from January 01, 2026, for the remainder term of the Board.”

The company also confirmed that Mr. Sakib Eltaff, the current Chief Executive Officer, will continue to serve until December 31, 2025, after which Mr. Seker will assume charge. 

“Mr. Sakib Eltaff… shall continue to perform his duties until December 31, 2025, and will cease to hold the position of Chief Executive Officer with effect from January 01, 2026,” the notice added.

AGTL, a producer of New Holland tractors in Pakistan, notified the Securities and Exchange Commission of Pakistan and the PSX of the leadership change as part of its regulatory disclosure obligations. 

Al-Ghazi Tractors Limited was incorporated as a public limited company in June, 1983. The company is principally engaged in the manufacture and sale of agricultural tractors, generators, implements and spare parts and providing irrigation solutions for agriculture. The company is a subsidiary of Al-Futtaim Industries Company LLC, U.A.E.

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