In a strategic move poised to steer FrieslandCampina Engro Pakistan Limited towards new horizons, the board has greenlit the appointment of Kashan Hasan as the Chief Executive Officer, effective February 01, 2024. This decision sets the stage for a leadership transition, marking the departure of Ali Ahmed Khan from the CEO position.
The company officially communicated this development to the Pakistan Stock Exchange (PSX) in a notice on Monday. According to the announcement, Kashan Hasan’s tenure as CEO will extend until April 26, 2024, aligning with the date of the next election of directors. Simultaneously, the board has accepted the resignation of Ali Ahmed Khan as CEO, who will, however, continue to serve as a Director on the Company’s Board for the remainder of the term.
Kashan Hasan brings a wealth of experience to his new role as CEO, having served as the Chief Executive Officer at Shan Foods. A graduate from the prestigious Institute of Business Administration (IBA), his professional journey spans over 22 years, reflecting a diverse and accomplished career. Prior to joining Shan Foods, Hasan spent 15 years at Reckitt, undertaking various regional and global assignments in key markets such as Pakistan, South Africa, the UK, and the Middle East.
The strategic decision to appoint Kashan Hasan underscores FrieslandCampina Engro’s commitment to securing dynamic and seasoned leadership to navigate the company through its current challenges and future growth opportunities. Hasan’s track record of leadership and success positions him as a key player in driving innovation, operational excellence, and sustainable growth for FrieslandCampina Engro in the coming years.
As Kashan Hasan takes the helm, the company anticipates a seamless transition and looks forward to leveraging his extensive expertise to strengthen its market position, foster innovation, and drive value for stakeholders. This move signals a new chapter for FrieslandCampina Engro, marked by leadership continuity, strategic vision, and a commitment to excellence in the dynamic landscape of the dairy and nutrition industry.