KARACHI: Engro Corporation Limited President and CEO Muhammad Aliuddin Ansari has announced to quit his job from May 11, 2015 as his successor would be announced later.
According to the company’s statement, Ansari had been placed at the helm on May12, 2012 to fill the vacancy created by Asad Umar, who departed to take the plunge in politics after having worked with Engro for 27 years in various roles and as president from 2004 to 2012.
But the schedule of company board meetings of the KSE shows that Engro Corporation’s board of directors would meet on April 28 to approve the first quarterly accounts for the period ended March 31, 2015. For the same purpose, the meeting of Engro Fertiliser’s board of directors would be held on April 24.
