Engro Holdings Limited has announced key leadership changes after its latest board election, appointing Hussain Dawood as chairman and Abdul Samad Dawood as chief executive officer. The decision follows the company’s annual general meeting held on April 28, 2026, where shareholders elected the board of directors for the upcoming term and approved subsequent leadership roles. […]
corporate governance
K-Electric CEO Moonis Alvi resigns after PSX disclosure
K-Electric (KE) Chief Executive Officer (CEO) Moonis Alvi has stepped down from his position, according to a disclosure submitted to the Pakistan Stock Exchange (PSX) on February 6. The development was formally communicated to the exchange in line with regulatory requirements under the Securities Act, 2015, and the PSX Rule Book. Read More: Green light […]
Ben & Jerry’s board sues Magnum over alleged interference
NEW YORK – Ben & Jerry’s co-founder Ben Cohen has announced that the ice cream maker’s independent board has filed a lawsuit against its new parent company, Magnum, accusing it of interfering with the brand’s legally protected social mission. The move comes just one week after Ben & Jerry’s was placed under The Magnum Ice […]
EU, Pakistan sign €20m deal for business reforms
ISLAMABAD – July 10, 2025: Pakistan and the European Union have signed a €20 million grant agreement aimed at enhancing corporate governance and improving the business environment. Signed by EU Ambassador Dr. Reena Kiwanka and Secretary of the Economic Affairs Division Dr. Kazim Niaz, the deal signals shared commitment to sustainable and inclusive economic development. […]