Fauji Fertilizer Company Limited (FFC) has announced the appointment of Jahangir Piracha as its new Managing Director and Chief Executive Officer (CEO), succeeding Mr. Sarfaraz Ahmed Rehman. Piracha’s tenure will commence on April 1, 2024, following Rehman’s departure from the CEO position on March 31, 2024.
Piracha’s appointment comes after he opted for early retirement from his role as CEO of Engro Polymer & Chemicals Limited (EPCL), as disclosed by EPCL, a subsidiary of Engro Corporation Limited, in a notice to the Pakistan Stock Exchange (PSX).
The notice stated, “Jahangir Piracha, CEO of EPCL, has opted for early retirement and consequently submitted his resignation.” It further mentioned that Jahangir will continue to oversee the company’s affairs as CEO until March 31, 2024, after which the Board of Directors will appoint a new CEO.
Acknowledging Piracha’s contributions, EPCL expressed gratitude for his significant role in the company’s growth and success. His leadership and dedication have been instrumental in driving EPCL towards notable achievements, the notice highlighted.
Before his tenure at EPCL, Jahangir Piracha served as the CEO of Engro Vopak Terminal Limited and Engro Elengy Terminal Limited since March 2017. He also held the position of Chief Executive Officer of Engro Powergen Qadirpur Limited.
Prior to joining Engro, Jahangir Piracha contributed to ICI Pakistan Ltd., where he held roles such as Vice President – Manufacturing and General Manager Human Resource & Corporate Services at Engro Polymer & Chemicals Ltd.
With his extensive experience and proven track record in the industry, Jahangir Piracha is poised to lead FFC towards continued growth and success in the fertilizer sector.