MARI re-appoints Lt Gen Anwar Ali Hyder (Retd) as Chairman of Board

June 25, 2025 (MLN): Mari Energies Limited (PSX: MARI) has re-appointed Lt Gen Anwar Ali Hyder, HI(M), (Retd), Managing Director and Chief Executive Officer of Fauji Foundation, as Chairman of its Board of Directors, effective June 24, 2025.

During his distinguished career in the Pakistan Army, he held key command, staff, and instructional roles, culminating in his appointment as the Adjutant General and Principal Staff Officer to the Chief of Army Staff.

In that capacity, he led several significant welfare and commercial initiatives at both the military and national levels, including the strategic development of Fauji Foundation Companies and serving as Chairman of the Army Welfare Trust.

He also served as a member of the Apex Committee of the Special Investment Facilitation Council (SIFC), the company's filing on PSX revealed today.

Mari Energies Limited, formerly known as Mari Petroleum Company Limited, is Pakistan’s second-largest natural gas producer, with an exploration success rate of around 70%, significantly above national and international industry averages.

The company operates the country's largest gas reservoir at the Mari Gas Field in Daharki, Sindh.

Fauji Foundation holds a 40% stake in Mari Energies, while the Government of Pakistan and Oil & Gas Development Company Limited (OGDC) each own 20%.

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