May 28, 2020 (MLN): Fauji Fertilizer Bin Qasim Limited (FFBL) has informed the Pakistan Stock Exchange that the employment contract of Lt General Javed Iqbal as the Chief Executive Officer of Managing Director of the company is expiring on June 9, 2020.
Accordingly, the Board of Directors of the company has approved Mr. Sarfaraz Ahmed Rehman as Director / CEO of FFBL with effect from June 10, 2020.
A Chartered Accountant by qualification, Sarfaraz Ahmed Rehman has 30 years of professional work experience, mainly in the FMCG industry. He commenced his career with Unilever in 1983 and subsequently worked in companies such as Smithkline Beecham and Jardine Matheson/Olayan.
He then moved to PepsiCo, managing the Pakistan/Afghanistan Unit. Pepsi Pakistan won the Franchise of the Year in 2001 and he received the Chairman’s Award in 2000 – this is an annual award given to a few Pepsi managers worldwide. He is also credited for launching Engro Foods Limited in 2005 and being its CEO for over six years.
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