Hascol’s CEO steps down from his position

MG News | February 19, 2020 at 01:57 PM GMT+05:00

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February 19, 2020 (MLN): Hascol Petroleum Limited on Wednesday announced that Mr. Saleem Butt has submitted his resignation as CEO of the Company due to personal reasons, which was accepted by the Board subject to ninety days’ notice as per his employment contract commencing from December 20, 2019.

The Board in its meeting held today has shortlisted a candidate for appointment as the Chief Executive Officer in place of Mr. Saleem Butt, who will be appointed once all legal formalities are completed at which point a separate notice will be issued by the company.

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