• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Sunday, March 22, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Engro Holdings appoints Abdul Samad Dawood as CEO – Markets

January 6, 2025
in Business
Share on FacebookShare on TwitterWhatsapp

The Board of Directors (BoD) of Engro Holdings Limited, one of Pakistan’s largest conglomerates, has appointed Abdul Samad Dawood as the Chief Executive Officer (CEO).

Engro disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.

‘Pakistan an invest-able market’: Engro Corp’s Samad Dawood explains tower sharing deal with Veon

“The Board of Directors of Engro Holdings Limited, in its meeting held on January 3, 2025, approved the appointment of Abdul Samad Dawood as the CEO of the company in place of Mohammad Shamoon Chaudry, with effect from January 3, 2025,” read the notice.

“The Board records its sincere appreciation for the invaluable contributions made by Mohammad Shamoon Chaudry during his tenure as CEO,” it added.

About Abdul Samad Dawood

As per information available on Engro’s website, Abdul Samad Dawood is currently Vice Chair of the Board of Dawood Hercules Corporation, an investment company of the Dawood Group.

He previously served as the Vice Chair of the Board of Engro Corporation, which remains one of Dawood Hercules Corporation’s largest investments to date.

He is an economics graduate from University College London, UK, and a certified director of corporate governance from the Pakistan Institute of Corporate Governance.

With over 20 years of experience in management and governance, Dawood specialises in mergers and acquisitions (M&A) deals, including the Dawood group’s acquisition of HUBCO from National Power International Holdings in 2012 and the sale of DH Fertilizers to Fatima Fertilizer Company in 2015.

Dawood was also entrusted with the responsibility of leading the merger of Engro Foods (a subsidiary of Engro Corporation) into global dairy giant Royal FrieslandCampina and has since served as the Chair of the Board of FrieslandCampina Engro Pakistan.

Dawood is also an active director on the Board of the Pakistan Business Council (PBC). In line with his interests, he is a Director on the Boards of The Dawood Foundation, KSBL, Cyan Ltd, Dawood Lawrencepur Ltd, and Reon (Pvt) Ltd.

In addition to governance, Dawood has served as CEO for Dawood Hercules Corporation Ltd and Cyan Ltd and is an active member of the Young Presidents Organization.

The Board of Directors (BoD) of Engro Holdings Limited, one of Pakistan’s largest conglomerates, has appointed Abdul Samad Dawood as the Chief Executive Officer (CEO).

Engro disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.

‘Pakistan an invest-able market’: Engro Corp’s Samad Dawood explains tower sharing deal with Veon

“The Board of Directors of Engro Holdings Limited, in its meeting held on January 3, 2025, approved the appointment of Abdul Samad Dawood as the CEO of the company in place of Mohammad Shamoon Chaudry, with effect from January 3, 2025,” read the notice.

“The Board records its sincere appreciation for the invaluable contributions made by Mohammad Shamoon Chaudry during his tenure as CEO,” it added.

About Abdul Samad Dawood

As per information available on Engro’s website, Abdul Samad Dawood is currently Vice Chair of the Board of Dawood Hercules Corporation, an investment company of the Dawood Group.

He previously served as the Vice Chair of the Board of Engro Corporation, which remains one of Dawood Hercules Corporation’s largest investments to date.

He is an economics graduate from University College London, UK, and a certified director of corporate governance from the Pakistan Institute of Corporate Governance.

With over 20 years of experience in management and governance, Dawood specialises in mergers and acquisitions (M&A) deals, including the Dawood group’s acquisition of HUBCO from National Power International Holdings in 2012 and the sale of DH Fertilizers to Fatima Fertilizer Company in 2015.

Dawood was also entrusted with the responsibility of leading the merger of Engro Foods (a subsidiary of Engro Corporation) into global dairy giant Royal FrieslandCampina and has since served as the Chair of the Board of FrieslandCampina Engro Pakistan.

Dawood is also an active director on the Board of the Pakistan Business Council (PBC). In line with his interests, he is a Director on the Boards of The Dawood Foundation, KSBL, Cyan Ltd, Dawood Lawrencepur Ltd, and Reon (Pvt) Ltd.

In addition to governance, Dawood has served as CEO for Dawood Hercules Corporation Ltd and Cyan Ltd and is an active member of the Young Presidents Organization.

Share15Tweet10Send
Previous Post

US stocks edge higher on rebound in chip stocks

Next Post

KSE-100 loses 1,332 points after volatile trading

Related Posts

My husband and I have worked together for 15 years — and still like each other. Here's how we manage marriage and our business.
Business

My husband and I have worked together for 15 years — and still like each other. Here’s how we manage marriage and our business.

March 21, 2026
United Airlines to cut more flights as it eyes oil above $100 through 2027 - Markets
Business

United Airlines to cut more flights as it eyes oil above $100 through 2027 – Markets

March 21, 2026
Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say - Markets
Business

Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say – Markets

March 21, 2026
Indian lenders pay steepest premium for short-term funds in 6 years as borrowings hit record - Markets
Business

Indian lenders pay steepest premium for short-term funds in 6 years as borrowings hit record – Markets

March 20, 2026
Indian asset managers dump government bonds at record pace on oil shock - Markets
Business

Indian asset managers dump government bonds at record pace on oil shock – Markets

March 20, 2026
Work from home, avoid air travel to deal with higher energy prices, IEA says - Markets
Business

Work from home, avoid air travel to deal with higher energy prices, IEA says – Markets

March 20, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.