• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 26, 2025
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

The Speech That Broke the Silence: Ahsan Iqbal’s Address — One Event That Dared to Connect Jinnah’s Vision to Reality.
Business

The Speech That Broke the Silence: Ahsan Iqbal’s Address — One Event That Dared to Connect Jinnah’s Vision to Reality.

December 26, 2025
Oil rises as market weighs Venezuela supply risks
Business

Oil rises slightly as market weighs supply risks

December 26, 2025
All tax offices to remain open tomorrow
Business

All tax offices to remain open tomorrow

December 26, 2025
Japan’s Nikkei ends higher as tech stocks track Wall Street’s gains
Business

Japan’s Nikkei ends higher as tech stocks track Wall Street’s gains

December 25, 2025
There’s record surge in private sector credit during FY26: PBA
Business

There’s record surge in private sector credit during FY26: PBA

December 25, 2025
CTO Lahore recovers Rs2.646bn in major tax enforcement action
Business

CTO Lahore recovers Rs2.646bn in major tax enforcement action

December 25, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 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

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

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 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.