Karachi, November 7, 2023 – In a strategic move to enhance its leadership team, Philip Morris Pakistan Limited (PMPKL) has officially named Sarfaraz Ahmed Rehman as the Chairman of the Board.
This announcement marks a significant development for the company, as Rehman’s remarkable career trajectory and commitment to sustainability align perfectly with PMPKL’s vision for the future.
Sarfaraz Ahmed Rehman brings with him a wealth of experience spanning various sectors, and his appointment reflects PMPKL’s pursuit of transformative leadership. Over the years, Rehman has held key roles at prominent organizations, including Unilever, GSK, Jardine Matheson/Olayan JV, and PepsiCo, where he served as Country Manager for Pakistan and Afghanistan. His leadership at Engro Foods as CEO was particularly noteworthy, as it led to the company receiving the prestigious G20 Global Top 15 Companies award. Rehman’s second stint at Engro Foods in 2015 culminated in the historic sale of a 51% stake to Royal FrieslandCampina, signifying a significant investment in Pakistan’s corporate landscape.
Roman Yazbeck, Managing Director of Philip Morris International (PMI), expressed the company’s enthusiasm for Rehman’s appointment, stating, “In welcoming Sarfaraz Ahmed Rehman as Chairman of the Board, we gain a visionary leader with a rich and diverse background that aligns perfectly with our commitment towards a sustainable future. His impressive track record in driving transformative change will be instrumental as we advance on our journey.”
Rehman, in response to his new role, conveyed his eagerness to contribute to PMPKL’s mission. He remarked, “As I take on the role of Chairman of the Board at Philip Morris Pakistan Limited, I am honored to be a part of an organization committed to transforming for a sustainable future. The journey ahead is not only exciting but also holds the promise of contributing positively to its consumers. I look forward to the challenges and opportunities that lie ahead, and I’m dedicated to driving PMPKL’s vision and mission.”
Sarfaraz Ahmed Rehman’s most recent role at Fauji Fertilizer Company (FFC) in 2021 showcased his ability to steer companies towards dynamic futures. His appointment as Chairman of the Board at PMPKL signifies a significant milestone in the company’s continued commitment to providing better choices to its consumers and advancing the transformation journey.
PMPKL’s decision to bring Sarfaraz Ahmed Rehman on board as Chairman of the Board underscores the company’s dedication to fostering sustainable practices and innovative leadership in the tobacco industry. Rehman’s appointment is expected to bring a fresh perspective and drive to the company, ensuring that PMPKL continues to be a leader in the evolving landscape of corporate responsibility and consumer-focused choices.
The appointment of Sarfaraz Ahmed Rehman is not only a testament to his outstanding track record but also a reflection of PMPKL’s commitment to creating a more sustainable and responsible future for the company and its stakeholders. His leadership is poised to guide the company towards new horizons and strengthen its position as a leader in the industry.
