Beximco Pharmaceuticals Limited announced the resignation of Ahsanul Karim and the appointment to the Board of Directors of Faheemul Huq as a Non-Executive Director of the company. Mr. Karim's resignation was accepted by the Board at a Board meeting on April 3, 2013, becoming effective immediately. Faheemul Huq is working at the law firm of Huq and company where he advises local and international companies on a variety of legal subjects including Corporate law, Corporate Governance and International Arbitration.

Mr. Huq received LLB (Hon's) from both the University of Dhaka, Bangladesh and Wolverhampton, UK. Huq has been appointed for an initial term of three years, subject to shareholder approval at the company's next AGM. As one of the independent directors, Mr. Huq will take over the role of Chairman of the reconstituted Audit Committee with immediate effect.