National Refinery Limited has announced a significant change in its board structure to the Pakistan Stock Exchange (PSE). Mr. Shuaib A. Malik has been appointed as the Alternate Director, replacing Mr. Laith G. Pharaon. This change took effect from January 3, 2024.

The appointment of Mr. Malik marks a notable shift in the leadership dynamics of National Refinery Limited. The company has communicated this development to the PSE, with instructions to inform the TRE Certificate Holders of the Exchange about this update in board composition.