Karachi, Pakistan – Philip Morris Pakistan Limited (PMPKL) is delighted to announce the appointment of Mr. Sarfaraz Ahmed Rehman as the new Chairman of the Board. Mr. Rehman is a distinguished professional with a remarkable career that has traversed diverse sectors and renowned projects, reflecting his expertise as a start-up and turnaround specialist. His journey began at Unilever, and he subsequently made pivotal contributions during the GSK merger, played an instrumental role in establishing the first logistics service provider in the Middle East with Jardine Matheson/Olayan JV, and held the position of Country Manager for Pakistan and Afghanistan at PepsiCo.

Mr. Rehman’s most notable achievement was at Engro Foods, where he served as CEO and led the company to become a leading FMCG enterprise. During his tenure, Engro Foods was honoured with the G20 Global Top 15 Companies award, a distinction unique to a Pakistani company. His dedication to transformative leadership extended to the social responsibility sector with the Dawood Foundation’s KSBL education project. After a sabbatical, Mr. Rehman returned to Engro Foods as CEO and executed a successful turnaround by 2015, culminating in the sale of a 51% stake to Royal FrieslandCampina, marking the largest private foreign investment in Pakistan’s history.

“In welcoming Mr. 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,” said Roman Yazbeck, Managing Director PMI.

Mr. Rehman also commented on the occasion, “As I take on the role of Chairman of the Board at Philip Morris Pakistan Limited, I am honoured to be a part of an organisation that is committed towards transforming for a sustainable future. The journey ahead is not only exciting but also holds the promise of contributing positively toits consumers. I look forward to the challenges and opportunities that lie ahead, and I’m dedicated to driving PMPKL’s vision and mission.”

In his most recent role at Fauji Fertilizer Company (FFC) in 2021, Mr. Rehman is steering the company toward a dynamic future.

His appointment as Chairman of the Board marks a significant milestone in PMPKL’s ongoing commitment to provide better choices and drive the transformation journey.