EngroHoldings Names Hussain Dawood Chairman, Abdul Samad Dawood CEO

Engro Holdings Limited has appointed Hussain Dawood as Chairman of the Board and Abdul Samad Dawood as Chief Executive Officer.

The company disclosed the appointment in a notification to the Pakistan Stock Exchange (PSX) on Monday.

The notification states that, following the election of directors, the Board appointed Hussain Dawood as Chairman and Abdul Samad Dawood as Chief Executive Officer, effective May 22, 2026, for a term that will continue until the next election of directors.

Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, was incorporated in Pakistan on April 17, 1968 as a public limited company under the Companies Act, 1913 (now the Companies Act, 2017).

Its principal activity is the management of investments, including those in its subsidiaries and associated companies.

Hussain Dawood, who also serves as Chairman of Engro Corporation, is an entrepreneur, businessman, and philanthropist who has steered the Group’s investments since 2002, driving new business areas and revenue growth.

He has led the Group’s engagement with the World Economic Forum since 1992. Dawood holds an MBA from the Kellogg School of Management at Northwestern University and a degree in Metallurgy from the University of Sheffield.

Abdul Samad Dawood brings over 20 years of experience in management and governance, with a focus on mergers and acquisitions.

He has overseen multi‑billion‑dollar deals, including Engro Holdings’ acquisition of The Hub Power Company from National Power International Holdings B.V. in 2012, the sale of DH Fertilizers to Fatima Fertilizer Company in 2015, and the merger of Engro Foods into Royal FrieslandCampina N.V.

Source link