Fauji Foods CEO Usman Zaheer resigns

Fauji Foods Limited has informed the Pakistan Stock Exchange that its chief executive, Usman Zaheer Ahmad, has resigned with effect from September 18. The board will name a successor at a later date. The notice was filed on Monday, according to Business Recorder.

Ahmad will remain in the post until his notice period ends, as required by company policy. The company also expressed its appreciation for his service. His LinkedIn profile indicates he has served as chief executive since March 2022, overseeing the Fauji Group's consumer business across four factories. Before that, he headed Nishat Sutas Dairy from April 2019 to March 2022.

Fauji Foods belongs to the Fauji Group and its output includes toned milk, milk powder, fruit juices and value-added dairy products like cheese, butter and Nurpur cream. Fauji Foundation and Fauji Fertiliser took over Noon Pakistan Limited in 2015, after which the firm adopted its current name.