Panama Petrochem Limited announced that Mr. Amin Rayani (DIN: 00002652) has tendered his resignation from the office Managing Director and CEO (Directorship) of the Company which will be effective from October 01, 2023, to purse the other key role within the organization with an objective to drive substantial growth and expansion of business. Mr. Arif Rayani has been overseeing the critical aspects of marketing and production within the company. With a remarkable tenure spanning since 1998, he has played a pivotal role in the company's growth and success, contributing significantly to its current achievements.

With extensive experience and expertise in sales, marketing and production, Mr. Arif Rayani has been instrumental in developing and executing effective marketing strategies, driving brand recognition, and expanding the company's market reach.