Pervaiz replaces Marker as ICI director

Khursheed Marker has resigned from the board of directors of ICI Company.
According to a notice of the company issued to Karachi Stock Exchange on Friday, Khursheed Marker resigned w.e.f. August 23, 2004 and Pervaiz A Khan, Vice President Soda Ash & Technical, has been appointed to fill the casual vacancy for the remaining term up to April 28, 2005.
Khan did his B Sc in Chemical Engineering from the Punjab University in 1973 and his Masters in Nuclear Technology from Islamabad University in 1975. He has been working with ICI Pakistan for the last 23 years on different manufacturing, technical and business management positions.
It should be noted here that the change triggered heavy buying in the ICI stock which registered an appreciation of Rs 6.35 to close at Rs 91.45.