AGL 40.01 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 128.10 Increased By ▲ 0.40 (0.31%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.57 Decreased By ▼ -0.03 (-0.65%)
DCL 8.80 Increased By ▲ 0.01 (0.11%)
DFML 41.80 Increased By ▲ 0.22 (0.53%)
DGKC 86.00 Increased By ▲ 0.21 (0.24%)
FCCL 32.68 Increased By ▲ 0.19 (0.58%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.15 Increased By ▲ 0.60 (5.69%)
HUBC 110.99 Increased By ▲ 0.22 (0.2%)
HUMNL 14.91 Decreased By ▼ -0.16 (-1.06%)
KEL 4.90 Increased By ▲ 0.02 (0.41%)
KOSM 7.43 Decreased By ▼ -0.02 (-0.27%)
MLCF 40.30 Decreased By ▼ -0.22 (-0.54%)
NBP 61.75 Increased By ▲ 0.70 (1.15%)
OGDC 194.98 Increased By ▲ 0.11 (0.06%)
PAEL 27.45 Decreased By ▼ -0.06 (-0.22%)
PIBTL 7.84 Increased By ▲ 0.03 (0.38%)
PPL 153.50 Increased By ▲ 0.97 (0.64%)
PRL 26.87 Increased By ▲ 0.29 (1.09%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 84.10 Decreased By ▼ -0.04 (-0.05%)
TELE 8.02 Increased By ▲ 0.06 (0.75%)
TOMCL 36.94 Increased By ▲ 0.34 (0.93%)
TPLP 8.75 Increased By ▲ 0.09 (1.04%)
TREET 17.38 Decreased By ▼ -0.28 (-1.59%)
TRG 58.90 Increased By ▲ 0.28 (0.48%)
UNITY 26.84 Decreased By ▼ -0.02 (-0.07%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,644 Increased By 452.5 (0.48%)
KSE30 29,391 Increased By 189.5 (0.65%)

ISLAMABAD: Pakistan Sugar Mills Association (PSMA) Punjab Chapter has elected Chaudhary Zaka Ashraf as new chairman of the association for an interim period of three months owing to resignation of Nouman Ahmed Khan.

According to the PSMA, officials elections for the PSMA will be held in September 2020, while recently held elections the body has elected three executive members for one-year term.

The PSMA officials said that it was likely that Punjab Chapter of the PSMA may elect Chaudhary Zaka Ashraf as new chairman in the next annual polls of the body as Jahangir Khan Tareen-led group is not interested.

The Punjab Chapter of the PSMA besides electing Chaudhary Zaka Ashraf has also elected Chaudhary Mohammad Waheed and Mian Faisal Mukhtiar as new executive members.

Some of the members had threatened to launch the no-confidence motion in the last meeting of the association's Punjab Zone held on June 13, 2020, and asked the sitting chairman for honourable exit following Jahangir Khan's departure to London.

The members alleged the sitting chairman of protecting Jehangir Khan Tareen's interests and following his instruction, while not handling the industry crisis amicably.

The role of the chairman is to create awareness among the public and sensitize them about the cost of production and other industry issues.

The members want that the association should proactively come forward to dispel the impression of wrongdoings by the industry.

However, he insisted that everyone has his own working strategy.

It is not necessary that everyone agrees with the working of the chairman, he added.

Copyright Business Recorder, 2020

Comments

Comments are closed.