Imperial Chemical Industries Limited appoints Asif Jooma Chief Executive

Karachi, February 21, 2013 (PPI-OT): The Board of ICI Pakistan Limited announced the appointment of Asif Jooma as Chief Executive of the company effective February 25, 2013. Asif Jooma started his career in the corporate sector with ICI Pakistan in 1983.

He brings with him over 28 years of extensive experience in senior commercial and leadership roles. Following early years with ICI Pakistan and subsequently Pakistan PTA Limited, Asif Jooma was appointed Managing Director of Abbot Laboratories Pakistan Limited in 2007.

He has previously served as President, American Business Council (ABC), President of Overseas Investors Chamber of Commerce and Industry (OICCI) and Chairman of Pharma Bureau. He also serves as a Director on NIB Bank Limited, Engro Fertilizers Limited and Board of Investment and Executive Committee of BOI – Government of Pakistan.

Commenting on the announcement, Asif Jooma expressed his commitment to drive the company towards maximizing shareholder value and added: “I am excited to be taking over the leadership of a company that has such a significant footprint and corporate brand equity. With over 69 years of solid performance and successful presence, ICI Pakistan today is recognized as a symbol of corporate excellence.

I believe that through a combination of further leveraging our existing businesses and exploiting future opportunities for organic growth and diversification, we will be embarking on a journey of aspiration and ambition.

Our responsibility to all our stakeholders will form the cornerstone of our activities and future actions. Following the acquisition by Lucky Holdings Limited, ICI Pakistan is now a part of YBG, a conglomerate with diversified interest in building material, textiles and power sector. I am confident that with ICI’s long history of performance and YBG’s dynamic and progressive agenda, the company is all set to emerge as a leading player in the Pakistani corporate and industrial landscape.”

For more information, contact:
Seemi Saad
Manager Corporate Communications and Public Affairs
ICI Pakistan Limited
Tel: +9221 3531 3821 – 24
Fax: +9221 3531 3832

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