KARACHI: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) on Thursday announced the appointment of Nadeem Khan, previously working as group chief financial officer of PTCL and Ufone, as CEO of PTCL, effective immediately for a period of 14 days.
The leadership transition comes as the company marks the successful completion of the amalgamation of Telenor Pakistan into Pak Telecom Mobile Limited (PTML), operating as Ufone 5G.Nadeem Khan is a chartered accountant with over two decades of association with the PTCL Group, the company said. He joined Ufone as chief financial officer in 2003, a role he held for a decade, before a brief stint on the Board of U Microfinance Bank Limited. He was appointed at the PTCL Group in 2017 as Group chief financial officer, going on to oversee the Group’s financial strategy through a period of major transformation, including the Telenor Pakistan acquisition. He currently serves as a Member of the Accounting Standards Board of the Institute of Chartered Accountants of Pakistan.
Hatem Bamatraf, serving as President and CEO of PTCL & Ufone for the past 5 years, has stepped down from his role at PTCL to take on the position of CEO of Pak Telecom Mobile Limited (PTML).