In a key corporate development, Engro Holdings Limited, one of Pakistan’s largest business conglomerates, has reappointed Hussain Dawood as Chairman of the Board and Abdul Samad Dawood as Chief Executive Officer.
The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.
“This is to inform you that following the election of directors of Engro Holdings Limited, the Board of Directors has appointed Hussain Dawood as the Chairman of the Board, and Abdul Samad Dawood as the Chief Executive Officer of the company with effect from May 22, 2026, for a term up to and including the date of the next election of directors of the company,” read the notice.
Engro Holdings Limited, previously Dawood Hercules Corporation Limited, was incorporated in Pakistan on April 17, 1968, as a public limited company under the Companies Act, 1913 (now the Companies Act, 2017).
The principal activity of the company is to manage investments, including in its subsidiaries and associated companies.
Hussain Dawood, who also serves as the Chairman of Engro Corporation, is an entrepreneur, businessman, and philanthropist who has driven the Group and its investments since 2002 into new fields of business and achieved new levels of growth in revenues.
Dawood has been leading the Group’s engagement with the World Economic Forum since 1992. He holds an MBA from the Kellogg School of Management, Northwestern University, USA, and is a graduate in Metallurgy from Sheffield University, UK.
Meanwhile, Abdul Samad Dawood has over 20 years of experience in management and governance with a special interest in mergers and acquisitions.
Samad has led multi-billion-dollar M&A deals, including Engro Holdings’ (formerly Dawood Hercules Corporation) acquisition of The Hub Power Company from National Power International Holdings B.V. in 2012 and the sale of DH Fertilizers to Fatima Fertilizer Company in 2015. He was also given the responsibility to lead the merger of Engro Foods (a subsidiary of Engro Corporation) into global dairy giant Royal FrieslandCampina N.V.
