Sitara Peroxide Limited (SPL) has announced major changes to its leadership, appointing a new chairman and chief executive officer as part of a fresh three-year management cycle.
The chemical manufacturer disclosed the development in a notice submitted to the Pakistan Stock Exchange on Wednesday.
According to the notice, Muhammad Bin Imran has been appointed as Chairman of the Board of Directors for a term of three years. The appointment marks a significant step in the company’s ongoing efforts to strengthen governance and steer its strategic direction.
In addition, Imran Ghafoor has been appointed as Chief Executive Officer (CEO) of Sitara Peroxide Limited, also for a three-year term.
Company information available on the website of Sitara Peroxide Limited shows that Ghafoor brings more than 15 years of entrepreneurial and business leadership experience to the role. He holds a Master’s degree in Business Administration from the University of the Punjab and has completed multiple professional courses in industrial management, finance, marketing, leadership, and strategy from Boston University and Lahore University of Management Sciences (LUMS).
Beyond his association with the Sitara Group of Industries, Ghafoor has also worked closely with several prominent national and international business bodies. These include the Faisalabad Chamber of Commerce and Industry (FCCI), the All Pakistan Textile Mills Association (APTMA), and the All Pakistan Chemical Exporters Association (APCEA), reflecting his broad exposure across Pakistan’s industrial and export sectors.
Sitara Peroxide Limited was incorporated in Pakistan as a public limited company under the Companies Ordinance, 1984. The company’s core business involves the manufacturing and sale of hydrogen peroxide (H₂O₂), a widely used industrial chemical, along with Sitara Safe, its disinfectant product line.
The leadership appointments come at a time when the company is seeking to stabilize operations and strengthen its market position amid challenging conditions in Pakistan’s chemical and industrial sectors.
