Karachi, June 17th, 2026: Wafi Energy Pakistan Limited (WEPL), formerly Shell Pakistan Limited, has reaffirmed its leadership team while reporting strong financial growth.
The company’s Board of Directors has reappointed Ghassan Al Almoudi as Chairperson for a further three-year term effective June 16, 2026. The board also approved the reappointment of Zubair Shaikh as Chief Executive Officer for the same tenure, ensuring continuity in the company’s governance and strategic direction.
Alongside the leadership announcements, WEPL reported a profit after tax of Rs2.16 billion, marking a 148% increase from Rs873 million recorded in the corresponding period last year.
The company also announced the appointment of Waheed A. Shaikh and Habib Haider to its Board of Directors. Both bring extensive experience in Pakistan’s downstream petroleum sector, with expertise spanning energy operations, retail fuels, corporate relations, strategic planning, and business transformation.
WEPL is a publicly listed company majority-owned by Wafi Energy Holding Limited, based in Abu Dhabi, United Arab Emirates.
