Jubilee Spinning & Weaving Mills Limited announced that In a meeting held by the Board of Directors, Mr. Shaukat Shafi has been appointed as the Chairman of Jubilee Spinning and Weaving Mills Limited for a tenure of three years, commencing from June 01, 2023. During the meeting, the board members unanimously recognized Mr. Shafi's extensive experience and exceptional leadership qualities, making him the ideal candidate for the prestigious position. With a proven track record of successful management and strategic decision-making, Mr. Shafi brings a wealth of knowledge to his new role.

As the newly appointed Chairman, Mr. Shafi will play a pivotal role in driving the company's growth and overseeing its operations. His vast industry expertise and vision for innovation are expected to steer Jubilee Spinning and Weaving Mills Limited towards new heights of success. Prior to this appointment, Mr. Shafi held several key positions in the textile industry, displaying his comprehensive understanding of the sector's challenges and opportunities.

His previous roles encompassed executive leadership positions, where he spearheaded numerous successful ventures, fostering growth and profitability. With Mr. Shafi at the helm, the company anticipates embarking on a new era of expansion, innovation, and sustainable practices. His strategic vision and leadership acumen are expected to further strengthen the company's position, driving it towards greater accomplishments in the coming years.