TPL Trakker Limited has announced a change in its leadership. Mr. Rao Salman has stepped down as the Chief Executive Officer of the company, effective June 2024, and Mr. Amjad Waciar has been appointed as the new CEO. The company communicated the leadership transition in a notice sent to the Pakistan Stock Exchange, which also instructed to inform the TRE Certificate Holders of the Exchange about this significant change.

This corporate reshuffle comes as part of the company's strategic efforts to steer TPL Trakker towards new opportunities and challenges in the industry. Mr. Amjad Waciar, the newly appointed CEO, is expected to bring a fresh perspective and leadership strategy to the company, although details about his previous roles or the strategic direction he will take the company were not disclosed in the announcement.