KARACHI: Tariq Kirmani has resigned as chairman and director of Pakistan Refinery Limited (PRL) on health grounds, effective October 9, 2026, the company informed the Pakistan Stock Exchange (PSX) on Monday.
In a notice to the exchange, PRL stated that Kirmani, who served as an independent director, had stepped down from both positions with effect from October 9.
According to information available on PRL’s website, Kirmani has more than 50 years of corporate experience in Pakistan and abroad, including senior management roles in the oil, energy and aviation sectors.
He began his career in 1969 with Caltex, now part of Chevron, after completing his Master’s degree in Business Administration. During his tenure, he spent seven years working in the United States, the United Arab Emirates and Australia in various senior management positions.
In 1991, Kirmani became the first Pakistani to be elected as a company director, according to his corporate profile.
He joined Pakistan State Oil (PSO) as deputy managing director in 1999 and was appointed managing director and chief executive officer in 2001.
In 2005, the Government of Pakistan appointed him chairman and chief executive of Pakistan International Airlines (PIA), where he served for two years.
His resignation marks a leadership change at PRL, one of Pakistan’s major petroleum refining companies.