Avanceon Limited Strengthens Board with the Appointment of Faaria Rehman Salahuddin as Independent Director

The New Appointment Will Enhance Board Expertise to Propel Avanceon’s Strategic Initiatives

Lahore, Pakistan – December 20, 2024 – Avanceon Limited is pleased to announce the appointment of Faaria Rehman Salahuddin as an Independent Director of the company, effective November 28, 2024.

With a distinguished career spanning over 28 years, Faaria Rehman Salahuddin brings a wealth of expertise in corporate and retail banking, entrepreneurship, and strategic advisory. Her experience includes senior roles at leading financial institutions such as Standard Chartered Grindlays Bank Limited, Standard Chartered Bank, Habib Bank Limited, United Bank Limited, and Bank Alfalah Ltd. Beyond her banking accomplishments, she is the owner of a heritage restoration boutique hotel and has made notable contributions to education, particularly through her leadership of Placements at the Suleman Dawood School of Business (SDSB) at LUMS.

Faaria Rehman Salahuddin also serves on the boards of various organizations across diverse sectors, including banking, telecom, energy, textiles, healthcare, arts, real estate, and technology. She specializes in driving organizational turnarounds and business realignment through the creation of synergies, helping companies achieve sustainable growth and transformation.

Bakhtiar Hameed Wain

Avanceon’s Group CEO and Founder, Bakhtiar H. Wain, expressed his views on the new appointment,

“Faaria Rehman Salahuddin brings with her a wealth of experience that will be invaluable to Avanceon. We are excited to have her on board and look forward to the strategic leadership and insights she will provide as we continue to expand our international footprint through innovation driven ventures”

Faaria Rehman Salahuddin

Faaria Rehman Salahuddin also shared her thoughts on joining the Avanceon board stating,

“Delighted to join the Board of Directors at Avanceon! I am truly excited to contribute my professional expertise in Strategy and Business Transformation to support the company’s regional growth strategy and global ambitions. Looking forward to being part of Avanceon’s continued success in innovating beyond segments and borders”

With her extensive expertise across diverse sectors and a strategic approach to business, Ms. Salahuddin is uniquely positioned to play a pivotal role in advancing Avanceon’s continued journey of innovation, global growth, and value creation.

Please join us in welcoming Faaria Rehman Salahuddin to the Avanceon board. Her wealth of experience and insightful contributions will significantly enhance Avanceon’s leadership and further solidify its position at the forefront of the industry.

To know more about this appointment, contact marketing@avanceon.ae.

—End of News Release—

About Avanceon: Avanceon is the leading provider of industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. It has a strong market footprint through its offices in Dubai, United Arab Emirates, covering the Middle East, Lahore, Pakistan, covering Southeast Asia, and Exton, Pennsylvania, covering North America. Avanceon has been in the automation business since 1984 and has transformed into a 360-degree solution provider for automation, energy management, service, and maintenance for major blue-chip companies. A certified member of the select group of Control System Integrators Association and is also listed on the Control Engineering Magazine’s System Integrator Hall of Fame.

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