BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.75 Increased By ▲ 0.06 (0.78%)
BECO 5.30 Decreased By ▼ -0.01 (-0.19%)
BML 59.50 Decreased By ▼ -1.73 (-2.83%)
BOP 36.54 Increased By ▲ 0.54 (1.5%)
CNERGY 12.19 Increased By ▲ 0.94 (8.36%)
CSIL 6.16 Decreased By ▼ -0.01 (-0.16%)
FCCL 57.41 Increased By ▲ 0.53 (0.93%)
FFL 16.57 Increased By ▲ 0.06 (0.36%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.34 Decreased By ▼ -0.08 (-1.08%)
KOSM 6.06 Increased By ▲ 0.01 (0.17%)
LOTCHEM 27.15 Decreased By ▼ -0.05 (-0.18%)
MLCF 102.20 Decreased By ▼ -0.89 (-0.86%)
NBP 206.70 Decreased By ▼ -0.93 (-0.45%)
NCPL 62.36 Increased By ▲ 0.44 (0.71%)
NPL 71.80 Decreased By ▼ -0.38 (-0.53%)
OGDC 319.00 Increased By ▲ 0.51 (0.16%)
PACE 11.33 Increased By ▲ 0.27 (2.44%)
PAEL 43.84 Decreased By ▼ -0.54 (-1.22%)
PIBTL 16.86 Decreased By ▼ -0.04 (-0.24%)
PPL 221.50 Decreased By ▼ -0.98 (-0.44%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.00 Decreased By ▼ -1.16 (-1.59%)
SSGC 27.33 Increased By ▲ 0.08 (0.29%)
TBL 9.88 No Change ▼ 0.00 (0%)
TELE 8.75 Decreased By ▼ -0.06 (-0.68%)
TPL 20.70 Increased By ▲ 0.36 (1.77%)
TPLP 15.04 Increased By ▲ 0.07 (0.47%)
TREET 24.12 Increased By ▲ 0.02 (0.08%)
TRG 63.25 Increased By ▲ 0.88 (1.41%)
Business & Finance Print edition: 2020-02-27

Taha made new MD & CEO of PSO

Published Updated

Known and respected for his transformational skills in the energy sector over two decades of experience in the industry, the newly appointed Managing Director (MD) and Chief Executive Officer (CEO) of Pakistan State Oil Company Limited (PSO), Syed Muhammad Taha has taken charge of his office.

Speaking about his appointment, Syed Muhammad Taha said: "I am truly honoured to lead the country's largest oil marketing company with utmost devotion. PSO has huge growth potential in fuel and non-fuel retail, as well as in the lubricants segment. I am well aware of the chronic problems the company is facing, including the alarming level of receivables from various sectors."

"We will not only keep a focus on growth strategies in market-share and profitability but will also look into ways to diversify in and outside our core business areas. To achieve this, synergies will be created within various operating units of the company with the aim to better serve our customers and stakeholders."

"I have a firm belief that with help and support of my team members at all levels of hierarchy in the company; we will be able to take PSO to a whole new level in terms of growth and efficiency."

In his last 19 years of executive level management experience, he has been a member of the change management team with specific reference to K-Electric and PSO, where he was an integral member of the leadership team that turned around these struggling enterprises into highly profitable concerns. -PR

Copyright Business Recorder, 2020

Comments

Comments are closed for this article.