Pakistan Engineering Company Ltd. (PECO) has appointed Abdul Shabbir Khan Khattak as its new Managing Director (MD), following his posting by the Ministry of Industries and Production.
PECO disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.
“We wish to inform you that Abdul Shabbir Khan Khattak is posted/appointed as MD of PECO through the Ministry of Industries and Production (MoIP) letter no. 1(1)/2022-LED-III dated 07-11-2025,” read the notice.
“The Board of Directors of PECO, in its 228th meeting held on 22-11-2025, ratified the aforementioned appointment in accordance with section 188 of the Companies Act, 2017, read with section 183 of the Companies Act, 2017 and Listed Companies Regulations, 2019.”
Earlier, the Ministry of Industries and Production appointed Khattak, Joint Secretary (A&F), Industries and Production Division, as PECO’s MD with immediate effect.
Initially established under the name of Batala Engineering Company (BECO) in 1950, PECO produced light engineering products.
Historically, the company manufactured high-quality machine tools, pumps, power looms, concrete mixers, cranes, power presses, electric motors, bicycles, steel rolled products, electricity transmission towers, structures and general fabrication.
The plant was originally set up at Badami Bagh, Lahore, spanning 34 acres, with the neighbouring area subsequently converted into the steel centre of Pakistan. Due to the rapid addition of products, the land area became inadequate for further expansion and 247 acres of land were acquired in 1960 at Kot Lakhpat industrial zone, Lahore, for relocating factory premises in the future.
After being taken over by the government in 1972 under the nationalisation reforms, it was rechristened Pakistan Engineering Company (PECO).
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