BR100 Increased By (0.52%)
BR30 Increased By (0.44%)
KSE100 Increased By (0.46%)
KSE30 Increased By (0.58%)
BECO 5.67 Decreased By ▼ -0.06 (-1.05%)
BML 57.05 Decreased By ▼ -0.25 (-0.44%)
BOP 36.85 Increased By ▲ 0.08 (0.22%)
CNERGY 8.32 Decreased By ▼ -0.07 (-0.83%)
DCL 11.90 Decreased By ▼ -0.14 (-1.16%)
FCCL 58.66 Increased By ▲ 0.05 (0.09%)
FCSC 5.09 Increased By ▲ 0.08 (1.6%)
FFL 18.12 Increased By ▲ 0.18 (1%)
FNEL 1.26 No Change ▼ 0.00 (0%)
HUMNL 11.28 Decreased By ▼ -0.14 (-1.23%)
KEL 8.24 Decreased By ▼ -0.05 (-0.6%)
KOSM 6.54 Decreased By ▼ -0.08 (-1.21%)
MLCF 107.17 Decreased By ▼ -1.12 (-1.03%)
NBP 208.80 Increased By ▲ 2.76 (1.34%)
PACE 11.18 Increased By ▲ 0.01 (0.09%)
PAEL 45.39 Increased By ▲ 0.04 (0.09%)
PIAHCLA 30.31 Decreased By ▼ -0.46 (-1.49%)
PIBTL 18.87 Decreased By ▼ -0.19 (-1%)
PPL 248.71 Increased By ▲ 2.76 (1.12%)
PRL 36.29 Increased By ▲ 0.21 (0.58%)
PTC 74.01 Increased By ▲ 1.65 (2.28%)
SEARL 96.13 Decreased By ▼ -0.54 (-0.56%)
SSGC 31.37 Decreased By ▼ -0.30 (-0.95%)
TELE 9.21 Decreased By ▼ -0.06 (-0.65%)
THCCL 68.04 Increased By ▲ 0.23 (0.34%)
TPLP 11.64 Increased By ▲ 0.41 (3.65%)
TREET 25.72 Decreased By ▼ -0.17 (-0.66%)
TRG 67.62 Decreased By ▼ -0.22 (-0.32%)
WAVES 11.25 Increased By ▲ 0.27 (2.46%)
WTL 1.28 No Change ▼ 0.00 (0%)
Business & Finance

PSO appoints Abdus Sami interim CEO as Syed Taha leaves for K-Electric

  • Sami is an MBA from LUMS
Published Updated

The management of Pakistan State Oil (PSO), the country’s largest OMC, has approved the appointment of Abdus Sami as chief executive officer (CEO) on an interim basis.

The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.

The management “has approved, as an interim arrangement, the appointment of Abdus Sami, as chief executive officer in addition to his existing position of chief supply chain officer, with effect from March 31, 2026, until further orders or the appointment of a regular CEO.”

The development comes days after Syed Taha, the MD and CEO of PSO, was appointed chief executive of K-Electric (KE), the sole power utility of Karachi.

Taha’s appointment came amid recent changes in the power utility’s leadership, after Moonis Alvi stepped down from his role as chief executive.

Following Moonis Alvi’s resignation in February, Adeeb Ahmad was appointed as the company’s interim CEO with immediate effect.

Meanwhile, according to information available on PSO’s website, Sami has an experience of over 24 years in the energy sector executive management, field operations, and project management at the national and international levels.

He worked as Director of Commercial Distribution Operations at Tetra Tech - Oil and Gas.

Furthermore, he has significant experience in government and publicly owned electric utilities in Pakistan and Nigeria.

Sami is an MBA from Lahore University of Management Sciences (LUMS).

Comments

200 characters remaining
Sherjeel Ali Chaudary Mar 31, 2026 09:03am
Mr. Abdus Sami is also proud UETIAN who graduated from UET Lahore as Electrical Engineer
0 Reply