Dy­namic growth is the con­cept which forms the core of the com­pany’s heart and soul. Keep­ing this in view PSO’S new MD & CEO, Mr. Naeem Yahya Mir has de­vel­oped a vi­sion for the fu­ture of the state-owned gi­ant.

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for the right jobs. He plans to em­power the se­nior cadre to make de­ci­sions and own their re­spec­tive projects and de­part­ments.

Mir has a strong be­lief in merit and his bench­marks for suc­cess in­clude in­tel­li­gence, hard work and a de­ter­mi­na­tion to get re­sults. With this in mind, he has pro­posed the im­ple­men­ta­tion of IQ tests to be made a manda­tory part of all hir­ing and pro­mo­tion tests to fil­ter em­ploy­ees and al­low their groom­ing for fu­ture po­si­tions. He is also im­ple­ment­ing a team­based en­vi­ron­ment at PSO, which would change the per­for­mance ap­praisal process in a man­ner that team re­sults are given 80 per­cent weigh­tage rather than reliance on only in­di­vid­ual suc­cess and achieve­ments.

The PSO man­age­ment is mov­ing con­fi­dently ahead. Through im­ple­men­ta­tion of this out­lined strat­egy they plan to not only main­tain the com­pany’s lead­er­ship po­si­tion in the lo­cal en­ergy sec­tor, but also hope to reach new heights in the global en­ergy mar­ket. The Board of Man­age­ment has as­sured its full sup­port to the new Man­ag­ing Di­rec­tor so that PSO con­tin­ues to lead in driv­ing the na­tion’s econ­omy and meet­ing the en­ergy needs of the coun­try in a re­spon­si­ble and timely man­ner.

Mov­ing For­ward

PSO has also car­ried out sev­eral in­no­va­tions in the field of Non- fuel re­tail ser­vices at its re­tail out­lets in­clud­ing the launch of Auto Car Wash Ser­vice, ATMS and Self-ser­vice Bank­ing Cen­tres and con­ve­nience stores known as Stop Shops. The com­pany was also the first to in­tro­duce fuel cards in the Pak­istani mar­ket and cur­rently has the largest base of fuel card cus­tomers across the na­tion.

Un­in­ter­rupted Sup­plies 24/ 7

De­spite be­ing cash strapped due to non-pay­ments from the power sec­tor, Pak­istan State Oil has played a piv­otal role in en­er­giz­ing the na­tion by en­sur­ing un­in­ter­rupted and con­tin­u­ous fuel sup­ply to en­ergy pro­duc­ers. Even in the face of ris­ing cir­cu­lar debt and mount­ing liq­uid­ity is­sues, PSO de­liv­ered on its prom­ise to pro­vide for the na­tion in a re­spon­si­ble man­ner by pro­vid­ing over 32,000 MTS of fur­nace per day to power plants lo­cated across the coun­try.

Even dur­ing the dev­as­tat­ing floods of 2010 and mon­soon rains of 2011, PSO de­ployed its re­sources in a time­con­scious man­ner and pro­vided un­in­ter­rupted fuel sup­plies to the af­fected ar­eas. Not only this, PSO kept its 3300 re­tail out­lets op­er­a­tional while car­ry­ing out main­te­nance and re­pair work to re­vive af­fected out­lets in flood­af­fected ar­eas.

With its in­her­ent strengths and the gov­ern­ment’s sup­port, PSO con­tin­ues to play a vi­tal role in the na­tional econ­omy. Pro­vid­ing for the needs of the coun­try at ev­ery turn, the com­pany sells prod­uct in times of cri­sis, pro­vides a means of liveli­hood for thou­sands and sup­ports the na­tional econ­omy by be­ing one of the largest tax pay­ers in the coun­try. No won­der, the Com­pany’s name has be­come syn­ony­mous with na­tion- build­ing and com­mu­nity im­prove­ment.

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