Karachi: Pakistan State Oil Company Limited (PSO) has announced a change in the effective date for the appointment of its new Chief Executive Officer. Mr. Jawwad Ahmed Cheema, previously scheduled to assume the role on May 18, 2026, will now take charge immediately. This decision was made in a Board of Management meeting held on April 27, 2026, in compliance with Rule 5.6.1 of the PSX Regulations.

The announcement follows PSO’s earlier notification on April 11, 2026, regarding Mr. Cheema’s appointment for a three-year term. According to information available from the Pakistan Stock Exchange (PSX), the adjustment in the effective date underscores the Board’s commitment to ensuring a seamless leadership transition at the Company.

Stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this development. The change is expected to facilitate continuity in PSO’s strategic initiatives and operational activities without any interim gap in leadership.