Karachi: Pakistan State Oil Company Limited (PSO) has announced the appointment of Mr. Abdus Sami as the interim Chief Executive Officer, effective March 31, 2026. This decision was made during a meeting of the company’s Board of Management held on March 30, 2026. Mr. Sami will assume the leadership role in addition to his current responsibilities as Chief Supply Chain Officer, until further directives or the appointment of a permanent CEO.

The change in leadership comes as part of an interim arrangement, with the company adhering to Rule 5.6.1 of the Stock Exchange Rules. Mr. Sami’s dual role is expected to guide PSO through its current operational phase while the search for a regular CEO is conducted.

According to information available from the Pakistan Stock Exchange (PSX), PSO has been a significant player in the country’s energy sector. The company’s leadership transition is a notable event within the designated market category, given its impact on the industry and stakeholders.

The Board’s decision underscores a strategic move to maintain continuity and stability within PSO’s executive management during the transition period. The appointment has been communicated to the TRE Certificate Holders of the Exchange, reflecting the company’s compliance with procedural norms.