Mari Petroleum has found new leadership under CEO, Faheem Haider, as of 12th August, 2020. The company broke this news in a filing to the Pakistan Stock Exchange last month.
As a veteran leader in the Pakistani Oil Industry, MPCL stands strong amidst the economic crunch worldwide. Recent news dictates that Board Members at Mari Petroleum have appointed a new CEO mid-August. What demands attention is that Mari has taken on board a civilian head – a well-versed petroleum engineer – unlike its history of army-men Managing Directors.
Background on Faheem Haider
Faheem Haider began his duties from the 12th of August 2020 as Mari’s Managing Director. Hailing from a rich background in the exploration and production (E&P) sector, he has curated a memorable career over 27 years, holding various leadership and staff positions in local companies. These include, Union Texas Petroleum Inc Karachi, Nutricon Union Ltd Islamabad, OMV Exploration GmbH Islamabad, Helix RDS Ltd, Aberdeen BG Group, (Oman) and Neptune Energy (Cairo, Paris, London).