PPL Appoints Interim CEO, Inducts Energy Ministry Official on Board

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ISLAMABAD: Pakistan Petroleum Limited (PPL) has announced key changes at the board and management levels, including the appointment of an interim Chief Executive Officer and a new ex-officio director, according to filings with the Pakistan Stock Exchange.

In a disclosure, PPL said Mirza Nasiruddin Mashhood Ahmad, Special Secretary at the Ministry of Energy (Petroleum Division), has been appointed as an ex-officio director, replacing Imran Ahmed, Director General (Oil) at the same ministry. The appointment was made under Rule 5.6.1(a) of the Stock Exchange Rules.

Separately, the company’s board approved the appointment of Mohammad Khalid Rehman, currently Chief Financial Officer, as Chief Executive Officer and Managing Director on an interim basis, effective January 10, 2026. The appointment will remain in effect for three months or until a permanent CEO is appointed. Rehman will continue his role as CFO while assuming the interim CEO responsibilities, replacing Sikandar Ali Memon.

PPL, a state-linked upstream oil and gas company, is engaged in the exploration, development, and production of hydrocarbons, supplying natural gas and oil to Pakistan’s energy system through its onshore and offshore assets.

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