Hiring of OGDCL, PPL MDs on the cards

The government is finally geared up to appoint managing directors of the country’s two big state-run hydrocarbon explorers that are running without a permanent head for past many months. Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) have been working on an ad hoc basis since the days of previous Pakistan Tehreek-e-Insaf (PTI) government. The government has now initiated a final process to fill the top slots of managing director/ chief executive officer. According to sources, a few members of the federal cabinet have approved the appointment of Zahid Mir as MD/ CEO of OGDCL and Imran Abbasi as MD/ CEO of PPL for three years through the circulation of a summary. However, some cabinet members have yet to sign the summary. Sources pointed out that the top position at OGDCL was being held on an acting charge for the past one year while PPL had been operating with an ad hoc arrangement at the helm for the last three years.