Pakistan appoints Mustafa Ramday as PSO chairman
Business Recorder • • 1 min read
Business Recorder reported on Friday that Mustafa Ramday has taken charge as chairman and independent director of Pakistan State Oil Company (PSO), effective immediately. His appointment runs for three years, following a government decision to reconstitute the company’s board.
Ramday is a Supreme Court advocate and former Punjab advocate general, with a legal career spanning constitutional, commercial and energy matters. His work has included advising on CPEC, power and clean-energy initiatives, as well as representing energy businesses in international arbitration; PSO said he will serve without directors’ fees or reimbursement of work-related costs. The board also includes five other independent directors and ex-officio representatives from the petroleum, power and finance divisions, alongside the chief executive of Pakistan LNG Limited.
At a glance
- Mustafa Ramday was appointed PSO chairman and independent director for three years.
- He will receive no directors’ fees or work-related expense payments.
Stocks in this story
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More on PSO
Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes boardProfit• 6 Nov 2026Neutral coverage
PSO plans to import 120,000 tonnes of diesel in November amid Gulf supply disruptionsProfit• 31 Oct 2026Neutral coverage
Pakistan State Oil profit jumps to Rs25.56bnDawn• 30 Oct 2026Positive coverage
PSO's Q1 FY27 profit surges 172% to Rs25.56bnProfit• 29 Oct 2026Positive coverage
PSO profit jump 172% to Rs25.6bn in 1QFY27 despite supply disruptionsBR• 29 Oct 2026Positive coverage
PSO 1QFY27 profit nearly triples to Rs32bnMettis• 29 Oct 2026Positive coverage
