Mustafa Ramday named PSO chairman

Pakistan State Oil has appointed Mustafa Ramday as chairman of its reconstituted board, with the change taking effect on November 6, 2026. Mettis Global reported that the federal government set the board’s term at three years through a Petroleum Division notification issued on November 5. Ramday will also serve as an independent member.

The ten-member board includes independent members Muneeb-ul-Haq, Aftab Hussain, Imtiaz Hussain Kazi and Saira Shahid Hussain. Senior officials from the Petroleum, Power and Finance Divisions, or their representatives at BS-20 level or above, are to fill ex-officio positions, while Pakistan LNG chief executive Masood Nabi and PSO chief executive Jawwad Ahmed Cheema also hold seats. Outgoing chairman Asif Baigmohamed and independent members Dr Ayesha Waqar, Mushtaq Malik and Ahmed Jamal Mir left the board on November 6; details of current ex-officio members are pending from the ministry.