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CAREER OPPORTUNITY

Position: Chief Executive Officer (CEO)
Organization: GENCO Holding Company Limited (GHCL)
Location: Islamabad


ORGANIZATION PROFILE

GHCL is a Public Sector Company serving as the management entity for various public sector thermal power generation companies. It oversees entities including:

  • JPCL (Jamshoro)

  • CPGCL (Guddu)

  • NPGCL (Muzaffargarh)

  • LPGCL (Lakhra)


POSITION OVERVIEW

The CEO of GHCL will lead the transformation and restructuring of public sector generation companies. The role includes:

  • Disposal of inefficient power plants as per regulatory and PPRA guidelines

  • Steering privatization in alignment with government policy and energy sector reforms

  • Ensuring legal, transparent, and well-governed operations during the transition

  • Managing HR concerns and stakeholder engagement effectively


KEY RESPONSIBILITIES

  • Develop and execute a strategic roadmap for asset disposal/privatization in consultation with GENCOs and Board

  • Mitigate financial, operational, and legal risks during the transition process

  • Liaise with Power Division, NEPRA, and stakeholders to coordinate privatization efforts

  • Maintain communication and governance among the Government, GENCOS, regulatory bodies, and investors

  • Supervise operational expenditure, asset valuation, and financial advisory processes

  • Ensure smooth plant operations until privatization is complete

  • Design and implement HR transition strategies (e.g., staff absorption into DISCOs)


QUALIFICATION & EXPERIENCE

Educational Requirements (any one):

  • Bachelor's in Engineering (Electrical, Electronics, Mechanical, Mechatronics) with PEC registration

  • Fellow Member of a recognized professional accountancy body (e.g., ICAP, ICMAP)

  • MBA from a reputable institution

Professional Experience (minimum 10 years):

  • Governance, business administration, finance, marketing, or related fields in commercial organizations

  • CEO or senior management roles in commercially oriented companies

  • Member of a professional institute’s governing body or departmental head

  • Experience in asset liquidation, privatization, or public sector roles (preferred)

Additional Skills:

  • Strategic foresight and regulatory expertise

  • Strong negotiation, communication, and change management skills

  • Excellent coordination and stakeholder management abilities

  • Must meet Fit and Proper Criteria (State-Owned Enterprises Act 2023)


EMPLOYMENT TERMS

  • Contract Duration: 3 years (extendable based on performance and Board assessment)

  • Performance Evaluation: As per Performance-Based Contract and SOEs Governance Act 2023

  • Remuneration: Negotiable, market-based salary aligned with qualification and experience

  • Reporting Line: CEO will report to the Board of Directors


APPLICATION PROCESS

Required Documents:

  • Application with CV

  • Two professional references

  • Affidavit on Rs. 100 Stamp Paper

  • Attested educational & experience certificates

  • CNIC copy

  • Two passport-sized photographs

Submission Deadline:
Applications must reach within 20 days of advertisement publication.
Download Forms: https://ghcl.gov.pk


IMPORTANT NOTES

  • Government employees must provide NOC from their employer

  • Only shortlisted candidates will be contacted

  • No TA/DA will be provided for the interview

  • The recruitment process may be canceled at any stage

  • Final decisions rest with the Board of Directors

  • GHCL is an Equal Opportunity Employer


Contact:
Advisor (Human Resources)
GENCO Holding Company Limited (GHCL)
1st Floor, OPF Building, G-5/2, Islamabad
Phone: 051-9217601
PID (I) 33/25
URAAN PAKISTAN