Amjad Khan has been appointed as the new as Chief Executive Officer (CEO) Islamabad Electric Supply Company (Iesco). Tahir Qazi, the senior most Chief Engineer posted in Iesco will be assigned to look after the work of CEO, Iesco purely on temporary basis till the joining of the new CEO.
The process of finding an appropriate candidate for this post had been initiated on January 17, 2027. A total of 70 candidates applied for the advertised post. The Board evaluated the applications and shortlisted 43 candidates.
The Board of Directors (BoD) held interviews of the 14 shortlisted candidates and after detailed deliberations, recommended the following panel of three candidates in order of preference for consideration for appointment of one of them against the post of CEO Iesco; (ii) Amjad Khan (first); (ii) Muzzammil Hussain (second) and; (iii) Muhammad Jabbar Khan(third).
Power Division proposed that Mohammad Amjad Khan may be considered for appointment as the CEO Iesco for a period of three years.
Iesco is one of the ten Distribution Companies (Discos) under the administrative control of Ministry of Energy (Power Division). Iesco is a Public Sector Company (PSC) as defined under Section 2(1) (54) of the Companies Act, 2017 (the Act) and Rule 2(t) (S) of the public Sector Companies (Corporate Governance) Rules, 2013 (the CGR). The matters of appointment of the CEO of a PSC are governed under Sections 187 and 188 of the Act, Rule 5(2) of the CGR and the Public sector companies (Appointment of chief Executive) Guidelines, 2015 (the guidelines).