18th January, 2015: The Ministry of Petroleum and Natural Resources has appointed Mr. Shahid Islam as the acting Managing Director of Pakistan State Oil.
Mr. Shahid Islam is a UK qualified chartered accountant and a management professional with over 40 years of diverse experience in senior executive / management roles, management consulting and external / internal audit.
Mr. Shahid Islam brings to the table a well rounded set of strategic and tactical top management skill sets and has a track record of corporate turnaround, developing innovative solutions to management issues, corporate management skills (such as administrative, fiscal discipline, banking, loan and treasury operations, procurement & logistics), negotiation skills and managing disparate resources.
Mr. Shahid Islam has served in various positions with Pakistan International Airlines Corporation (PIAC) and its subsidiaries including terms as Managing Director PIAC, Director Finance and Information Systems PIAC, Managing Director PIA Holding (Private) Limited, Chairman / Chief Executive Officer of PIAC subsidiaries, Chief Internal Auditor PIAC as well as other senior positions in the PIAC Finance department. Prior to this after qualifying as a chartered accountant in early 1977, Mr. Shahid Islam provided freelance management consulting services in the UK and worked as an audit senior with M/s Deloitte & Co. office in the United Kingdom.
Mr. Shahid Islam has also provided consulting services for a number of different businesses including in the aviation, manufacturing and services sectors. In this process he has mentored several business owners and managers for successful business turnaround and performance improvement in the areas of governance, management, operational activities, stakeholder interactions etc.
Mr. Shahid Islam is a Fellow Member of the Institute of Chartered Accountants in England & Wales and also a Fellow Member of the Institute of Chartered Accountants of Pakistan.
Mr. Shahid Islam was appointed as Member BoM, PSO on July 08, 2014. Earlier in the past he has served as a Member on the Board of Directors of several companies. |