Javed Ahmedjee Appointed CEO of Hascol Petroleum

Hascol Petroleum Limited, listed on the Pakistan Stock Exchange, has appointed Javed Ahmedjee as its new Chief Executive Officer. Ahmedjee, a seasoned professional with over thirty years of experience, assumes his position immediately. His diverse experience spans energy, banking, pharmaceuticals, healthcare, education, and capital markets. Notably, he has been integral in the turnaround of Puma Energy, making it commercially viable, and has facilitated significant M&A activity in Pakistan and other emerging markets. His roles in regional enterprises across continents like Africa and Europe, coupled with senior advisory and board membership positions in major corporations such as Citibank and GSK, underscore his extensive background in corporate leadership. Hascol's board considers his appointment a strategic move as the company aims to overcome its financial and operational challenges through a structured recovery plan.