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Organization:
Genco Holding Company Limited (GHCL)
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Testing Organization:
Genco Holding Company Limited (GHCL)
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Announcement Date:
Fri 04 July, 2025
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Last Date:
Wed 23 July, 2025
Genco Holding Company Limited GHCL Islamabad Jobs 2025
Genco Holding Company Limited GHCL Islamabad Jobs 2025 announce the Contract career opportunities for the post of See Below Ad in Federal, Islamabad for the fresh and experienced candidates on Contract basis who have Check Advertisement degree. Posted date of this post is 04/07/2025 and the last date is 23/07/2025. if you are eligible for this job apply before due date.
CAREER OPPORTUNITY
CHIEF EXECUTIVE OFFICER - GHCL
Genco Holding Company Limited (GHCL), a Public Sector Company working as a Management Company of Public Sector Thermal Power Generation Companies, is seeking a suitable candidate for the position of Chief Executive Officer (CEO). The Company Head office is located in Islamabad.
POSITION OVERVIEW The CEO, GHCL shall lead the transformation of the public sector, Ex-WAPDA generation companies, including JPCL (Jamshoro), CPGCL (Guddu), NPGCL (Muzaffargarh), and LPGCL (Lakhra) through,
- Overseeing the disposal of inefficient and loss-making power plants in accordance with applicable regulatory frameworks and PPRA guidelines;
- Steering privatization initiatives in-line with the strategic direction of the Government and sectoral reforms;
- Ensuring robust governance throughout the process, including adherence to legal and regulatory requirements;
- Proactively managing Humna Resource (HR) issues and stakeholder concerns to ensure a smooth and transparent transition.
KEY RESPONSIBILITIES:
- Develop and implement a comprehensive roadmap for the closure, disposal, or privatization of GENCO assets, aligned with Government energy policies, in consultation with GENCOs' management and the Board of Directors.
- Identify and mitigate financial, operational, and legal risks during the transition,
- Liaise with the Power Division, NEPRA and other stakeholders to ensure timely, transparent, and coordinated privatization of operational Power Plants.
- Act as the central liaison among the Government (through Power Division), GENCOs, regulatory bodies, and investors to maintain effective communication, governance, and oversight.
- Oversee operational expenditures, asset valuations, and engage with auditors, valuators, and financial advisors for the transaction process,
- Ensure smooth operation and maintenance of power plants until the privatization process is concluded.
- Develop and execute HR strategies for employee absorption/adjustment in DISCOs as per Government instructions during asset disposal.
QUALIFICATION & EXPERIENCE:
a. The candidate must have at least any one of the following qualifications.
- A Bachelors degree in Engineering (Electrical/ Electronics/ Mechanical/ Mechatronics or equivalent degree for the same discipline), and registration with the Pakistan Engineering Council (PEC): Or
- Fellow Member of a recognized body of Professional Accountants (ICAP/ICMAP or others); Or
- MBA from a reputed institution.
b. The candidate must possess demonstrated experience of not less than ten years:
- In governance or business administration or finance or commerce or marketing or any other field relevant to the job in well-known organizations with commercial orientation, Or
- As CEO or at a senior management level in similar organizations that have commercial attributes; Or
- At the level of member of governing body of a professional institute or as a head of department.
c. The candidate must possess strategic foresight, regulatory acumen, exceptional negotiation, communication and change management skills, and excellent stakeholder coordination skills.
d. Prior experience in asset liquidation, privatization or public sector organizations will receive extra credit.
e. The candidate must comply with 'Fit and Proper Criteria' as per schedule-IV of State-Owned Enterprises (Governance & Operations), Act 2023.
CONDITIONS OF EMPLOYMENT:
- The assignment will be purely on contract basis for an initial period of three (03) years, extendable subject to satisfactory performance and needs as determined by the Board of Directors.
- On selection as CEO, In addition to the responsibilities specified in the State-Owned Enterprises (Governance & Operations), Act 2023 and SECP applicable Act/Rules, the CEO's performatice will be measured as defined in the Performance Based Contract
- The selected candidate will report to and take directions from the Board of Directors of the Company.
- A negotiable, market-based salary package will be offered to the selected candidate in accordance with the candidate's qualification and experience.
APPLICATION SUBMISSION:
- Candidates must mail their applications to the address below including a copy of the candidates Curriculum Vitae (CV), details of two professional references, an affidavit on Rs. 100 Stamp Paper according, attested copies of all educational testimonials and experience certificates, two latest photographs and a copy of the candidate's CNIC. Applications must reach the address below within Twenty (20) days from the date of publication of this advertisement.
- Prescribed application and affidavit are available on the GHCL website at https://ghcl.gov.pk
- Willful concealment or mis-information on the candidate's part can lead to application rejection at any stage during the hiring process.
NOTE:
- The Company is an equal opportunity employer.
- Serving Government employees must submit NOC of the employer with the application.
- The Company reserve the right to call only shortlisted candidates for interview/selection process.
- No TA/DA will be admissible for interview.
- The Company reserve the right to cancel the process of recruitment at any stage without assigning any reason.
- The decision of the Board of Directors shall be deemed final regarding all matters of hiring.
ADVISOR (HUMAN RESOURCES)
GENCO HOLDING COMPANY LIMITED (GHCL)
1st Floor, OPF Building, G-5/2, Islamabad - Tel: 051 9217601
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