NewzShewz
No Result
View All Result
Tuesday, September 1, 2026
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Energy

IESCO Board appoints new CEO

by NewzShewz Desk
August 9, 2025
in Energy
0
IESCO Board appoints new CEO
274
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD : The Board of Directors of Islamabad Electric Supply Company (IESCO) has unanimously appointed Engineer Khalid Mehmood as the new Chief Executive Officer (CEO) of IESCO.

IESCO spokesperson said that Engineer Khalid Mehmood is known for his vast experience and strong leadership in the energy sector. Throughout his career, he has served in various key positions and has always prioritized employee welfare projects and the interests of consumers. Moreover, he has a sound experience of operations construction GSO GSE and other fields of DISCOs.

Chairman IESCO, Dr. Tahir Masood, stated that the appointment of Engineer Khalid Mehmood was made purely on merit, taking into full consideration his professional competence and qualities as a strong leader. “We are confident that he will perform this responsibility in the best possible manner, and under his leadership, IESCO will continue its journey of success with the full support of the Board of Directors,” he added.

IESCO officers and staff showed their full confidence on this appointment and said that it’s good luck for IESCO that an experienced and dedicated officer is appointed as chief Executive Officer IESCO and under his leadership IESCO will continue its journey of success.

Engr. Muhammad Naeem Jan, the former acting  CEO IESCO, was  facing mounting criticism from within the organisation, the Power Division, and the National Electric Power Regulatory Authority (NEPRA) over his competence and handling of key responsibilities.

  The controversy dates back several months, when NEPRA’s Member (Technical), Rafique Ahmad Shaikh, publicly urged the government during a hearing on IESCO’s Multi-Year Tariff (MYT) petition to remove the acting CEO, citing his failure to effectively present the company’s case.

  The official has also drawn sharp criticism in the National Assembly’s Standing Committee on Power, particularly over reports of massive electricity theft in upscale areas of Islamabad — an issue that lawmakers said highlighted lapses in enforcement and management under his watch.

 The growing concerns over his leadership come at a time when IESCO is under pressure to curb losses, improve billing recovery, and restore public trust in its operations.

He was also one of the shortlisted candidates for the regulator CEO of the Company, but the Board did not approve him as Regular CEO. He will be retire in next few days.  Ends

Related Posts

PSO honours dealers’ network for meeting customer needs
Energy

PSO honours dealers’ network for meeting customer needs

by NewzShewz Desk
August 31, 2026
0

KARACHI: Pakistan State Oil (PSO), Pakistan's national energy company, hosted the PSO Excellence Awards 2026 in Karachi, bringing together dealer...

Read more
 Guddu’s O&M to be outsourced
Energy

Rehabilitation of Guddu 747 to reduce cost by Rs 4.19/kWh: PD

by NewzShewz Desk
August 30, 2026
0

ISLAMABAD : Power Division has claimed that with its tireless efforts bids are invited to rehabilitate steam turbine of Guddu...

Read more
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.