Saturday, September 24, 2022
HomeGeneralHaroon Rashid is expected to become the new SAPM for Petroleum

Haroon Rashid is expected to become the new SAPM for Petroleum

ISLAMABAD: According to The News, Haroon Rashid, the Chief Executive and Managing Director of Shell Pakistan Limited (SPL), is being considered for the position of new Special Assistant to the Prime Minister (SAPM) on Petroleum.

After Tabish Gauhar’s departure last month, the position became vacant. Gauhar had submitted his resignation after allegedly clashing with Federal Minister of Maritime Affairs Ali Zaidi.

According to sources familiar with the situation, the government’s senior decision makers have invited Haroon Rashid to Islamabad for an interview.

Also read: Byco Petroleum’s Gross Profit Surges By More Than 2.5-Times To Rs. 8.1 Billion for The Full Year And A Net Profit Of Rs. 3.6 Billion As The Business Environment Started To Improve

According to top sources familiar with the situation, Haroon Rashid, an energy industry executive with considerable worldwide experience, visited the Prime Minister’s Office and was interviewed for the position of SAPM on Petroleum. Shaukat Tarin and Asad Umar, two of the government’s most prominent ministers, have met with him.

Haroon Rashid’s professional profile: 
Shell Pakistan Limited’s Chief Executive and Managing Director is Haroon Rashid (SPL). He was recently dispatched to Malaysia, but the government has chosen to appoint him as SAPM for Petroleum, therefore he has postponed his trip to Malaysia to lead Shell’s operations.

At present, he has resigned from the post of MD Shell Pakistan, not from the Shell organisation. Haroon has also been an active member of the Prime Minister Energy task force in 2019-2020.

Also read: OGRA looking to decrease Petroleum Prices

He has been a Director on the Board of SPL since 2011. He is also the General Manager Lubricants for SPL. He joined SPL in 1995 and has held several senior leadership roles downstream across marketing, consultancy and aviation for Royal Dutch Shell before returning to Pakistan as the General Manager Supply & Distribution for the Middle East South Asia Region.

Haroon is a graduate of INSEAD and The Lahore University of Management Sciences. He has also been Director in Pak Arab Refinery and Pakistan Refinery Limited. When contacted Haroon Rashid refused to confirm his meetings with top decision makers of the government and offered no comments.

The top officials said that this time the government wants to appoint those as SAPMs both on power and petroleum separately who possess international and national level exposure. They said that SAPMs will not be hired on an honorary basis rather they will be paid reasonably and the government wants new SAPM to give their ownership to the government initiatives which will lead to structural reforms in the energy sector.

Earlier, the government considered the name of Waheed Ahmad Shaikh, ex-CEO of HASCOL, for SAPM on Petroleum. HASCOL is currently under fire in the wake of a mammoth default of Rs54 billion, including the amount of Rs28 billion of four commercial banks. However, the name of Waheed Ahmad Shaikh has been put on the back-burner.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments