Chief Executive Officer (CEO)

 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.

AREAS OF RESPONSIBILITY:

• The candidate must demonstrate vibrant leadership skills, change management and team building experience, excellent communication and interpersonal skills.
• The candidate must possess the ability to work as a team player for implementation of best administrative practices.
• The candidate must be thoroughly familiar with the power generation entity management and its governance.
• The candidate should have complete understanding of legislative, community relationship and corporate social responsibility essential for company’s growth.
• The candidate must have acquaintance of corporate restructuring, management contracts, joint ventures, public private partnerships, listing on Stock Exchange and outsourcing under applicable laws.

QUALIFICATIONS, EXPERIENCE & AGE

1. The candidate must have at least any one of the following qualifications:The candidate must have at least 20 years total experience out of which 05 years must be at senior-level (C-suite or equivalent) experience in Power Generation Entity.
   1. A Bachelor Degree in Engineering (Electrical/ Electronics/ Mechanical/ Mechatronics) and must be registered with Pakistan Engineering Council (PEC); OR
   2. Fellow Member of a recognized body of Professional Accountants (ICAP / ICMAP or others); OR
   3. MBA from reputed institutions.
2. The candidate must comply with ‘Fit and Proper Criteria’ as per schedule-IV of State-Owned Enterprises (Governance & Operations), Act 2023.
3. The age of the candidate should not be more than 62 years as on the last date of submission of application.

TENURE, REMUNERATION PACKAGE & CONDITIONS:

• The assignment will be purely on contract basis for an initial period of three (03) years, extendable subject to satisfactory performance/need basis.
• On selection as CEO, in addition to the responsibilities as specified in the State-Owned Enterprises (Governance & Operations), Act 2023 and SECP applicable Act/Rules, his/her Annual Performance Evaluation will be measured as per Performance Based Contract.
• The selected candidate will work on the discretion of the Board of Directors of the Company.
• A negotiable market based salary package will be offered to the selected candidate considering his/her qualification and experience.

PROCUEDURE FOR APPLICATION: Apply online at website https://BrightSpyre.com

DOCUMENTS REQUIRED: Hard copy of the online filled application along with affidavit (on Rs. 100 Stamp Paper) on prescribed format as available on the said Website along with detailed CV having two work and two personal references, attested copies of all educational testimonials and experience certificates, two latest photographs and copy of CNIC should reach through courier at the following address within twenty (20) days from the date of publication of this advertisement.

• In case of any concealment or mis-information, the application will be liable for rejection at any stage.

NOTE:

• The Company is an equal opportunity employer and is committed to a policy of treating all its employees and job applicants equally.
• 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.
• Company reserves 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.