Pakistan State Oil (PSO), from a corporate entity worth Rs 10 billion in 2000, has become a Rs 21 billion enterprise, mainly due to investment in its human capital.
This was observed by Jalees Ahmed Siddiqui, Managing Director of the Pakistan's largest oil marketing company while speaking as a chief guest at the Employers' Federation of Pakistan's Annual General Meeting to share PSO's success story with EFP members.
The MD, PSO highlighted different areas of the company's operations and how it managed to transform from a typical public sector to a market-driven entity which is now entirely customer-oriented.
He said that induction of high quality professionals, implementation of business ethics policy and recognition of talented and outstanding employees strictly on performance paid its dividend in the last six years. He was highly appreciative of the local talent in Pakistan and attributed PSO's success to their efforts. He informed the gathering that at PSO interactive sessions are regularly held by the top management at all levels.-PR