Islamabad Jobs Islamabad Electric Supply Company (IESCO) is seeking a highly qualified individual for the position of Chief Executive Officer (CEO). IESCO serves over 3.88 million customers across six districts generating an annual revenue of more than Rs. 522 billion. Islamabad Jobs
The CEO role requires a visionary leader capable of driving the company forward ensuring sustainable growth and enhancing customer satisfaction. The successful candidate will be results-oriented with a proven track record of leadership in the power sector. Islamabad Jobs
The basic qualification for the role is a Bachelor’s Degree in Engineering (Electrical or Electronics). Additional qualifications such as a Master’s Degree in fields like Business or Public Administration Engineering Management Economics or Finance are also desirable. Islamabad Jobs The candidate must have at least 20 years of overall experience including 10 years in a senior management role preferably within the power sector.
Candidates must be no older than 62 years at the time of application. The CEO will be offered a competitive market-based remuneration package. Islamabad Jobs The initial contract will be for a period of three years subject to annual evaluations by the Board of Directors with a possible two-year extension based on performance. Islamabad Jobs
The recruitment process adheres to the Fit and Proper Criteria and complies with relevant laws including the Companies Act-2017 and the State-Owned Enterprises Guidelines. Applicants must be Pakistani citizens and are required to sever ties with their current employers before joining IESCO if selected. Islamabad Jobs
Applicants are required to submit their applications via courier or registered mail accompanied by a detailed CV a copy of their CNIC verified academic degrees a declaration form and other supporting documents. Applications must be submitted within 15 days of the advertisement’s publication. Any incomplete applications or those received after the deadline will not be considered. Islamabad Jobs
Candidates currently employed in government semi-government or autonomous public organizations can apply through the proper channel provided they obtain a No Objection Certificate (NOC) from their current employer. Senior management experience especially in BS-20 or equivalent positions will be considered for eligibility. Islamabad Jobs
Applicants must detail their work hierarchy reporting channels and the nature of their responsibilities particularly in terms of senior management roles. Original documents will be required at the time of the interview for verification. IESCO reserves the right to withhold or cancel the recruitment process at any stage without providing a reason. Islamabad Jobs
Only shortlisted candidates will be called for interviews and no travel or daily allowances will be provided for the selection process. This is a prestigious and challenging role aimed at ensuring the continued success and growth of IESCO in the energy sector. Islamabad Jobs
Job Vacancies Details Islamabad Jobs
Here is the information arranged in a two-column table format:
Field | Details |
---|---|
Online Applicants | Be among the first 25 applicants |
Date Posted / Updated | 29 September 2024 |
Category / Sector | Government |
Newspaper | Dawn Jobs |
Education | Bachelor |
Vacancy Location | Islamabad Islamabad Pakistan |
Organization | Islamabad Electric Supply Company (IESCO) |
Job Industry | Management Jobs |
Job Type | Full Time |
Expected Last Date | 14 October 2024 or as per paper ad |
Job Position Name
Chief Executive Officer (CEO)
Vacancies Details
The Islamabad Electric Supply Company (IESCO) has announced a vacancy for the position of Chief Executive Officer (CEO). The role requires a dynamic and experienced individual who can lead the organization which serves more than 3.88 million customers across six districts including Islamabad Rawalpindi Murree Attock Jhelum and Chakwal. The CEO will be responsible for ensuring consistent growth maintaining high standards of customer service and guiding the company toward long-term success. Islamabad Jobs
The minimum qualification required for the role is a Bachelor’s Degree in Engineering specifically in Electrical or Electronics fields. In addition to this candidates who hold a Master’s Degree in Engineering Business Administration Public Administration Management Economics or Finance will be preferred. Islamabad Jobs This blend of technical and managerial education is crucial for handling the complexities of the power distribution sector. Islamabad Jobs
Applicants should have a minimum of 20 years of overall work experience. Of these at least 10 years should be in a senior management role preferably in the power sector. Islamabad Jobs This experience is vital to ensure that the candidate has the necessary expertise in overseeing large-scale operations managing teams and handling the technical and business aspects of a power distribution company. Islamabad Jobs
The position comes with a market-based remuneration package offering competitive compensation that reflects the demands and responsibilities of the role. The initial contract will be for a term of three years with performance evaluations conducted annually by the Board of Directors. Based on satisfactory performance the contract may be extended for an additional two years. Islamabad Jobs
All applicants must meet the “Fit and Proper” criteria outlined in the State-Owned Enterprises (C-Level Appointments) Guidelines 2024 as well as the requirements under the Companies Act-2017 and the State-Owned Enterprises (Governance and Operations) Act-2023. Furthermore only Pakistani citizens are eligible to apply for this role. Islamabad Jobs
The application process requires candidates to submit a detailed CV copies of their CNIC educational degrees verified by the Higher Education Commission (HEC) and a declaration form. Islamabad Jobs These documents must be submitted within 15 days from the publication date of the advertisement. Incomplete applications or those submitted after the deadline will not be considered. Islamabad Jobs
Candidates already employed in government semi-government or autonomous public organizations are encouraged to apply provided they obtain a No Objection Certificate (NOC) from their current employer. Senior management experience particularly in BS-20 or equivalent positions will be recognized in determining eligibility for this role. Islamabad Jobs
IESCO reserves the right to cancel or withhold the recruitment process at any stage without providing a reason. Only shortlisted candidates will be called for interviews and no travel or daily allowances will be provided during the selection process. This is a critical leadership position aimed at ensuring IESCO’s continued growth and development in Pakistan’s power sector. Islamabad Jobs
Details About Organization
Islamabad Electric Supply Company (IESCO) is a leading power distribution company in Pakistan. It serves a large and diverse customer base of more than 3.88 million across several districts including Islamabad Rawalpindi Murree Attock Jhelum and Chakwal. Islamabad Jobs As one of the country’s primary electric supply companies IESCO plays a vital role in ensuring a reliable electricity supply to both urban and rural areas. Its mission is to provide uninterrupted and efficient power distribution while maintaining customer satisfaction at the forefront. Islamabad Jobs
IESCO operates with a significant annual revenue base of over Rs. 522 billion making it a key player in Pakistan’s energy sector. Its financial strength allows it to invest in modern infrastructure and technologies that help to meet the growing electricity demand. Islamabad Jobs
This includes continuous upgrades to the grid and the adoption of new systems to manage power distribution effectively. The company’s commitment to innovation is essential in a country where energy demand is rising due to urbanization and industrial growth. Islamabad Jobs
The organization is dedicated to not only meeting energy needs but also enhancing operational efficiency. IESCO strives to minimize power losses and ensure that electricity theft is curbed. The company has invested in various initiatives to track and eliminate power theft thus helping to secure revenue streams and maintain a stable energy supply for legitimate customers. In doing so IESCO plays a critical role in reducing the financial burden on the energy sector and supporting the national grid’s sustainability.
As a state-owned enterprise IESCO is also a significant employer in the region. It provides job opportunities across a range of sectors from engineering and technical roles to administrative and management positions. The company promotes a work culture that values efficiency professionalism and dedication to public service. Through various employee development programs IESCO seeks to foster a talented workforce that can address the challenges of the energy sector in Pakistan. Islamabad Jobs
IESCO is governed by a Board of Directors which oversees the company’s operations and strategic direction. The board is responsible for setting long-term goals and ensuring the organization remains on a path of growth and development. Leadership plays a crucial role in IESCO’s performance and the company places a high emphasis on strong governance accountability and ethical conduct. The Chief Executive Officer (CEO) works in close coordination with the board to implement strategic plans and ensure the company achieves its objectives.
The company is also committed to corporate social responsibility (CSR). IESCO recognizes the importance of contributing to the welfare of the communities it serves. This includes initiatives aimed at environmental sustainability energy conservation and community outreach programs that benefit the local population. By focusing on CSR IESCO reinforces its role as a socially responsible organization that seeks to make a positive impact beyond its core business functions. Islamabad Jobs
IESCO has to navigate the challenges of a growing energy demand in Pakistan. With the population increasing and more industries emerging the pressure on the electricity supply network is immense. IESCO is constantly looking for ways to enhance its grid reliability and ensure that power is distributed equitably and efficiently. It works closely with regulatory authorities and government bodies to align its objectives with the national energy policy ensuring that it meets both regional and national power distribution goals.
In the future IESCO aims to further modernize its operations by adopting new technologies such as smart grids and energy management systems. The goal is to make power distribution more reliable efficient and sustainable. By embracing innovation IESCO is not only addressing the current challenges but also preparing for future energy demands ensuring that it continues to be a vital pillar of Pakistan’s energy infrastructure.
Eligibility Criteria
The eligibility criteria for the position of Chief Executive Officer (CEO) at Islamabad Electric Supply Company (IESCO) are detailed and specific ensuring that only qualified and experienced individuals apply for this key leadership role. Below is a breakdown of the criteria in detail:
Educational Qualifications:
- Minimum Qualification: The applicant must possess a Bachelor’s Degree in Engineering specifically in Electrical or Electronics. This is essential as it ensures the candidate has the technical foundation necessary to understand the complexities of power distribution.
- Additional Qualification: Candidates with a Master’s Degree in fields such as Engineering Business Administration Public Administration Management Economics or Finance will be preferred. This additional qualification helps broaden the candidate’s managerial and business acumen which is crucial for a leadership role in a large-scale utility company.
Experience:
- The candidate must have a minimum of 20 years of total work experience. This experience should include time spent working in a technical or managerial capacity within the power sector or a similar industry.
- Out of the 20 years of experience at least 10 years must have been in a senior management position preferably within the power sector. This demonstrates the candidate’s ability to lead large teams make critical decisions and manage operations on a large scale.
- Experience as a Chief Executive Officer or equivalent role in the power or energy sector will be particularly valued ensuring that the candidate understands the unique challenges and opportunities in the field.
Age Limit:
- The candidate must be up to 62 years old at the time of application. This age limit ensures that the individual is able to serve for the full term of the initial contract while maintaining the energy and capacity required for such a demanding role.
Nationality:
- Only Pakistani citizens are eligible to apply for the CEO position. This is in accordance with the regulations governing appointments to senior roles in state-owned enterprises in Pakistan.
Fit and Proper Criteria:
- The applicant must meet the Fit and Proper Criteria as defined in the State-Owned Enterprises (C-Level Appointments) Guidelines 2024. This ensures that the individual has the necessary integrity competence and experience to hold a leadership position in a public sector company.
- Additionally the candidate must comply with the conditions set by the Companies Act-2017 and the State-Owned Enterprises (Governance and Operations) Act-2023. These laws ensure that individuals in leadership roles at state-owned enterprises adhere to the highest standards of governance and ethics.
Resignation from Current Role:
- If the selected candidate is currently employed by another organization especially in a government or semi-government position they must resign liquidate or seek early retirement from their parent department before joining IESCO. This ensures that there are no conflicts of interest and the CEO can dedicate full attention to IESCO’s operations.
No Objection Certificate (NOC):
- Applicants who are already employed by government semi-government or autonomous public organizations must apply through the proper channel. They are required to obtain a No Objection Certificate (NOC) from their current employer confirming that they are allowed to apply for the position and will be released from their duties if selected.
Verification of Documents:
- The applicant’s academic qualifications must be verified by the Higher Education Commission (HEC) or other relevant professional bodies. For those with foreign degrees an HEC equivalence certificate is required to confirm that their qualifications meet the necessary standards for the role.
- Applicants must also provide a declaration on non-judicial stamp paper stating that they are not ineligible to act as a CEO in accordance with the provisions of the company’s laws and guidelines.
Additional Experience Criteria:
- If the applicant has worked in the public sector or a public sector company they must provide detailed information about their experience including their pay scale reporting hierarchy and the nature of their responsibilities. Experience in a BS-20 or equivalent position (whether substantive on additional charge acting charge or upgraded) will count towards senior management experience.
Submission of Documents:
- All relevant documents including a detailed CV a copy of the CNIC verified degrees and a declaration form must be submitted as part of the application. Each page of the application must be signed and numbered by the applicant and the application must be submitted within 15 days of the advertisement’s publication.
Contact Information
Contact Information | Details |
---|---|
Website URL | www.iesco.com.pk |
info@iesco.com.pk | |
Address | IESCO Head Office Street-40, Sector G-7/4 Islamabad |
Phone | 051-9252080 |
Fax | 051-9252927 |
How to Apply
To apply for the position of Chief Executive Officer (CEO) at Islamabad Electric Supply Company (IESCO) applicants must follow a detailed process as outlined below:
- Application Form and Declaration:
- Candidates are required to download the prescribed application form and Declaration Form available on the IESCO official website (www.iesco.com.pk). These forms must be completed carefully as part of the application process.
- Submission of Documents:
- Applicants must submit the following documents along with their signed application form:
- A detailed CV outlining qualifications experience and career achievements.
- A copy of their CNIC (Computerized National Identity Card).
- Copies of academic degrees and testimonials verified by the Higher Education Commission (HEC) or the relevant professional body.
- An HEC equivalence certificate for applicants with foreign degrees.
- A declaration on non-judicial stamp paper (Rs. 100 or above) confirming that the applicant is not ineligible to act as the CEO in accordance with the relevant laws and regulations.
- Numbering and Signing of Application:
- Each page of the application including attachments must be numbered and signed by the applicant. This ensures the completeness and authenticity of the application package.
- Submission Deadline:
- The completed application along with all required documents must be submitted within 15 days from the date of publication of the advertisement. Applications received after this deadline or those that are incomplete will not be entertained.
- Method of Submission:
- Applicants must send the signed printed copy of their application and all supporting documents through a courier service or registered mail to the address provided in the advertisement. Hand-delivered applications or electronic submissions are not accepted.
- Government Employees:
- If the applicant is currently employed in a government semi-government or autonomous public organization they must apply through proper channels. This requires submitting the application along with a No Objection Certificate (NOC) from their current employer issued on the organization’s letterhead.
- Original Documents for Verification:
- Shortlisted candidates will be required to bring original documents for verification at the time of the interview. This includes academic qualifications CNIC and other relevant certificates.
- No TA/DA:
- No Travel Allowance/Daily Allowance (TA/DA) will be provided for attending the interview or selection process.
FAQs
Q: What is the minimum qualification required to apply for the CEO position at IESCO?
A: The minimum qualification required is a Bachelor’s Degree in Engineering (Electrical/Electronics). A Master’s Degree in Engineering, Business/Public Administration, Management, Economics, or Finance will be considered an added advantage.
Q: How much experience is needed to apply for the CEO role?
A: The candidate must have a minimum of 20 years of overall experience, with at least 10 years in a senior management role, preferably in the power sector.
Q: How can I submit my application for the CEO position?
A: Applicants must download the application form from the IESCO website, fill it out, attach the required documents, and send it via courier or registered mail to the provided address. Applications must be submitted within 15 days of the advertisement’s publication.
Q: Can government employees apply for the CEO position at IESCO?
A: Yes, government employees can apply. However, they must apply through proper channels and submit a No Objection Certificate (NOC) from their current department along with their application.