The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) firm, has reappointed Ahmed Hayat Lak as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term.
The announcement was shared via a notice to the Pakistan Stock Exchange (PSX) on Thursday.
“This is to inform that the Board of Directors of the company has appointed Ahmed Hayat Lak as the Managing Director/CEO of the company for a term of three years, effective from January 9, 2025,” the notice stated.
Previously, in February 2023, Lak was appointed as MD and CEO of OGDCL. He has also served as Company Secretary and Head of Legal Services at OGDCL. Additionally, Lak is a director on the boards of Mari Petroleum Company Limited (MARI), Reko Diq Mining Company Limited (RDMC), Pakistan Minerals Private Limited (PMPL), and Pakistan International Oil Limited (PIOL).
Before his tenure at OGDCL, Lak held key roles, including Head of Corporate and Legal Services at Pakistan Oil Fields Limited (POL) and a position in the National Accountability Bureau (NAB).
Lak holds a postgraduate law degree from the University of Wolverhampton, UK, and a Bachelor of Law (Hons.) degree from the University of London.
