Pakistan International Airlines (PIA) to hire professional staff for senior management roles
Following the recent privatization of Pakistan International Airlines (PIA), the national carrier has reportedly begun the process of making new appointments.
According to reports, recruitment for key positions within PIA’s management structure is now underway. The airline is set to appoint a new chief executive officer (CEO), along with qualified professionals for several senior management roles.
These steps are part of an ongoing restructuring plan aimed at introducing fresh leadership in line with PIA’s newly privatized status.
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The consortium managing the airline has accelerated its search for a professional CEO, preferably a highly competent Pakistani national or an experienced foreign expert. There is also consideration to retain the current CEO in an advisory role to ensure a smooth transition.
Earlier, during the privatization process, the Arif Habib Consortium submitted the highest bid of Rs135 billion, securing the largest stake in PIA, while the Lucky Consortium followed closely with a bid of Rs134 billion.
Privatization Commission Advisor Mohammad Ali stated that the privatization of PIA is part of the government’s broader reform agenda. He clarified that the objective is not merely to sell the airline but to stabilize and improve its operations. He further noted that 92.5 percent of the funds raised through the bid will be allocated toward enhancing PIA’s operational performance.
Source: Daily Pakistan