HRSG – Innovative Business Solutions is currently hiring for the position of Managing Director on behalf of its client.

Job Overview

Designation

• Managing Director

Department

• Management

Location

• Karachi, Pakistan

Job Grade

• Director

Job Dimensions

People 

• No. of Staff: 7

• Reports to: Board of Directors

Purpose of Job

• The Managing Director (MD) will be responsible for providing visionary leadership, strategic oversight, and executive management of the Company’s domestic and international investment portfolio.

• The MD will safeguard and enhance the value of state-owned assets, particularly international hospitality and commercial investments, while ensuring compliance with Government of Pakistan policies, public sector governance standards, and international regulatory requirements.

• The role requires an experienced public-sector-oriented corporate leader with substantial exposure to government stakeholders and the ability to operate across multiple jurisdictions through regular domestic and international travel.

Key Responsibilities and Accountabilities

Strategic Leadership & Portfolio Management

• Formulate and execute the Company’s long-term strategic vision in alignment with Board directives and national policy objectives.

• Lead performance enhancement initiatives across domestic and international subsidiaries.

• Optimize investment portfolio returns while safeguarding public assets.

• Identify restructuring, divestment, partnership, and expansion opportunities.

Government & Institutional Interface

• Serve as the principal liaison with Federal Ministries, regulatory bodies, and oversight institutions.

• Ensure alignment of corporate strategy with Government of Pakistan directives and SOE governance frameworks.

• Present performance updates, strategic plans, and compliance reports to the Board and relevant authorities.

Financial Stewardship & Governance

• Maintain full P and L accountability and financial oversight the company and its subsidiaries.

• Develop tax-efficient and compliant corporate structures across jurisdictions.

• Strengthen internal controls, audit systems, compliance mechanisms, and enterprise risk management frameworks.

• Ensure adherence to applicable public sector corporate governance rules and international regulatory standards.

Legal & Regulatory Oversight

• Advise the Board on all legal and regulatory matters affecting organization and its subsidiaries.

• Oversee compliance with laws and regulatory frameworks in Pakistan and foreign jurisdictions where the Company operates.

• Supervise legal risk management and cost controls relating to litigation and contractual matters.

International & Domestic Travel Requirements

• Undertake regular domestic and international travel to oversee overseas investments, particularly hospitality assets.

• Conduct on-site performance reviews of foreign subsidiaries and engage directly with local management teams.

• Represent company in high-level meetings with international partners, regulators, investors, and advisors.

• Travel to North America, Europe, and other jurisdictions as required to protect and advance the Company’s commercial and strategic interests.

• Engage with diplomatic missions and government representatives abroad where necessary.

Administrative & Executive Oversight

• Provide leadership to executive management teams and ensure alignment with corporate objectives.

• Review and oversee union, labor, and employee agreements related to subsidiary operations.

• Direct international marketing and brand positioning strategies.

• Lead succession planning, executive evaluation, and institutional strengthening initiatives.

• Undertake special assignments as mandated by the Board of Directors.

Minimum Academic or Professional Qualifications or Working Experience

• MBA, Master’s in Business Administration, Finance, Public Administration, or equivalent from an HEC-recognized reputable institution.

• Additional certifications in corporate governance, public policy, international taxation, or executive leadership will be an added advantage.

• Minimum 15 years of progressive professional experience.

• At least 3 to 5 years in a C-level or equivalent senior executive leadership role.

• Prior experience in a Public Sector Enterprise (PSE), statutory body, government-owned entity, or a large organization with significant government interface.

• Demonstrated experience managing overseas operations or international assets preferably in North America and or Europe.

• Proven track record in strategic restructuring, asset optimization, financial turnaround, and stakeholder alignment.

Skills and Competencies Required

• High integrity, strong public accountability mindset, and ethical leadership.

• Strategic thinker with strong commercial and financial acumen.

• Proven ability to balance public sector accountability with commercial performance objectives.

• Excellent negotiation, diplomatic, and crisis management skills.

• Willingness and ability to travel extensively domestic and international.

Accountability of the Managing Director to the Board of Directors

• Financial performance and sustainability

• Governance, compliance, and regulatory adherence

• Protection and enhancement of state-owned investments

• Effective international oversight and stakeholder engagement