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 
• 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