Islamabad - September 25, 2023 - Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration and production company in Pakistan, and the Center for Executive Education (CEE), IBA, Karachi, inked MoU to collaborate on a range of leadership development, research, and consultancy initiatives of OGDCL.
The MoU was signed by Mr. Ahmed Hayat Lak, Managing Director of OGDCL, and Dr. S. Akbar Zaidi, Executive Director of IBA, Karachi, at a ceremony held at the OGDCL headquarters in Islamabad. Present in the occasion were: {OGDCL names} {IBA names}
Dr. Akbar Zaidi expressed his pleasure in partnering with OGDCL, calling it one of the leading state owned enterprises in Pakistan. “OGDCL has a valuable relationship with IBA as earlier this year, we launched the IBA – OGDCL Talent Hunt Program, a fully funded scholarship scheme. Now they have become part of Center for Executive Education, where they will conduct 10 training programs under the IBA CEE umbrella called ‘LEAP (Learning Excellence for Accelerated Progression) for their mid to senior level staff & executives.”
Mr. Ahmed Hayat Lak MD, OGDCL said, “We have always considered IBA CEE as one of the leading centers for excellence in continuing education. Recently, we have started an exceptional training series with CEE at IBA for training & development of our officers. This program will henceforth become a integral part of our HR policy & collaboration system. Following this program, we will select candidates for the Postgraduate Diploma Program happening at IBA in Islamabad as well as some officers for the MBA program at IBA”
OGDCL and CEEIBA have agreed to collaborate on a range of leadership development, research, and consultancy initiatives. The leadership development programs will blend academic expertise with real-world industry insights, and will be led by a team of experienced trainers from both organizations. The research and consultancy projects will leverage the collective knowledge and experience of both organizations to address key challenges and opportunities in the energy sector.
The MoU is a reflection of OGDCL's commitment to developing its human resource and promoting innovation within the energy sector. CEEIBA is confident that this partnership will produce mutually beneficial results for both organizations, and will contribute to the continued success and sustainability of OGDCL.
About OGDCL
Oil and Gas Development Company Limited (OGDCL) is the largest oil and gas exploration and production company in Pakistan, accounting for over 40% of the country's total oil and gas production. OGDCL is a public limited company, with the Government of Pakistan being the majority shareholder. OGDCL has a long and successful track record of exploration and production, and is committed to playing a leading role in the development of Pakistan's energy sector.
About CEEIBA
The Center for Executive Education (CEE), IBA, Karachi is a leading provider of executive education programs in Pakistan. CEEIBA offers a wide range of programs for Public Sector, Corporate Enterprises and Family Businesses. CEE’s programs are designed to meet the needs of busy professionals, and are delivered by a team of experienced faculty from both academia and industry. CEEIBA is committed to providing high-quality executive education that helps professionals develop the knowledge and skills they need to succeed in their careers.