Mohsin Ali Mangi has been appointed as the Managing Director and Chief Executive Officer (CEO) of Pakistan Refinery Limited (PRL), effective from April 30, 2026.
The listed refinery shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday.
“We are pleased to announce that the Board of Directors of Pakistan Refinery Limited in its meeting held today has approved the appointment of Mohsin Ali Mangi as the Managing Director and CEO of the company for a period of three years with effect from 30th April 2026 in place of Zafar Ul Islam Usmani, who is currently holding the position of Interim Managing Director and CEO of the company,” read the notice.
The development comes after Zahid Mir stepped down as MD and CEO of PRL in September.
Mohsin Ali Mangi is a seasoned professional with over 24 of local and international experience spanning across diversified sectors in the capacity of Chief Strategy & Technology Officer, Chief Operating Officer, Chief Financial Officer, Head of International Trade and Investment Banking in Organizations like Pakistan State Oil Company, Engro Fertilizers, Engro Vopak and Elengy Terminal, Engro Polymer & Chemicals Limited, and Credit Suisse.
He has been COO for two joint ventures with IFC and Royal Dutch Vopak, which was the pioneer LNG infrastructure project in Pakistan. As CFO and Head of Business Development, he led Pakistan’s first Coal Mining and Power Generation Project. He also has extensive experience in petrochemicals trading, production and logistics, having led the Trading desk at Engro Fertiliser and being CFO of Engro Polymer (JV with Mitsubishi). He also has extensive capital market experience in Oil & Gas, Energy and Petrochemicals, having worked in the capacity of Equity Research Analyst and Equities Trader covering the MEANA region for Credit Suisse.
He also serves on the Board of Pakistan Refinery Limited and leads the Board Committee on Refinery Expansion Project. Previously, he has also served on the Board of Engro Powergen and Engro Polymer Trading Limited.
He has an MBA from LUMS.
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