PSO, the nation’s energy giant, is undergoing a remarkable transformation under the visionary leadership of Mohsin Ali Mangi, Chief Strategy and Technology Officer. With over 22 years of international and local experience across diverse industries—including energy, petrochemicals, and finance—Mangi is steering PSO towards a future marked by technological innovation, strategic diversification, and sustainable growth.
At the heart of PSO’s modernization is its ambitious digital transformation strategy. Mangi emphasizes the company’s commitment to achieving Industry 4.0 by integrating advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and centralized data lakes. These innovations are enabling real-time decision-making, enhancing operational efficiency, and redefining customer experiences. From AI-powered predictive maintenance to IoT-based terminal automation, PSO is re-engineering its processes to optimize performance across all functions.
Mangi highlighted specific advancements, such as AI-driven anomaly detection, deep learning algorithms for monitoring service levels at retail outlets, and the adoption of digital twin technology to proactively manage equipment performance. These initiatives not only enhance operational reliability but also ensure transparency and accountability across the supply chain. For instance, AI-enabled fuel traceability allows PSO to create a seamless supply chain trail from source to nozzle, strengthening Pakistan’s energy security framework and promoting fair market practices.
A significant component of PSO’s transformation is its pivot toward renewable energy. Under the leadership of Mangi, PSO Renewable Energy Private Limited (PSORE) has been established to lead the company’s transition from fossil fuels to clean energy. PSORE is focused on developing solar, wind, and battery energy storage systems, while also exploring hybrid microgrid solutions to support decarbonization efforts. Additionally, PSO is pioneering the Blue LPG project, a technology-enabled ecosystem that provides last-mile LPG delivery services, particularly targeting energy-poor regions of Pakistan.
PSO is also positioning itself as a key player in the electric vehicle (EV) market. Through a partnership with Hub Power Holdings Limited, the company is establishing a nationwide EV charging network to promote sustainable energy and reduce Pakistan’s reliance on fossil fuels. Mangi noted that PSO is already in the process of setting up EV charging stations for 2-, 3-, and 4-wheelers, anticipating a growing shift towards electric mobility in the country.
In addition to energy, PSO is making strides in financial technology through its fintech arm, CERISMA. Building on a foundation of 20 years in digital transactions, CERISMA leverages PSO’s nationwide network to promote financial inclusion and offer customized digital products. By expanding access to mobile wallets and small-merchant transactions, PSO is empowering marginalized communities and supporting Pakistan’s unbanked population.
PSO’s refinery expansion project is another cornerstone of its strategy to enhance energy security and reduce import dependency. This low-risk brownfield development aims to double production capacity while producing high-value refined products like PMG and HSD. Aligned with the government’s Brownfield Refinery Policy 2023, the project addresses the country’s growing demand for white oil products, which is projected to triple over the next 25 years.
Mangi’s extensive background in sectors such as international trade, petrochemicals, and capital markets has been instrumental in driving PSO’s strategic vision. With prior roles at organizations like Credit Suisse, Engro, and Pakistan State Oil, Mangi brings a unique blend of financial, operational, and technological expertise. His leadership has been pivotal in aligning PSO’s growth strategy with Pakistan’s broader energy security goals while ensuring the company remains competitive in a rapidly evolving market.
Reflecting on his journey, Mangi shared his vision for PSO as an integrated energy and financial ecosystem that delivers customer-centric solutions and drives sustainable growth. Under his guidance, the company is diversifying its portfolio, optimizing capital allocation, and embracing innovation to maintain its position as a leader in Pakistan’s energy sector.
As PSO continues to expand its operations into renewable energy, EV infrastructure, and fintech, the company’s commitment to modernizing Pakistan’s energy landscape remains steadfast. With Mangi at the helm, PSO is not just adapting to the future—it is actively shaping it.
