PIAHCL is a public limited company currently majority-owned by the Government of Pakistan

Karachi: The government has appointed Asad Rasool as the Chief Executive Officer (CEO) of PIA Holding Company Limited (PIAHCL), effective from April 10, 2025.
The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday.
“We have to inform you that Asad Rasool has been appointed as Chief Executive Officer of PIAHCL with effect from April 10, 2025 in place of AVM Muhammad Amir Hayat,” read the notice.
PIAHCL is a public limited company currently majority-owned by the Government of Pakistan (GoP).
The company was established to succeed in specified assets, liabilities, and subsidiaries of Pakistan International Airlines Corporation Limited (PIACL), including specific business, property, rights, liabilities, and obligations of PIACL.

Washington and Beijing reopen trade dialogue
- 14 hours ago
Passenger bus catches fire near Kallar Kahar
- 15 hours ago
Zelensky urges Russia to commit to 30-day ceasefire, ready for direct talks
- 14 hours ago

Top prospects for the 2025 NHL draft: Updated rankings after U18s, draft lottery
- 14 hours ago

Karachi braces for hot, humid day as temperature hits 36°C
- 15 hours ago
Tragedy in Sri Lanka: Bus crash kills 21, injures 24 pilgrims
- 14 hours ago

Two police officers martyred in Peshawar suicide blast
- 9 hours ago

Kirst, Kavanagh or English? Paul Carcaterra's big board for the 2025 PLL draft
- an hour ago

Riley not sorry on Butler call, eyes Heat overhaul
- an hour ago
Important press conference by DG ISPR, senior military officials today
- 14 hours ago

Pound-for-pound rankings: Inoue retains spot, Canelo falls after lackluster performance
- 14 hours ago

She was arrested for an op-ed. Now a judge has ordered her freed.
- 15 hours ago