https://getcongress.com/speaker-collection/2024-strategic-speakers/he-musadik-malik

H.E. Musadik Malik
H.E. Musadik Malik

Minister of Energy

Pakistan

bio

Senator Dr. Malik is currently serving as the Minister of State for the Ministry of Energy and
a member of the Senate in Pakistan. He has served in the cabinets of three successive
Prime Ministers of Pakistan as the Federal Minister for Water and Power, Minister of State,
Special Assistant to the Prime Minister, and the Head of the Prime Minister’s Task Force
on Energy. Dr. Malik was a core member of the Prime Minister’s transformational team,
where he designed the performance delivery unit for the effective implementation of CPEC
(China’s road and belt initiative), and led the Premier’s efforts to transmute Pakistan from
an energy starved country (12-16 hours of daily power outage and acute seasonal gas
shortages) to an energy-sufficient country with zero load-shedding. Overcoming the energy
crisis resolved the daily plight of 208 million people and enhanced the country’s GDP by
2%. He has additionally held the roles of Media Advisor and Spokesperson of the Prime
Minister and remains actively involved in the Government of Pakistan as a Member of the
Senate, and previously as the Head of the Senate Committee for Water Resources.


Dr. Malik is an international expert with over 20 years of strategy, consulting and
leadership experience in energy market transformation, public sector reform, and
economic revival. He has advised global leaders including the Crown Prince of Bahrain,
the Prime Minister of Pakistan, and Senior Cabinet Ministers of the Kingdoms of Saudi
Arabia and Bahrain, the Sultanate of Oman, and the government of Puerto Rico on power
sector restructuring, energy sustainability & efficiency, industrial cluster development, labor
market reforms, higher education policy, healthcare systems, and building innovation
ecologies.


Dr. Malik has provided strategic guidance to CEOs/Boards of private sector organizations
ranging from Fortune 500 companies in the US to the largest oil & gas corporations in the
Middle East through various stages of strategic renewal. He is renowned for transforming
corporations across the entire spectrum of the energy sector. He served as the Chairman
of the Boards of multi-billion-dollar corporations including Pakistan LNG Company (PLL),
Pakistan State Oil Corporation (PSO), and Lahore Electric Supply Company (LESCO). As
the founding Chairman of PLL, he designed and built a corporation, ground up, responsible
for the LNG marketplace across the complete LNG value chain from procurement to sales.
He structured and executed spot and term-specific LNG contracts of over $35B in value
and provided oversight to two LNG regasification plants with a capacity of 1.2 BCDF, which
revived the growth of fertilizer, steel, and textile sectors. Dr. Malik rebranded PSO,
optimized its business portfolio, and relaunched high margin products, which led to a 265% increase in profitability over two years, from Rs. 6.9 billion in 2015 to Rs. 18.2
billion in 2017. At LESCO, line losses and receivables were radically reduced, and the
collection rate was increased to over 97%.