Simplified form of 執. Pictograph of a person with hands (丮) bound by shackles (㚔). Based on the original meaning "seize". The meaning later shifted to "wield power", "carry out", and "hold".
Original meaning
seize
Components
扌(simplified) — Shorthand for the 㚔 component in the traditional character 執.
丮(iconic) — Depicts a person with two hands outstretched.