Pakistan reappoints BoD of all public sector enterprises

KARACHI: Goverment of Pakistan has re-appointed Board of Directors of all public sector companies under Ministry of Petroleum, Ghulam Sarwar Khan, Federal Minister for Petroleum, said on Wednesday at a high level meeting at Petroleum Division.

Federal Cabinet, Tuesday, approved the appointment of the country’s public sector companies working under the auspices of the Ministry of Energy’s Petroleum Division.

The nominations to the Board of Directors have been made by following a strict process of transparency and merit.

Ghulam Sarwar Khan added that eminent names from the industry have been elevated to top positions within these organizations. In a first in the country’s history, it has been ensured that all federating units receive equal representation in the Board of Directors.

Ina major development, the incumbent Government has ensured that women, too, are represented on all the respective Boards with Dr. Shamshad Akhtar, Ex-Governor State Bank of Pakistan and a leading UN professional becoming the first woman in the country’s history to head the BOD of a major company, SSGCL.

Dilawar Abbas Shah would lead SNGPL as Chairperson. He has over four decades of experience in the Oil and Gas sector. Qamar Sharif has been nominated as Chairperson OGDCL. He holds a PhD in Petroleum and has over 40 years of experience in E&P globally. He has also served in Shell International and Saudi Aramco.

Another prominent appointment is Shamsuddin Sheikh who would be Chairperson of Pakistan Mineral Development Corporation. He holds an MBA from the US in addition to an M.E in Industrial Engineering from the US too. He has over 28 years of experience at senior management positions at Engro.

It has also been ensured that the nominees carry a blend of technical, management, legal and banking experience to reform these utilities, improve their standards and bring them at par with best global practices, Press Information Department PID reported.[the_ad id=”31605″]

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