Day: July 22, 2022

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SECP simplifies the approval process for CEOs/Directors of insurance companies 

Islamabad, July 22, 2022 (PPI-OT):To simplify and standardize the procedure for approval of directors and CEOs of insurance companies, the Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Insurance Companies (Sound and Prudent Management) Regulations, 2012. The amendments have been made with the objective of facilitating

Hamza Shahbaz’s re-election as Punjab CM victory of democracy: Sanaullah 

Islamabad, July 22, 2022 (PPI-OT):Interior Minister Rana Sanaullah Khan has said today’s re-election of Hamza Shahbaz as Punjab Chief Minister is victory of democracy. He was addressing a news conference in Lahore on Friday along with Federal Minister for Information and Broadcasting Marriyum Aurangzeb. He said that PML (N) accepted

Punjab Assembly session underway to elect new Leader of the House

Islamabad, July 22, 2022 (PPI-OT):The session of the Punjab Assembly is underway in Lahore to elect new Leader of the House. Hamza Shehbaz of PML-N and Chaudhry Pervez Elahi, a joint candidate of PTI and PML-Q, are in the run for the slot. Deputy Speaker, Sardar Dost Muhammad Mazari is

Pakistan Ordnance Factories exporting its products to over 40 countries 

Islamabad, July 22, 2022 (PPI-OT):Pakistan Ordnance Factories is exporting its products to more than forty countries around the globe, besides meeting defence requirement of Pakistan Armed Forces. This was informed at a briefing given to Minister for Defence Production Muhammad Israr Tareen during his visit to the country’s premier defence

President approves appointment of 8 non-executive directors of SBP’s board 

Islamabad, July 22, 2022 (PPI-OT):President Dr Arif Alvi has approved the appointment of eight non-executive directors of the board of State Bank of Pakistan. The President made the appointments under Article 48 (1) of the Constitution and Section 11A of the State Bank of Pakistan Act, 1956. For more information,