Islamabad: The Cabinet Committee on State-Owned Enterprises has approved significant proposals regarding the restructuring of boards of directors for prominent state-owned enterprises. The decisions were made during a meeting attended by key federal ministers and senior officials.
According to Press Information Department, the meeting, chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, addressed two main agenda items. These included the appointment of a Chairman and Independent Director for National Engineering Services Pakistan, and the reconstitution of the Board of Directors for Hyderabad Electric Supply Company. Additionally, the appointment of an independent director on the Board of Sukkur Electric Power Company was approved.
The Finance Minister highlighted the importance of appointing government representatives who are well-placed, competent, and possess the necessary experience and understanding to effectively represent their respective divisions on these boards.