The Ministry of Water and Power has appointed Shahid Zulfiqar Khan as Chief Executive Officer (CEO) Nandipur Power Plant after seeking approval from Prime Minister Nawaz Sharif and adopting due process provided under the Public Sector Companies (Corporate Governance) Rules, 2013. Khan, a Cost and Management Account and Certified Corporate Secretary, is an eminent professional who has more than 30 years experience in power sector in Middle East, Sri Lanka and Pakistan.
He has special expertise in power plant development and has operated large-scale power plants in Sri Lanka and Pakistan. He remained Chief Executive Officer for 13 years with second largest power producer in Pakistan. He remained associated with largest independent power producers in the world, AES US Corporation for 17 years in various senior capacities.
Giving details, a spokesman for the Ministry of Water and Power said that in order to have professional management with broader experience, the BoD of NTPGCL initiated hiring of CFO from the market after finalisation of job description and eligibility criteria for the position of Chief Executive Officer. In response to the advertisement, as many as 31 applications were received. Upon preliminary screening of the applications, 24 candidates were screened out and based on the evaluation criteria, 8 candidates were shortlisted for interview.
The Board of Directors of Nandipur Thermal Power Generation Company Limited (GENCO-V), as per Section -5(2) of the Public Sector Companies (Corporate Governance) Rules 2013; vide Resolution No First (01) in its meeting held on 11th December, 2015 forwarded following 03 names for consideration for the post of Chief Executive Officer; (i) Shahid Z Khan ranking 1st ;(ii) Zia Imran ranking 2nd; and (iii) Ismail H Naqvi ranking 3rd. The Ministry of Water and Power moved a summary though establishment and Finance Divisions for approval of the Prime Minister under the existing rules. Accordingly the Prime Minister approved the name of 1st ranking candidate as CEO of Nandipur Power Plant and the establishment Division issued notification.
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