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Business & Finance

Petroleum division completes restructuring of five BoDs: Ghulam Sarwar Khan

ISLAMABAD: Federal Minister for Petroleum, Ghulam Sarwar Khan, has announced that the Board of Directors of five pu
Published March 21, 2019 Updated March 21, 2019 03:52pm

ISLAMABAD: Federal Minister for Petroleum, Ghulam Sarwar Khan, has announced that the Board of Directors of five public sector companies working under the aegis of the ministry, have been restructured.  These include: SNGPL, SSGCL, OGDCL, PPL and PMDC.

Moreover, fresh appointments have been made on these BoD's strictly on the basis of merit. Provincial representation has also been ensured.

For the first time in the country's corporate history, women have been delegated on these BoD's.

Under new laws, every board shall ensure that one woman representative, each shall, be represented in all BoD's constituted in the future.

The present Government has made history by ensuring female and provincial representation on all Board of Directors.

All appointments have been made on a transparent, merit based and non political basis. The BoD of Pakistan State Oil (PSO) has already been reconstituted earlier.

Copyright Business Recorder, 2019

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