AGL 39.70 Decreased By ▼ -0.43 (-1.07%)
AIRLINK 189.90 Increased By ▲ 0.47 (0.25%)
BOP 9.85 Decreased By ▼ -0.49 (-4.74%)
CNERGY 7.07 Decreased By ▼ -0.14 (-1.94%)
DCL 10.25 Increased By ▲ 0.04 (0.39%)
DFML 41.20 Decreased By ▼ -0.60 (-1.44%)
DGKC 106.06 Decreased By ▼ -2.57 (-2.37%)
FCCL 37.70 Decreased By ▼ -0.89 (-2.31%)
FFBL 93.68 Increased By ▲ 3.77 (4.19%)
FFL 14.99 Decreased By ▼ -0.03 (-0.2%)
HUBC 122.49 Decreased By ▼ -0.74 (-0.6%)
HUMNL 14.29 Decreased By ▼ -0.16 (-1.11%)
KEL 6.40 Increased By ▲ 0.06 (0.95%)
KOSM 8.11 Decreased By ▼ -0.29 (-3.45%)
MLCF 48.65 Decreased By ▼ -0.82 (-1.66%)
NBP 72.25 Decreased By ▼ -2.57 (-3.43%)
OGDC 224.00 Increased By ▲ 10.59 (4.96%)
PAEL 33.64 Increased By ▲ 0.65 (1.97%)
PIBTL 9.68 Increased By ▲ 0.61 (6.73%)
PPL 204.00 Increased By ▲ 4.07 (2.04%)
PRL 33.99 Decreased By ▼ -0.56 (-1.62%)
PTC 26.68 Decreased By ▼ -0.53 (-1.95%)
SEARL 116.85 Decreased By ▼ -1.34 (-1.13%)
TELE 9.66 Decreased By ▼ -0.22 (-2.23%)
TOMCL 36.60 Increased By ▲ 1.18 (3.33%)
TPLP 12.05 Decreased By ▼ -0.52 (-4.14%)
TREET 24.52 Increased By ▲ 2.23 (10%)
TRG 61.00 Increased By ▲ 0.10 (0.16%)
UNITY 35.75 Decreased By ▼ -0.94 (-2.56%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
BR100 12,150 Decreased By -15.1 (-0.12%)
BR30 38,093 Increased By 312.6 (0.83%)
KSE100 114,302 Increased By 121.3 (0.11%)
KSE30 35,805 Increased By 104.1 (0.29%)
Print Print 2019-12-11

Appointments of CEOs of EDB, PIDC; Notifications' issuance hamstrung by technical errors

Ministry of Industries and Production (MoI&P) has not yet issued notifications of the newly appointed Chief Executives of Engineering Development Board (EDB) and Pakistan Industrial Development Corporation (PIDC) due to some technical errors in the minute
Published 11 Dec, 2019 12:00am

Ministry of Industries and Production (MoI&P) has not yet issued notifications of the newly appointed Chief Executives of Engineering Development Board (EDB) and Pakistan Industrial Development Corporation (PIDC) due to some technical errors in the minutes of federal cabinet, well informed sources told Business Recorder.

Last month, Federal Cabinet approved Raza Abbas Shah as Chief Executive Officer of Engineering Development Board (EDB) and Rizwan Bhatti as CEO Pakistan Industrial Development Corporation (PIDC),

The sources said MOI&P added to the summary that respective CEOs can quit the position or can be removed after giving a one month's notice - a paragraph not included by Cabinet Division in the minutes.

MOI&P has written a letter to the Cabinet Division requesting to issue a corrigendum after including the relevant paragraph. Cabinet Division has forwarded the corrigendum to the Prime Minister for approval.

"As we get the revised minutes in the light of corrigendum, notifications of both the CEOs will be issued," the sources maintained.

The post of CEO, EDB, Ministry of Industries and Production, has been vacant since March 31, 2017 and the business of the organization is being carried out on look after basis.

The position of CEO, EDB was advertised in leading national dailies on August 18, 2019. A total of 91 applications were received up to the closing date of the advertisement. A committee was constituted to scrutinize the particulars of all the applicants in terms of eligibility criteria for the post of CEO, EDB.

The MoI&P's committee had shortlisted 23 candidates for the interview. In terms of Establishment Division's Office Memorandum (OM) of December 27, 2018, a Selection Board comprising the following interviewed the shortlisted candidates on October 10, 2019: (i) Advisor to the Prime Minister on Industries and Production; (ii) Secretary, Ministry of Industries and Production; (iii) Additional Secretary-II, Ministry of Industries and Production; and ( iv) Additional Secretary-II, Establishment Division.

The Selection Board recommended a panel of following three candidates in order of merit for appointments against the post of CEO, EDB: (i) Raza Abbas Shah; (ii) Naveed Akram Ansari; and (iii) Waqar Ahmed Khan.

MOI&P proposed to the Cabinet that a suitable candidate from the panel should be appointed CEO EDB in MP-1 scale for a period of two years subject to a one-month notice from either side. The Cabinet approved the name of Raza Abbas Shah.

The Federal Cabinet also approved the appointment of Rizwan Bhatti as CEO, PIDC who presently is CEO National Industrial Parks, Development and Management Company (NIP). The government wants to merge NIP with PIDC.

Copyright Business Recorder, 2019

Comments

Comments are closed.