Cabinet Committee Approves Appointment of Independent Directors on Boards of ZTBL, NTDC

The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at Finance Division today. The committee approved the proposals of Finance Division and Power Division for the appointment of candidates as independent directors/ chairman on the boards of ZTBL and NTDC respectively. The Committee also considered the proposal presented by the Ministry of Housing & Works and decided to categorize Pakistan Housing Authority – Foundation (PHA-F) as essential with further directions to present a revised plan of PHA-F to the Committee. The meeting was attended by Minister for Housing & Works Mian Riaz Hussain Pirzada, Minister for Maritime Affairs Mr. Qaiser Ahmed Sheikh, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Law & Justice Mr. Azam Nazeer Tarar, Deputy Chairman Planning Commission, Governor SBP, Chairman SECP, and other senior officers from the relevant ministries/ divisions.