PM accepts resignation of chairman Privatisation Commission

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday accepted the resignation of Chairman Privatisation Commission Saleem Ahmad who had tendered in the document on the same day.

Ahmad’s resignation, which closely follows the resignation of managing director Utility Store Corporation (USC), another expert who was hired by the previous Pakistan Tehreek-e-Insaaf (PTI) government, cited personal reasons behind the move.

Saleem Ahmad was appointed as chairman PC on January 18, 2022, on the basis of extensive experience in the financial sector both in Pakistan and abroad.

In his short tenure as chairman PC, Saleem Ahmad worked to expedite the revival process of PSMC, recapitalisation of National Power Parks Management Company Limited (NPPMCL), and the sale of House Building Finance Corporation Company Limited (HBFCL) among others. 

As per details, the prime minister has accepted the resignation in view of the importance this government grants to the privatisation programme and the PM will soon appoint a new official to fill the post.

It is pertinent to note that MD USC also tendered his resignation earlier last month. Subsequently, the Cabinet has approved the posting of Muhammad Ali Amir.