The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the reconstitution of the board of directors of National Engineering Services Pakistan (NESPAK).
The committee met on Thursday under the chairmanship of Finance and Revenue Minister Senator Muhammad Aurangzeb, according to a news release.
The meeting considered a single-point agenda regarding the reconstitution of NESPAK’s board. On the recommendation of the Board Nomination Committee, made in compliance with the provisions of the State-Owned Enterprises (Governance and Operations) Act, 2023, the committee approved a panel comprising Javaid Aslam, Muhammad Ali, Pir Saad Ahsanuddin, Omar Hassan, and Shahana Ahmad Ali, in view of their professional credentials and relevant expertise.
The committee further noted that, given the significance and urgency of constituting SOE boards, the selection and scrutiny of nominations must be undertaken in a timely and coordinated manner by the relevant departments and agencies to avoid unnecessary delays.
The meeting was attended by Federal Minister for Housing and Works Mian Riaz Hussain Pirzada, Federal Minister for Commerce Jam Kamal Khan, Federal Minister for Science and Technology Khalid Hussain Magsi, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, along with federal secretaries and senior officials from the concerned ministries, departments, and regulatory institutions.
