Govt approves board changes at HESCO, SEPCO & NESPAK
Business Recorder • • 1 min read
The federal government has cleared changes involving the boards of HESCO, SEPCO and NESPAK, Business Recorder reported on November 10. The decisions were taken at a Cabinet Committee on State-Owned Enterprises meeting chaired by Finance Minister Muhammad Aurangzeb.
The committee approved a reconstituted board for Hyderabad Electric Supply Company and changes to Sukkur Electric Power Company’s board, including an independent director. It also endorsed appointing a chairman and independent director at National Engineering Services Pakistan. Aurangzeb said government officials serving on the boards should have suitable roles, skills and institutional knowledge to represent their divisions effectively.
At a glance
- The government approved board changes at HESCO and SEPCO.
- The committee also approved a chairman and independent director for NESPAK.
Originally reported by Business Recorder
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