Govt approves board changes at NESPAK, HESCO and SEPCO
Mettis Global • • 1 min read
Mettis Global reported on November 10, 2026, that the Cabinet Committee on State-Owned Enterprises endorsed board changes at National Engineering Services Pakistan (NESPAK), Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO). The approvals came at a Finance Division meeting led by Finance Minister Muhammad Aurangzeb.
The committee cleared a chairman and independent director appointment for NESPAK, approved a reconstituted HESCO board and backed an independent director for SEPCO. Science and Technology Minister Khalid Hussain Magsi, federal secretaries and officials from ministries and regulatory bodies also attended. Aurangzeb said officials representing government departments on state-owned enterprise boards should have suitable roles, relevant capability and an understanding of their institutions.
At a glance
- The committee approved board changes at NESPAK, HESCO and SEPCO.
- NESPAK will have a chairman and independent director appointment.
- The committee approved HESCO board restructuring and an independent director for SEPCO.
Originally reported by Mettis Global
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