PID

PR No. 95 Sarmaya-e-Pakistan Limited (SLP) Board of Directors meeting held Islamabad: March 13, 2019

The first meeting of the Board of Directors of Sarmaya-e-Pakistan Limited (SPL) was held here today. The Board unanimously elected Mr. Ehsan Malik as its Chairman. The Board constituted statutory committees as per requirement of Corporate Governance Rules, 2013. The Board considered the prime objective of SPL, initiation of a reform process of State Owned Enterprises (SOEs) to improve their efficiency, service delivery and financial viability. In this regard, the Board was of the opinion that all options for reform and reinvigorating the SOEs must be kept in mind. Prior to the Board meeting, Finance Minister Asad Umar met the Board Members and congratulated them on their appointment on the SPL Board. The Board deliberated upon the objectives of the company and agreed considered as their primary objective to initiate a reform process that will result in efficient and better service delivery of State Owned Enterprises (SOEs). The meeting was attended by Mr. Arif Ahmed Khan, Mr. Irfan Ali, Mr. Azher Ali Choudhry, Mr. Babar Badat, Mr. Zubyr Soomro, Mr. Nadeem Babar, Mr. Ehsan Malik, Mr. Waqar A. Malik, Mr. Atif Aslam Bajwa and Mr. Kamran Y. Mirza. ***** ?

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