The Cabinet Committee on State-Owned Enterprises (CCoSOEs) met today at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The meeting was also attended by Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry and Federal Minister for Commerce, Mr. Jam Kamal Khan.
The CCoSOEs considered a summary submitted by the Commerce Division regarding the reconstitution of the Board of Directors of National Insurance Company Limited (NICL). The Committee approved the proposed nominations including the two Independent and four ex-officio Directors, in accordance with the SOEs Act, 2023, and the SOEs Policy, 2023.