AGL 38.20 Increased By ▲ 0.05 (0.13%)
AIRLINK 129.30 Increased By ▲ 4.23 (3.38%)
BOP 7.85 Increased By ▲ 1.00 (14.6%)
CNERGY 4.66 Increased By ▲ 0.21 (4.72%)
DCL 8.35 Increased By ▲ 0.44 (5.56%)
DFML 38.86 Increased By ▲ 1.52 (4.07%)
DGKC 82.20 Increased By ▲ 4.43 (5.7%)
FCCL 33.64 Increased By ▲ 3.06 (10.01%)
FFBL 75.75 Increased By ▲ 6.89 (10.01%)
FFL 12.83 Increased By ▲ 0.97 (8.18%)
HUBC 110.72 Increased By ▲ 6.22 (5.95%)
HUMNL 14.03 Increased By ▲ 0.54 (4%)
KEL 5.22 Increased By ▲ 0.57 (12.26%)
KOSM 7.69 Increased By ▲ 0.52 (7.25%)
MLCF 40.08 Increased By ▲ 3.64 (9.99%)
NBP 72.51 Increased By ▲ 6.59 (10%)
OGDC 189.18 Increased By ▲ 9.65 (5.38%)
PAEL 25.74 Increased By ▲ 1.31 (5.36%)
PIBTL 7.38 Increased By ▲ 0.23 (3.22%)
PPL 153.45 Increased By ▲ 9.75 (6.78%)
PRL 25.52 Increased By ▲ 1.20 (4.93%)
PTC 17.92 Increased By ▲ 1.52 (9.27%)
SEARL 82.50 Increased By ▲ 3.93 (5%)
TELE 7.63 Increased By ▲ 0.41 (5.68%)
TOMCL 32.50 Increased By ▲ 0.53 (1.66%)
TPLP 8.48 Increased By ▲ 0.35 (4.31%)
TREET 16.74 Increased By ▲ 0.61 (3.78%)
TRG 56.01 Increased By ▲ 1.35 (2.47%)
UNITY 28.85 Increased By ▲ 1.35 (4.91%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,659 Increased By 569.2 (5.64%)
BR30 31,331 Increased By 1822.5 (6.18%)
KSE100 99,269 Increased By 4695.1 (4.96%)
KSE30 31,032 Increased By 1587.6 (5.39%)

ISLAMABAD: Prime Minister Imran Khan said to have given approval for the appointment of Secretary Finance Naveed Kamran Baloch as Executive Director (ED) World Bank (WB) for the period of four years, and Baloch would assume the office in November 2020.

Sources confirmed that Kamran Baloch would be leaving for Washington on October 31, 2020, following approval of his appointment by the prime minister.

Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh held a meeting with the prime minister on Wednesday, and the meeting may have been in this context. Sources added that Shahid Ashraf Tarar’s tenure as ED-WB would be ending in October 2020.

The Ministry of Economic Affairs Division (EAD) has reportedly proposed four names for ED, WB position – Secretary to Prime Minister Azam Khan, Secretary Finance Naveed Kamran Baloch, Secretary Establishment Division Dr Ijaz Munir, and former secretary finance Tariq Bajwa.

Sources close to development stated that two candidates may be given serious consideration for the post of Secretary Finance after the departure of Naveed Kamran Baloch including Special Secretary Finance Mohsin Mushtaq Chandna, Secretary Cabinet Division Ahmed Nawaz Sukehara, and Secretary Economic Affairs Division Noor Ahmed.

Prospects of Special Secretary Finance’s elevation to the office of Secretary Finance are relatively more as he had served as the ED International Monetary Fund (IMF).

Noor Ahmed, a grade 22 officer of the Secretariat Group has also served as special secretary finance and also has experience of dealing with the IMF.

Ahmed Nawaz Sukehra is also a grade 22 officer of the Pakistan Administrative Group and is presently severing on the position of secretary cabinet.

Copyright Business Recorder, 2020

Comments

Comments are closed.