AIRLINK 189.64 Decreased By ▼ -7.01 (-3.56%)
BOP 10.09 Decreased By ▼ -0.05 (-0.49%)
CNERGY 6.68 Decreased By ▼ -0.01 (-0.15%)
FCCL 34.14 Increased By ▲ 1.12 (3.39%)
FFL 17.09 Increased By ▲ 0.44 (2.64%)
FLYNG 23.83 Increased By ▲ 1.38 (6.15%)
HUBC 126.05 Decreased By ▼ -1.24 (-0.97%)
HUMNL 13.79 Decreased By ▼ -0.11 (-0.79%)
KEL 4.77 Increased By ▲ 0.01 (0.21%)
KOSM 6.58 Increased By ▲ 0.21 (3.3%)
MLCF 43.28 Increased By ▲ 1.06 (2.51%)
OGDC 224.96 Increased By ▲ 11.93 (5.6%)
PACE 7.38 Increased By ▲ 0.37 (5.28%)
PAEL 41.74 Increased By ▲ 0.87 (2.13%)
PIAHCLA 17.19 Increased By ▲ 0.37 (2.2%)
PIBTL 8.41 Increased By ▲ 0.12 (1.45%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 193.09 Increased By ▲ 9.52 (5.19%)
PRL 37.34 Decreased By ▼ -0.93 (-2.43%)
PTC 24.02 Decreased By ▼ -0.05 (-0.21%)
SEARL 94.54 Decreased By ▼ -0.57 (-0.6%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.93 Decreased By ▼ -0.38 (-0.94%)
SYM 17.77 Decreased By ▼ -0.44 (-2.42%)
TELE 8.66 Decreased By ▼ -0.07 (-0.8%)
TPLP 12.39 Increased By ▲ 0.18 (1.47%)
TRG 62.65 Decreased By ▼ -1.71 (-2.66%)
WAVESAPP 10.28 Decreased By ▼ -0.16 (-1.53%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
YOUW 3.97 Decreased By ▼ -0.03 (-0.75%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

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.