AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)

ISLAMABAD: The federal government is likely to appoint Asim Shahryar Husain as Chief Executive Officer of IGNITE (National Technology Fund), well-informed sources told Business Recorder. IGNITE is a Public Sector Company under the Ministry of Information Technology and Telecommunication. The vacant post of Chief Executive Officer IGNITE was advertised in the press on 19th July, 2020 for a period of three years. In response, 231 applications were received. Fifty seven candidates were shortlisted by IGNITE Board and recommended for interviews.

In the interview meeting held from 14th to 17th September, 2020, the IGNITE Board evaluated these candidates based on the laid down criteria, academic and professional record, ability, vision and job experience in accordance with the Public Sector Companies (Corporate Governance) Rules, 2013.

The Board has unanimously recommended following panel in order of merit for selection as Chief Executive Officer on contract basis for a period of three years: (i)Saad Bashir; (ii) Asim Shehryar Husain; (iii) Sahibzada Ali Mahmud; (iv) reserve pool - Dr Nassar Ikram and; (v) Shahbaz Khan.

The company subsequently intimated that Mr. Saad Bashir and Sahibzada Ali Mahmud have conveyed their inability to pursue for this job.

The Ministry sought clearance reports from Intelligence Bureau (IB) for the panel and clearance of Asim Shahryar Husain has been received from IB. Clearance documents of candidate of Nassar Ikram have not been received as he is affected by Covid-19. Clearance from IB for Shahbaz Khan is still awaited.

The Federal Cabinet may concur to the appointment of Asim Shahryar Husain as Chief Executive Officer, IGNITE (National Technology Fund) by the Board of Directors of Company on contract basis for a period of three years. In case, he fails to join within the stipulated time frame, the Board may offer the appointment to another candidate subject to the availability of their clearance reports.

Comments

Comments are closed.