AGL 40.10 Increased By ▲ 0.07 (0.17%)
AIRLINK 128.34 Increased By ▲ 0.64 (0.5%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.54 Decreased By ▼ -0.06 (-1.3%)
DCL 9.22 Increased By ▲ 0.43 (4.89%)
DFML 41.73 Increased By ▲ 0.15 (0.36%)
DGKC 87.00 Increased By ▲ 1.21 (1.41%)
FCCL 32.63 Increased By ▲ 0.14 (0.43%)
FFBL 64.56 Increased By ▲ 0.53 (0.83%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.24 Increased By ▲ 1.47 (1.33%)
HUMNL 14.95 Decreased By ▼ -0.12 (-0.8%)
KEL 5.05 Increased By ▲ 0.17 (3.48%)
KOSM 7.34 Decreased By ▼ -0.11 (-1.48%)
MLCF 40.89 Increased By ▲ 0.37 (0.91%)
NBP 61.63 Increased By ▲ 0.58 (0.95%)
OGDC 196.25 Increased By ▲ 1.38 (0.71%)
PAEL 27.56 Increased By ▲ 0.05 (0.18%)
PIBTL 7.70 Decreased By ▼ -0.11 (-1.41%)
PPL 153.76 Increased By ▲ 1.23 (0.81%)
PRL 26.80 Increased By ▲ 0.22 (0.83%)
PTC 16.34 Increased By ▲ 0.08 (0.49%)
SEARL 83.75 Decreased By ▼ -0.39 (-0.46%)
TELE 7.84 Decreased By ▼ -0.12 (-1.51%)
TOMCL 36.50 Decreased By ▼ -0.10 (-0.27%)
TPLP 8.93 Increased By ▲ 0.27 (3.12%)
TREET 17.12 Decreased By ▼ -0.54 (-3.06%)
TRG 58.89 Increased By ▲ 0.27 (0.46%)
UNITY 28.15 Increased By ▲ 1.29 (4.8%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,960 Increased By 768 (0.82%)
KSE30 29,500 Increased By 298.4 (1.02%)

AFP's chief executive Emmanuel Hoog announced Wednesday that he was withdrawing his bid for a third term at the head of the international news agency after failing to secure government support. "I was made aware this morning that my programme did not have the necessary and crucial support of the state, as has been the case since 2010," Hoog said in his letter to the company board which was emailed to staff.
"With regret, I am withdrawing my candidacy," the 55-year-old said. The board had been due to interview Hoog on Wednesday for a fresh five-year term alongside a rival candidate for the top job, Fabrice Fries, former head of communications and PR company Publicis Consultants. The interview with Fries has gone ahead, despite calls for a delay from some board members.
Fries, 58, led the consultancy until 2016 and was previously a top executive at French media group Vivendi and advertising firm Havas after studying at Berkeley and Harvard in the US and France's elite Ecole Nationale d'Administration. To secure the CEO role, he must obtain 13 out of 18 votes on the board, which includes representatives of the French press, the government and AFP staff.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.