PPIB BoD to discuss removal of MD?
The Board of Directors (BoD) of Private Power and Infrastructure Board (PPIB) is to discuss the removal of incumbent Managing Director of PPIB, Shah Jahan Mirza, in its forthcoming meeting, a senior official of Power Division told Business Recorder.
The removal of MD PPIB is under discussion in the Power Division, since the day, Prime Minister, Shahid Khaqan Abbasi issued verbal instructions for his ouster during a meeting on energy issues.
“We have obtained opinion from the concerned Ministry and a formal summary will be tabled in the forthcoming meeting of the Board as a formal agenda item,” the official added.
Insiders claim that the Minister for Power, who is also the Chairman of PPIB, is not in favour of the incumbent MD. The MD PPIB had sought help from Minister of State for Power Division, Abid Sher Ali, to convince Awais Leghari not to proceed against him but did not succeed.
Published in Business Recorder, 28th February, 2018