Govt Struggles to Appoint Board Chairman of ZTBL

The appointment of Board Chairman Zarai Taraqiati Bank Limited (ZTBL) has also become a problem for the coalition government after the delay in the appointment of the National Bank of Pakistan (NBP), revealed sources from the Ministry of Finance.

Talking to Propakistani, sources said that the meeting of the ZTBL board has not been convened in four months due to the non-appointment of a chairman. The government has failed to fill the two vacant seats on the board, including the chairman of the board. This has caused the meeting to be delayed as the quorum was not fulfilled, they added.

They said that it had been four months since the last chairman of the board resigned, and the new government has not been able to fill his position.

Earlier this week, Propakistani had reported that the selection of the President NBP had been postponed as the Finance Ministry delayed the interviews of the candidates. Sources had said that the coalition government has not been able to secure the approval of all the parties on appointments of crucial positions. Yesterday, the federal cabinet extended the look-after charge of President NBP, Rehmat Ali Hasnie, till the appointment of a regular President.

A similar situation was witnessed while appointing Governor State Bank of Pakistan (SBP), where the government was constantly criticized by the opposition for failing to appoint a new Governor. However, after a long wait of four months and countless meetings, the Federal Government managed to appoint Jameel Ahmed for the position.



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