KARACHI: The government on Wednesday announced a reshuffle of leadership in five electricity distribution companies (DISCOs), according to a notification issued by the Ministry of Energy.
The move comes amid ongoing efforts to improve the efficiency and performance of the power sector.Dr Tahir Masood was named the new chairperson/independent director of the Islamabad Electric Supply Company (IESCO). Four other independent directors were also appointed to the board.
Similar appointments were made for the Multan Electric Power Company (Mepco), Faisalabad Electric Supply Company (Fesco), Lahore Electric Supply Company (Lesco), and Peshawar Electric Supply Company (Pesco).
Amer Zia will chair Mepco and Lesco, while Omer Farooq Khan and Himayat Ullah Khan will lead Fesco and Pesco respectively. All these officials have received the title of chairperson/independent director, with their boards also receiving four additional independent directors each.
The notification from the Ministry of Energy did not specify the reasons for the leadership changes, nor did it disclose the identities of the additional board members. All independent directors will serve a three-year term, with the possibility of extension.
China's President Xi Jinping applauds during the opening ceremony of the Forum on China-Africa Cooperation in...
This photograph shows the logo of US multinational technology conglomerate Meta, taken on May 22, 2022. —...
This is a representational image of a person holding gold chains. — AFP/FileKARACHI: Gold prices decreased by...
An employee working at a textile factory in Pakistan's port city of Karachi, on April 7, 2011. — AFPLAHORE: There is...
People shop at a crowded market ahead of Diwali, the Hindu festival of lights, in the old quarters of Delhi, India on...
Roblox Corp Chief Executive Officer and Co-Founder Dave Baszucki seen in this image. — X/@DavidBaszucki/FileRoblox...