Connect with us


Lack of transparency leads to the hiring of DISCO administrators


As the hiring of independent directors for the boards of directors of 10 electricity distribution companies under the energy division of the Ministry of Energy continues, complaints have emerged alleging a shortage transparency in the process.

Up to five aspirants to independent director positions have written a request to Prime Minister Imran Khan, urging him to become aware of the alleged misconduct.

“Without any suitable and plausible criteria for screening candidates for merit … retired CEOs of electricity distribution companies and others were called in for online interviews while ignoring eligible, experienced and qualified candidates “, alleged the candidates, all belonging to Hyderabad and are retired professionals. “… This makes the whole exercise suspect and beyond all logic, justification and reasoning.”

The Ministry of Energy announced vacancies on November 24, 2019 for distribution companies based in Islamabad, Lahore, Faisalabad, Multan, Gujranwala, Peshawar, Quetta, Hyderabad, Sukkur and tribal areas. However, BoDs continued to hold positions well beyond their tenure – for more than a year in some of these companies, including Hyderabad Electric Supply Company, Quetta Electric Supply Company, Peshawar Electric Supply Company and Tribal Areas Electric Supply Company.

However, the directorships of the four aforementioned companies were originally advertised on May 26, 2019 and candidates who had applied following the initial advertisement were invited to reapply after the advertisement published in November 2019.

According to the announcements, candidates were to be experienced consultants, chartered accountants, cost management accountants, finance, human resources, risk management, public administration, engineering and related fields, corporate lawyers, representatives of industrial and agricultural organizations and successful candidates. businessmen. Professional experience of at least 15 years was also required. Interestingly, the initial announcement indicated that applicants enrolled in the Pakistan Institute of Corporate Governance would have preference, but the requirement was lifted in the announcement published later in November 2019.

In light of these requirements, the applicants wrote: “In order to ensure transparency, fairness and merit, the selection [of candidates] should have been assigned to a reliable management consulting firm responsible for hiring quality professionals.

They lamented that instead, departmental officials had started the hiring process.

“No board of directors made up of experts in engineering, human resources management, finance or company law has been set up to interview eligible candidates,” they argued. “Online interviews by non-professionals [officials] is just a formality to install former blue-eyed, incompetent, ineffective and ill-reputed officers [in the boards]. “

They further argue that the preference given to retired CEOs of the power companies who are allegedly responsible for the maladministration and failure of those companies apparently reflects the shifting priorities of the selectors. They urged the Prime Minister to stop the induction of influential but incompetent administrators, in collusion with their alleged patrons in the ministry, to prevent a further deterioration in the performance of electricity distribution companies. They also asked the PM to cancel the current appointments, to re-advertise the vacancies and to assign the hiring to any leading management consulting firm.

The number of directors in these energy distribution companies varies between eight and 10. Although, although some officials claim that the percentage of independent directors on boards of directors is believed to be higher than that of the members of office, the rule is rarely applied.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]

Politics2 mins ago

Imran calls for global strategy to help workers during pandemic – Journal

ISLAMABAD: Prime Minister Imran Khan urged the international community to develop a common strategy to support workers and reduce the...

Uncategorized2 mins ago

San Jose Earthquake’s new goal is to combat food insecurity

As San Jose Earthquake players awaited their first MLS Championship match in Orlando, Florida, the soccer club set its sights...

Politics5 mins ago

President Jokowi Says Cabinet Work Doesn’t Meet Expectations

JAKARTA, – President Joko Widodo believes that there have been improvements in the performance of ministers after he revealed...

Business5 mins ago

Report says Quibi lost 92% of first users after free trials expire – TechCrunch

The Independence Day weekend was important for Quibi, it was time to see how many of their first subscribers would...

Entertainment6 mins ago

Nick Corderos’ wife Amanda Kloots remembers the late actor as a very special man: I’m heartbroken

Amanda Kloots does her best to stay strong during what can only be described as a devastating week for the...

Politics6 mins ago

Did Trump tweet this about Puerto Rico?

In May 2020, the governor of Puerto Rico, Wanda Vzquez, announced that a plebiscite would be held in November on...

Politics6 mins ago

Did Trump tweet this about Puerto Rico?

In May 2020, the governor of Puerto Rico, Wanda Vzquez, announced that a plebiscite would be held in November on...

Tech7 mins ago

MTA and Transit Innovation Partnership launch challenge for Coronavirus

The New Yorks Metropolitan Transportation Authority and Transit Innovation Partnership launch the COVID-19 compliant challenge to quickly assess and implement...

Fashion9 mins ago

How a Jcan retailer is coping with the pandemic

For almost 16 years, Kerry-Ann Clarke, director of KERRYmanwomanhome (KMWH), has developed a retail fashion brand that today parallels many...

Sports10 mins ago

Players take a knee while cricket restarts

Players from England and the West Indies took a knee when they applied for their first test match in Southampton...