Dr. Ayesha Khan Steps Down from PIA Holding Company’s Board of Directors
Dr. Ayesha Khan has resigned from her position as a member of the Board of Directors of PIA Holding Company, citing other work commitments. The Company Secretary of PIA informed the Pakistan Stock Exchange through a formal letter, requesting them to inform the TRE Certificate Holders of her decision. This comes after the government had recently appointed Dr. Ayesha Khan to the Board of Directors of the PIA Holding Company, but she has had to decline the position due to her busy schedule.
In a move to expedite the privatization process of PIA, the federal cabinet had earlier approved an 11-member Board of Directors for the PIA Holding Company, with former State Bank of Pakistan Governor Tariq Bajwa as the chairman. The PIA holding company has been registered with the NCB, paving the way for the transfer of all national flag carrier’s debts and assets to the holding company. The Securities and Exchange Commission of Pakistan’s regulations require board approval for decisions regarding the PIA.
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