The selection of new Managing Director (MD) for National Transmission and Despatch Company (NTDC) has fallen into controversy as Power Division and Board of Directors (BoD) of NTDC cannot agree to the same individual.
According to sources a total of 47 applications were received for the post of MD. After screening 19 eligible candidates were shortlisted for the interview process. A total of 15 candidates (4 candidates were absent) were interviewed by the Board of NTDC on December 07, 2020 and December 08.12.2020. All candidates were evaluated as per fit and proper criteria prescribed under the Public Sector Companies (Corporate Governance) Rules, 2013 (amended in 2017) and Public Sector Companies (Appointment of Chief Executive) Guidelines, 2015.
The Board of Directors of NTDCL in its 178th meeting dated October 14, 2020 unanimously resolved to recommend the following four candidates in order of merit for the concurrence of federal government: (i) Azaz Ahmed; (ii) Mujahid Pervaiz Chattha; (iii) Maj Gen Muhammad Azeem Asif (retd); and (iv) Mujahid Islam Bila.
According to sources the board wants to appoint Azaz Ahmed as MD but the salary demanded by him i.e. $ 15,000 per month is “too high” compared to the market trend. The other three candidates have sought MP-I Pay Scale (maximum) along with all the perks and benefits.
