Managing Director NTDC resigns after three months

The recently appointed Managing Director National Transmission and Despatch Company (NTDC) Engineer Azaz Ahmad has resigned from his position after a period of three months. According to sources the resignation has been tendered because of undue interference of the Board in the internal affairs of organisation and family issues. He had assumed charge on August 4, 2021 and his resignation was accepted by the Board from November 3, 2021.

According to the notification, the Board of Directors of NTDC in its 209th meeting held on November 03, 2021 against special agenda unanimously resolved and approved the acceptance of resignation tendered by Azaz Ahmad, MD NTDC with immediate effect. The Board also approved to waive off one-month notice period after the deduction of leave balance as per employment agreement on compassionate ground on account of certain family health issues.

Azaz ahmed had been hired by NTDC on $15,000 per month after he had spent a long time in Canada. According to sources the outgoing NTDC Chief was unhappy that the Board members’ entitled to Rs50,000 for each meeting, hold frequent meetings, sometimes three meetings in a week and issues directions relating to the organization’s internal affairs, in violation of their mandate. During the last month the MD NTDC had refused to issue letter of Commercial Operation Date (COD) of Matiari-Lahore transmission project 660kV High Voltage Direct Current (HVDC) transmission line constructed under the framework of China-Pakistan Economic Corridor (CPEC) due to issues which may attract a probe in future.