Sunday, April 22, 2012

CEO selection for more PEs in pipeline

KATHMANDU, APR 22: 

The Public Enterprises Directorate Board has said that the appointment of chief executive officers (CEO) at a few more public enterprises (PEs) is in the pipeline.

The board is planning to start the CEO selection process at Employees Provident Fund, Insurance Board, Hydroelectricity Investment and Development Company, and Nepal Water Supply Corporation in the second phase, said joint secretary at the Finance Ministry Khum Raj Punjali.

Currently, the CEO selection process for Nepal Electricity Authority (NEA), Nepal Oil Corporation (NOC) and Nepal Airlines Corporation (NAC) – is underway.

For Nepal Electricity Authority, the board received two applications till Friday and more applications are expected by Sunday, said Punjali, adding it is likely that board will shortlist candidates by Monday.

The shortlisted candidates will have to present their business, technical and financial proposal, outlining his/her plan for promoting the concerned public enterprise, he said.

It will be easy to assess the performance of the selected CEO after receiving a detailed plan from the shortlisted candidates, according to him. The board has set May 8 as deadline to apply for the chief executive’s post at NOC and NAC. “NEA, NOC and NAC have been without a CEO for a long time.”
 
 
Source: THT

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