The first meeting of the committee tasked with assessing and facilitating the reconstitution of the Board of Directors (BoD) of the Korangi Fisheries Harbour Authority (KoFHA) was held here on Tuesday.

The meeting was chaired by the Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, with the Federal Minister for Commerce, Jam Kamal, and the Federal Minister for Industries and Production, Rana Tanveer Hussain, and Secretary Maritime Affairs Zafar Ali Shah in attendance as committee members.

The committee has been formed to ensure the reconstitution of KoFHA’s BoD is carried out in accordance with the KoFHA Ordinance and the State-Owned Enterprises (SOE) Act, 2023, according to an official statement.

A key mandate of the committee is to assess the nomination of five members to the BoD, which are to be appointed by the Federal Government. During the meeting, the committee meticulously reviewed the criteria and guidelines for the selection process.

The discussions focused on ensuring that the nominated members would bring a diverse range of skills, experience, and expertise to the board, aligning with the objectives outlined in the KoFHA Ordinance and the SOE Act, 2023.

Federal Minister Qaiser Ahmed Sheikh emphasized the importance of transparency and meritocracy in the nomination process. “Our goal is to reconstitute a Board of Directors that upholds the highest standards of governance and is equipped to drive KoFHA towards greater efficiency and success,” said Qaiser Sheikh.

Federal Minister for Commerce, Jam Kamal, highlighted the strategic importance of KoFHA in the national economy and the need for a dynamic and forward-thinking leadership team. He said KoFHA plays a crucial role in our fisheries and maritime sectors.

The reconstitution of its board is a step towards enhancing its operational capabilities and service delivery. Federal Minister for Industries and Production, Rana Tanveer Hussain, reiterated the committee’s commitment for adhering to the legal framework provided by the KoFHA Ordinance and SOE Act, 2023.

Rana Tanveer Hussain added that we are committed to ensuring that the process is conducted with integrity and in full compliance with the relevant laws and regulations, and also dedicated to realizing the Prime Minister’s vision of ensuring to reflect the diversity and inclusiveness of our nation.

The committee will continue to meet regularly to evaluate potential candidates and finalize the nominations. The aim is to complete the reconstitution process efficiently and effectively, ensuring that KoFHA’s Board of Directors is fully equipped to fulfill its strategic objectives and contribute to the sustainable development of Pakistan’s fisheries and maritime sectors.

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