Central Information Secretary, Pakistan Peoples Party’s Parliamentarians (PPPP) Dr Nafisa Shah has expressed grave concern over what she said the ill-advised and discriminatory promotion policy of the National Bank of Pakistan, which has led to an organizational chaos within the Bank. She has also called upon the Minister Finance to suspend the controversial promotions in the top management of the Bank until the facts were ascertained.
ISLAMABAD, (Pakistan Point News - 23rd Jan, 2018) : Central Information Secretary, Pakistan Peoples Party’s Parliamentarians (PPPP) Dr Nafisa Shah has expressed grave concern over what she said the ill-advised and discriminatory promotion policy of the National Bank of Pakistan, which has led to an organizational chaos within the Bank. She has also called upon the Minister Finance to suspend the controversial promotions in the top management of the Bank until the facts were ascertained.
In a statement issued here on Tuesday, Dr. Nafisa Shah said, “The National Bank is an asset of this country, and PMLN has always been on the agenda to destroy national assets, whether it is public sector airlines, banks, or industries and this seems to be a conspiracy to destroy the only major bank in the public sector.” “The new National Bank President Saeed Ahmed was a class mate of Ishaq Dar and was running a nursing home for the elderly in London before his appointment to the State Bank and National Bank and has little experience in banking in Pakistan”, she said.
He is also under investigation for money laundering by the former Finance Minister. The PPPP Central Information Secretary further said, the promotion policy is ad hoc and ill-advised for the following reasons: First, the promotion policy was devised by HR Manager who is a political appointee who is facing a petition in the court on his controversial appointment. Second, the promotion policy was announced on the same day as the promotions which took place.
And thirdly, by awarding fifty per cent marks to interview, it allowed space to favourites to the top position superseding many senior people in the bank, which is a malafide and corrupt practice. “It is unheard of, in any HR policy, old and new, that seniority be wiped out and 50 per cent marks be given for interview during a promotion. In most HR policies, seniority, performance and qualifications are given due weightage.”Dr Shah said. She said that the PPP welcomes the fact that both the Senate and National Assembly committees have taken notice in this matter and demands that these promotions of top management are suspended in the interest of this most important public sector organization.
