Finance Committee


Mr. Nadeem Mumtaz Qureshi                 Chairman

Mr. Hassan Nasir Jamy                           Member

Mr. Saeed Ullah Shah                             Member

Mr. Mohammad Tariq                             Member


The Terms of Reference of the Board Finance Committee include the following:


i. Evaluation and recommendation of the Annual Operating and Capital Budget and periodically performance evaluation of its utilisation.

ii. Review of policies relating to financial matters and major financial commitments.

iii. Periodic review of the financial position of the Company and its operational segments.

iv. Scrutiny / evaluation of matters relating to the treasury function and review of the borrowing plans of the Company.

v. Evaluation of proposals for enlistment / approval of banks in the Company’s approved panel of banks.

vi. Review of major litigation, claims or other contingencies, whether secured or unsecured, that could have a material effect on the Company’s financial position or operating results.