Arshad Malik to remain PIA CEO on three-year contract basis

The Federal Cabinet has approved the appointment of Air Marshal Arshad Malik as a Chief Executive Officer (CEO) of Pakistan International Airlines (PIA), on a three-year contract basis.

According to the details, a cabinet meeting was held in Islamabad under the chairmanship of Prime Minister Imran Khan, in which the overall economic and political situation of the country, including the coronavirus pandemic and other issues, were reviewed.

The federal cabinet formally approved the appointment of Air Marshal Arshad Malik as the chief executive of PIA for three years. After the cabinet approval, he will remain the CEO of PIA even after his retirement.

Air Marshal Arshad Malik is retiring from the Pakistan Air Force on July 12, after which he will be the Chief Executive PIA on contract for the remainder of the term.

According to sources, the federal cabinet was also given a detailed briefing on the issue of pilots with suspicious degrees and it was informed that pilots with fake and suspicious degrees have been grounded and the matter is under investigation.

The federal cabinet has directed to complete the investigation into the suspicious degrees of pilots as soon as possible.

The Cabinet has postponed the matter of amending the Companies Act 2017 relating to the Financial Action Task Force (FATF).

‘All dubious licenses issued during PPP and PML-N Tenures’

Briefing the media after the meeting of the federal cabinet, Information Minister Senator Shibli Faraz said that 28 pilots with fake PIA licenses have been sacked, all suspicious licenses were issued during the PPP and PML-N tenures.

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