PM appoints PSO, USF heads, extends date to exchange Rs5 note


Prime Minister Syed Yusuf Raza Gilani has appointed Naeem Yahya Mir as Managing Director Pakistan State Oil (PSO) and A Riaz Asher Siddiqui as Chief Executive Officer (CEO), Universal Service Fund (USF) with immediate effect. Naeem Yahya Mir is an expert in refinery facility planning and management, technology support, marketing and process and problem solving. He has a diverse experience of working in related fields in Kuwait, Saudi Arabia, Far East, Pakistan, Middle East and European markets. Riaz Asher Siddiqui is an expert in business development, brand strategising and project management. He is a telecom professional and has a vast experience of business development, telecom brands and project management. In another decision, on the request of the general public and recommendations from State Bank of Pakistan (SBP), Prime Minister Syed Yusuf Raza Gilani has approved extension in the date of exchange of Rs5 (five) bank note by commercial banks for a further period of one year up to 31st December, 2012.