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December 24, 2014

Nasir Khosa does Pakistan proud as Chairman HR Committee of World Bank

December 24, 2014

ISLAMABAD: Pakistan’s nominee to the World Bank, Executive Director Nasir Mehmood Khosa, has been selected as Chairman of its Human Resource Committee.
He has thus done Pakistan proud, winning honour for the homeland. No Pakistani has ever earned this position.
There are six standing committees of the World Bank board. Traditionally, their chairmen are picked up from the developed countries.
It is the first time that a Pakistani is serving as the chairman of any committee.
The Human Resources Committee is an important forum of the World Bank. It deals with all strategic staffing policies, compensations, benefits, contract management, performance standards, diversity and inclusion of issues in World Bank globally.
Other members of the committee include the executive directors from Japan, Germany, France, Belgium, Indonesia, South Africa and Seychelles.
The other five committees would be chaired by executive directors from Britain, the Netherlands, Switzerland, Canada and Chile.
An official told The News that Khosa’s selection is a singular honor for Pakistan and is recognition of its performance during the last one year or so. The international financial institution disbursed $1.6 billion to Pakistan.
Besides CASA-1000, two Development Policy Credits, International Financial Corporation (IFC)’s investment in Three Gorges Company of China, Country Partnership Strategy, Dassu hydropower, Sindh agriculture and water sector projects were approved by the World Bank Board. The pipeline for the current year is also strong.
Khosa retired as principal secretary to Prime Minister Nawaz Sharif. After that he was nominated as executive director of the World Bank.
He previously served as chief secretary of Punjab and Balochistan. He is regarded as one of most competent, upright and industrious officers of district management group.
The official said that Khosa’s recognition at World Bank is also acknowledgement of the prime minister’s

decision appointing him on merit.
Former Prime Minister Pervez Ashraf had nominated his son-in-law on this extremely important World Bank job. Later the Supreme Court had declared the appointment illegal.
Khosa belongs to the family of brilliant people. One of his brothers, Justice Asif Saeed Khosa, is the judge of the Supreme Court. The other brother, Tariq Khosa, a retired federal secretary, originally belonging to the police service of Pakistan, was recently inducted in the experts’ committee which has prepared the national plan of action against terrorism.

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