Ogra member finance to be appointed from open market

ISLAMABAD: The federal government has decided to appoint Member Finance of the Oil and Gas Regulatory Authority (Ogra) from the open market.

The Cabinet Division has invited applications from eligible candidates within 15 days for the appointment of Member Finance Ogra.

Eligibility of the candidate is prescribed as Masters Degree in Finance or Accounting (minimum 16 years education) or Fellow Chartered Accountant or FCMA or equivalent.

Candidates should have at least 20 years of experience in finance-related fields, including corporate finance, accounting, budgeting, preferably in the energy sector in policy making and strategy preparation in the private or public sector. The appointment of Member Finance will be made in the MP scale. The initial appointment will be on contract for two years, but can be appointed twice for four years or up to the age of 65 years, whichever is earlier.

The age of the candidate should not exceed 62 years. No candidate will be appointed who has direct or indirect financial interest in the oil and gas sector.

Government servants can also apply through proper channel but in case of appointment, he or she will have to take retirement or resign from the post. Only eligible candidates will be called for interview.