ISLAMABAD – Khalid Mansoor, former chief executive officer (CEO) of The Hub Power Company (Hubco), has replaced Lt General Asim Saleem Bajwa (retd) as the central figure to lead affairs of the China-Pakistan Economic Corridor (CPEC), it was announced on Tuesday.
Pakistan Tehreek-e-Insaf (PTI), the ruling party, shared the notification on its Twitter page. The appointment shall be in honorary capacity, reads the notification from the Prime Minister’s Office.
Bajwa also announced his departure in a tweet, saying Mansoor was “fully equipped” to lead as Chairman CPEC Authority.
“The course is set for future progression of CPEC, this journey will go on,” said Bajwa. “CPEC is a lifeline for Pakistan, it will transform us into a progressive and fully developed country InshaAllah.”
The government had notified in November 2019 the appointment of Bajwa as the first CPEC Authority chairman. The authority was established through a presidential ordinance for coordination, monitoring, and evaluation to ensure smooth functioning of CPEC-related activities. The former director general of the Inter-Services Public Relations (ISPR) Pakistan was appointed for a period of four years.
Meanwhile, Mansoor had earlier stepped down as CEO of Hubco, and was replaced by Kamran Kamal, the then-CEO of Laraib Energy Limited, a Hubco subsidiary, in July.
