PCB has opened the opportunity to apply for the pool of non-executive directors in the financial and accounting fields until July 15.
The decision to include a Director of Finance and Accounting on the boards of state-owned companies has been made, and the opportunity to join the pool has been opened.
In a press release, the Privatization and Corporatization Board (PCB) stated that the change is part of its efforts to strengthen the management of state-owned companies.
This move aims to enhance the work of the audit committees within these companies' boards, PCB said.
According to PCB, Finance and Accounting Directors will be appointed to the audit committees to strengthen internal control, risk management, and provide technical advice to ensure financial sustainability.
The change will ensure that companies have a technical director with experience in accounting and finance on their boards, recognized by the International Federation of Accountants (IFAC).
PCB has opened the opportunity to apply for the pool of non-executive directors in the financial and accounting fields until July 15.
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