ISLAMABAD: Official documents from Ministry of Finance have revealed that senior executives heading several state-owned and semi-government institutions are receiving monthly salaries and benefits running into millions of rupees, with some pay packages exceeding Rs15 million.
According to the documents, the chairman of the Securities and Exchange Commission of Pakistan receives a monthly salary of over Rs3.65 million, while other senior positions also command substantial remuneration packages across key financial institutions.
The chairman of the SECP reportedly earns around Rs1.1 million per month, while the president of the Agricultural Development Bank receives approximately Rs5.45 million monthly.
Similarly, the head of the Export-Import Bank earns about Rs5 million per month, and the president of the First Women Bank receives over Rs2.2 million in monthly salary.
The chief executive officer of Pakistan Single Window is paid around Rs2.68 million, along with additional allowances, while the CEO of PRAL reportedly receives a monthly salary of about Rs5.2 million plus a 15 percent allowance.
According to the Ministry of Finance data, the governor of the State Bank of Pakistan receives a monthly salary of around Rs4 million, while the president of the National Bank of Pakistan earns approximately Rs9 million per month.
The documents further reveal exceptionally high compensation packages in certain state-linked investment companies. The managing director of Pak-Kuwait Investment Company reportedly earns Rs15.3 million per month, while the MD of Pak-Oman Investment Company receives about Rs12.8 million.
Meanwhile, the managing director of Pak-Iran Investment Company earns approximately Rs9.7 million monthly, and the head of Pak-Libya Holding Company is paid around Rs8.8 million.
The report highlights that, in addition to salaries, many of these positions also include significant allowances and other benefits.
The disclosures have drawn attention to wide disparities in public sector compensation and are likely to fuel further debate over salary structures in state-owned enterprises.
