Documents detailing the salaries of senior executives serving in financial institutions operating under the Ministry of Finance have revealed that several top officials receive monthly remuneration running into millions of rupees, with the highest salary exceeding Rs15 million per month.
According to documents, the managing director of the Pakistan Kuwait Investment Company receives a monthly salary of Rs15.378 million, making it the highest remuneration package among the institutions listed.
The documents show that the managing director of the Pakistan Oman Investment Company is paid Rs12.884 million per month, while the managing director of the Pakistan Iran Investment Company receives a monthly salary of Rs9.716 million.
The salary records further reveal that the president of the National Bank of Pakistan receives Rs9 million per month. Meanwhile, the managing director of Pakistan Libya Holding Company Limited is paid Rs8.817 million monthly.
According to the documents, the chief executive officer of Pakistan Revenue Automation Limited (PRAL) receives a monthly salary of Rs5.2 million in addition to an allowance equal to 15% of the salary package.
The president of the Export-Import Bank of Pakistan receives Rs5 million per month, while Governor of the State Bank of Pakistan is paid a monthly salary of Rs4 million.
The chairman of the Securities and Exchange Commission of Pakistan (SECP) receives more than Rs3.6 million each month. The chief executive officer (CEO) of Pakistan Single Window is paid a monthly salary of Rs2.65 million along with an additional allowance of Rs89,000.
The documents also showed that the president of the First Women Bank receives a monthly salary of Rs2.2 million, while the chairman of the Competition Commission of Pakistan (CCP) is paid Rs1.1 million per month.
The disclosure comes at a time when the minimum monthly wage for worker classes in Pakistan stands at Rs40,000, highlighting a significant disparity between the earnings of senior executives and ordinary wage earners.
