Privatization in Pakistan pdf 120 pages or 121

http://www.adb.org/Documents/Reports/Consultant/31095-PAK/31095-PAK-TACR.pdf

http://richpaki.tripod.com/briefhistory.htm
EXCERPT:
In April 1989, within four months of coming into power, Benazir govt. employed N.M.Rothschild & Sons to undertake study of privatization strategy and selection of projects suitable for privatization. The consultants who submitted report on 22nd May, 1989 suggested a strategy of widespread ownership and identified 14 units for privatization in two phases. These units were Muslim Commercial Bank, Habib Bank, PIA, PSO, Sui Northern Gas Pipeline, Sui Southern, Pakistan National Shipping, Pak-Saudi Fertilizer, National Refinery, Pak-Suzuki Motors, Gharibwal Cement, Al-Ghazi Tractors, Millat Tractors adn Mustehkam Cement.
In its first term, Benazir govt. tried to privatize Sui Southern Gas Company and engaged a British Consultant

http://pkonweb.com/2010/12/us-embassy-cable-on-benazir-will-wikileaks/
EXCERPT:
Zardari also dumps “Roti Kapra Makan” populist concept and talks about privatization, economic expansion, broadening of middle-class base. “…he supported increased privatization and economic expansion to build the middle class. The PPP, he insisted, had evolved beyond the days of Zulfakir Bhutto’s slogans to give the people "roti, kapra, makan" (bread, clothing, shelter)”, Patterson’s cable said.

http://www.pakistanhotline.com/2010/10/ipi-iran-pakistan-india-and-ip-iran.html
EXCERPT:

IP Iran-Pakistan Gas Pipeline

After separation of India, now there are only two partners of pipeline project, so it has been renamed as IP Iran-Pakistan Pipeline Project. Iran and Pakistan signed Gas Sales and Purchase Agreement on 06 June, 2009. Some of the key points of this agreement are:

Iran will supply 750 MMSCFD gas to Pakistan for 25 years.

Project was to be started in September 2009 and target date for completion is June 2014.

Route for Iran Pakistan Pipelines will be Iran-Gwadar-Bhong.

Total length of the IP Pipeline is 2100 kilometers. Iran has completed its 1100 km pipeline and Pakistan has yet to start.

Diameter of pipeline has been reduced to 42 inches. Pakistan has to spend an amount of approximately 3.5 Billion Dollars. Sui Northern Gas Pipeline Limited Pakistan, Sui Southern Gas Company Limited Pakistan, The National Iranian Gas Company Iran and Khatam ol Anbia Company Iran are responsible for the erection of pipeline.

250% increase in gas consumption in Pakistan is expected. Iran has to support its week economy and Pakistan is in need of natural gas.

http://www.bhpbilliton.com/bb/aboutUs/companyOverview/ourBoard.jsp
EXCERPT:

Jacques Nasser AO, BBus, Hon DT

Term of office:

Director of BHP Billiton Limited and BHP Billiton Plc since 6 June 2006. Appointed Chairman of BHP Billiton Limited and BHP Billiton Plc with effect from 31 March 2010. Mr Nasser was last re-elected in 2008.

Independent:

Yes

Skills and experience:

Following a 33 year career with Ford in various leadership positions in Europe, Australia, Asia, South America and the US, Jacques Nasser served as a member of the Board of Directors and as President and Chief Executive Officer of Ford Motor Company from 1998 to 2001. He has more than 30 years’ experience in large-scale global businesses.

Other directorships and offices (current and recent):

• Director of British Sky Broadcasting Ltd (since November 2002)
• Non-Executive advisory partner (since March 2010) of One Equity Partners 'JPMorgan Chase & Co's Private Equity Business' (Partner from November 2002 until March 2010)
• Member of the International Advisory Council of Allianz Aktiengesellschaft (since February 2001)
• Former Director of Brambles Limited (from March 2004 to January 2008)

Board Committee membership:

• Chairman of the Nomination Committee

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Marius Kloppers BE (Chem), MBA, PhD (Materials Science)

Term of office:

Director of BHP Billiton Limited and BHP Billiton Plc since January 2006. Mr Kloppers was appointed Chief Executive Officer on 1 October 2007. He was appointed Group President Non-Ferrous Materials and executive Director in January 2006 and was previously Chief Commercial Officer. Mr Kloppers was last re-elected in 2009.

Independent:

No

Skills and experience:

Marius Kloppers has extensive knowledge of the mining industry and of BHP Billiton’s operations. Active in the mining and resources industry since 1993, he was appointed Chief Commercial Officer in December 2003. He was previously Chief Marketing Officer, Group Executive of Billiton Plc, Chief Executive of Samancor Manganese and held various positions at Billiton Aluminium, including Chief Operating Officer and General Manager of Hillside Aluminium.

Other directorships and offices (current and recent):

None

Board Committee membership:

None

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Alan Boeckmann BE (Electrical Eng)

Term of office:

Appointed a Director of BHP Billiton Limited and BHP Billiton Plc in September 2008. Mr Boeckmann was elected at the 2008 Annual General Meetings.

Independent:

Yes

Skills and experience:

Alan Boeckmann is currently Chairman and Chief Executive Officer of Fluor Corporation, USA, having originally joined Fluor in 1974.  Mr Boeckmann has extensive experience in running large-scale international industrial companies and experience in the oil and gas industry. He has global experience in engineering, procurement, construction, maintenance and project management across a range of industries, including resources and petroleum.

Other directorships and offices (current and recent):

• Chairman and Chief Executive Officer of Fluor Corporation (since February 2002)
• Former Director of Burlington Northern Santa Fe Corporation (from September 2001 until February 2010)
• Former Director of Archer Daniels Midland Company (from November 2007 to November 2008)

Board Committee membership:

• Member of the Remuneration Committee 

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Malcolm Broomhead MBA, BE, FIE (Aus), FAusIMM, FAIM, MICE (UK), FAICD

Term of office:

Appointed a Director of BHP Billiton Limited and BHP Billiton Plc with effect from 31 March 2010.

Independent:

Yes

Skills and experience:

Malcolm Broomhead was Managing Director and Chief Executive Officer of Orica Limited from 2001 until September 2005, where he oversaw a strongly performing global business that controlled interests in more than 45 countries. Prior to joining Orica, Mr Broomhead held a number of senior positions at North Limited, including Managing Director and Chief Executive Officer and prior to that, held senior management positions with Halcrow (UK), MIM Holdings, Peko Wallsend and Industrial Equity. Mr Broomhead has extensive experience in running industrial and mining companies with a global footprint and broad global experience in project development in many of the countries in which BHP Billiton operates. Mr Broomhead is currently non executive Chairman of Asciano Limited and a non executive Director of the Coates Group Holdings Pty Ltd.

Other directorships and offices (current and recent):

• Chairman of Asciano Limited (since 2009)
• Director of Coates Group Holdings Pty Ltd (since 2008)

Board Committee membership:

• Member of the Sustainability Committee

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John Buchanan BSc, MSc (Hons 1), PhD

Term of office:

Director of BHP Billiton Limited and BHP Billiton Plc since February 2003. Dr Buchanan has been designated as the Senior Independent Director of BHP Billiton Plc since his appointment. He was last re-elected in 2008.

Independent:

Yes

Skills and experience:

Educated at Auckland, Oxford and Harvard, John Buchanan has broad international business experience gained in large and complex international businesses. He has substantial experience in the petroleum industry and knowledge of the international investor community. He has held various leadership roles in strategic, financial, operational and marketing positions, including executive experience in different countries. He is a former executive Director and Group Chief Financial Officer of BP, serving on the BP Board for six years.

Other directorships and offices (current and recent):

• Chairman of Smith & Nephew Plc (since April 2006) and former Deputy Chairman (from February 2005 to April 2006)
• Chairman of the International Chamber of Commerce (UK) (since May 2008)
• Senior Independent Director and Deputy Chairman of Vodafone Group Plc (since July 2006) and Director (since April 2003)
• Member of Advisory Board of Ondra Bank (since June 2009)
• Former Director of AstraZeneca Plc (from April 2002 to April 2010)

Board Committee membership:

• Chairman of the Remuneration Committee
• Member of the Nomination Committee

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Carlos Cordeiro AB, MBA

Term of office:

Director of BHP Billiton Limited and BHP Billiton Plc since February 2005. Mr Cordeiro was last re-elected in 2009.

Independent:

Yes

Skills and experience:

Carlos Cordeiro brings to the Board more than 30 years’ experience in providing strategic and financial advice to corporations, financial institutions and governments around the world. He was previously Partner and Managing Director of Goldman Sachs Group Inc.

Other directorships and offices (current and recent):

• Non-executive Advisory Director of The Goldman Sachs Group Inc (since December 2001)
• Non-executive Vice Chairman of Goldman Sachs (Asia) (since December 2001)

Board Committee membership:

• Member of the Remuneration Committee

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David Crawford AO, BComm, LLB, FCA, FCPA, FAICD

http://www.fenchurchadvisory.com/News/2010/3/Profit-from-turmoil
EXCERPT:
For example, Ondra Partners, an advisory firm set up by Michael Tory and other former Lehman Brothers bankers, completed its first significant IPO mandate with the listing of Gartmore, the UK fund manager, in December last year. Hawkpoint, an advisory house linked with Collins Stewart, the stockbroker, is advising Fairfield Energy on its planned London IPO.

http://www.efinancialnews.com/story/2010-08-13/bank-of-week-ondra-partners-gdf
EXCERPT:

Investment Bank of the Week: Ondra Partners

Liam Vaughan

13 Aug 2010

Ondra Partners, the boutique founded by ex-Lehman Brothers executives Benoit D’Angelin and Michael Tory in 2008, is fast establishing a name for itself as the A-team of investment banking.

http://www.efinancialnews.com/story/2010-07-26/ondra-hires-restructuring
EXCERPT:

Ondra Partners adds restructuring hire

Liam Vaughan

26 Jul 2010

Ondra Partners, the advisory boutique set up by former Lehman Brothers UK investment banking head Michael Tory, has hired a senior restructuring specialist from Rothschild. The hire comes ahead of what bankers believe will be a big year for restructuring in 2011.

http://mercatoliberonews.blogspot.com/2008/11/illuminati-and-house-of-rothschild.html