Pakistan SOE Chiefs earn up to Rs15m a month

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MG News | May 25, 2026 at 03:33 PM GMT+05:00

May 25, 2026 (MLN): Several heads and chief executives of Pakistan’s state-owned enterprises (SOEs), autonomous bodies, and public banking institutions are receiving multi-million rupee monthly compensation packages, according to the sources, with the highest-paid executives crossing the Rs15 million mark.

The chiefs of joint-venture investment companies top the list of the highest-paid public-sector executives. The Managing Director (MD) of the Pak-Kuwait Investment Company Limited receives a monthly package of Rs15.378 million, closely followed by the MD of the Pak-Oman Investment Company Limited, who draws Rs12.884 million per month.

Other investment venture leaders also command hefty salaries: the MD of Pak-Iran Investment Company receives Rs. 9.716 million monthly, while the chief of the Pak-Libya Holding Company Limited is paid Rs8.817 million per month.

These investment company heads enjoy extensive, high-tier fringe benefits alongside their base salaries.

Large public sector commercial and specialized banking institutions also feature prominently in the payroll disclosure. The National Bank of Pakistan (NBP) President commands a massive monthly salary of Rs9 million. Meanwhile, the Governor of the State Bank of Pakistan (SBP) receives Rs4 million per month.

 In specialized banking:

  • The President of the Zarai Taraqiati Bank Limited (ZTBL) draws Rs5.462 million.
  • The President of Exim Bank receives Rs4.987 million.
  • The President of the First Women Bank Limited (FWBL) is paid over Rs2.231 million monthly.

The documents also shed light on lucrative salaries within institutions connected to the Federal Board of Revenue (FBR) and trade facilitation.

The Chief Executive Officer of Pakistan Revenue Automation Limited (PRAL), FBR’s dedicated IT arm, receives a monthly salary of Rs5.2 million, augmented by a 15% mobility allowance based on the gross salary, alongside complete life and health insurance coverage.

Similarly, the CEO of Pakistan Single Window (PSW), an enterprise established to digitalize cross-border trade, draws a monthly salary of Rs2.654 million, paired with a fuel allowance of Rs79,200 (calculated at 300 liters), a Rs10,000 mobile allowance, and an annual festive allowance of Rs221,181.

In contrast to the multi-million rupee packages of banking and corporate SOE heads, administrative and regulatory chiefs draw significantly lower, policy-bound salaries. The Chairman of the Competition Commission of Pakistan (CCP) receives a monthly salary of Rs1.109 million under the MP-I scale policy.

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