Tuesday, September 24, 2013

Organizational Structure and Membership of PKSF

Organizational Structure and Membership

6.1            General Body
Maximum number of the members in the General Body will be 25, out of which government may nominate not more than 15 members from amongst persons associated with government agencies, voluntary organizations or private individuals. The remaining 10 members may be from amongst persons representing POs and/or private individuals.  The General Body usually meets once a year for overall policy guidance.  Presently, PKSF has a General Body of 16 members consisting of distinguished personalities of the country. 
6.2            Governing Body
The composition of the Governing Body is as follows: (i) Chairman of PKSF (nominated by the Government), (ii) the Managing Director (appointed by the Governing Body), (iii) two members nominated by the Government; and (iv) three members elected by the General Body. That Makes a 7-member Governing Body of PKSF.
6.3            Chairman
The Chairman of PKSF is nominated by the Government from persons not in service of the Republic, usually for a term of three years.
6.4            Managing Director
The Managing Director is the Chief Executive Officer (CEO) of PKSF.  The Governing Body has appointed the Managing Director.  He is the ex-officio member of the Governing Body.
6.5            Management
PKSF has four divisions as follows: a) Small and Medium POs’ Loan Operations Division; b) Big POs’ Loan Operations Division; c) Administration Division; and d) Audit Division. Loan Operations Divisions are the program divisions of PKSF that select POs, disburse and recover loan, monitor and evaluate programs and provide on-site technical assistance and advisory services to POs.  The Internal Audit division reports directly to the Managing Director.
PKSF has a  research and a training units to conduct research related to poverty alleviation and to impart training to the staff of POs. These units are under the Administration Division.

PKSF from its inception has been following a policy of recruiting officers with high academic standing. PKSF has Programs to train its Officers and Staff to increase their efficiency and skill.

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