 Bismillahi r-Rahman r-Rahim, when Islamic in Pakistan, welcome back to corporate governance and we are continuing with listed companies and the various stipulations of the Securities Exchange Commission of Pakistan led to do them. We have been talking about the board, we have been talking about the directors of listed companies and today we are going to talk about another very important area which is called the appointment and removal of key officials. Now when we are talking about key officials then again we are talking about the chief executive officer, we are talking about the chief financial officer and we are talking about the other chief officers which could be chief technology officer, chief information officer, chief human resource officer and chief marketing officer and many many more. So again the board is basically involved with the appointment terms and conditions and employability of all of these chief officers and especially the chief executive officer who is the most important official within a listed organization and also the very important posts are of the company secretary and the head of internal audit of a company. These are very important because they are the eyes and ears of the board and again they act as a buffer or a barrier between the management and the board and they have to ensure that the integrity of the particular company and also ensure that the chief executive officer does not go beyond the stipulations mentioned in his job description or those mentioned within the authority of implementation and execution. We look at the appointment and removal of both of these posts which is done with the board of directors and also we see that the removal of head of internal order should also be made with the approval of the board. So the chief executive officer cannot remove them and that basically gives them the independence by which they can execute their jobs and responsibility without any fear of repercussions or of appraisal by the CEO. The removal of the head of internal auditor should also be made upon by the chairman of the audit committee. The chief financial officer should at least have five years of experience handling financial and corporate affairs of listed companies and it would be much better that it is ten years plus but again this is the minimum stipulation and it is very important that the chief financial officer should have handled similar organizations in the best and most prudent way so that there can be no financial bunglings later on within that particular organization. The CFO can be a member of the recognized body of professional auditors and again the internal audit head should have at least five years of experience and can also be a member of different professional auditors and it is mandatory upon the CFO and company secretary to attend all company meetings. So what we see is that based upon this particular dimension the CFO and the company secretary are extremely pivotal in the operations of the particular organization and when we combine the CFO, the company secretary and the head of internal audit then they are the very backbone and the window for the board so that the key management or the chief officers do not tend to go beyond their responsibilities and they play their role in the best possible way and these three have to ensure that the company also follows the different stipulations of the laws and rules and regulations of the land and they become the eyes and ears of the board so that the board can then have a strategic overview of what is happening within the organization. Thank you so much.