OPD Support Program

The OPD is registered under the Societies Act 1860 and governed by its constitution. The OPD’s Executive Council and Board of Directors is entrusted largely with the governance responsibilities. The Executive Council is comprised of 15 members while there are nine members of the Board of Directors excluding the CEO, who is a non-voting member of the Board of Directors. The Board is headed by a Chairperson and assisted by the General Secretary, Treasurer and two committees, i.e. the Finance and Audit Committee and the Human Resources Committee. Both committees are constituted to oversee financial and human resource matters and are headed by the chairperson and two members. The Board of Directors meets quarterly while both committees also meet quarterly and hold separate meetings. The board is gender balanced, comprising five men and four women. The list of the Board of Directors and the details of Audit Committee and HR Committee.

Since the OPD is going through an institutional development process and in the next quarter it will be transformed and rebranded as the OPD Support Program once the process of licensing and incorporation is completed under NBFC. Currently, Section 42 of the Companies Ordinance governs the OPD Support Program, implemented by the Securities and Exchange Commission of Pakistan (SECP). The ordinance requires a minimum of three directors/promoters to make up the Board of Directors, which direct and control the strategic process and direction of the organization and ensure that the OPD Support Program follows the principles related to transparency and accountability, the legal and regulatory environment, appropriate risk management measures, information flows and the responsibility of senior management and the board of directors. The board of the OPD Support Program consists of three directors/promoters, which will expand in the next 8 months by bringing in like-minded, supportive and willing professional members of society.