Karachi: Vice Admiral (R) Iftikhar Ahmed Rao has been appointed as a Director on the Board of the Pakistan National Shipping Corporation (PNSC), according to an announcement made on July 21, 2026. The appointment comes as a result of a notification issued by the Ministry of Maritime Affairs, Government of Pakistan, under Notification No.1 (4)/2019-PNSC-0001 dated July 20, 2026.

Vice Admiral Rao's tenure on the board is set for a period of three years, aligning with the regulations stipulated in Section 14 (1) (f) of the PNSC Ordinance, 1979, as amended, and in accordance with the State-Owned Enterprises (SOEs) Act 2023. This development marks a significant change in the leadership of the corporation, which operates within the designated market category of maritime transport and logistics.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of Vice Admiral Rao's appointment is expected to impact the corporation's strategic direction and operational oversight, given his extensive experience and leadership background in maritime affairs.

The Pakistan National Shipping Corporation, a key player in the nation's maritime industry, is poised for potential strategic advancements under the guidance of its newly appointed director.