Northern Rock 2008, Ron Sandler was appointed Executive Chairman by the government. Gary Hoffman became Chief Executive of Northern Rock in October 2008. With the appointment of Gary Hoffman, Ron Sandler changed to a Non-Executive Chairman position. Since the split of the bank into Northern Rock plc and Northern Rock (Asset Management) plc on 1 January 2010, each company had its boards of directors. On 4 November 2010 Northern Rock announced that Gary Hoffman had left the bank and was to move to NBNK Investments as CEO. One of the stipulations of Hoffman's appointment at NBNK was that they could not table
Nationalisation in Pakistan shipping companies were merged with Pakistan National Shipping Corporation by Bhutto's nationalisation programme; those who protested were imprisoned by the government. At an international level, the United States fully opposed the nationalisation programme and marked it as "ill-considered" decision of the government. Former prime minister Nawaz Sharif, an affectee of nationalisation process, gave vehement criticism and cited nationalisation programme as "lamentable state of Pakistan". While on the other hand, the unnamed and anonymous United States embassy officer later further noted that: The Pakistan Peoples Party's intellectuals on the other hand, vigorously defended the nationalisation programme. The Peoples Party maintained that