Shaharyar Khan, who heads the board, told reporters in Lahore that before September the selectors and the board will complete its homework on both issues.
"On September 16 we will have our Board of Governors meeting after which we will announce the national T20 captain and also the World Cup pool of players," Khan said.
Flamboyant all-rounder, Shahid Afridi is tipped to once again be named the T20 captain after Muhammad Hafeez stepped down this year after the T20 World Cup in Bangladesh.
"It was my personal decision and I took full responsibility for the team's performance," Hafeez said.
He also made it clear that he had not given up on the captaincy as he hoped to play for five more years for Pakistan.
But in the PCB corridors of power for the time being Hafeez is not being reconsidered for the captaincy and according to sources Afridi appears a strong bet because of his past experience as captain as well.
Shaharyar Khan also said that the BOG members would be taken into confidence on key decisions.
"I am a strong believer in continuity and stability in cricket matters. So any changes will be looked at after the World Cup next year," he added.
It is no secret that Khan is not in concurrence with some of the decisions taken by his predecessor, Najam Sethi like appointing a six member selection committee, giving Moin Khan the dual role of chief selector and manager and the heavy duty team management.
The pool of players could include some sidelined players like Shoaib Malik, Kamran Akmal, Muhammad Sami, Yasir Shah etc.
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