Author: Khalil Ahmed

Political stability and incentives key to attracting foreign oil investment in Pakistan Interview with Mr. Kalim A. Siddiqui — former managing director, Pakistan State Oil PAGE: Tell me something about yourself, please: Kalim A. Siddiqui: I am a former Managing Director of Pakistan State Oil and former President of Byco Petroleum. I am holding a Bachelor in Chemical Engineering from University of Bradford in England (UK) and a Masters in Chemistry from Karachi University, has broad-based, global experience by working in USA, UK, Australia, Vietnam and Pakistan for over 36 years. I am an enthusiastic and highly accomplished Executive with 36…

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The rate reduction fuels optimism, but high car prices, stringent financing rules, and inflation still curb demand New investments propel Pakistan’s auto industry towards sustainability and electric vehicle leadership Interview with Mr. Shaham Ahmad  — Honorary Secretary, ICMA Pakistan PAGE: Tell me something about yourself, please. Shaham Ahmad: I am a Fellow member of ICMA and a member of the current National Council of the Institute for the three-year term from 2024 to 2026. The Council has nominated me as the ‘Honorary Secretary’ of the Institute in which capacity I am responsible to look after those affairs of the Institute…

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New energy resources should be the ultimate growth strategy, says Majyd Aziz Pakistan’s shale oil reserves exceed 9 billion barrels, offering huge economic potential Rising oil imports push Pakistan’s energy bill to $18 billion, projected to hit $30 billion Interview with Mr. Majyd Aziz — former president of (UN) Global Compact Network Pakistan PAGE: Tell me something about yourself, please: Majyd Aziz: I am an industrialist and businessman. I am Former President of (UN) Global Compact Network Pakistan, Employers Federation of Pakistan, South Asian Forum of Employers, and Karachi Chamber of Commerce and Industry, Former Chairman of SITE Association of Industry,…

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Taxation on energy sector a barrier to investment and innovation Interview with Mr. Azeem Hussain Siddiqui – FCA, FCMA, FCIS PAGE: Tell me something about yourself, please: Azeem Hussain Siddiqui: I am a fellow member of Institute of Cost and Management Accountants of Pakistan (ICMA), Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Corporate Secretaries of Pakistan. Currently, I am Partner at Naveed Zafar Ashfaq Jaffery & Co. Chartered Accountants. I am an elected member of the National Council of ICMA and am currently Chairman of its National CPD Committee. I am also a member of the South…

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Investors can boost Niger’s agro-processing potential by strategic investments in agriculture, energy and mining to drive long-term prosperity Interview with Dr. Ahmed Ali Sirohey — Ambassador of Pakistan Embassy Niamey, Niger Profile: Dr. Ahmed Ali Sirohey assumed charge as the Ambassador of Pakistan Embassy Niamey, Niger on 17th February, 2020. Prior to Parep Niamey, Ambassador Sirohey was serving as Counsellor/Deputy High Commissioner Brunei from 2015 to February, 2020. He also served in Nigeria, Yemen, Jeddah and Baghdad. Ambassador Sirohey has extensive experience of working on both bilateral and multilateral issues. His commitment to economic diplomacy goes beyond routine diplomatic functions; he…

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Digital advancements transforming microfinance, expanding access to financial services and improving transaction efficiency Interview with Mr. Rehan Ahmed Yousfi — Senior Regional General Manager, Faysal Bank PAGE: Tell me something about yourself, please: Rehan Ahmed Yousfi: I have completed my masters programs in Islamic banking and finance from Karachi university, BSc. honors in economics, maths and statistics from Karachi university. Currently, I am working in the capacity of Senior Regional General Manager in Faysal Bank which is the second largest Islamic bank in Pakistan. I have gotten more than 20 years of diversified experience in banking sector. PAGE: What is your…

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Shaping the future, House of Professionals leads human capital transformation in Pakistan Stock market gains reflect progress, yet economic competitiveness issues loom large Interview with Mr Zia Ul Mustafa — President, House of Professionals PAGE: Tell me something about yourself, please: Zia Ul Mustafa: I am a management professional and corporate leader with over 25 years of experience across diverse industries. My areas of expertise include organisational development, strategy, operations, project management, financial stewardship, risk management, and corporate governance. I hold several prestigious qualifications, including being a Chartered Management Accountant (ICMA Pakistan), a Certified Management Accountant (IMA USA), a Fellow…

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Pakistan’s microfinance sector needs strategic vision and effective governance to maximise its growth potential and societal impact Interview with Mr Hamad Rasool Bhullar — an analyst  PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: Basically, I am humble learner in business and financial analysis. I have been working for both the private and public sectors over the last about 33 years in multiple roles with almost 28 years in professional training and teaching in multiple areas of finance, accounting, audit & compliance with corporate legal issues. With respect to my work with the financial sector, I have been involved…

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Boosting exports in agriculture, IT and renewable energy will help Pakistan reduce its trade deficit with Saudi Arabia Interview with Senator Saleem Mandviwalla PAGE: Tell me something about yourself, please: Senator Saleem Mandviwalla: I have been serving as a member of the Senate of Pakistan since 2015. Over the years, I have had the honour of holding several positions, including Minister of Finance, Chairman Board of Investment, Deputy Chairman of the Senate and Chairman of the Senate Standing Committee on Finance, Revenue, and Economic Affairs. My focus has always been on advancing Pakistan’s economic policies, enhancing transparency, and promoting fiscal…

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Saudi Arabia’s $5 billion commitment and focus on renewable energy, mining, and IT aligns with Pakistan’s growing market of 240 million consumers ·Interview with Mr. Hakim Ali Jatoi — Director, Brick & Wire (Private) Limited PAGE: Tell me something about yourself, please: Hakim Ali Jatoi: Born in District Kamber-Shahdadkot, Sindh, I received my early education in the same city before relocating to Karachi for middle and higher education. I hold the distinguished title of Fellow Member at the Institute of Cost & Management Accountants of Pakistan, complemented by qualifications in LLB and an MS in Management Sciences. I am Chief Executive of…

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Investments in renewable energy and technology can diversify Pakistan’s economy, reduce energy reliance and foster sustainable growth Interview with Mr. Muhammad Ovais — management professional PAGE: Tell me something about yourself, please: Muhammad Ovais: I am a result-oriented management professional with a robust foundation in psychology and technology, boasting a proven track record of driving impactful outcomes across diverse industries. Over the span of three decades, I have consistently taken on multifaceted roles and delivered on project objectives, ensuring the utmost satisfaction of stakeholders. Throughout this journey, I have not only contributed to organisations’ success but have also been an…

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Boosting non-oil trade and creating secure, investor-friendly environment key to unlocking greater Saudi contributions Interview with Mr. Rafiq Rangoonwala — a renowned businessman  PAGE: Tell me something about yourself, please: Rafiq Rangoonwala: I started my career from Houston, Texas in 1980 with KFC, USA. I am former CEO of Quick Food Industry (Mon Salwa). I am doing freelancing now. I have extensive experience of over 40 years in creating, building and leading key Fast Food Brands in Pakistan and across the globe including, KFC, Burger King, TGIF, Hardees, Pizza Hut, Wendy’s and Harry Ramsden, etc. Currently, I am on the…

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The next five years offer potential for significant returns, particularly in sectors aligned with the country’s evolving economic, social landscape Interview with Mr. Nadeem Ahmed — CEO, Realancer PAGE: Tell me something about yourself, please. Nadeem Ahmed: I am a seasoned real estate and construction expert with over a decade of experience in the industry, primarily focused on Karachi, Pakistan. As the CEO of Realancer, a real estate, marketing, and construction company operating in Bahria Town Karachi, I have had the privilege of leading innovative projects that cater to the evolving needs of our market. My career spans over 24…

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Real estate, cement, fertiliser, E&P and auto sectors are poised to show increased earnings growth in the near future Long-term valuations look promising; consult experts and assess holding power before making significant investments Interview with Syed Ali Raza Bukhari — Founder, Rukab Technologies PAGE: Tell me something about yourself, please: Syed Ali Raza Bukhari: I have been associated with the financial services sector for more than two decades now spreading my experience into a diversified landscape of multiple domains like investment and financial advisory, distribution, marketing and sales, specialised product development, stock brokerage and operations. I have also ventured into the technology business, creating…

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Infrastructure, agriculture and technology leading the charge for foreign and local investment Interview with Mr. Khalid Tawab — Chairman, Tawab Group of Companies PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of the Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I was awarded the Sitara-e-Imtiaz by…

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Technology, agritech, energy infrastructure and urban development offer lucrative opportunities in large emerging market In the next five years, Pakistan’s diverse investment prospects in technology and infrastructure will reward informed, adaptive investors Interview with Mr. Azeem Hussain Siddiqui – FCA, FCMA, FCIS PAGE: Tell me something about yourself: Azeem Hussain Siddiqui: I am a Fellow Member of the Institute of Cost & Management Accountants and the Institute of Chartered Accountants of Pakistan (ICAP). Currently, working as a Partner at Naveed Zafar Ashfaq Jaffery & Co. Chartered Accountants. Previously have served KPMG Taseer Hadi & Co. Chartered Accountants.  Remained Chairman of…

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National songs, flag-raising ceremonies and community activities emphasise Islamic principles of independence and sacrifice Interview with Mr. Adnan Ghaffar — Principal at The Aura School PAGE: Tell me something about yourself and your school, please: Adnan Ghaffar: I work as the Principal at The Aura School, which provides education from preschool to matriculation. I have over 20 years of teaching experience, including teaching at the matriculation and intermediate levels, as well as over 18 years of experience at the graduate and undergraduate levels. PAGE: How and where do you celebrate Pakistan’s Independence Day? Adnan Ghaffar: I usually celebrate Independence Day at my…

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LRBT marks Independence Day with flag hoisting and tree plantation drive Interview with Dr. Malik Ahmed Saeed — (Lt Col Retd), Administrative Superintendent LRBT Hospital, Korangi Karachi PAGE: Tell me something about yourself, please: Dr Malik Ahmed Saeed: I’m proud to be both an Iqbalian and a Ravian, having attended the esteemed Government College, Lahore (now University), founded in 1864. I earned my MBBS from the Prestigious King Edward Medical University, Lahore, the oldest college in Pakistan (1860) and sixth oldest Medical School in South Asia. My journey then led me to serve in the Army Medical Corps for 21 years,…

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Celebrating Pakistan’s freedom through heartfelt performances, community contributions, and cultural exhibitions Interview with Dr. Asiya Saif Alvi — a dynamic political analyst Profile:  Dr. Asiya Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College Lahore for her MPhil in the political science department. Meanwhile, she quit her job at college and started working at the Virtual University of Pakistan in 2009. After doing…

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With a love for traditional dishes and national songs, the community seeks larger events and greater embassy involvement to boost participation Interview with Mr Zaheer Ahmed — UAE-based Pakistani  PAGE: Tell me something about yourself, please: Zaheer Ahmed:  I am an overseas Pakistani, living in the UAE for last 12 years. I am an Aircraft Engineer. PAGE: How long have you been living abroad and how and where do you celebrate Pakistan’s Independence Day? Zaheer Ahmed:  We do go to Pakistan Association Dubai or Pakistan Culture Centre to celebrate the Independence Day. PAGE: What questions do your kids ask you about Pakistan and its…

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Collaborative efforts, community support, and targeted reforms can help build more resilient system in the country LRBT offers accessible, high-quality eye care through free or subsidised services, charitable funding and efficient operations Interview with Dr. Malik Ahmed Saeed (Lt Col Retd) — Administrative Superintendent, LRBT Hospital Korangi, Karachi PAGE: Tell me something about yourself, please: Dr. Malik Ahmed Saeed: I’m proud to be both an Iqbalian and a Ravian, having attended the esteemed Government College, Lahore (now University), founded in 1864. I earned my MBBS from the Prestigious King Edward Medical University, Lahore, the oldest college in Pakistan(1860) and sixth…

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IT sector thrives on strong foundations, modernisation and along govt, top universities support bolster exports and global rankings ILMA University advances tech education, integrating industry skills, enhancing Pakistan’s global IT competitiveness Interview with Syed Kashif Rafi — Registrar and Director, International Linkages & Opportunities, ILMA University PAGE: Tell me something about yourself, please: Syed Kashif Rafi: For the past more than two and a half decades, I have built a diverse career, holding various leadership positions in multiple industries. At ILMA University, I am serving as Registrar and Director of International Linkages & Opportunities. I also hold significant roles in other…

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From standards to skills: ICMA’s commitment to advancing Pakistan’s finance education Learning from neighboring successes help elevate local educational outcomes Interview with Mr. Aamir Ijaz Khan — Executive Director, ICMA Pakistan PAGE: Tell me something about yourself, please: Aamir Ijaz Khan: I am a Chartered Management Accountant with Fellow Membership of the Institute of Cost and Management Accountants of Pakistan. Currently, I am working as the Executive Director, ICMA Pakistan. Prior to this role, I worked for Sui Northern Gas Pipelines Limited (SNGPL) and the World Bank funded project “Project to Improve Financial Reporting & Auditing” (PIFRA). I am an SAP, FI/CO…

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The country must invest in education and partnerships to improve standards and embrace global best practices Interview with Mr. Mustafa Mirchawala — CEO of Mirchawala’s Hub of Accountancy PAGE: Tell me something about yourself, please: Mustafa Mirchawala: I am an ACCA member and the CEO of Mirchawala’s Hub of Accountancy, a leading institution in Pakistan dedicated to youth development through quality education. With over 20 years of experience in IFRS, Financial Management, and Taxation, I have had the privilege of educating more than 50,000 aspiring professionals. I regularly speak at top business schools and corporate events, simplifying complex concepts for…

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As digital natives, young people are adept at using new technologies Prestigious certification of Tabani’s School of Accountancy is a rare accolade from ACCA worldwide Interview with Mr. Farhan Saeed — a renowned faculty member  PAGE: Tell me something about yourself, please: Farhan Saeed: I am an educationist by profession; have invested over 36 years in the field of education as both a lead faculty of management accountancy besides being a key management person in the leading institutes of Karachi offering professional qualifications like ACCA-UK, CIMA-UK, CA-ICAP and CMA-ICMAP. Alhamdulillah, I have taught over 3,000 students since 1999 of which most…

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Fruit and Vegetable Exporters oppose new tax proposal While giving details to Pakistan & Gulf Economist,  Mr. Waheed Ahmed, Patron-in-Chief of the Pakistan Fruit and Vegetable Exporters Association said, ‘The Federal Government has proposed to levy 29% tax on export earnings in the financial year budget 2024-25 instead of full and final withholding tax of 1% under the fixed tax regime. The Pakistan Fruit and Vegetable Exporters Association strongly rejects this proposal and warns the Federal Government that putting the exports under the normal tax regime by abolishing the fixed tax regime will have a very serious impact on the…

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Significant investments from China, EIB and USAID propel Pakistan towards its renewable energy goals Political will, public-private partnerships, and more foreign investments are key to the energy transition Interview with Muhammad Khalid — an analyst Profile: Muhammad Khalid is a security, management and education professional who is equipped with over 30 years of diversified international work experience including the energy sector. He is a humble researcher, a thinking mind and is educated till M.Phil. He loves adventure and have climbed up to 7,000 meters high peaks in Pakistan and Turkiye. His other interests include tracking, reading, sightseeing, preserving nature and long…

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The country’s renewable energy sector is poised for a bright future, promising energy security and sustainability Local and foreign investments power Pakistan’s renewable energy boom Interview with Ms. Rozina Muzammil — Chief Human Resource Officer, The Institute of Bankers Pakistan PAGE: Tell me something about yourself, please. Rozina Muzammil: With over two decades of diversified experience at the executive level, I have had the privilege of working in various capacities across human resource management, corporate governance, teaching & training, auditing, finance, costing, and budgeting. My career has been marked by leadership roles such as General Manager of Finance in the FMCG…

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Ensuring continuity must for Pakistan’s renewable energy success Bridging energy gaps with local investments, foreign partnerships, and accessible solutions for all Interview with Mr. Altaf Hussain — an analyst  PAGE: How would you comment on the progress of the alternate energy sector in Pakistan? Altaf Hussain: Wind, solar and biogas are the alternate energy sources. The energy sector of Pakistan is in many crises and facing many challenges and financial rationing. Pakistan depends mostly on hydropower to fulfill its needs. Not only the increase in population but also the new technological changes and modern ways of work have compelled countries to…

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Interview with Mr. Zia Ul Mustafa Awan — President, House of Professionals Inc and chairman, Strategic Board ICMA Pakistan Profile: Mr Zia Ul Mustafa Awan is a Chartered Management Accountant from ICMA Pakistan with more than 25 years of experience in corporate and public sector in leading positions. He is the President of House of Professionals Inc. and the Chairman of the Strategic Board of ICMA Pakistan. Previously, he was CFO and Business Administrator of Pakistan Expo Centres Private Limited and was awarded for his work by Prime Minister of Pakistan at the inauguration of Expo Centre Lahore. During his tenure…

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Interview with Mr. Nasim Beg — CEO, Arif Habib Consultancy (Private) Limited Profile: Mr. Nasim Beg qualified as a Chartered Accountant in 1970 and over the decades has had experience in manufacturing, as well as in financial services, both within and outside the country. He joined the Arif Habib Group in the year 2000 to conceive and set up an Asset Management Company, which has recently been sold to MCB. He is currently on the Boards of several Atif Habib Group companies. His initiation into the financial services business was with the Abu Dhabi Investment Company, UAE, where he was a part of…

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Driving economic growth and social welfare sectors like exports, banking, IT, agriculture, pharmaceuticals, education and energy likely to benefit Interview with Mohammad Iqbal Ghori — former president, ICMAP; former CFO, FESCO and former DG Finance, PEPCO Profile: With a distinguished career exceeding three decades, Mohammad Iqbal Ghori has made significant contributions both to the public and private sectors of Pakistan, marking the commencement of his impactful journey in the early 1990s. His notable tenure in public sector regulatory bodies, especially his transformative leadership at Faisalabad Electric Supply Company Limited (FESCO) and his subsequent role as Director General of Performance Monitoring at Pakistan Electric Power…

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Strategic reforms help country propel towards growth and prosperity Six priorities that could extricate Pakistan from the quagmire of despondency, disaster and depression Interview with Mr. Majyd Aziz — a renowned businessman PAGE: Please tell us something about yourself? Majyd Aziz: I am Former President of Karachi Chamber of Commerce and Industry, Employers’ Federation of Pakistan, South Asian Forum of Employers, (UN) Global Compact Network Pakistan, and Former Chairman of SITE Association of Industry. I am Former Member of Board of Directors of the government-owned Zarai Taraqiati Bank Limited and Former Chairman of the government-owned SME Bank Limited. I am President…

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Mr. Waheed Ahmed, the Patron–in- Chief of All Pakistan Fruit and Vegetable Exporters Association shared his views with PAKISTAN & GULF ECONOMIST on effects of climate change on mango production. Excepts are as follows: The target of mango export has been reduced from last year to 100,000 metric tonnes. The All Pakistan Fruit and Vegetable Exporters Association has set a target of 100,000 metric tonnes of mango exports the current mango season. Along with the traditional markets, the focus will be on the value-added market of China, America, Turkiye and Japan. Iran, Afghanistan and Central Asian states would also play…

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Farmers fight plummeting prices and procurement hurdles Tech investment, more partnerships likely boost Sindh’s agriculture Interview with Mr. Hakim Ali Jatoi — Chief Executive, Hakim Agri Farms PAGE: Tell me something about yourself, please: Hakim Ali Jatoi: Born in District Kamber-Shahdadkot, Sindh, I received my early education in the same city before relocating to Karachi for middle and higher education. I hold the distinguished title of Fellow Member at the Institute of Cost & Management Accountants of Pakistan, complemented by qualifications in LLB and an MS in Management Sciences. I am Chief Executive of Hakim Agri Farms and a Director…

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More competitive and innovative environment enable food sector thrive in global market Interview with Mr. Rafiq Rangoonwala — Food Industry expert PAGE: Tell me something about yourself, please: Rafiq Rangoonwala: I started my career from Houston, Texas in 1980 with KFC, USA. I am former CEO of Quick Food Industry (Mon Salwa). I am doing freelancing now. I have extensive experience of over 40 years in creating, building and leading key Fast Food Brands in Pakistan and across the globe including, KFC, Burger King, TGIF, Hardees, Pizza Hut, Wendy’s and Harry Ramsden, etc. Currently, I am on the Advisory Board…

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Continuous challenges plaguing Pakistan’s agriculture sector Interview with Syed Nadeem Shah — a progressive farmer  PAGE: Tell me something about yourself, please: Syed Nadeem Shah: I have done my BSC(HONS) DBS, MBA. I have been looking after my agriculture farms for preceding fifty years. I grow cotton, wheat, rice, onion, sugarcane etc besides mangoes, lemon, banana. Now, I am trying to promote oil seed production to reduce the import bill of edible oil for country. I represent farmers at federal and provincial level in different committees PAGE: How would you comment on the wheat crop this year and price mechanism? Syed Nadeem…

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Meezan Bank remains committed to serving the nation through the best Islamic practices Leads green energy transformation with over 5,700Kw of solar capacity installed Interview with Syed Iftikhar ul Haq — Group Head of Consumer Finance at Meezan Bank PAGE: Tell me something about yourself, please: Syed Iftikhar ul Haq: As the Group Head of Consumer Finance at Meezan Bank, I lead various business units, including Cards, Alliances, Acquiring, Autos, House Finance, Solar Energy, Labbaik, and Consumer Ease. I bring diversified and extensive experience in consumer banking from various multinational and Pakistani banks, such as Citi Bank, UBL, DIB, and Faysal Bank,…

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Strategies to boost consumer financing amid financial incentives, streamlined processes, and educational campaigns to make solar energy accessible and affordable for all Effort between policymakers, industry players, and financial institutions can drive the transition towards a more sustainable energy future Interview with Mr. Khalid Jamil Ansari — Solar Energy Expert PAGE: Tell me something about yourself, please: Khalid Jamil Ansari: With over 35 years of experience in the finance industry, I bring a diverse skill set encompassing Human Resource Management, Banking, Marketing, Administration, Academics, and practical applications. My professional expertise spans project appraisal, human resource management, training and development, general administration,…

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Country’s real estate market presents potential long-term growth benefits Initiative for solar financing a sigh of relief for citizens Interview with Ms. Natasha Haseeb — an analyst  PAGE: Tell me something about yourself, please: Natasha Haseeb: I am an Anchor working at Pakistan Television News. I have done my MPhil in Political Science from the University of Karachi and about my professional life I am conducting a business show named ‘Baat Karobar Ki’, which includes different aspects of businesses, investments, economy, and stock market of the country as well as internationally, with different segments and making it interesting day by…

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Auto industries must provide competitive price and easy, clear plans Govt must introduce financing or lease system to encourage consumer financing in solar energy Interview with Mr. Altaf Hussain — a dynamic young professional Profile: Altaf Hussain is a dynamic young professional working for public sector. He is a Cost and Management Accountant from Quetta. PAGE: What is your take on consumer financing these days? Altaf Hussain: Consumer financing refers to the process of providing credit or financial assistance to individuals or households to purchase goods or services. This can be done through various means, such as credit cards, personal loans, installment…

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State-run health insurance plans enhance healthcare access, mitigate financial barriers and foster improved health outcomes for beneficiaries Innovative solutions help microinsurance, livestock protection and disaster resilience Interview with Dr. Syed Arif Hussain — CEO, Alpha Insurance Company Limited Profile: Dr. Syed Arif Hussain, Chief Executive Officer Alpha Insurance Company Limited, is a highly motivated individual. His expertise are in management, resource development, marketing, and execution of business strategies. His professional experience is spread over 25 years in progressive senior-level positions and has experience in underwriting, reinsurance, claims management, and marketing with the State Life Insurance Corporation of Pakistan, Dawood Family Takaful Limited, East…

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Building trust, bridging gaps and fostering stability for sustainable growth State-run health insurance plans hold invaluable potential benefits Interview with Muhammad Nasir Ali Syed — Executive Director Operations, 5th Pillar Family Takaful Limited  Profile: Muhammad Nasir Ali Syed is an accomplished executive with over thirty years of experience in the Takaful (Islamic insurance) and insurance sectors. He currently serves as the Executive Director Operations at 5th Pillar Family Takaful Limited. Muhammad is known for his outstanding leadership and strategic skills, and he has played a key role in the growth and innovation of several top-tier firms in the industry. Throughout his…

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Need to enhance financial security and economic resilience through comprehensive coverage and innovative solutions State-run health insurance programmes play a pivotal role in providing healthcare access and financial protection for citizens Interview with Syeda Nuzhat Afreen — CEO, Damsel Consulting and Damsel Surveyors (Private) Limited PAGE: Tell me something about yourself, please: Syeda Nuzhat Afreen: I have done MA Philosophy, M.Phil and doing PhD in Rule of Law in Pakistan. Currently I am working as CEO Damsel Consulting , and Damsel Surveyors (Private) Limited. I have around 15 years of experience of corporate sector. PAGE: What is your standpoint about health, life, auto…

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Mehran Spice & Food Industries: Elevating culinary excellence and global presence Interview with Mr. Gul Muhammad Lot — Chairman, Mehran Spice & Food Industries PAGE: Tell me something about yourself, please: Gul Muhammad Lot: I inherited a rich legacy in the food industry from my late father, Ghullam Muhammad Lot. My journey into the business world began in the 1980s after completing my Bachelor’s degree. Later, I pursued a Master’s in political science from the University of Sindh, Hyderabad. Driven by a deep-seated commitment to national service, I transitioned into politics, eventually serving in the Senate in 2015. Concurrently, I assumed…

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Balancing regulation and profitability, the dynamics of Pakistan’s petroleum industry CCP stands as a stalwart defender of consumer interests, ensuring equitable market conditions Changes in policies related to energy efficiency, transportation infrastructure and renewable energy can also impact demand for petroleum products Interview with Mr. Ahmed Chinoy — Managing Partner of Arch Group PAGE: Tell me something about yourself, please: Ahmed Chinoy: I am the Managing Partner of Arch Group and a businessman by profession. My expertise revolves around the fields of textiles, real estate, security investments and poultry businesses. With over thirty years of experience, I have been acknowledged for…

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Margins, competition, regulatory challenges, economic impacts, trade dynamics and energy security need to be managed properly Interview with Mr. Khalid Tawab — Chairman, Tawab Group of Companies PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of the Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I was awarded…

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Regulatory adherence, consumer interests, and market dynamics remains a key challenge in Pakistan’s petroleum sector Interview with Mr. Zafar Iqbal — Chairman, SAI Group PAGE: Tell me something about yourself, please: Zafar Iqbal: I am Chairman of SAI Group / SAI Institute of Studies / SAI Company (Pvt) Limited. I have been associated with the oil & gas sector for more than fifty years. I am the Founder President of the Defence Residents Society, Founder President of SAMEA, Founder of Bazm-e-Kiran and President of the Society for Promotion of Arabic. I have traveled to more than 25 countries and attended hundreds…

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 Small OMCs not only survive but thrive to lead the way in the oil sector Need to understand factors influencing import and consumption trends Potential fallout of an Iran-Israel conflict on the world oil market Interview with Syed Ali Abbas Abidi — an analyst PAGE: Tell me something about yourself, please: Syed Ali Abbas Abidi: I am a professional with expertise spanning various fields, including accounting, academia, law, sociology, anthropology, philosophy, criminology, economics, and content writing. I hold esteemed certifications such as Certified Public Accountant (CPA), Certified Internal Control Auditor (CICA), and Forensic Professional from the USA. Additionally, I have earned…

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 Targeted policy interventions can effectively unleash the true growth potential of Islamic finance in Pakistan, promoting financial inclusion and ethical financial practices across the nation Interview with Mohammad Shoaib, CFA, Chief Executive Officer – Al Meezan Investment Management Limited Profile: Mohammad Shoaib has been the founding CEO of Al Meezan Investment Management Ltd, which is the largest Asset Management Company in Pakistan. His journey spans from setting up Pakistan’s First Shariah Compliant Asset Management Company in Pakistan about 29 years ago in 1995 to making it the largest AMC in the industry with funds under management of over PKR 460…

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 The Islamic financial services sector in Pakistan remains relatively small compared to the broader market Need for more policy incentives plus education of the masses in banking Interview with Miss Tara Uzra Dawood — Chief Executive Officer, LADIESFUND Profile: Miss Tara Uzra Dawood, CEO of LADIESFUND, has spearheaded initiatives that have trained 12,000 women entrepreneurs. Additionally, the organisation provides vocational training to girls, focusing on communication skills and learning the basic areas. Miss Dawood’s overarching goal is to expand this mission nationwide, with recent launches in Badin and Sanghar showcasing her commitment to scaling impact across Pakistan. She is also…

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Efforts needed to overcome challenges and uphold integrity for sustainable economic growth Interview with Mr Hamad Rasool Bhullar — an analyst  PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: Basically, I am a humble learner in business and financial analysis, I have been working for both the private and public sectors over the last about 33 years in multiple roles with almost 28 years in professional training and teaching in multiple areas of finance, accounting, audit & compliance with corporate legal issues. With respect to my work with the financial sector, I have been involved in research and training…

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 The country needs to overcome challenges and chart a path to sustainable growth Govt initiatives play a vital role in propelling the expansion of Islamic finance  Interview with Mr. Tariq Hussain — an analyst PAGE: Tell me something about yourself, please: Tariq Hussain: I am a Fellow of Cost & Management Accountants. My qualification details are: FCMA. FCIS, FPFA, MA(Eco) MBA. M.Phil. (Eco) besides that I have about 29 years of experience of working with corporate sector and also knows Corporate Laws, Taxation and being an Insurance Expert. PAGE: What is your perspective about the fast-growing Islamic financial services in Pakistan?…

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Empowering communities, healing lives: The Indus Hospital & Health Network’s holistic caring approach IHHN committed from preventive care to specialised treatment, innovating for a healthier Pakistan Interview with Dr Abdul Bari Khan — Founding President of Indus Hospital & Health Network  PAGE: Tell me something about yourself and Indus Hospital & Health Network, please: Dr. Abdul Bari Khan: I am privileged to have served as the CEO of the then Indus Hospital and now honored to hold the position of Founding President of today’s Indus Hospital & Health Network. Born in Karachi to a family originally from Peshawar, I am fortunate…

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LRBT’s journey of hope and healing continues through a wide-ranging network Over 55 million patients treated with over 5.3 million major and minor surgeries free of cost this year Interview with Dr Malik Ahmed Saeed (Lt Col Retd) — Administrative Superintendent, LRBT Korangi Hospital PAGE: Tell me something about yourself, please: Dr Malik Ahmed Saeed: Education: An Iqbalian and Ravian. Alumni of prestigious Government College, Lahore. MBBS from King Edward Medical College Lahore. Military Service: Served in the Army Medical Corps for 21 years. After serving at different installations and hospitals in Army including Siachen and 4 years in Northern Areas…

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In the quest to fortify economy, a multifaceted strategy is imperative Interview with Mr Adnan Ghaffar — Principal of The Aura School PAGE: Tell me something about yourself: Adnan Ghaffar: My name is Adnan Ghaffar. I work as the Principal at The Aura School, which provides education from preschool to matriculation. I have over 20 years of teaching experience, including teaching at the matriculation and intermediate levels, as well as over 18 years of experience at the graduate and undergraduate levels. PAGE: What is your perspective about Pakistan Day celebrations? Adnan Ghaffar: In my perspective, the 23rd of March, or Pakistan Day, must…

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Time for Pakistanis to unite in celebrating their identity and envisioning a brighter future Interview with Dr. Asiya Saif Alvi — a dynamic young political analyst Profile: Dr. Asiya Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College Lahore for her MPhil in the political science department. Meanwhile, she quit her job at college and started working at the Virtual University of Pakistan in…

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Collaborative efforts and smart planning will help empower human potential for a brighter Pakistan Interview with Syed Kashif Rafi — Chief Strategy Officer and Managing Partner at Tarbiyat  PAGE: Tell me something about yourself, please: Syed Kashif Rafi: For the past two decades, I’ve built a diverse career, holding various leadership positions, including Registrar and Director of International Linkages & Opportunities at ILMA University, Chief of Strategy & Marketing, Rapido, and Chief Strategy Officer & Managing Partner at Tarbiyat. This versatility has allowed me to contribute across academia, marketing, personal branding, entrepreneurship, and business strategy. I joined as Advisor, Harvard Business…

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The country still struggling to overcome the pandemic fallout to flood devastation Drastic revolutionary steps are required to curtail govt expenditure Interview with Mr. Kaukab Iqbal — Founding Chairman, Consumers Association of Pakistan Profile: Mr. Kaukab Iqbal is the founding Chairman of Consumers Association of Pakistan, one of the largest NGO of Pakistan working for providing awareness among masses regarding consumers rights and their protection. Since its inception on 13th September 2003, he has been trying to bring all Pakistanis under the umbrella of Consumer Association of Pakistan for developing effective consumers’ culture. He feels proud to inform us that…

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There is a dire need to skill, upskill and reskill the workforce Interview with Mr. Majyd Aziz — Former President of (UN) Global Compact Network Pakistan PAGE: Tell me something about yourself, please: Majyd Aziz: I am an industrialist and businessman. I am a Former President of (UN) Global Compact Network Pakistan, Employers Federation of Pakistan, South Asian Forum of Employers, and Karachi Chamber of Commerce and Industry, Former Chairman of SITE Association of Industry, and Former Member Board of Directors of Zarai Taraqiati Bank Ltd, KESC, and SITE Limited. I was Chairman of Board of Directors of SME Bank Limited.…

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Adopt Islamic valuable guides in addressing poverty and inequality Prioritising education and skill development is paramount Concerted efforts from all sectors can help the country embark on a recovery path Interview with Muhammad Farooq Afzal — Founder President of Pakistan Turkiye Business Forum Profile: Muhammad Farooq Afzal is a dynamic and profound professional in the realm of Textiles, Information Technology, Business Consultancy, Tourism, and Event Management. He has been pursuing his entrepreneurial ambitions for the last 22 years, locally and internationally. He has been playing an instrumental role in promoting trade and business ties between Pakistan and other countries since…

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PSL is a unique platform for younger players to showcase talent and adaptability to the fast-paced nature of T20 cricket Interview with Mr. Shahzad Khan, Broadcast Journalist Profile: Mr Shahzad Khan is one the most revered broadcast journalists in Pakistan. Being a broadcast journalist and anchor, he has made an immense contribution to the realm of the media landscape. He has been working with numerous TV channels in Pakistan.  PAGE: This season is the ninth season of The Pakistan Super League (PSL), which makes it a veteran among T20 franchise leagues. What is your perspective? Shahzad Khan: PSL has been a…

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 PSL certainly carved out its own niche and established itself as a premier cricket league in its own right Interview with Mr. Abdul Wasey Khan — a cricket enthusiast PAGE: Tell me something about yourself, please: Abdul Wasey Khan: I’m an internal auditor by profession, working as Head of Internal Audit, in a listed company. I am a former honorary secretary and Vice President of ICMA International. I am passionate about cricket.  PAGE: This season is the ninth season of the Pakistan Super League (PSL), which makes it a veteran among T20 franchise leagues. What is your perspective? Abdul Wasey Khan: No…

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The event has become synonymous with high-quality cricket entertainment Interview with Muhammad Hassan Durrani — an analyst  Profile: Muhammad Hassan Durrani is a young, energetic individual working as a Data Analyst in a software house. He possesses a combination of analytical skills, technical proficiency, and a passion for harnessing data to drive insights and decision-making. His role involves delving into datasets, identifying patterns, and extracting valuable information to help businesses make informed choices and optimize their operations. PAKISTAN & GULF ECONOMIST had a conversation with Muhammad Hassan Durrani about the Pakistan Super League. Following are the excerpts of the conversation: The…

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Interview with Mr. Kashif Manzoor Alvi — an analyst  PAGE: Tell me something about yourself, please: Kashif Manzoor Alvi: My professional journey began in 2008 during which I was involved in a project led by the Government of Punjab, with NESPAK providing consultancy services. Subsequently, I became a part of the Sui Northern Gas Housing Society in Lahore. At present, I work in the Human Resource Management department of the University of Lahore. PAGE: What is your perspective about the ninth season of The Pakistan Super League (PSL)? Kashif Manzoor Alvi: The ninth season of the Pakistan Super League (PSL) underscores its…

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Digital banking dynamics empowering customers through technological integration Interview with Mr. Faizur Rehman — Group Head of Information Technology Meezan Bank Profile: Mr. Faizur Rehman is an IT professional with a business smarts attitude, the ability to manage technology and deliver solutions that add value to the bottom line of the organisation. Dynamic and accomplished Information Technology professional with more than 30 years of experience in Information Technology. Faiz ur Rehman is an MBA with bi-majors in Operations Management and Finance. He is also amongst the very few Certified Software Quality Professionals in Pakistan. He brings with him versatile experience…

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Technology in banking driving customer satisfaction, operational efficiency and growth opportunities The banking industry must overcome challenges in integrating new technologies with existing system Interview with Mr Khalid Tawab — Chairman, Tawab Group of Companies PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of the Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition…

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Technology adoption helps bolster confidence and steer businesses toward success Interview with Ms. Natasha Haseeb — an analyst PAGE: Tell me something about yourself, please: Natasha Haseeb: I am an Anchor working at Pakistan Television News. I have done my MPhil in Political Science from the University of Karachi and about my professional life I am conducting a business show named “Baat Karobar Ki” which includes the different aspects of businesses, investments, economy, and stock market of the country and internationally, with different segments and making it interesting day-by-day because of the quality of content, participants we invite and the authenticity…

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 The rise of digital financial services leads the way with global implications Interview with Mr. Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I have been working for both the private and public sectors over the last about 32 years in multiple roles with almost 27 years in professional training. With respect to my work with the financial sector, I have been involved in research and training for almost 27 years so far, and conducted over 350 trainings on different aspects of finance, business ethics, audit and corporate governance from basic concepts to…

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Mehran Spice & Food Industries takes pride in offering top-tier products with social media triumphs Direct connection with consumers creating a sense of community and loyalty around the Mehran brand Interview with Mr. Gul Muhammad Lot — Chairman, Mehran Spice & Food Industries PAGE: Tell me something about yourself, please: Gul Muhammad Lot: I was born in the Diplo area of Thar District in Sindh. I inherited a profound legacy in the food business from my late father, Mr. Ghullam Muhammad Lot. I joined his business during 1980s, after completing my Bachelor’s. I earned Master’s degree in political science from the…

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Raqami Islamic Digital Bank pioneering a Shariah-based, inclusive financial ecosystem in Pakistan Interview with Mr. Nadeem Hussain — Founder, Raqami Islamic Digital Bank and Planet N Group PAGE: Tell me something about yourself, please: Nadeem Hussain: I had schooling at KGS and then went to the USA for further studies . I reinvented myself four times. I spent 27 years at Citigroup in 6 countries. Eventually, I resigned and became an entrepreneur at the age of 48. I am Founder of Tameer Bank and Easypaisa. I sold that and became a tech disruption investor. Planet N has 36 companies in its…

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Influencer-based marketing technique building genuine connection with potential customers Advertising plays a vital role in building up a brand’s image Interview with Mr. Abdullah Shahmeer — Director, Inceptives and Quad Co PAGE: Tell me something about yourself, please. Abdullah Shahmeer: I am by profession an educationist and a media professional. At the moment, I’m running two firms namely The Inceptives which is a design house, and Quad Co which is an education management company. Moreover, being an educationist, I teach both media studies and sociology at several A-level colleges, having around 14 years of experience in the field. PAGE: What are…

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Crafting advertising roles aligned with product and audience dynamics Dellsons Consultancy UAE offering a diverse range of learning products and service Choosing social media branding the right platforms for success Interview with Mr. Tufail Ahmed Khan — Co-Founder and CEO, Dellsons Consultancy UAE PAGE: Tell me something about yourself, please: Tufail Ahmed Khan: I turn people into brands. I am President and CEO, Pakistan Freelancers Association (PAFLA), and Co-Founder and CEO, Dellsons Consultancy UAE. My passion lies in coaching professionals globally on personal branding and utilising LinkedIn as a powerful tool to expand their reach and establish meaningful connections worldwide. Over…

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Country must strength skill workers and make its workforce valuable globally Rise in remittances emerging in the coming years Interview with Mr Aamir Ijaz Khan, Executive Director ICMA Pakistan PAGE: Kindly tell me something about yourself and your career?  Aamir Ijaz Khan: By profession, I am a Fellow Cost and Management Accountant and have to my credit around 20 years of diversified experience in the areas of Client Servicing, Project Implementation, Business Repositioning, Financial Management, and Compliance. I am also a SAP, FICO Certified Consultant. Before joining ICMA Pakistan as Executive Director, I was serving as Head of Quality Assurance at…

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Interview with Mr Sajid Katiya — CEO, Sacha’s Cakes PAGE: Tell me something about yourself, please: Sajid Katiya: I am an entrepreneur. Currently, working as CEO of Karachi’s top customised cake place, Sacha’s Cakes (www.sachascakes.com). I am also a co-founder of Pakistan’s first online uniform platform, Youniform (www.youniform.co) and also founder of Online Abaya Brand Dhaagey Abayat (www.dhaagey.pk). PAGE: How do you see 2024 for business activities? Sajid Katiya: I am optimistic about the business outlook for 2024, especially with upcoming elections on the horizon. The formation of a new government after the elections is poised to create a positive and conducive business…

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New government will face pressure in shaping fate of the country Flow of remittances will be smooth in 2024 Interview with Mr. Altaf Hussain — an analyst from Quetta PAGE: How do you see 2024 vis-à-vis 2023 in terms of inflationary pressures in Pakistan? Altaf Hussain: To get the most accurate and up-to-date information on inflationary pressures in Pakistan for 2023 and 2024, I recommend checking latest reports from reputable sources such as the State Bank of Pakistan, the Pakistan Bureau of Statistics etc. These organisations regularly release economic data and forecasts that can provide insights into the country’s economy. Based…

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Interview with Muhammad Tariq Yousuf — Chief Executive, Sanaulla Woollen Industries PAGE: Tell me something about yourself, please: Muhammad Tariq Yousuf: Experienced with 45+ years of proven expertise in the Textile industry in R&D, Production, Project Management, Quality Control, Quality Assurance, Regulatory Affairs, and General Management. Created new products and overseen the above departments for the growth of the companies worked for. A strong strategic thinker and team builder. Seek challenging environments to create lasting change. Lead with clear guidance and accountability. Effective at speaking to groups and conveying complex ideas. Embrace change and eager to apply new ideas. Presently serving…

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Sustained macro-fiscal and structural reforms are crucial Regular evaluations and adjustments are essential Interview with Mr. Hakim Ali Jatoi — Chief Executive, Hakim Agri Farms PAGE: Tell me something about yourself, please: Hakim Ali Jatoi: Born in District Kamber-Shahdadkot, Sindh, I received my early education in the same city before relocating to Karachi for middle and higher education. I hold the distinguished title of Fellow Member at the Institute of Cost & Management Accountants of Pakistan, complemented by qualifications in LLB and an MS in Management Sciences. I am Chief Executive Hakim Agri Farms and a Director at Brick & Wire…

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Crafting a vision for business growth through strategic government partnerships Interview with Muhammad Mujtaba — Chief Executive, Realigns Pharmaceuticals (based in Thailand) PAGE: Tell me something about yourself, please: Muhammad Mujtaba: I hold a Bachelor’s degree in Commerce from University of Karachi, and I furthered my education with a specialisation in International Business from Harvard Business School. My entrepreneurial journey began in 2002, and in 2010, I took a significant step by establishing my own business. Currently, I am at the helm of Realigns Inc, a US-based international consulting company specialising in healthcare and technologies www.realignsinc.com. Our mission is to provide…

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Conversation with Mr Sajjad Hussain — an analyst  Mr. Sajjad Hussain is one of the most prominent personalities of Gilgit-Baltistan. PAKISTAN & GULF ECONOMIST sought his perspective about Gilgit-Baltistan. Following was shared by him: The region Gilgit-Baltistan has dynamic tourism potential and provides diverse tourism opportunities for domestic and foreign tourists across the world. Being home to the world’s highest mountain peaks and glaciers, it fascinates the attention of adventurers, mountaineers, trekkers, travelers and explorers. The China-Pakistan Economic Corridor (CPEC) is a mega-project of primarily infrastructure-related loans and investments in Pakistan. Recently, the official discourse has increasingly shifted to the…

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Careful management must for effective and sustainable G2G contracts Political, economic stability amid investor-friendly environment benefit relationship Product diversification, quality standards help improve export performance Conversation with Mr Zia-ul-Mustafa Awan, President & CEO of House of Professionals Profile: Mr Zia-ul-Mustafa Awan is a multifaceted professional with over two decades of experience in diverse sectors including strategy, operations, project management, and financial management. His professional credentials, including CMA, and CMP from internationally recognised institutions, have been the foundation of his career, allowing him to develop expertise across manufacturing, engineering, banking, and education. In his journey, he has embraced leadership roles in…

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G2G contacting play a crucial role in building and making Pakistan and the UAE ties stronger Pakistan must increase export volumes into the oil-rich UAE Interview with Mr. Khalid Tawab — Chairman, Tawab Group of Companies Profile: Khalid Tawab, Sitara-e-Imtiaz, is a well-known leader of the business community. Born and raised in Karachi, Khalid Tawab has served in various prestigious positions. He is a proven hard worker. From his humble beginning in steel and iron trade, today Khalid Tawab is the Chairman of Tawab Group of Companies. Tawab Group has a large portfolio, which includes steel, paper, board paper, construction…

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Pakistan must work closely with UAE govt to fuel economic growth Interview with Mr. Waqas Kodvavi — finance professional PAGE: Tell me something about yourself, please: Waqas Kodvavi: I am an Associate Member of ICMAP and have done my master’s in Economics from KU. I have been working as CFO of Premier Sales (Pvt) Limited since 2010. Premier Sales (Pvt) Limited is a distribution company, which is one of the biggest distribution setups in Pakistan. PAGE: What is your take on bilateral trade between Pakistan and the UAE? Waqas Kodvavi: Bilateral trade in the case of Pakistan and the UAE…

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Human and skill development is indeed crucial for attracting investments and fostering economic growth Interview with Mr. Zaheer Ahmed — UAE-based Pakistani PAGE: Tell me something about yourself, please: Zaheer Ahmed: I am part of a Pakistani diaspora, residing in the UAE for the preceding 13 years. I am working as an aircraft engineer. PAGE: What is your take on bilateral trade between Pakistan and the UAE? Zaheer Ahmed: There is enormous potential between these countries for bilateral trade. The UAE is enriched with natural resources such as oil & gas; apart from that it’s a regional economic hub especially for the…

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By and large, remittances are deemed to be a panacea for tackling balance of payment crisis. Insightfully, remittances are sine qua non for averting balance of payment crisis, creating employment opportunities, shoring up foreign exchange reserves, tackling the stumbling blocks of debt servicing, addressing the glitches of twin deficits, augmenting tax-to-GDP ratio, buttressing local currency and last but not least propping up economic growth. Out of nearly 250 millions of total population of Pakistan, approximately 11 million Pakistani diaspora are in virtually all continents of the world except Antarctica. It is a prevalent assumption that Pakistani diaspora have gotten the…

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SSGCL-linked industries to protest unprecedented increase in gas tariff PHMA Zonal Chairman Abdul Jabbar Gajiani Chair welcomed the General Body Members (Exporters/ indirect Exporters) and invited the attention to the one-point agenda item i.e. to consider taking up the matter of historic unprecedented and highest increase in the industrial gas tariff affecting and making industries unviable to operate and devise future line of action to get relief for industry. He requested PHMA Patron In-Chief Muhammad Jawed Bilwani to brief the House about the efforts of PHMA in this regard. Patron In-Chief, Muhammad Jawed Bilwani apprised that the Association had taken…

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Real Estate Investment Trusts and Exchange Traded Funds add depth to the evolving landscape of the industry Conversation with Mohammad Shoaib, CFA, Chief Executive Al Meezan Investment Management Limited Profile: Mr. Mohammad Shoaib is the founding CEO of Al Meezan Investment Management Ltd. His journey spans from setting up Pakistan’s First Shariah Compliant Asset Management Company in Pakistan to making it the Largest AMC in the country. Under his visionary leadership Al Meezan leads the market with assets under management of over PKR 335 Billion*, a diverse customer base of over 227,000 investors ranging from institutions and businesses to individuals…

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A beacon of ethical unity in Pakistan’s financial horizon 5th Pillar Family Takaful introduces Hajj Saving Takaful Plan for a secure pilgrimage journey Interview with Muhammad Nasir Ali Syed — Executive Director Operations, 5th Pillar Family Takaful Limited Profile: Muhammad Nasir Ali Syed is a seasoned professional with over 29 years of rich experience in Pakistan’s Life Insurance and Family and General Takaful industry. He is a vision-oriented individual possessing extensive experience in the foundational development and establishment of life insurance entities. This includes pivotal roles in establishing reputable firms such as American Life Insurance Company (ALICO) in Pakistan, Commercial…

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Sincere leadership can help bring change in structural reforms Interview with Muhammad Farooq Afzal — President/CEO of ITN Group of Companies Profile: Muhammad Farooq Afzal is a dynamic and a profound professional in the realm of textiles, information technology, business consultancy, tourism, and event management. He is pursuing his entrepreneurial ambitions for last 23 years, locally and internationally. He has been playing an instrumental role in promoting trade and business ties between Pakistan and other countries since 2004. Farooq has been continuously putting in his multifaceted efforts towards the cause of promotion of bilateral and multilateral trade. Farooq has also…

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Navigating foreign investment in real estate sector for sustainable growth A streamlined and equitable taxation system is essential The sector will regain its momentum in a coming year Interview with Mr. Rehan Khan — real estate professional PAGE: Tell me something about yourself, please: Rehan Khan: I am a real estate consultant. My company, Shaikhani Associates. is serving real estate sector. I am a member of Defence & Clifton Association of Real Estate Agents, Karachi Chamber of Commerce & Industry, FPCCI and Association of Builders & Developers. I have an academic background in mechanical engineering and graduated from a renowned university in…

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