Pakistan Business Council

Pakistan Business Council (PBC) is a business policy advocacy platform setup in 2005 by 14 of Pakistan’s (now 36) largest private-sector businesses including multinationals. It is a professionally run organization headed by a fulltime paid CEO. The council works with the government on economic issues,[1] and with its counterparts in other countries on international trade.[2]

The PBC is a not-for-profit entity registered under Section 42 of the Companies Ordinance 1984. Though it is not required under the Law to do so, it follows to the extent possible the Code of Corporate Governance as applicable to listed companies.

Contents

The PBC Board

The PBC Board has 14 members, thirteen of whom are elected from the Executive Members of the PBC while the CEO is the 14th member of the Board. The current composition of the PBC Board is as follows:

No. Name Representing PBC Executive Member
01 Mr. Asad Umar (Chairman – PBC) Engro Corporation
02 Mr. Ali S. Habib (Vice Chairman – PBC) Indus Motors
03 Mr. Abdul Razak Dawood Descon Engineering
04 Mr. Bashir Ali Mohammad Gul Ahmed Group
05 Mr. Ehsan Malik Unilever Pakistan
06 Mr. Hussain Dawood Dawood Hercules Corporation
07 Mr. Iqbal Lakhani Colgate Palmolive
08 Mian Umer Mansha Nishat Textiles
09 Mr. Mohammad Naeem Mukhtar Allied Bank Limited
10 Mr. Sikandar Mustafa Khan Millat Tractors Limited
11 Mr. Sohail Wajahat Siddiqui Siemens Pakistan
12 Syed Hyder Ali Packages Limited
13 Mr. Waqar Malik ICI Pakistan
14 Mr. Kamran Y. Mirza CEO, Pakistan Business Council

PBC Composition by Sectors of the Economy

PBC currently has 36 members, who cover nearly all sectors of the formal economy. Sector wise representation is as follows:

Sector Member Companies
Large Scale Manufacturing
* Agro-industries 1
* Cement 2
* Chemicals/Fertilizer 6
* Energy 1
* Engineering 5
* Fast Moving Consumer Products 4
* Packaging Material 2
* Pharmaceuticals and Health Care 3
* Textiles 5
Total Large Scale Manufacturing 29
Services
* Engineering Services 1
* Financial Sector 6
Total Members in the Services Sector 7

Membership Profile of the Pakistan Business Council

No. PBC Executive Member Representative and Designation Part of
01 Abbott Laboratories Pakistan Asif Jooma (CEO) Abbott Laboratories
02 Allied Bank Limited Mohammad Naeem Mukhtar (Chairman) Ibrahim Group
03 Cherat Cement Company Limited Azam Faruque (Chief Executive) Ghulam Faruque Group
04 Colgate Palmolive Iqbal Lakhani (Chairman) Lakson Group
05 Dawood Hercules Corporation Limited Hussain Dawood (Chairman) Dawood Group
06 Descon Abdul Razak Dawood (Chairman) The Descon Group
07 English Biscuit Manufacturers Saadia Butt Naveed (Deputy MD) English Biscuit Manufacturers
08 Engro Corporation Asad Umar (President & CEO) Engro Group
09 Faysal Bank Naveed A. Khan (President & CEO) Ithmaar Bank B.S.C (Bahrain)
10 Gatron (Industries) Limited Shabbir Diwan (Director) Gani & Tayub / Gatron Group
11 Getz Pharma Khalid Mahmood (Managing Director) Getz Group
12 GlaxoSmithKline Pakistan M. Salman Burney (Managing Director) GlaxoSmithKline
13 Gul Ahmed Bashir Ali Mohammed (Chairman) Gul Ahmed Group
14 Habib Bank Limited Zakir Mahmood (President & CEO) Habib Bank Limited
15 ICI Pakistan Waqar Malik (Chief Executive) AkzoNobel group
16 Indus Dyeing & Manufacturing Imran Ahmed (Director) Indus Group
17 Indus Motor Company Ali S. Habib (Chairman) The House of Habib
18 International Industries Limited Towfiq Chinoy (MD & CEO) IIL Group
19 JDW Sugar Mills Limited Jahangir Tareen (CEO) JDW Group
20 KASB Bank Limited Muneer Kamal (President & CEO) KASB Group
21 Lotte Pakistan PTA Limited Asif Saad (CEO) Lotte
22 Lucky Cement Muhammed Ali Tabba (Director) Yunus Brothers Group
23 Millat Tractors Limited Sikandar Mustafa Khan (Chairman) Millat Group
24 Nishat Chunian (Power) Limited Shahzad Saleem (Chairman) Nishat Chunian Group
25 Nishat Mills Limited Mian Umer Mansha (Director) Nishat Group
26 Packages Limited Syed Hyder Ali (Managing Director) Packages / Ali Group
27 PakArab Fertilizers Limited Fawad Ahmed Mukhtar (CEO) Fatima Group
28 Philip Morris (Pakistan) Limited Farooq Shakoor (Director Finance) Philip Morris International
29 Saif Textile Mills Osman Saifullah Khan (Chief Executive) Saif Group
30 Sapphire Textile Nadeem Abdullah (Chief Executive) Sapphire Group
31 Shirazi Investments Saquib Shirazi (Director) Atlas Group
32 Siemens Pakistan Engineering Sohail Wajahat H. Siddiqui (MD & CEO) Siemens
33 Standard Chartered Bank Mohsin Nathani (President) Standard Chartered Bank
34 Tetra Pak Pakistan Azhar Ali Syed (Managing Director) Tetra Laval Group
35 United Bank Limited Atif R. Bokhari (President) Bestway Group (UK)
36 Unilever Pakistan Ehsan Malik (Chairman & CEO) Unilever

Former chief executives

References

  1. ^ "President seeks businessmen’s help for consensus on economic reforms". Daily Times (Pakistan). 30 April 2011. http://www.dailytimes.com.pk/default.asp?page=2011%5C04%5C30%5Cstory_30-4-2011_pg7_2. Retrieved 26 October 2011. 
  2. ^ "'Pakistan’s contribution must be recognised'". The Express Tribune. 25 June 2010. http://tribune.com.pk/story/23626/%E2%80%98pakistan%E2%80%99s-contribution-must-be-recognised%E2%80%99/. Retrieved 26 October 2011. 
  3. ^ "Raza takes over as SBP chief". The Nation (Pakistan). 3 January 2009. http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Opinions/03-Jan-2009/Raza-takes-over-as-SBP-chief. Retrieved 26 October 2011. 

External links