Pakistan Business Council

The Pakistan Business Council (PBC) is a business policy advocacy platform, established in 2005 by 14 of Pakistan’s (now 46) largest private-sector businesses / conglomerates, including multinationals. It is a professionally run organization headed by a full-time chief executive officer. The current CEO is Mr. Kamran Y Mirza, who brings with him considerable experience of working in the corporate sector and with the government.

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, the PBC follows to the extent possible, the Code of Corporate Governance as applicable to listed companies.

Objectives of the PBC:

The major objectives of the PBC as stated in its founding documents are:

• To provide for the formation and exchange of views on any question connected with the conduct of businesses in and from Pakistan.
• To conduct, organize, set up, administer and manage campaigns, surveys, focus groups, workshops, seminars and field works for carrying out research and raising awareness in regard to matters affecting businesses in Pakistan.
• To acquire, collect, compile, analyze, publish and provide statistics, data analysis and other information relating to businesses of any kind, nature or description and on opportunities for such businesses within and outside Pakistan
• To promote and facilitate the integration of businesses in Pakistan into the World economy and to encourage the development and growth of Pakistani multinationals
• To interact with Governments in the economic development of Pakistan and to facilitate, foster and further the economic, social and human resource development of Pakistan.

Board of Directors

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:

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:

Membership profile

Former chief executives

• Saleem Raza (February 2006 – December 2008)^[1]

References

External links

• Pakistan Business Council Website