The Board of Directors of the Pakistan Business Council (PBC) in its meeting of May 11th, 2012 elected Ali S. Habib as its new Chairman following the early retirement of Asad Umar.
Ali Habib is the Chairman of Indus Motor Company Limited. He heads and actively oversees the operations of The House of Habib (HOH) companies. Ali is a graduate of the University of Minnesota (Mechanical Engineering). He has attended the PMD Program at Harvard University and is a Founding director of the Pakistan Business council. He was the Vice Chairman of the PBC before his election as the PBC Chairman. The Board also elected Sikander Mustafa Khan as the new Vice Chairman of the PBC. Sikander is Chairman of the Millat Group of Companies; he is a graduate of NED Engineering College (Mechanical Engineering) and has a Masters’ Degree from Imperial College of Science and Technology, London and another from the University of New Castle upon Tyne, U.K. He was appointed as Managing Director of Millat Tractors Limited (MTL) in October 1985 and successfully led his team for the Employee Buy-out of MTL.
The Pakistan Business Council is a private sector funded business policy advocacy group representing some of the largest business groups / companies in Pakistan including multinationals. The PBC is a non-political, not for profit Section 42 Company whose objectives include promoting polices that will lead to the improvement of the overall business environment in the Country. The PBC in 2011 organized the Pakistan Economic Forum (PEF) which proposed solutions to five major issues confronting Pakistan. As a follow-up to the PEF, the PBC worked with the major political parties to develop consensus on a National Economic Agenda (NEA) which is a roadmap Pakistan’s economic and social development.
The PBC is a partner of the Aman Ki Asha initiative which aims to improve economic and people to people relations in South Asia. PBC recently entered into an MOU with the Confederation of Industry (CII) and MEDEF of France; the purpose of both the MOUs is to promote greater business to business linkages between Pakistani companies and their counterparts in India and France.