Pakistan Business Council
The Pakistan Business Council (PBC) is a business policy advocacy platform, established in 2005 by 14 of Pakistan's (now 68) largest private-sector businesses / conglomerates, including multinationals. It is a professionally run organization headed by a full-time chief executive officer and Company Secretary. The current CEO is Mr. Ehsan Malik, who brings with him considerable experience of working in the corporate sector and with the government, and the company secretary is Mustafa Kamal Zuberi.
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.[1]
- 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 domestic businesses in Pakistan.[1]
- 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 domestic Pakistani multinationals.[1]
- 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.[1]
- To promote a "Make in Pakistan" policy, the Pakistan Business Council occasionally urges the government to address the fragmented and often conflicting policies of federal ministries and provinces regarding the domestic industry and exports. It also highlights the need for domestic industries to be aware of global competition.[1]
Board of directors
The PBC Board has 15 members, fourteen of whom are elected from the Executive Members of the PBC while the CEO is the 15th member of the Board. The current composition of the PBC Board is as follows:
| No. | Name | Representing PBC executive member |
|---|---|---|
| 01 | Bashir Ali Mohammad (chairman – PBC) | Gul Ahmed Group |
| 02 | Atif Aslam Bajwa (vice chairman – PBC) | Bank Alfalah Limited |
| 03 | Abdul Razak Dawood | Descon Engineering |
| 04 | Ali S. Habib | Indus Motors |
| 05 | Aliuddin Ansari | Engro Corporation |
| 06 | Sikandar Mustafa Khan | Millat Tractors Limited |
| 07 | Umer Mansha | Nishat Mills |
| 08 | Ehsan Malik | Unilever Pakistan |
| 09 | Hussain Dawood | Dawood Hercules Corporation |
| 10 | Iqbal Lakhani | Colgate Palmolive |
| 11 | Muhammad Ali Tabba | Lucky Cement |
| 12 | Shabbir Diwan | Gatron Industries |
| 13 | Syed Hyder Ali | Packages Limited |
| 14 | Kamran Y. Mirza | chief executive, The Pakistan Business Council |
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 | 7 |
| * Energy | 2 |
| * Engineering | 4 |
| * Fast Moving Consumer Products | 8 |
| * Packaging Material | 2 |
| * Pharmaceuticals and Health Care | 4 |
| * Textiles | 7 |
| Total large-scale manufacturing | 38 |
| Services | |
| * Engineering Services | 1 |
| * Financial Sector | 8 |
| Total members in the services sector | 9 |
Membership profile
| No. | PBC executive member | Representative and designation | Part of |
|---|---|---|---|
| 01 | Abbott Laboratories Pakistan | Arshad Saeed Hussain (CEO) | Abbott Laboratories |
| 02 | Akzo Nobel Pakistan Limited | Jehanzeb Khan (CEO) | AkzoNobel |
| 03 | Allied Bank Limited | Mohammad Naeem Mukhtar (chairman) | Ibrahim Group |
| 04 | Artistic Milliners (Pvt) Limited | Yaqoob Ahmed (chairman) | Artistic Milliners |
| 05 | Bank Alfalah Limited | Atif Aslam Bajwa (CEO) | Abu Dhabi Group |
| 06 | Cherat Cement Company Limited | Azam Faruque (chief executive) | Ghulam Faruque Group |
| 07 | The Coca-Cola Export Corporation | Rizwan Ullah Khan (country head) | Coca-Cola Beverages Pakistan Limited |
| 08 | Colgate Palmolive | Iqbal Lakhani (chairman) | Lakson Group |
| 09 | Dawood Hercules Corporation Limited | Hussain Dawood (chairman) | Dawood Group |
| 10 | Descon | Abdul Razak Dawood (chairman) | The Descon Group |
| 11 | EFU General Insurance | Saifuddin Zoomkawala (chairman) | EFU Group |
| 12 | English Biscuit Manufacturers | Saadia Butt Naveed (deputy MD) | English Biscuit Manufacturers |
| 13 | Engro Corporation | Aliuddin Ansari (president & CEO) | Engro Group |
| 14 | Faysal Bank | Nauman Ansari (president & CEO) | Ithmaar Bank B.S.C (Bahrain) |
| 15 | Gatron (Industries) Limited | Shabbir Diwan (director) | Gani & Tayub / Gatron Group |
| 16 | Getz Pharma | Khalid Mahmood (managing director) | Getz Group |
| 17 | GlaxoSmithKline Pakistan | M. Salman Burney (managing director) | GlaxoSmithKline |
| 18 | Gul Ahmed | Bashir Ali Mohammed (chairman) | Gul Ahmed Group |
| 19 | Habib Bank Limited | Nauman K Dar (president & CEO) | Habib Bank Limited |
| 20 | Hascol Petroleum Limited | Mumtaz Hasan Khan (chairman) | Hascol |
| 21 | Hub Power Company Limited | Khalid Mansoor (CEO) | Hub Power Company Limited |
| 22 | ICI Pakistan | Asif Jooma (chief executive) | AkzoNobel Group |
| 23 | Indus Dyeing & Manufacturing | Imran Ahmed (director) | Indus Group |
| 24 | Indus Motor Company | Ali S. Habib (chairman)[2] | The House of Habib |
| 25 | Interloop (Pvt.) Limited | Musadaq Zulqarnain (CEO) | Interloop |
| 26 | International Industries Limited | Towfiq Chinoy (MD) | IIL Group |
| 27 | JDW Sugar Mills Limited | Jahangir Tareen (CEO) | JDW Group |
| 28 | Lotte Pakistan PTA | Jung Neon Kim (CEO) | Lotte |
| 29 | Lucky Cement | Muhammed Ali Tabba (director) | Yunus Brothers Group |
| 30 | Mega Conglomerate | Habib Ullah Khan (chairman) | Mega Group |
| 31 | Millat Tractors Limited | Sikandar Mustafa Khan (chairman) | Millat Group |
| 32 | National Foods Limited | Abrar Hasan (CEO) | National Foods |
| 33 | Nestlé Pakistan | Syed Yawar Ali (chairman) | Nestlé Pakistan |
| 34 | Nishat Mills Limited | Mian Umer Mansha (chairman & CEO) | Nishat Group |
| 35 | Packages Limited | Syed Hyder Ali (managing director) | Packages / Ali Group |
| 36 | PakArab Fertilizers Limited | Fawad Ahmed Mukhtar (CEO) | Fatima Group |
| 37 | Philip Morris (Pakistan) Ltd. | Alejandro Paschalides (managing director) | Philip Morris International |
| 38 | Saif Textile Mills | Osman Saifullah Khan (chief executive) | Saif Group |
| 39 | Sanofi Aventis Pakistan Limited | Ayub Siddiqui (managing director) | Sanofi Aventis |
| 40 | Sapphire Textile | Nadeem Abdullah (chief executive) | Sapphire Group |
| 41 | Shirazi Investments | Saquib Shirazi (director) | Atlas Group |
| 42 | Siemens Pakistan Engineering | Guenter Zwickl (MD & CEO) | Siemens |
| 43 | Standard Chartered Bank | Shahzad Dada (CEO) | Standard Chartered Bank |
| 44 | Tetra Pak Pakistan | Stefan Johanssan (managing director) | Tetra Laval Group |
| 45 | United Bank Limited | Wajahat Hussain (president) | Bestway Group (UK) |
| 46 | Unilever Pakistan | Ehsan Malik (chairman & CEO) | Unilever |
| 47 | Brown Tech International | Naeem Akhtar (CEO) | Brown Tech International |
Former chief executives
- Syed Salim Raza (2009)[3]
- Kamran Mirza
Future plans
In June 2019, Federal Minister for Planning, Development and Reforms, Khusro Bakhtiar stated that the government was considering to form a Pak-China Business Council to promote Pakistan's private sector role in China-Pakistan Economic Corridor (CPEC) – an ongoing mega-project between Pakistan and China.[4]
References
- Make job creation a cornerstone of CPEC: Pakistan Business Council Dawn (newspaper), Published 30 November 2017, Retrieved 25 July 2019
- Top seat: Pakistan Business Council elects new chairman The Express Tribune (newspaper), Published 15 May 2012, Retrieved 25 July 2019
- "Salim Raza appointed Governor State Bank of Pakistan". The Nation (Pakistan) (newspaper). 30 December 2008. Retrieved 25 July 2019.
- Pak-China business council to be formed: Khusro Dawn (newspaper), Published 22 June 2019, Retrieved 26 July 2019
External links
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