The Board of Directors of the Pakistan Business Council (PBC) in its meeting of May 11th, 2012 elected the billionaire head of House of Habib, Mr Ali S. Habib, as its new Chairman following the early retirement of Engro’s Ex-CEO 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
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.
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