Pakistan Business Council (PBC)
Formation2005 (2005)
WebsitePBC website

The Pakistan Business Council (PBC) (Urdu: پاکستان بزنس کونسل) 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.NameRepresenting PBC executive member
01Bashir Ali Mohammad (chairman – PBC)Gul Ahmed Group
02Atif Aslam Bajwa (vice chairman – PBC)Bank Alfalah Limited
03Abdul Razak DawoodDescon Engineering
04Ali S. HabibIndus Motors
05Aliuddin AnsariEngro Corporation
06Sikandar Mustafa KhanMillat Tractors Limited
07Umer ManshaNishat Mills
08Ehsan MalikUnilever Pakistan
09Hussain DawoodDawood Hercules Corporation
10Iqbal LakhaniColgate Palmolive
11Muhammad Ali TabbaLucky Cement
12Shabbir DiwanGatron Industries
13Syed Hyder AliPackages Limited
14Kamran Y. Mirzachief 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:

SectorMember companies
Large-scale manufacturing
* Agro-industries1
* Cement2
* Chemicals/Fertilizer7
* Energy2
* Engineering4
* Fast Moving Consumer Products8
* Packaging Material2
* Pharmaceuticals and Health Care4
* Textiles7
Total large-scale manufacturing38
Services
* Engineering Services1
* Financial Sector8
Total members in the services sector9

Membership profile

No.PBC executive memberRepresentative and designationPart of
01Abbott Laboratories PakistanArshad Saeed Hussain (CEO)Abbott Laboratories
02Akzo Nobel Pakistan LimitedJehanzeb Khan (CEO)AkzoNobel
03Allied Bank LimitedMohammad Naeem Mukhtar (chairman)Ibrahim Group
04Artistic Milliners (Pvt) LimitedYaqoob Ahmed (chairman)Artistic Milliners
05Bank Alfalah LimitedAtif Aslam Bajwa (CEO)Abu Dhabi Group
06Cherat Cement Company LimitedAzam Faruque (chief executive)Ghulam Faruque Group
07The Coca-Cola Export CorporationRizwan Ullah Khan (country head)Coca-Cola Beverages Pakistan Limited
08Colgate PalmoliveIqbal Lakhani (chairman)Lakson Group
09Dawood Hercules Corporation LimitedHussain Dawood (chairman)Dawood Group
10DesconAbdul Razak Dawood (chairman)The Descon Group
11EFU General InsuranceSaifuddin Zoomkawala (chairman)EFU Group
12English Biscuit ManufacturersSaadia Butt Naveed (deputy MD)English Biscuit Manufacturers
13Engro CorporationAliuddin Ansari (president & CEO)Engro Group
14Faysal BankNauman Ansari (president & CEO)Ithmaar Bank B.S.C (Bahrain)
15Gatron (Industries) LimitedShabbir Diwan (director)Gani & Tayub / Gatron Group
16Getz PharmaKhalid Mahmood (managing director)Getz Group
17GlaxoSmithKline PakistanM. Salman Burney (managing director)GlaxoSmithKline
18Gul AhmedBashir Ali Mohammed (chairman)Gul Ahmed Group
19Habib Bank LimitedNauman K Dar (president & CEO)Habib Bank Limited
20Hascol Petroleum LimitedMumtaz Hasan Khan (chairman)Hascol
21Hub Power Company LimitedKhalid Mansoor (CEO)Hub Power Company Limited
22ICI PakistanAsif Jooma (chief executive)AkzoNobel Group
23Indus Dyeing & ManufacturingImran Ahmed (director)Indus Group
24Indus Motor CompanyAli S. Habib (chairman)[2]The House of Habib
25Interloop (Pvt.) LimitedMusadaq Zulqarnain (CEO)Interloop
26International Industries LimitedTowfiq Chinoy (MD)IIL Group
27JDW Sugar Mills LimitedJahangir Tareen (CEO)JDW Group
28Lotte Pakistan PTAJung Neon Kim (CEO)Lotte
29Lucky CementMuhammed Ali Tabba (director)Yunus Brothers Group
30Mega ConglomerateHabib Ullah Khan (chairman)Mega Group
31Millat Tractors LimitedSikandar Mustafa Khan (chairman)Millat Group
32National Foods LimitedAbrar Hasan (CEO)National Foods
33Nestlé PakistanSyed Yawar Ali (chairman)Nestlé Pakistan
34Nishat Mills LimitedMian Umer Mansha (chairman & CEO)Nishat Group
35Packages LimitedSyed Hyder Ali (managing director)Packages / Ali Group
36PakArab Fertilizers LimitedFawad Ahmed Mukhtar (CEO)Fatima Group
37Philip Morris (Pakistan) Ltd.Alejandro Paschalides (managing director)Philip Morris International
38Saif Textile MillsOsman Saifullah Khan (chief executive)Saif Group
39Sanofi Aventis Pakistan LimitedAyub Siddiqui (managing director)Sanofi Aventis
40Sapphire TextileNadeem Abdullah (chief executive)Sapphire Group
41Shirazi InvestmentsSaquib Shirazi (director)Atlas Group
42Siemens Pakistan EngineeringGuenter Zwickl (MD & CEO)Siemens
43Standard Chartered BankShahzad Dada (CEO)Standard Chartered Bank
44Tetra Pak PakistanStefan Johanssan (managing director)Tetra Laval Group
45United Bank LimitedWajahat Hussain (president)Bestway Group (UK)
46Unilever PakistanEhsan Malik (chairman & CEO)Unilever
47Brown Tech InternationalNaeem Akhtar (CEO)Brown Tech International

Former chief executives

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

  1. 1 2 3 4 5 Make job creation a cornerstone of CPEC: Pakistan Business Council Dawn (newspaper), Published 30 November 2017, Retrieved 25 July 2019
  2. Top seat: Pakistan Business Council elects new chairman The Express Tribune (newspaper), Published 15 May 2012, Retrieved 25 July 2019
  3. "Salim Raza appointed Governor State Bank of Pakistan". The Nation (Pakistan) (newspaper). 30 December 2008. Retrieved 25 July 2019.
  4. Pak-China business council to be formed: Khusro Dawn (newspaper), Published 22 June 2019, Retrieved 26 July 2019
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