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Home Sector Trade

Pakistan Business Council elects new chairman & vice chairperson

5 August 2023
in Trade
Reading Time: 2 mins read
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Pakistan Business Council

After a successful 18-month tenure leading the Pakistan Business Council (PBC), Muhammad Aurangzeb has stepped down from his position as Chairman in accordance with the PBC’s tradition. Despite relinquishing the Chairman role, Aurangzeb will continue to contribute as a director.

Stepping into the role of Chairman for the upcoming 18 months is Shabbir Diwan, the CEO of Gatron (Industries) Limited. Gatron Industries is a publicly listed company and a prominent manufacturer of Polyester Filament Yarn & PET Preforms in Pakistan. Diwan’s professional portfolio also includes his role as Executive Director at Novatex Limited, the country’s largest non-textile exporter. He is further recognized as a Director of ThalNova Power Thar (Pvt) Limited.

Simultaneously, Dr. Zeelaf Munir has been elected as the Vice Chairperson of the PBC for the next 18 months. Dr. Munir holds the esteemed position of CEO and Managing Director at English Biscuit Manufacturers (Pvt.) Limited. This company holds the distinction of being Pakistan’s largest national FMCG and market leader in biscuits and cakes. In addition, Dr. Munir also serves as the Chairperson of the Pakistan Advertisers Society (PAS).

Muhammad Aurangzeb’s tenure as Chairman saw significant strides for the Pakistan Business Council, solidifying its status as the premier pan-sectoral business advocacy body in the country. Notably, under his leadership, the PBC enhanced its reputation and role as a key player in advocating for the business community’s interests.

Muhammad Aurangzeb holds dual roles as the President and CEO of HBL and Chairman of the Pakistan Bank’s Association. His contributions have been instrumental in shaping the financial landscape of Pakistan.

The Pakistan Business Council stands as a cornerstone of the nation’s business landscape, comprising over a hundred major companies, including multinationals. These entities collectively contribute to 40% of exports, a third of taxes, and hold a combined turnover representing a substantial portion of the GDP.

The PBC’s overarching theme is “Make-in-Pakistan,” encompassing the objectives of growth, production enhancement, and service improvement. With its strategic focus on “Grow More/Better,” “Make More/Better,” and “Serve More/Better” platforms, the PBC engages in research and advocacy initiatives aimed at fostering job creation, boosting exports, reducing import dependency, and promoting a formalized economy.

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