Muhammad Azfar Ahsan has been named the brand new Chairman Board of Investment (BOI) after his appointment was authorised on Tuesday by the federal cupboard.
Ahsan is the fourth particular person to have been appointed to the submit and has changed Atif Bokhari who resigned in June on account of “personal reasons”.
The newly-appointed chairman is the founding father of Corporate Pakistan Group (CPG), which represents the elite of Pakistan’s nationwide intelligentsia, together with company and enterprise leaders, ministers, senators, governors, federal secretaries, politicians, distinguished academicians, vitality consultants, tech entrepreneurs, defence personnel, cops, overseas coverage consultants, media practitioners, and the movers and shakers of civil society.
He additionally established the Nutshell Group, of which he’s the Founder CEO, and has additionally hosted over 3,000 overseas delegates in Pakistan, together with, amongst others, international CEOs, senior executives, ministers, academicians from Ivy League universities, and thought and information leaders from 35 international locations during the last 21 years.
Earlier, officers had anticipated that former chairmen Zubair Gilani and Haroon Sharif have been within the operating to take over from Bokhari.
Sharif was appointed as Chairman Board of Investment in September 2018, whereas Gilani was given the cost in June 2019.
What is BOI?
BOI has been arrange for the promotion of funding in all sectors of the financial system, facilitation of native and overseas traders for the speedy materialisation of their initiatives, enhancement of Pakistan’s worldwide competitiveness, and contribution to financial and social growth.
The board assists corporations and traders who’re investing or intend to spend money on Pakistan in addition to facilitates the implementation and operation of their initiatives.
It acts as a focus of contact for present and potential traders, each home and overseas, to offer them with all obligatory info and help in coordination with authorities departments on the federal and provincial ranges.