The Institute of Business Administration (IBA), Karachi organized a reception in honor of its alumni, donors and corporate leaders. A large number of CEOs, prominent industrialists and corporate heads attended the event.

On this occasion, IBA Director Corporate Relations Malahat Awan gave an overview of IBA and its efforts to promote quality education in the country. She said that the IBA has a legacy of more than six decades and presently it has 3 schools with 21 academic programs. IBA provides financial assistance to 1 out of 3 students and last year, the institution disbursed PKR 300 million as financial assistance. She informed the audience that IBA is always looking for corporate support and collaboration for scholarships, recruitment drives, research, and other avenues.

Addressing the distinguished guests, Executive Director IBA, Dr S Akbar Zaidi thanked the audience for attending and also for supporting IBA. He said that the IBA is aware of its role in promoting quality education and providing qualified and competent resources to the market.

Dr Nasir Afghan, Assistant Professor, School of Business Studies – IBA, informed the gathering about the ongoing efforts by IBA to help the recent flood affectees. He said that IBA has set up a fund to support flood relief efforts for the adversely affected parts of interior Sindh.

Later, a few donors presented cheques to Dr Zaidi to support deserving students at IBA. Mr Khalid Mehmood, MD Getz Pharma, presented a cheque of PKR 10 million and praised IBA for its inclusivity agenda and efforts to reach out to talented students living in remote areas.

ASA Pakistan also announced the creation of an endowment fund of PKR 10 million to support the education of deserving students. Saeed Uddin, CEO ASA Pakistan, presented a cheque to Dr Zaidi. Reckitt, Salaam Takaful, and JS Bank also pledged their support to IBA.

The guests were included, Sulaiman Shahabuddin, President AKU; Amir Paracha, CEO Unilever; Asif Peer, CEO Systems Limited; Hafsa Shamsie, MD Roche; Amir Ali, President Bank Islami; Basir Shamsie, President JS Bank; Omar Faruque, Chairman Ghulam Faruque Group; Nusair Teli, Director Pakistan Beverage Ltd; Abdul Rafay, CEO Dunkin Donuts; Sikandar Tiwana, CEO Shan Foods; Mohsin Ali Nathani, President Habib Metropolitan Bank; Rehan Chawla, Chairman Al- Karam Towels; Tariq Kirmani, Chairman GO; Shahid Ali Khan, Country Head Uber; Kashan Hasan, CEO Reckitt; Inam ur Rehman, President Engro; Asif Ismail, Director Premier Cables; and Noman Hassan, Director Lucky Cement.

Related: IMF deal was done to save Pakistan, says Miftah Ismail at IBA

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Arshad Yousafzai is a Karachi-based journalist covering Education and Human Rights. He can be reached on Twitter @Arshadyousafzay

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