Top seat: Pakistan Business Council elects new chairman

Ali Habib is the chairman of Indus Motor Company Limited; also oversees the operations of The House of Habib companies

ISLAMABAD:

The Board of Directors of the Pakistan Business Council (PBC) in its meeting here Monday elected Ali S Habib, a founding director of the council, as its new chairman following the early retirement of 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.

The PBC includes Pakistan’s largest corporations and business groups including multinationals and is a non-political, not for profit section 42 company whose objectives include promoting policies that will lead to the improvement of the business environment and acceleration of economic growth in the country. The PBC in 2011 organised the Pakistan Economic Forum (PEF) which proposed solutions to five major issues confronting Pakistan.

Published in The Express Tribune, May 15^th, 2012.