Aramex founder to advise IBA on business projects

Ghandour joins IBA’s Centre for Entrepreneurial Development.

KARACHI: The Institute of Business Administration (IBA) appointed the chief executive officer of Aramex, Fadi Ghandour, on Monday, to head the advisory council of its Centre for Entrepreneurial Development.

The development centre was established last week to promote entrepreneurship in Pakistan.

Appointing Ghandour to lead the centre’s advisory council is a major achievement for IBA as he has a considerable experience in leading successful businesses. A passionate social entrepreneur, Ghandour formed the Arab American Express (Aramex) in Jordon in 1982 that went on to become one of the leading logistics companies in the Middle East and South Asia. It was also the first Arab company to go public on the United States’ NASDAQ stock market.

The development centre has been set up in alliance with Babson College in Boston, United States. It has also formed partnerships with several Pakistani organisations.

The objective of the advisory council is to guide the development centre in executing its plans and outreach programmes, said IBA’s spokesperson. “Ghandour’s appointment will help the centre in enabling the next generation of Pakistani entrepreneurs to translate their innovative ideas into commercially viable enterprises,” he added.

Published in The Express Tribune, November 27^th, 2012.