Shazia Syed elected President of OICCI – the largest business Chamber in Pakistan based on economic contribution
Karachi, February 04, 2019 (PPI-OT): Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2019 term. This was announced at the 159th Annual General Meeting of the OICCI held at the Chamber on Thursday, January 31, 2019. Mr. Shahzad G. Dada, CEO Standard Chartered Bank of Pakistan, was elected unopposed as the Vice President.
The other elected members of the OICCI Managing Committee for 2019 are as follows:
1. MR. NADEEM LODHI
General Manager / Chief Executive Officer
2. MR. SARIM SHEIKH
President / Chief Executive Officer
GE INTERNATIONAL OPERATIONS COMPANY INC.
3. MR. IRFAN SIDDIQUI
President/ Chief Executive Officer
MEEZAN BANK LIMITED
4. MS. FREDA YAHAN DUPLAN
NESTLE PAKISTAN LIMITED
5. DR. IMRAN RASHEED
Chief Executive Officer
NOVARTIS PHARMA PAKISTAN LIMITED
6. MR. SAMI AHMED
Chief Executive Officer
PROCTER and GAMBLE PAKISTAN (PRIVATE) LIMITED
7. MR. HAROON RASHID
SHELL PAKISTAN LIMITED
8. MR. HELMUT VON STRUVE
SIEMENS (PAKISTAN) ENGINEERING COMPANY LTD
The Incoming OICCI President Shazia Syed in her message to the members said that she has a deep conviction that Pakistan offers considerable growth potential for existing foreign investors and opportunities for new investors. She lauded the role of OICCI for promoting Pakistan to potential foreign investors during the Chamber’s regular interaction with foreign business and governmental delegations and senior diplomats based in and outside Pakistan. Shazia also appreciated the Chamber’s focused and continuing advocacy efforts for streamlining the taxation system, giving practical policy input for increasing the efficiency of energy plants, recent initiative on women empowerment under the banner of ‘OICCI Women: Empowering for a better tomorrow’, improving the security environment, especially in Karachi, and its role in taking the Intellectual Property Rights regime in Pakistan to a higher level.
Shazia Syed is the Chief Executive Officer and Chairperson of Unilever Pakistan Limited. She joined the Board on 1st November 2015. Prior to this, Shazia was Chairperson, Unilever Sri Lanka Limited. She has held various senior management positions across most categories at Unilever Pakistan and other markets, including Unilever Vietnam as Business Unit Leader for Personal Care. She joined Unilever as a management trainee and completed her 28th year in the organization last year.
Shazia is also the Chief Executive Officer of Unilever Pakistan Foods Limited, Director at the Pakistan Business Council, Member of the Advisory Council at the British Asian Trust and Advisory Board of the Male Champions of Change-Pakistan, Trustee at The Duke of Edinburgh’s Award Foundation Pakistan and Member at the Board of Governors of the National Management Foundation. Shazia is an active advocate of diversity in the workplace and believes that enabling and facilitating working women from all backgrounds across all sectors should be every leader’s top priority.
About the OICCI: Established in 1860, the Overseas Investors Chamber of Commerce and Industry (OICCI) serves as a platform to promote foreign investment, thereby playing a major role in the growth of commerce and industry in the country. The OICCI is the collective voice of close to 200 members, representing nearly all the largest foreign investors in Pakistan, who come from 35 different countries and operate in 14 different sectors of trade and industry. In its comprehensive function as a facilitator to foreign investors, OICCI plays a vital role on several fronts and the Chamber is frequently called upon to assist the government in policy formulation in the financial, commercial and industrial sectors, particularly where it impacts foreign investment. 56 OICCI member companies are listed on the Karachi Stock Exchange. Nearly 50 Members are associates of the Global Fortune 500 companies.
OICCI members contribute, annually, over one third of the revenue collections in the country by the federal and provincial revenue authorities and invested over US$ 2.7 billion in 2017 in new capital expenditure. The CSR initiatives by its members benefit over 80 million underprivileged sections of society.
For more information, contact:
Overseas Investors Chamber of Commerce and Industry (OICCI)
Chamber of Commerce Building, Talpur Road, P.O. Box 4833,
Karachi – 74000, Pakistan
Category: General Business News