TC May-Jun 2021 Issue

TRADE CHRONICLE
Indus Motor pays homage to Late Ali Habib pledging
support to Shaukat Khanum Cancer Hospital
As a tribute to the late Ali Suleman
Habib, Founding Chairman of Indus
Motor Company (IMC), the Company
has pledged support to the Shaukat
Khanum Memorial Cancer Hospital
& Research Centre
(SKMCH), through
a Rupees 60 Million
donation towards
the hospital’s under
construction facility at
Karachi.
Indus Motor’s Vice
Chairman, Shinji
Yanagi and Chief Executive, Ali Asghar
Jamali presented the cheque to Prime
Minister, Imran Khan, at Islamabad.
Sharing his thoughts on the occasion,
Mr. Jamali said: “IMC’s association
with the Shaukat Khanum Cancer
Hospital stretches back over two
Imran Yaqoob Minhas made
new Karachi police chief
Sindh government appointed Imran
Yaqoob Minhas as Karachi Police
Chief, who replaced the outgoing
Ghulam Nabi Memon.
According to details, AIG Karachi
Tariq Malik to take charge as
new Nadra chairman
New Nadra Chairman Tariq Malik will
take charge of his new responsibilities
soon. Tariq Malik is currently working
as adviser to the UN Secretary
General in New York. He has asked
the UN Secretary General to relieve
him from his responsibilities after his
appointment as Nadra chairman.
Tariq Malik is son of eminent scholar and
educationist Prof Fateh Muhammad
Malik. The Government of Pakistan had
advertised the post of Nadra chairman
to which 109 candidates applied. Tariq
decades. Cancer treatment in Pakistan
is very expensive and beyond reach
of the common man. This is where the
SKMCH steps in and provides the much
needed support to the less privileged
of our country and I congratulate its
management for a commendable job.
This pledge pays homage to our late
Chairman, Ali Habib san and the legacy
he’s left behind. It not only serves as
sadqae jaaria but also an aide-memoire
of his compassion and kindness that he
possessed.’
Ghulam Nabi Memon has been
transferred as the Additional
Inspector General (AIG) Special
Branch. Previously, Imran Yaqoob
Minhas was posted as AIG Special
Branch.
The new police chief had served as
Karachi’s IG Traffic, and AIGP Special
Branch.
Ghulam Nabi Memon has served as the
city police chief for nearly 10 months
after he was appointed to the post
on July 15 last year when the Sindh
government made a major reshuffle in
the provincial police department after
the passage of the new police order.
Malik was selected after tough
competition among the short-listed
candidates. He has also served
as Nadra chairman previously. He
is currently serving as chief technical
adviser in the UN.
The SKMCH at Karachi is the third and
most modern cancer facility being built
on 20 acres of land at DHA City where
over 75 percent cancer patients will
receive free cancer care. Construction
is expected to be completed over a
period of three years at an estimated
cost of Rs.13 billion with state-of-theart
diagnostic, radiation and treatment
facilities under one
roof, catering to
patients in Karachi,
Sindh and Baluchistan.
According to a WHO
report, in 2020 there
were over 178,000
new cancer cases and
177,000 plus cancer
deaths documented in Pakistan. Over
the next five years, the number of
prevalent cases has been estimated to
reach an alarming 329,524 cases, the
most common cancers in both sexes
related to breast, oral cavity, lung,
digestive tractand leukaemia.
FINCA appoints CEO
The board
of directors
of FINCA
Microfinance
Bank Limited
has appointed
Jahanzeb Khan
as the new chief
executive officer
(CEO) of the
bank, a statement said recently. An
experienced business leader, Khan will
assume responsibilities as the bank
CEO on June 14, 2021, it added.
“With Jahanzeb’s extensive and global
experience in fintech, we are delighted
to welcome him to the FINCA family
and believe that his rich diversity and
history of work lends itself to FINCA’s
vision for the future, said Zar Wardak
| vice president and division director of
FINCA Impact Finance.
We strongly believe that Jahanzeb is
the right leader for FINCA Pakistan and
we wish him all the best in his new role.”
Prior to Telenor Microfinance Bank,
Khan had been successfully associated
with one of the largest financial services
institutions (JPMorgan Chase & Co.),
Blue Chip Management Consulting firm
(Deloitte Consulting) and the Fintech
startup - First USA Bank (acquired by
JPMorgan), it added.
TRADE CHRONICLE - May - Jun - 2021 - Page # 26