Message from the President

D

ear Professional Colleague,

Assalamu Alaikum.

Season’s Greetings and Happy New Year!

I would like to convey my best wishes and sincere thanks to all of you as we wrapped up an eventful year 2019 and shifted our attention towards the year 2020. The past twelve months have been marked by noteworthy achievements and changes. If we ruminate on the past year, I strongly believe that we have many reasons to have enormous pride in our accomplishments and look forward with enthusiasm to this year.

As professionals, representing corporate governance specialists, we have been delivering strategic leadership, adding significant value as a vital organ of the nation. In many respects, we have similar attributes and most closest with the top management of the organization. As such we always need to update us on contemporary professional side by side leadership qualities of humanity, high intelligence, an understanding of Board discussion agendas, negotiation and a tough resilience in dealing with everyday issues. Keeping it in mind the present Council has decided to do necessary re-engineering on the existing syllabus to deal with the upcoming challenges through ‘Professional Progression in a Digital Era’.

I am happy to share that last quarter had been eventful for us which witnessed a big event, 6th ICSB National Award 2018 for corporate governance excellence. Thirty two listed companies have been recognized for their excellence in governance from eleven different sectors. My heartiest congratulations to the entities which won the award and hope that others will be inspired witnessing the success of others. We also met high profiled dignitaries specially Hon’ble Minister, Ministry of Commerce, Secretary, Ministry of Commerce, Chairman, BSEC and Chairman, FRC during the period to mark the growing engagement of ICSB in the corporate sector. They highly appreciated ICSB’s contribution towards establishing good governance in the corporate sector.

Some of our challenges are still there to be resolved. Let’s work together to coordinate National Board of Revenue (NBR) to allow us to work as ITP and to incorporate our suggestions to make the Companies Act 1994 more pertinent and pragmatic by pursuing all the concern ministries and regulators. We have formed a new ‘Land & Infrastructure Development Committee’ in order to carry on our own campus at Aftabnagar.

May Allah help us to do all good things for our beloved Institute.

Muzaffar Ahmed, FCS

PRESIDENT