ACCA (the Association of Chartered
Certified Accountants) organised a multi-stakeholder corporate networking
conference on the theme ‘Punjab: Pakistan’s Industrial and Talent Powerhouse’
here in Faisalabad to emphasise on the need for future-readiness of businesses
to keep Faisalabad globally competitive and make it lucrative for foreign investors.
As a hub for industrialisation
in Pakistan, Faisalabad is on the cusp of a technological revolution and the
need for organisations to be future-ready was never greater. At ACCA’s
conference, prominent thought leaders and policy makers discussed and proposed
recommendations on how to keep Faisalabad region up to speed amidst the Fourth
Industrial Revolution by adopting a growth agenda based on the golden
principles of inclusivity, integrity and innovation.
‘As the global body
for professional accountants, ACCA is a super-connector – seeing, facilitating
and maximising linkages across the profession for the benefit of our members,
economies and society at large. Conferences like this allow us to share our
future-focused Professional Insights and help organisations to think ahead and
stay future-fit.’ – Assad Hameed Khan, Market Head – Business Development, ACCA
Pakistan
Senator Walid Iqbal was
the Chief Guest at the event. He delivered a passionate speech on the future of
Faisalabad region, emphasised on the role of business community in keeping
‘Manchester of Pakistan’ ahead on the global stage, and shared the government’s
commitment. He also urged policy makers and regulators to facilitate investors
and improve ease of doing business in the city.
The conversations remained
focused on three key areas: Ensuring inclusivity and equality of opportunity to
create an economy that serves everyone regardless of their background, building
trust and earning global credibility for businesses in an environment of trust
crisis by upholding highest standards of ethics, and to encourage innovation to
truly transform and future-proof our manufacturing sector.
The conference also discussed
how our manufacturing sector can adopt latest technologies and develop
future-ready talent to compete and win globally. Rana Muhammad Sikandar Azam,
President, Faisalabad Chamber of Commerce & Industries shared with
attendees his exclusive insights into the future of textile sector in Pakistan
and shared how their member organisations are leading the change.
Speaking at the
conference, ACCA’s Head of Business Development - Central, Muhammad Shahid
Khan, said:
‘Faisalabad
contributes significantly to our national GDP and its manufacturing sector is
among the biggest employers. It’s crucial for organisations operating in the
district to ensure their sustainability and futureproof jobs by staying ahead
of the curve when it comes to disruptive technologies.’
The conference offered local businesses, thought leaders, and policy
makers an opportunity to sit together and form an actionable agenda to help the
region realise its true economic potential.
The conversation leaders at the event included, Zia Ul Mustafa, President, Institute of Cost &
Management Accountants of Pakistan (ICMAP), Dr Tanveer Hussain, Rector,
National Textile University, Muhammad
Iqbal Ghori, Director Finance & Strategic Planning, Sadaqat Limited,
Syed Rehan Hussain, Chief
Operating Officer, Akhuwat Foundation, Beau Seil, Partner Singapore Southeast
Asia Investment Lead, Patamar Capital, Zunaira Riaz, Senior Manager
Professional Qualifications and Career Development Centre, The Millennium
Universal College (TMUC), Arslan Anwar,
Head of Internal Audit, Master Tiles, Sarfraz
Ahmed Nadeem, Chief Manager Faisalabad, State Bank of Pakistan, and Altaf Hussain, Depty Commissioner,
Punjab Revenue Authority.
The event was supported by ACCA’s partner organisations
including, Akhuwat Foundation, British Deputy High Commission Karachi, Sadaqat
Limited, Khas Holding, Lahore Grammar School, TMUC, SKANS School of Accountancy,
Sitara Labels, University of London, Adroit Accountancy, OBOX Accounting, and SOS
Security.
ACCA will also be hosting a corporate networking
conference on similar conversation themes in Multan on 13 March 2020.
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