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Board of Investment Chairman Zubair Gilani resigns

Board of Investment Chairman Zubair Gilani resigns
March 9, 2020
ISLAMABAD (92 News) – Board of Investment (BOI) Chairman Zubair Gilani resigned for personal reason on Monday. Sources, on the other hand, said that Zubair Gilani had tendered the resignation for continuous intervention in the Board of Investment. They added that Zubair Gilani had differences with Adviser to PM on Finance Abdul Hafeez Sheikh and Adviser to PM on Commerece Abdul Razak Dawood. In July 2019, Prime Minister Imran Khan had appointed Zubair Gilani as BOI head with the status of the Minister of State. He was also leading the Prime Minister’s Initiative to improve Ease-Of-Doing-Business (EODB) in Pakistan through wide-ranging policy and administrative reforms. He is also a member of the Advisory Council of the Ministry of Maritime Affairs. Gilani began his professional career in 1989 by joining BCCI and later moved to American Express Bank. He joined Faysal Bank in 1994, where he held senior management positions in corporate and investment banking. Later, Gilani acquired an equity stake in an apparel manufacturing unit in Karachi in 2001. The company soon expanded its operations by acquiring state of the art technology supplying high fashion goods to leading European brands.