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Aug 28 - Sep 03, 2000

State Life Insurance Corp

."State Life Insurance Corporation of Pakistan is the guardian of its policyholders funds and the responsibility lies upon its Board of Directors to run the affairs of the Corporation". This was stated by Mr. Abdul Razzak Dawood, Federal Minister for Commerce, while addressing the first meeting of members of the newly constituted board of State Life. Mirza Qamar Beg, Federal Secretary of Commerce, was also present. The Directors of the newly constituted board who attended the meeting were Mr. Azhar Ali Malik, Mr. Bashir Ahmed, Mrs. Spentha Kandawala, Mr. Nisar Ahmed, Mr. Saleem Iqbal and Mr. Umar Atta Bandial in addition to the Chairman, Samee-ul-Hasan. Mr. Abdul Razzak said that, the new board members should fully exercise the powers given to them by law. He said that the newly promulgated Insurance Ordinance 2000, is intended to benefit the insuring public, and should be fully implemented in letter and spirit. He went on to say that policyholders should be extended optimum and quality services as they are the real pillars of the Corporation Mr. Sameeul Hassan, Chairman State Life, while making his presentation said that the life fund of the corporation exceed Rs. 64 billion at the end of 1999.

Evening Aerobic Classes at Karachi sheratonThe upscale Health Club of the Karachi Sheraton Hotel and Towers will now be conducting special aerobic classes in the evenings for the health-conscious professional women of Karachi. Karachi Sheraton Hotel & Towers is proud to be the only hotel to provide this facility for working ladies who are not able to take out time during the day from their busy schedules.

MCB recovers Rs. 772.225 (M) in first half 2000

Muslim Commercial Bank Limited has reported cash recoveries of Rs. 772.225 (M) in the first half of the year 2000 inspite of continuous depressed market conditions an increase of 18% over last year. MCB had made cash recoveries of Rs. 1,293.000 (M) in 1999 against a target of Rs. 1,200.000 (M) which was a remarkable achievement despite generally recessionary conditions. Given the present run rate, MCBs cash recoveries are likely to break last years record said Mr. Shahid Sattar, S.E.V.P./Head of Special Assets Management Group (S.A.M.G) in a press release. MCB, the largest private Bank in Pakistan has a network of over 1,200 branches. The Bank is a leader in its ATM services and Rupee Travellers Cheques products and strives to provide quality service to its customers countrywide.

Foreign Bank Launches Hi-Tech Rupee Travellers Cheques

Habib Bank AG Zurich, incorporated in Switzerland, has launched Rupee Travellers Cheques in Pakistan on August 16, 2000. The bank has signed an agency agreement with Metropolitan Bank Limited on August 12, 2000 making these instruments available and encashable through branches of both banks nationwide.

"Habib Zurich Travellers Cheques" are fully secured by unique laser-generated holograms developed in the USA with specialized printing from the UK. The RTCs are further backed by a sophisticated country-wide computer network to allow prompt issuance, encashment and verification services.

Mr. Muhammad H. Habib, Joint President, Habib Bank AG Zurich (center) is seen gracing the signing of the agreement by Mr. Muhammad Haroon Ahmed, Chief Executive Vice President of Habib Bank AG Zurich (right) and Mr. Kassim Parekh, Chairman and Chief Executive of Metropolitan Bank Ltd. (left). Standing from left to right Mr. Ashraf Mandvia, Mr. S. Fasahat Zaidi and Mr. Haroon Makani of Metropolitan Bank Limited, Mr. Wazir Mumtaz Ahmed, Mr. S. H. Masood Rizvi, Mr. Ahmer Nehal Jakartawala, and Mr. Syed Abu Tufail of Habib Bank AG Zurich.

Muslim Commercial Bank holds Hajj balloting for the year 2001

As part of the Banks tradition MCB held its annual Hajj Balloting for its employees in Karachi for the Hajj 2001. At the ceremony Mr. Aftab Manzoor President, Muslim Commercial Bank Ltd. by pressing the computer button started the computerized draw of the lucky numbers. Present the others Mr. Haroon Basheer, Mr. Khalid Niaz Khawaja, Mr. Shafiq Ahmed Khan, Mr. Ali Munir, Mr. M.U.A. Usmani and All Area Heads of Karachi. The Hajj Balloting is an ongoing MCB tradition where a certain number of MCB employees in both executive and staff cadre are randomly chosen to perform Hajj sponsored by the bank. A total of 26 fortunate employees were selected for Hajj 2001.

Employees respect and Dignity is an integral part of the Banks core values and the overall mission of becoming the Best place to work. The employee Hajj sponsorship is just one gesture showing that the Bank cares about its team members.

Karachi Sheraton Hotel & Towers has organized a two month long art exhibition at the ArtFest 2000 - Urban Voices IV. Participants include students of various Art Schools of Karachi presenting an exquisite collection of paintings, prints, sculptures and installation. Group photo shows Barrister Shahida Jamil, Chief Guest for the ArtFest inaugural ceremony, Mr. Thomas van Opstal, General Manager, Karachi Sheraton Hotel & Towers with the students whose work will be on display till October 21, 2000. Also present in the photograph are Ms. Sajida Bandukwala, Public Relations Manager, Amin Gulgee & Samra Muslim, PR Coordinator.

LNPMC Completes 21 years of postgraduates of teaching

Liaquat National Postgraduate Medical Centre has now completed more than 21 years as teaching centre for postgraduate doctors. This sprawling medical complex of almost 700 beds has served as a nursery for producing specialists in different disciplines of medical practice for over two decades. Many trainees who have passed through its portals now work as experts and consultants in many towns, cities of Pakistan. It is a heritage that the hospital is proud of a legacy that continues to evolve even today.

Over the years LNPMC has been inspected and recognized for training by the Pakistan Medical and Dental Council (PMDC), The College of Physicians and Surgeons of Pakistan (CPSP), the University of Karachi and the Royal College of Obstetricians and Gynecologists from Britain. The story of postgraduate training at LNPMC began in 1979 when the hospital was first inspected by the Pakistan Medical and Dental Council on 10th October 1978 and recognized for the training of House Officers in 8 specialties, namely; Medicine, Surgery, Obstetrics and Gynecology, Pediatrics, Pathology, Anesthesia and TB. Following this, on 27th January, 1980 the CPSP accorded the institution recognition for MCPS Training in Medicine, Surgery, Obstetrics and Gynecology and Paediatrics.

On 25th January 1983, the CPSP granted recognition for FCPS training in the department of Medicine and Surgery, while on 8th March 1983 this recognition was also extended to the department of Ophthalmology. On 23rd April 1985 approval for the residency training for MCPS was also granted to the specialties of Anaesthesiology and Chest Medicine, while the department of Obstetrics and Gynaecology was recognized for FCPS training. The department of Pathology was afforded recognition for MCPS training on 24th July 1985.

The next PMDC inspection took in September 1985. On this occasion 85 internships in 15 different disciplines approved were: Medicine, Surgery, Obstetrics and Gynaecology. Ophthalmology, Otorhinolaryngology, Paediatrics, Orthopaedics, Nephro-Urology, Chest Diseases, Psychiatry, Child health, Anaesthesiology, Pathology, Cardiovascular Diseases and Dental Surgery.

In October 1988, the Royal College of Physicians and Surgeons of Glasgow inspected the hospital and approved for training for the FRCS.

On 31st August 1989 the CPSP again inspected also approved FCPS training in Anaesthesiology and Hematology. The CPSP again inspected the hospital on 13th November 1994 and recognized the department of Surgery and Orthopaedics for FCPS training and the department of Anaesthesiology for MCPS and FCPS training. Other departments inspected by the CPSP on 31st December 1994 and recognition granted for FCPS training in Medicine, FCPS in Radiology, FCPS and MCPS in Paediatrics and Ophthalmology, MCPS and one year FCPS in Psychiatry, FCPS in Haematology and MCPS in Obstetrics and Gynecology, Pathology, ENT and Chest Medicine.

A PMDC inspection was also undertaken on 29th December 1994 and following this recognition was granted to many disciplines: Medicines for FCPS, Surgery for FCPS, Radiology for MCPS and FCPS, Paediatrics for MCPS and FCPS, Anaesthesiology for MCPS and FCPS. Ophthalmology for MCPS and FCPS, Haematology for FCPS and Pathology for MCPS.

The CPSP again visited the hospital in June 1996 and recognized the following departments: Urology for FCPS, Nephrology for FCPS, Obstetrics and Gynaecology for FCPS and Cardiology for FCPS. The most inspection by the CPSP took place on 19th October 1999 when the specialties of ENT and Neuro surgery were recognized for FCPS training.

The Royal College of Obstetricians and Gynaecologist of Britain were inspected the hospital on 21st May 1998, and recognition was afforded on 21st September 1998 to the department of Obstetrics and Gynaecology for MRCOG training.

The University of Karachi has also inspected the hospital more than once. It first inspected the institution in 1984 and recognized the training for DCH, DGO, DTCD and DGS.

In 1997 the University of Karachi again visited the institution and recognized 14 department for MS/MD. These were Gynaecology and Obstetrics, Paediatrics, Radiology, Anaesthesiology, Nephrology. Cardiology, Haematology, Urology, Orthopaedics, Opthalmology, Psychiatry and Neurosurgery.

It it interesting to note that all these recognitions, including those from overseas, were conferred upon the institution despite the presence of only 1 or 2 professors in a faculty of over 100. This only proves the obvious: that the strength and recognition of a training programme depends on the quality of its content and the ability and the competence of the faculty, rather than the mere presence of onerous titleholders.