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, MCB’s
cash recoveries are likely to break last year’s 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 it’s ATM services and
Rupee Travellers Cheques products and strives to provide quality service
to its customers countrywide.
Foreign Bank Launches Hi-Tech Rupee Travellers
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 Bank’s 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 Bank’s 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
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
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.