Dr Hassan is the 27th member of LEAD's Board that
has been served by some renowned figures such as Omar Asghar Khan
(late), Dr Shoaib Sultan Khan, Dr Parvez Hassan, Dr Akmal Hussain,
Mr Altaf M Saleem, and Syed Ayub Qutub.
The Government of Pakistan [GOP] appointed Dr
Hassan as SECP's Chairman in August 2003. He has gained extensive
experience of corporate and capital market reforms during his 28
years career spanning private corporate law practice and development
law work in international financial institutions and with the GOP.
He has worked in Pakistan, USA, Italy and UK in both private and
public sector as an advocate, consultant, adviser and educationist.
APTMA appreciated the performance of Police Help
Line which has shown a quick and timely action to one of the APTMA
members in a case of theft in DHA. The Chairman Aptma, in his
message to Mr. Tariq Jameel, C.C.P.O., Karachi, has paid gratitude,
in particular, to the Police Officers/Staff of Defence Police
Station, who have been very cooperative and vigilant by arresting
the culprits red-handed.
He added that the industrialists should be
accommodated likewise so that they may divert their best efforts for
improving economic conditions in the country and this could only
happen if they be provided full peace of mind and security. APTMA
looked forward to even better security arrangements in DHA and other
localities to be ensured by the Sindh Police.
APTMA APPRECIATES RELEASE OF SECURITY/MARGIN
Mr. M. Waqar Monnoo, Chairman Aptma, has lauded
the instructions issued to commercial banks by the State Bank of
Pakistan vide BPD Circular No.23, dated July 06, 2004 advising them
to release security/margin held against the bank guarantees even
when these guarantees stand expired/ineffective. He thanked the SBP
senior authorities, in particular, Mr. Mansoor-ur-Rehman, Executive
Director, Banking Policy Department and Mr.Kamran Shehzad, Director,
BPD for providing relief to the aggrieved borrowers on the
representation made by APTMA members.
Mr. Monnoo hoped that the lending banks would
implement soon the provision of the new circular and start releasing
the securities of their customers held without assessing their
effectiveness. He requested the banks to promote industrialization
in the country by adopting the same zeal and visionary approach as
the honorable Governor, SBP, Dr. Ishrat Hussain, has been focusing
ever since he resumed charge of the Central Bank.
PRESTON STUDENT WINS 'PARLIAMENTARY INTERNSHIP'
Fawad Zia, a student of MS-IT at the Peshawar
Campus of Preston University has been selected for a two month
internship (beginning July 1, ending August 31,2004) with the
National Assembly __ the lower house of Pakistan's Legislature. The
internship has been organized by the Pakistan Institute of
Legislative Development and Transparency (PILDAT), Lahore under its
Parliamentary Internship Program (PIP) 2004.
Nominations from all public and private
universities of Pakistan were solicited by PILDAT for PIP 2004.
Fifty two chartered and recognized (public and private) degree
awarding Institutes and Universities from across the country
consented to participate in the internship program, and offered the
services of their students for the purpose.
Out of hundreds of nominations filed by the above
52 respective public and private sector institutions of higher
learning, learning , Prestonian Fawad Zia was selected as one of the
interns for PIP, after a very tough scrutiny and competition. The
Chancellor and president Preston University, Dr. Abdul Basit
congratulated Fawad on the achievement of this important milestone
for himself and for his institution. He also profoundly eulogized.
He also profoundly and democratic Institutions in Pakistan.
ASKARI COMMERCIAL BANK LIMITED AWARDS CALL CENTER
PROJECT TO TERADATA
Teradata, a division of NCR Corporation (NYSE:
NCR), announced that it has signed an agreement with Askari
Commercial Bank Limited (CABLE) to provide a data warehouse solution
that includes hardware, software and consulting services. The new
Teradata technology will enable CABLE to grow beyond its traditional
business line of commercial banking and serve a new market segment -
consumer banking customers.
One of ACBL's first initiatives is to leverage
the power of the Teradata data warehouse to develop a telephone call
center to respond to the banking needs of individual customers. To
support this initiative, the bank's customer and business data will
be consolidated into a centralized Teradata data warehouse capable
of performing a sophisticated analysis of large volumes of data
without affecting performance. The resulting business intelligence
will provide a new understanding of customers' banking habits and
financial needs, enabling the bank to improve customer service and
provide more competitive financial products.
"Askari Bank made a commitment to better
understand its customers and seek new ways to offer superior
service, "said Kalim ur Rahman, president, ACBL. "One way
to offer better service is to provide customers the convenience of
24-hours-a-day, week telephone banking service. Teradata will
provide the bank with the necessary tools to meet its commitment to
serve its valued customers."