Page 3 - Newsletter-May-2016

Governance, Transparency and Service to Members & Students www.icap.org.pk the panelists included Abrar Mir, chief Innovation and Ali, group head Corporate and Investment Banking, Financial inclusion officer HBL; Sadaffe Abid, co-founder Meezan Bank Limited and Veqar Ul Islam, CEO and CIRCLE and Social Entrepreneur in Residence INSEAD; director, Jaffer Business Systems. Whereas in Lahore, and Naeem Zamindar, country director, Acumen Fund. the debaters were Farhan Ullah Khan, chief financial The Lahore panelists included Badar Khushnood, officer at Allied Bank Limited and Syed Owais Zaidi, country representative, Twitter; Zohair Yousafi, head of founder and chief product officer at Creditfix.pk. The Expansion, Uber Pakistan and Yasir Masood, executive debate was moderated by Hassan Bin Rizwan who director Finance, Cherat Cement Company. The session was also the master of ceremony for the event. Hassan was moderated by Hammad Siddiqui, Country Director, managed to keep the Karachi and Lahore audience CIPE in Karachi and Furqan Qureshi, facilitator and engaged throughout the Conference with his confident, management consultant in Lahore. informal style. Khalilullah Shaikh, chairman PAIB Committee, ICAP The closing remarks in Karachi, were presented by said that “In today’s business environment, shrouded Yacoob Suttar, past president ICAP and deputy with unprecedented pace of transformation and managing director and CFO, Pakistan State Oil. He unpredictability, Change is the new Normal. In such appreciated the PAIB Committee and ICAP staff for their a VUCA environment, where rules change mid-game, effort and thanked the Conference media partners and organisations as units, and managers as individuals, are sponsors for making this event a success. striving to stay afloat and aligned.” Shaikh said while “such an environment posed multifarious challenges, CFO Conference 2016 focused on adaptation of it also opened doors of innovation, unexplored arenas technology such as man-less registration process aided and newer opportunities. This is exactly what the CFO by vending machines, drone cameras for aerial view Conference 2016 is all about – Defining New Frontiers, of video and pictures, 3D printer available on spot and It’s a VUCA World: Adapt-Innovate-Excel.” live streaming. The digital strategy allowed for better interaction with the audience at large mainly through Khalilullah Shaikh announced the winners of the most the launch of Battle of Brains quiz on Facebook, the awaited Professional Excellence Awards 2016 with a winners of which were awarded at the Conference. quote from Aristotle: “Excellence is never an accident. It is always the result of high intention, sincere effort, and United Bank Limited was the Platinum sponsor for the intelligent execution; it represents the wise choice of many event while Meezan Bank and Al-Meezan Investments alternatives – choice, not chance, determines your destiny.” sponsored the lunch. Gold sponsors included K-Electric, Lawrencepur, MARSH, DHA City and Warid while The winner was Synthetic Products Enterprise Silver sponsors included Adamjee Insurance, Engro Limited for adaptation of ‘behavioural finance’ in their Corporation, Indus Motor Company, Millat Tractors organisation. K-Electric scored the second position for Limited, PSO, TCS and National Foods. The Conference ‘$415 million financing for Transmission Enhancement was produced by TerraBiz and media partners included and Distribution Projects.’ Business Recorder, ARY digital and Symmetry. Nadeem Hussain, founder, former CEO and president, ICAP PAIB Committee has been organising the CFO Tameer Microfinance Bank Limited shared the Conference since 2010 which now has become a management perspective on the theme Adapt- flagship event of the Institute. ICAP PAIB committee Innovate-Excel. An interactive case discussion was is recognised at IFAC level with past president ICAP, conducted by Khalid Aziz Mirza about the pitfalls Yacoob Suttar honoured as the deputy chair at IFAC’s and successful strategies. Kamran Rizvi, inspirational Advocacy Group. International participation of speakers speaker and OD specialist, conducted a session on from IFAC and IFAC-PAIB in the conferences as well the Discovering Inner-self followed by a speaker session by active participation of ICAP representatives in IFAC-PAIB Aftab Mahmood Butt, CEO, KAPCO who talked about Committee have resulted in ICAP PAIB being considered Leadership Strategies and Bridging the Talent Gap. as a model for the other accountancy bodies. The ICAP PAIB Committee is committed to make continuous In Lahore, Farhad Karamally, Global OD Funcilitator, enhancements in its role to cater to the professional Business Coach and CEO, Funverks Global conducted accountants serving in commerce, industry, education, an interactive session on Challenging Imagination in a finance, private and public sector in Pakistan. VUCA World. Around 1,500 business and finance leaders from over The Conference ended with an interesting debate on 400 organisations across the country attended the CFO Finance and IT – Who’s the Boss between Syed Amir Conference 2016 in both cities. May 2016 3