Pakistan’s Investment agency BOI gets a new chairman.
On September 2018, Government of Pakistan has appointed Mr. Haroon Sharif as chairman Board of Investment (BoI), a one window facility for promotion of local and foreign direct investment. He succeeds Naeem Zamindar who was appointed by the PML-N government in November 2017 from the private sector and resigned in June this year.
BoI is required to assist local and international investors and helps them build joint ventures in the country. The Board of Investments (BOI), a member of the World Association of Investment Promotion Agencies, is an investment promotion agency that assists companies planning to invest in Pakistan and those planning to expand their already existing Pakistani operations.
The new chairman is a well-known global expert of economic policy, international development, economic diplomacy and financial markets who worked as the Regional Advisor to the World Bank Group for promoting economic cooperation in South and Central Asia and was involved in the execution of CASA-1000 and Islamabad-Kabul-Dushanbe Expressway.
Haroon is currently a senior fellow of the British Council for promoting regional knowledge and leadership networks between the UK and Pakistan as well as a visiting fellow at the National Defence University.
He previously headed the Economic Growth Group at UK’s Department for International Development (DFID) for ten years, managing a portfolio of 500 million pounds. He also had a three-year stint as the Executive Director of the Securities and Exchange Commission of Pakistan.
Haroon holds postgraduate qualifications in international business and development economics from the London School of Economics and Political Science as well as the University of Hawaii, USA.
Synergy Business Consulting is hopeful that under his leadership BOI will initiate activities to assist local and foreign investors and will turn BOI an actual one stop shop for investors.