50 min
Episode 193 - Why is foreign investment critical to Pakistan's economic success? Pakistonomy
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- News
Uzair talks to M. Abdul Aleem about the role of foreign investment in Pakistan’s economy and the key reforms that foreign investors would like to see in the country. We also talked about what leading executives look for in emerging talent, and the key pain points faced by foreign investors in Pakistan.
Mr. Muhammad Abdul Aleem is the CEO and Secretary General of Overseas Investors Chambers of Commerce & Industry (OICCI). OICCI is the oldest (since 1860) chamber of commerce in Asia.
OICCI’s members comprising of 210 foreign investors collectively contribute about one third of the total tax revenue of Pakistan besides being the leader in transfer of technology and investment.
Mr Abdul Aleem has worked in senior positions in both Exxon Chemicals and Engro Corporation, serving in Pakistan and Singapore. Thereafter, he worked with British American Tobacco Group UK (BAT) in Pakistan and overseas, where he ultimately served as CEO of BAT Operations in Cambodia, Mauritius, and Indian Ocean territory. Since 2004, he has served in senior positions with large Government-owned organizations in Pakistan and his last assignment was as the Managing Director, Pakistan State Oil Company Ltd.
Chapters:
0:00 Introduction
4:30 The role of foreign investors
13:30 Key issues and solutions for the economy
22:20 Why are investors kept away from policymaking?
26:40 Key traits for emerging talent
33:25 Learning from failure
36:40 Reform priorities
42:40 Judicial reforms
46:05 Reading recommendations
Reading Recommendations:
- CEO Excellence by Carolyn Dewar, Scott Keller, and Vikram Malhotra
- Prosperity: Better Business Makes the Greater Good by Colin Mayer
Uzair talks to M. Abdul Aleem about the role of foreign investment in Pakistan’s economy and the key reforms that foreign investors would like to see in the country. We also talked about what leading executives look for in emerging talent, and the key pain points faced by foreign investors in Pakistan.
Mr. Muhammad Abdul Aleem is the CEO and Secretary General of Overseas Investors Chambers of Commerce & Industry (OICCI). OICCI is the oldest (since 1860) chamber of commerce in Asia.
OICCI’s members comprising of 210 foreign investors collectively contribute about one third of the total tax revenue of Pakistan besides being the leader in transfer of technology and investment.
Mr Abdul Aleem has worked in senior positions in both Exxon Chemicals and Engro Corporation, serving in Pakistan and Singapore. Thereafter, he worked with British American Tobacco Group UK (BAT) in Pakistan and overseas, where he ultimately served as CEO of BAT Operations in Cambodia, Mauritius, and Indian Ocean territory. Since 2004, he has served in senior positions with large Government-owned organizations in Pakistan and his last assignment was as the Managing Director, Pakistan State Oil Company Ltd.
Chapters:
0:00 Introduction
4:30 The role of foreign investors
13:30 Key issues and solutions for the economy
22:20 Why are investors kept away from policymaking?
26:40 Key traits for emerging talent
33:25 Learning from failure
36:40 Reform priorities
42:40 Judicial reforms
46:05 Reading recommendations
Reading Recommendations:
- CEO Excellence by Carolyn Dewar, Scott Keller, and Vikram Malhotra
- Prosperity: Better Business Makes the Greater Good by Colin Mayer
50 min