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Staff Report

Renowned investment banker Naeem Zamindar appointed BOI chairman

Published on: November 18, 2017 1:26 AM

ISLAMABAD: With a vision to promote Pakistan as an attractive destination for investors, Naeem Y Zamindar on Friday joined Board of Investment (BOI) as chairman after the cabinet approved the appointment.

According to BOI spokesperson, the new chairman would report to the Prime Minister, and the decision was approved during the meeting of Cabinet Committee on China-Pakistan Corridor (CPEC) with Prime Minister Shahid Khaqan Abbasi as chair.

A result driven professional with experience in venture capital and business development, Naeem has on his credit the setting up of Pakistan fund initiative as Acumen Pakistan chief executive officer. Previously, Naeem had served as Wateen Telecom CEO; Mobilink (now Jazz) CEO, and a senior investment manager at Intel Capital in Silicon Valley, where he was involved in over 20 investments in high tech firms. He is a professional certified by the State of Washington as a CPA and has an MBA from the prestigious INSEAD Business School.

“My vision is to promote and enable Pakistan as an attractive investment destination,” the spokesman quoted him as saying upon joining as the new head of BOI. “I will work towards catalysing investments into priority areas that will fundamentally enable a happier life for its citizens, especially sectors where technology can play a disruptive role, like in education, healthcare, energy and agriculture,” he vowed.”I strongly believe that Pakistan has the opportunity to leapfrog the development cycle because of the technology revolution and entrepreneurship,” he added.

Published in Daily Times, November 18th 2017.

Filed Under: Business

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