ICI Pakistan, Cogent Breeding join hands

LAHORE (PR): Today (Wednesday) marked the beginning of a week of seminars and meetings to be held by ICI Pakistan Limited with livestock breeders in Sargodha, Sahiwal, Khanewal and Multan to exclusively launch world-leading bovine genetics for livestock breeders across Pakistan. This development follows a strategic collaboration between ICI Pakistan Limited and Cogent Breeding Ltd, UK.

In addition to bringing mutual benefits to both companies, the partnership stands to greatly benefit the Pakistani livestock industry.

The synergy between the two companies will see ICI Pakistan exclusively import and distribute Cogent’s high quality bovine semen through ICI Pakistan Limited’s extensive national distribution network. A state-of-the-art production facility will also be established in Pakistan.

Vice President Life Sciences and Strategy, ICI Pakistan Limited, Samie Cashmiri, said: “We are delighted to embark on this venture with Cogent Breeding Ltd, a renowned leader and pioneer in the field of artificial insemination and genetics. This project brings ICI Pakistan’s life sciences business closer to becoming a complete dairy farm management solutions provider. It aligns well with our company’s current extensive portfolio of animal health products, as well as our overarching goal of cultivating growth.”

John Cochrane, International Sales Manager said: “We have been developing this project with our colleagues at ICI Pakistan Limited for some time and are looking forward to launching our product. Working alongside ICI Pakistan Limited not only leverages Cogent’s commitment to promoting the very best in bovine genetics, but our combined expertise will ensure that farmers and livestock breeders throughout Pakistan have access to innovative solutions that add profitability to their businesses.”


Dr Ayesha joins Acumen’s Pak team

KARACHI (PR): Acumen, the global non-profit social impact venture fund, continues to strengthen its team in Pakistan with the appointment of Dr Ayesha K Khan as Associate Director for Portfolio. Dr Khan previously worked as the head of strategy at one of the largest banks in Pakistan. She has also worked in New York as a management consultant with McKinsey and Company, and at UNDP.

Naeem Zamindar, Country Director Acumen Pakistan, said, “We are excited about Ayesha joining our team because she is passionate about unleashing the force of entrepreneurship towards achieving Acumen’s vision of prosperity for all Pakistani citizens. Her rigorous thought process and understanding of how to build successful businesses will bring leadership that will help build a world class social impact venture investing team.”

Dr Khan added, “Globally, Acumen is synonymous with social entrepreneurship and driving the engine of development. I’m extremely excited to be part of this incredible organization and am confident that we can create real sustainable progress and change in Pakistan.”

Dr. Khan holds a doctorate from the prestigious Harvard Business School, where she focused on understanding how to build successful businesses in emerging markets. She has authored case studies and published several articles focused on emerging markets. Dr. Khan also holds a Masters in International Development (MPA-ID) from the Harvard Kennedy School; she completed her undergraduate degree in Economics from Princeton University.


Meezan ‘Islamic bank of the year 2016’

KARACHI (PR): Meezan Bank, Pakistan’s first and largest Islamic bank, has been awarded as the winner of ‘Pakistani Islamic Bank of the Year 2016’ by The Banker, a service from the Financial Times Ltd., London that provides economic and financial intelligence for the world’s financial sector.

Meezan Bank has been recognized for its success in promoting Islamic banking in the region and maintaining a strong market position throughout the year 2015. The Bank has been acting as a joint financial adviser to the Government of Pakistan for raising Shariah-compliant funds through Ijarah Sukuk and has played a key role in the launch of All Shares Islamic Index with the Karachi Stock Exchange (KSE). The Bank is also working on developing an Islamic benchmark rate, an Islamic long-term trade financing scheme and an Islamic discount window. These achievements and initiatives have reiterated the Bank’s leadership position in Pakistan’s Islamic banking industry in The Banker’s in-depth financial sector analysis.

On the retail side, Meezan Bank has been recognized for the launch of Meezan Upaisa- World’s first Islamic Branchless Banking service, launched in collaboration with Ufone, an Etisalat group company, for encouraging financial inclusion among those unable to access traditional banking channels in the country.

The Banker’s recognition of Meezan Bank’s culture of excellence and performance further upholds the Bank’s status as the leader of Islamic banking in Pakistan.


Gerry’s launches Turkish visa drop box service’

KARACHI (PR): Gerry’s Visa Drop Box has launched ‘Turkish Visa Drop Box Service’ from its nationwide offices, including Islamabad, Karachi and Lahore. Now, applicants will have the convenience of applying for Turkish visa through one window, with the ease of all related value added services readily available at the premises.

With the inclusion of Turkish visa submission through its application centres, Gerry’s visa drop box will now be serving 24 missions in Pakistan.

Gerry’s Group Managing Director, Akram Wali Muhammad said:, “We are extremely honoured and humbled by foreign missions’ continued trust in the quality and integrity of our service and we are very sure that through extending this facility for Pakistanis travelling to Turkey, we would be able to support Pakistan and Turkey’s long lasting good relations and bilateral activities. “

Being the pioneer and the largest visa application processing service provider in Pakistan, Gerry’s Visa Drop Box provides for almost all major countries in the world.