A Memoir of Institute’s activities and programs for professional development and corporate networking April 2017 I Vol: 17.4

National Council Dear Members, I am pleased to present the April 2017 issue of e-Newsletter which covers the Office Bearers monthly activities of the Institute’s head office and its Centres/Campuses President all over . Mohammad Iqbal Ghori, FCMA The most prominent national event that was organized by the Institute during Vice President this month was ‘SAFA International Conference’. This mega event was Anis ur Rehman, FCMA inaugurated by H.E Mamnoon Hussain, President, Islamic Republic of Pakistan Honorary Secretary and participated by delegates from the SAARC countries and Afghanistan, foreign diplomats in Pakistan, government officials and representatives Khawaja Ehrar ul Hassan, FCMA of trade industry. The Federal Finance Minister, Mr. Mohammad was Honorary Treasurer the Chief Guest at the concluding session of the conference. This event Mohammad Iqbal Ghori, FCMA Saghir ul Hassan Khan, FCMA helped immensely in the image building of the Institute and highlighted its President, ICMA Pakistan and Chairman Research and Members dynamic role in fostering increased cooperation among the regional accounting Publications Committee bodies to take joint initiatives for meeting the economic challenges in the Raheel Asghar Ginai, FCMA SAARC region. Zia ul Mustafa Awan, FCMA The Council of the institute is committed to enhance the capabilities of its members and broaden their vision Kashif Mateen Ansari, FCMA so that they can strive for challenging roles at the national, regional and global levels. A number of other events are being planned, specially a seminar on China Pakistan Economic Corridor (CPEC) at Lahore, the Waqar Ali Khan, FCMA details of which shall be communicated in due course of time. Government Nominees I hope that you will find this issue of e-Newsletter worth reading. Please share your comments Jameel Ahmad on [email protected]. Deputy Governor, State Bank of Pakistan Dr. Talat Imtiaz Mohammad Iqbal Ghori, FCMA Deputy Auditor General of Pakistan Sumaira K. Aslam Dy. Chief Cost Accounts Officer, MoF NationalNational EventsEvents Research & Publications SAFA International Conference Committee Islamabad| April 28 & 29, 2017

Mohammad Iqbal Ghori, FCMA, Chairman Mian Nisar Ahmad, FCMA Hamad Rasool Bhullar, FCMA Faisal Shafique, FCMA Syed Hassan Ahmed Al-Ahdal, FCMA , FCMA Syed Zulfiqar Ali Shah, FCMA Shoaib A. Tirmazi, ACMA Zulfiqar Ali Mehto Jawad Hamid Malik Tanvir Shahzad Editorial Board ICMA Pakistan organized an impressive International Conference of South Asian Federation of Accountants (SAFA) Chief Editor at Islamabad which was inaugurated on 28th April 2017 by the hon’ble Mamnoon Hussain, President, Islamic Republic of Pakistan. The Federal Finance Minister, Mohammad Ishaq Dar was the ‘Chief Guest’ at the concluding Mohammad Iqbal Ghori, FCMA session of the conference on 29th April 2017. The high-profile event was attracted by accounting professionals, Chairman, Research & Publications Committee experts, economists, policy makers, diplomats and representatives of trade and industry. The conference dwelled Editor upon ways and means for bracing economic challenges faced by the SAARC region. The SAARC delegation that Shahid Anwar, Joint Director visited Pakistan for the conference was led by Mr. ASM Nayeem, President SAFA. Research & Publications Directorate The SAFA conference comprised of three technical and panel discussion sessions, respectively where speakers Email: [email protected] and panelists from Pakistan and SAARC countries made presentations and deliberated on different sub-themes. Contact: + 92 21 99243900 Ext 107 / 117 Renowned personalities that chaired these sessions included Mr. Saleem Mandviwalla, Chairman, Senate Committee on Finance; Mr. Jameel Ahmed, Deputy Governor, State Bank of Pakistan and Mr. Ashfaq Yousaf Tola, Inside President Tola Associates. The foreign delegates who represented as speakers and panelists were Mr. Lasantha Wickremasinghe, President CA Sri Lanka; Mr. Nadeem Yousuf Adil, President, ICA Pakistan; Mr. Mohammed Salim, National Events Vice President ICMA Bangladesh; Mr. CA. Prakash Jung Thapa, Vice President, ICA Nepal; Prof. Lakshman R Center / Campus Activities Watawala; President ICMA Sri Lanka; Mr. Jagath Perera (Sri Lanka) and Mr. Szymon Radziszewicz, Advisor to Directorates’ Activities Ministry of Finance of Afghanistan. Newsletter

Vol: 17.4 I April 2017

Mr. Mohammad Iqbal Ghori, President ICMA Pakistan in his speeches at the inaugural and concluding sessions highlighted the pivotal role of ICMA Pakistan in enhancing regional interaction at SAARC and Asia-Pacific for synergizing the professional accounting community to contribute towards socio-economic growth and bring improvement in financial structure. He appreciated the present economic policies and remarked that in the wake of CPEC, Pakistan is now turning into a ‘land of opportunities’ for global investors. He remarked that today’s’ Pakistan is different from the past as society is transforming and people are complementing in economic development. He stated that management accountants can play an effective role in pricing of utility items in regulated sector in the interest of common consumer. He emphasized upon the government to take CMAs on board in ‘Advisory roles’ in government so that they can use their technical skills in bringing economic efficiency.

CenterCenter / Campus / Campus Activities Activities

KARACHI / HYDERABAD Center / Campus Activities

Mentoring Session for Prospective Students Karachi| April 22, 2017 ICMAP South Region organized a Mentoring Session for Prospective Students on April 22, 2017 at Karachi for prospective students. The purpose of seminar was to aware students and their parents about admission program, future prospects and methods of setting career goals. The event was honored by Khawaja Ehrar-ul-Hasan, Honorary Secretary of ICMA Pakistan; Mr. Muhammad Kamran Jamil, Director CPD & CR&C and Mr.Lal Muhammad Lakhan, Acting Director South Region. Mr. Arshad Imran was the guest speaker on this occasion.

Pre-Budget Seminar Karachi| April 7, 2017 Karachi Branch Council (KBC) organized a ‘Pre-Budget Seminar 2017-18’ in collaboration with the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on April 07, 2017 at FPCCI, Federation House, Karachi. The objective was to collect suggestions from the economists, budget experts and business community. Prominent speakers included Mr. Shakil Ahmed Dhingra, Chairman, FPCCI Standing Committee on FBR Affairs; Mr. Shahid Hassan Siddiqui, Economist; Syed Shabbar Zaidi, Senior Partner and Chairman, A.F. Ferguson & Co., Mr. M. A Lodhi, former council member, ICMA Pakistan. The seminar was attended by around 85 participants including members, students and officials of the different companies & FPCCI secretariat.

Career Counseling Seminar Karachi| April 15, 2017 ICMA Pakistan South Region organized a Career Counseling Seminar on April 15, 2017 at Karachi for prospective students. The purpose was to aware students about admission program, future prospects and methods of setting career goals. Mr. Muhammad Kamran Jamil, Director Corporate Relations and CPD was the chief guest and Mr. Waseem Ahmed, Director Finance ICMA Pakistan was the guest of honor.

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 2 Newsletter

Vol: 17.4 I April 2017

Career Grooming Workshop Karachi|April 10 - 15, 2017 Karachi Branch Council (KBC) organized six-day’s workshop on ‘Career Grooming for Finance Students’ from April 10 to April 15, 2017. The objective was to enhance the overall skills and understanding of accounting and taxation in the students to help them in employment. The prominent speakers were Mr. Faisal Mobin, ACMA, Syed Jawwad Ahmed, ACMA, Mr. Muhammad Fahad, ACMA, Ms. Itrat Rehman, ACMA, Mr. Muhammad Rizwan Ameen, ACMA and Mr. S.M. Farrukh, Faculty, University of Karachi. The workshop was attended by members, students and officials of different companies.

LAHORE Center / Campus Activities

Workshop on ‘Excellence in Excel’ Lahore| April 11 - 15, 2017 Lahore Branch Council (LBC) organized a workshop from April 11 to 15, 2017 on ‘Excellence in Excel’ which covered information on dashboards, tips & tricks, financial and non-financial tools and techniques. Mr. Tahir Mahmood Fazal was the course leader of the workshop.

Workshop on ‘Audit Working Papers Review Techniques’ Lahore| April 20, 2017 Lahore Branch Council (LBC) organized a workshop on ‘Audit Working Papers Review Techniques’ on April 20, 2017. Mr. Muhammad Hussain, FCMA, Director Central Region and participants attended the workshop.

Technical Session on ‘Economic Measures & Fiscal Budget 2017-18’’ Lahore| April 21, 2017 Lahore Branch Council (LBC) organized a technical session on ‘Proposals for Economic Measures and Fiscal Budget 2017- 18’ on April 21, 2017. The objective was to hold consultation with different stakeholders and seek their valuable input for developing Budget and Trade Policy. Mr. Muhammad Yasin, FCMA, Chairman LBC, was the master of ceremony. Prominent among those who participated include Mr. Salman Haider, FCMA, Convener CPD Committee LBC; Mian Muhammad Yasin Asghar, ACMA, Secretary CPD LBC; Mirza Munawar Hussain, FCMA; Mr. Abdul Razzaq, FCMA; Mr. Nadeem Butt, FCA and Mr. Muhammad Javed Iqbal, FCMA.

Workshop on ‘Advance Excel’ Lahore| April 27 - 31, 2017 Lahore Branch Council (LBC) organized a workshop on ‘Advance Excel’ on 27 and 31 April 2017 which covered financial and non-financial tools and techniques. Mr. Tahir Mahmood Fazal was the course leader of the workshop.

MULTAN Center / Campus Activities

Tax Awareness Seminar Multan| April 08, 2017 Multan Branch Council (MBC) organized a seminar on ‘Tax Awareness’ in collaboration with Public Procurement Regulatory Authority (PPRA) on April 08, 2017. The objective was to highlight the role of PPRA and the importance of taxes for the economic growth. The Commissioner PPRA was the Chief Guest on the occasion. The main speakers were Mr. Shabir Fakhar uddin, member, Multan Tax Bar; Mr. Raees Humayun, Additional Commissioner PPRA and Mr. Mansha Yousaf, Deputy Director Multan center.

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 3 Newsletter

Vol: 17.4 I April 2017 Directorates’Directorates’ Activities Activities CPD &CORPORATE RELATIONS CORPORATE RELATIONS Special Activity

Vice President’s Discussion with members on Role of Management Accountants Competition Commission of Pakistan (CCP) Conductedgeneral awareness in the Development of Economy 1st April 2017 |Karachi seminar on 'Competition Law'| 3rd April 2017 |Karachi

Memorandum of Understanding

ICMA Pakistan joined hands with Wemyt Private Limited under Corporate Partnership Scheme | 19th April 2017 |Karachi

Corporate Meetings - Karachi

Al-Ameen Funds |4th April 2017 Atlas Honda Limited | 4th April 2017 B. Braun Pakistan (Pvt.) Limited| 11th April 2017

Deputy Director, CPD and Deputy Director, Corporate Deputy Director,CPD and Deputy Director, Corporate Muhammad Kamran Jamil, Director Corporate Relations Relations ICMA Pakisan presenting souvenir to Relations, ICMA Pakisan presenting souvenir to & CPD ICMA Pakisan presenting souvenir to Ms. Mr. Shahid Gul Muhammad Motiwala, Chief Executive Muhammad Ehsan, Head of Human Resource Atlas Nausheen A. Aziz Senior Manager HR & Admin B. Officer Al-Ameen Funds . Honda Limited. Braun Pakistan (Pvt) Limited.

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 4 Newsletter

Vol: 17.4 I April 2017

Corporate Meetings - Karachi

Indus Pencil Industries (Pvt.) Limited Martin Dow Limited | 11th April 2017 11th April 2017 UBL Fund Managers|11th April 2017 Muhammad Kamran Jamil, Director Corporate Relations Muhammad Kamran Jamil, Director Corporate Relations Muhammad Kamran Jamil, Director Corporate Relations & CPD ICMA Pakisan presenting souvenir to Mr. Rustom & CPD ICMA Pakisan presenting souvenir to Mr. Naeem & CPD ICMA Pakisan presenting souvenir to Mr. Raheel J. Boga, Group Associate Director Corporate Akhter Yousuf Chief Executive Officer, Indus Pencil Nabi, Digital and Communication Manager Marketing, Communication, Martin Dow Limited. Industries (Pvt) Limited. UBL Fund Manager.

NBP Fullerton Asset Management Limited Atlas Asset Management Limited |11th April 2017 Lucky Cement Limited (LCL)|12th April 2017 12th April 2017 Muhammad Kamran Jamil, Director Corporate Relations Director Corporate Relations (First Left) Group Photo Muhammad Kamran Jamil, Director Corporate Relations & CPD ICMA Pakisan presenting souvenir to Mr. during the corporate visit at Lucky Cement Limited . & CPD , ICMA Pakisan presenting souvenir to Dr. Amjad Muhammad Sohaib Azam Assistant Manager Marketing Waheed, CEO NBP Fullerton Asset Management & Sales Training, Atlas Asset Management. Limited (NAFA).

Pak-Qatar Family Takaful Limited (PQFTL) Alfalah GHP Investment Management Limited Port Qasim Authority (PQA)|17th April 2017 17th April 2017 21st April 2017

Muhammad Kamran Jamil, Director Corporate Relations Muhammad Kamran Jamil, Director Corporate Relations Muhammad Kamran Jamil, Director Corporate Relations & CPD, ICMA Pakisan presenting souvenir to Mr.Ahsan & CPD , ICMA Pakisan presenting souvenir to Mr. Furruk & CPD, ICMA Pakisan presenting souvenir to Mr. Javed Chishty Head of Sales Marketing Executive Vice Jamil, Director General (Finance), Port Qasim Authority Nameer Khan, Head of Marketing & Corporate President, Alfalah GHP Investment Management Limited. (PQA). Communication, Pak-Qatar Family Takaful.

Senate’s Finance Committee Meeting 6th April, 2017 | Islamabad

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 5 Newsletter

Vol: 17.4 I April 2017

Nationswide CR&C Activities (24th March 2017 – 24th April 2017)

Sr. Name of Organization Description of Activities 1 Al-Ameen Islamic Financial Services (Pvt.) Limited Held Corporate Meeting / Sponsorship 2 Vector Securities (Pvt.) Limited Held Corporate Meeting / Sponsorship 3 Atlas Honda Limited Held Corporate Meeting / Sponsorship 4 Pakistan Stock Exchange Limited (PXS) Held Corporate Meeting / Sponsorship 5 Soorty Enterprises (Pvt.) Limited Held Corporate Meeting / Sponsorship 6 B. Braun Pakistan (Pvt.) Limited Held Corporate Meeting / Sponsorship 7 Martin Dow Limited Held Corporate Meeting / Sponsorship 8 Lucky Cement Limited (LCL) Held Corporate Meeting / Sponsorship 9 Wemyt Private Limited Held Corporate Meeting / Sponsorship 10 AKD Securities Limited Held Corporate Meeting / Sponsorship 11 NBP Fullerton Asset Management Limited (NAFA) Held Corporate Meeting / Sponsorship 12 Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Held Corporate Meeting / Sponsorship 13 UBL Funds Managers Held Corporate Meeting / Sponsorship 14 Atlas Asset Management Limited Held Corporate Meeting / Sponsorship 15 Hamdard Laboratories (Waqf) Pakistan Held Corporate Meeting / Sponsorship 16 Zeal-Pak Cement Factory Limited Held Corporate Meeting / Sponsorship 17 Port Qasim Authority (PQA) Held Corporate Meeting / Sponsorship 18 Yamaha Motor Pakistan (Pvt.) Limited Held Corporate Meeting / Sponsorship 19 Alfalah GHP Investment Management Limited Held Corporate Meeting / Sponsorship 20 Indus Pencil Industries (Pvt.) Limited Held Corporate Meeting / Sponsorship 21 Din Capital Limited Held Corporate Meeting / Sponsorship 22 The General Tyre& Rubber Company of Pakistan Limited Held Corporate Meeting / Sponsorship 23 Prime Human Resource Services (Pvt.) Limited Held Corporate Meeting / Sponsorship 24 Pak-Qatar Family Takaful Limited (PQFTL) Held Corporate Meeting / Sponsorship 25 Dellsons Associates Held Corporate Meeting / Sponsorship 26 Coca-Cola Beverages Pakistan Limited Held Corporate Meeting / Sponsorship 27 Millat Tractors Limited Held Corporate Meeting / Sponsorship 28 Haleeb Foods Limited Held Corporate Meeting / Sponsorship 29 Sui Northern Gas Pipeline Limited (SNGPL) Held Corporate Meeting / Sponsorship 30 JS Bank Held Corporate Meeting / Sponsorship 31 Allied Bank Limited Held Corporate Meeting / Sponsorship 32 The Bank of Punjab Limited Held Corporate Meeting / Sponsorship 33 Pak Electron Limited Held Corporate Meeting / Sponsorship 34 Mughal Steel Mills Limited Held Corporate Meeting / Sponsorship 35 Mitchell's Fruit Farm Limited Held Corporate Meeting / Sponsorship 36 StyloShoes (Pvt) Ltd Held Corporate Meeting / Sponsorship 37 Innovative Biscuits (Pvt) Limited Held Corporate Meeting / Sponsorship 38 Jubilee General Insurance Company Limited Internship / Placement Provided 39 Muller & Phipps Pakistan (Pvt.) Limited Placement Provided 40 The Engro Coal Mining Company Placement Provided 41 TCS Express & Logistics Placement Provided 42 MIMA Group Placement Provided 43 Dewan Motors Group Placement Provided 44 Dr. ZiauddinGroup ofHospitals Placement Provided 45 Defence Group Placement Provided 46 Global Technologies & Services Placements Provided 47 MCR (Pvt.) Limited Placement Provided 48 Badar Expo Solutions (Pvt.) Limited Placement Provided 49 University of Management Technology Lahore Placement Provided 50 Advance Fashion (Pvt.) Ltd Internship Provided 51 TMRAC & Co. Internship Provided 52 Sapphire Textile Mills Limited Placement Provided 53 Shadman Cotton Mills Limited Placement Provided 54 Suraj Cotton Mills Limited Placement Provided 55 Griffin Nagda& Company Conducted Walk-in-Interview 56 Close Group Discussion Held Session on Role of Management Accountants 57 Seminar on 'Competition Law' Held Seminar for ICMA Students NATIONSWIDE CR&C ACTIVITIES NATIONSWIDE

Research and Publications R&P Meeting of Research and Publications Committee Nation-wide | April 19, 2017 The second meeting of the Research and Publications Committee was held through video-link facility on April 19, 2017 under the chairmanship of Mr. Mohammad Iqbal Ghori, President ICMA Pakistan. The Committee approved the Pre-Budget proposals 2017-18 developed by the R&P directorate for submission to the Government. The committee also reviewed the ongoing tasks of the Research Directorate.

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 6 Newsletter

Vol: 17.4 I April 2017

Meeting of SME Board Nation-wide | April 01, 2017 The third meeting of SME Board was held through video-link facility on April 01, 2017 under the chairmanship of Sayyid Mansoob Hasan. The Board approved signing of a MoU with the Centre for International Private Enterprise (CIPE) to take joint initiatives for the promotion and capacity building of SME’s in Pakistan.

New Arrivals of Library Books

Facility of E Library Resource E Library Resources are available on institute’s website. The facility may be utilized from any location without being in the library. It has certain advantages due to its wide range and variety of subjects and format such as full text books and journals. Details and link are as below:

https://www.icmap.com.pk/DigLib-Home.aspx

1. eBook Business Collection This collection offers more than 16,000 business e-books, to assist students and scholars for their various business research, special projects and entrepreneurial needs and help students understand general business concepts, all with user-friendly search experience and simple download process. This is a key resource for academic and business school libraries; eBook Business Collection encompasses a variety of topics, case studies, dictionaries and thesauruses. 2. Business Source Elite Ebsco A Full-Text Collection of Business Publications This resource provides full-text coverage of scholarly business, management and economics journals. The collection also includes publications covering topics such as accounting, banking, finance, international business, marketing, sales and more.

More than 600 active full-text journals and magazines More than 350 active full-text peer-reviewed journals Nearly 180 active full-text peer-reviewed journals with no embargo More than 310 active full-text journals indexed in Web of Science or Scopus

New Titles

1 Mastering English Grammar by S H Burton 2 Reading Skill Handbook by Charles Bazerman 3 Constitution of Islamic Republic of Pakistan by Zaka Ali

Library Reader of the Month

South Region Central Region North Region Karachi Lahore Islamabad Fida Hussain Hafiz Mustahsen Ali Muhammad Abdullah Reg. no : 20143163 Reg. no : 20081351 Reg. no : 20142502

CONGRATULATIONS ! Mr. Jameel Ahmad, Deputy Governor SBP nominated as member on National Council of ICMA Pakistan

Mr. Jameel Ahmad, Deputy Governor, State Bank of Pakistan (SBP) has been nominated as member on the National Council of ICMA Pakistan in place of Mr. Saeed Ahmed, former Deputy Governor SBP who has been appointed recently as the President of National Bank of Pakistan (NBP) by the Prime Minister of Pakistan. Mr. Jameel Ahmad as nominee of SBP will be on the Council for the remaining period of 2017. The Federal Government had earlier appointed Mr. Jameel Ahmad who was working as Executive Director in SBP as the new Deputy Governor SBP for a period of three years with effect from 11th April, 2017. Mr. Jameel Ahmad is a Fellow Member of the Institute of Cost & Management Accountants of Pakistan (FCMA), an Associate Member of the Institute of Bankers Pakistan and a Fellow Member of the Institute of Corporate Secretaries of Pakistan (FCIS). Mr. Jameel Ahmad’s illustrious career as an accomplished central banker spans over 26 years working at senior positions at SBP and the Saudi Arabian Monetary Agency (SAMA). Mr. Ahmad is a member of SBP’s Monetary Policy Committee and various other management committees of the Bank. ICMA Pakistan extends its heartiest congratulations to Mr. Jameel Ahmad , FCMA on his promotion as Deputy Governor SBP as well as on becoming the member of Council of the Institute.

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 7 Newsletter

Vol: 17.4 I April 2017

President ICMA Pakistan’s Article Published in Newspapers

BUSINESS RECORDER

Simultaneously published from Islamabad, Lahore & Karachi

BUSINESS RECORDER KARACHI SUNDAY 23 APRIL, 2017 DAWN April 24 - 30, 2017 Business & Finance

Top CPD Earners Top CPD Earners

1 2 3 4 Syed Zia Ur Rehman Muhammad Azam Mohammad Nawaz Sohail Iqbal A-5336 F-1004 F-2534 A-4190 Karachi Multan Islamabad Islamabad CPD Hours: 21 CPD Hours: 16 CPD Hours: 16 CPD Hours: 12

5 6 7 8 Imran Arshad Tariq Hussain Mustafa Hussain Siddiqui Zulfiqar Ali Bhai A-4095 A-770 A-264 A-745 Karachi Karachi Karachi Karachi CPD Hours: 9 CPD Hours: 8 CPD Hours: 6 CPD Hours: 6

9 10 Muhammad Zubair Ahsan Elahi Vohra A-4943 A-717 Karachi Karachi CPD Hours: 6 CPD Hours: 3

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 8 Newsletter

Vol: 17.4 I April 2017

New Fellow Members

S No. Associate Membership No. Name Fellow Membership No. 1 A-3465 Bilal Shahid F-1898 2 A-3466 Shahid Hussain F-1899 3 A-1896 Gohar Malik F-1900 4 A-2722 Shahid Mahmood F-1901 5 A-3098 Muhammad Aamir Jamil F-1902 6 A-2423 Muhammad F-1903 7 A-2586 Muhammad Khalid Mahmood F-1904 8 A-3336 Yasir Naseem F-1905 9 A-4114 Muhammad Ramzan F-1906 10 A-4864 Rajesh Kumar F-1907

New Associate Members

S No. Registration No. Name Associate Membership No. 1 S-20050517 Muhammad Aamir A-6355 2 S-20062052 Mehmood ul Hassan A-6356 3 S-20081578 Azka Sajjad A-6357 4 S-20081665 Rabia Abdullah A-6358 5 S-20100374 Ifra Sarwar Ali A-6359 6 S-20100914 Amir Abbasi A-6360 7 S-20101267 Muhammad Nasir Bashir A-6361 8 S-20080956 Muhammad Nadeem Sarwar A-6362 9 S-20081411 Khuram Shehzad A-6363 10 S-20110108 Asia Fiyaz A-6364

S No. Registration No. Name Associate Membership No. 11 S-20050117 Memona Muhammad Ali A-6365 12 S-20061805 Umair Raheem A-6366 13 S-20071658 Ayesha Rubab A-6367 14 S-20091778 Muhammad Noman Kanwar A-6368 15 S-20120852 Mudasser Hussain A-6369

New COPs

S No. Membership No. Name

1 A-5634 Abdul Mansoor Khan 2 F-1089 Nazakat Ali 3 F-1467 Zeeshan Jahangir Chaudhary 4 A-5893 Muhammad Akmal

Renewal of COPs

S No. Membership No. Name

1 A-5539 Muhammad Abbas 2 F-1152 Muhammad Junaid 3 A-5190 Mohammad Faheem

Institute of Cost and Management Accountants of Pakistan I e-Newsletter Volume 17.4 I April 2017 Page 9 Newsletter

Vol: 17.4 I April 2017

National Council / Executive Committee Meetings During the months of March/April, 2017 following meetings were held: 1. National Council Meeting # 352 (Urgent) March 27, 2017 2. National Council Meeting # 353 April 16, 201

1. Executive Committee Meeting # 269 April 16, 2017

Obituary

With deep sorrow and grief ICMA Pakistan informs about the demise of Mr. Khurshid Ahmad (1922-2017), Former President of the Institute on May 17, 2017.

Mr. Khurshid Ahmad was a dedicated and thorough professional who dedicated his life to promote profession of accountancy and education not only in Pakistan and in the whole world. His services to ICMA Pakistan and nation will always be remembered. He spent illustrious tenure as the President of the Institute during the period from 1976 to 1978 and before that he remained on the National Council of the Institute for consecutive 22 years i.e. from 1953 to 1975. In 1989 he was awarded “IFAC Scroll” in recognition of his contribution to the accounting profession worldwide. The award of IFAC Scroll was a singular honour not only for Mr. Khurshid Ahmed individually but also for the Institute as well as the country. He was the first Pakistani to receive such international recognition of service to the profession. Mr. Khurshid was pride of the Institute. It was due to his efforts and hard work which made ICMAP stood tall on in its feet after its establishment and resulted in making ICMAP a truly internationally recognized institution. Members of the National Council, Branch Councils, Members, Students, Employees and Faculty pray Almighty Allah to rest the departed soul in eternal peace and grant courage and fortitude to the bereaved family to bear the irreparable loss. Aameen

Research & Publications Directorate

Contact: + 92 21 99243900 Ext 107 / 117 Email: [email protected] I URL: www.icmap.com.pk