A NEW PERSPECTIVE ON PROSPERITY & PARTNERSHIP RS. ANNUAL REPORT 2019 01 Mission Statement 01 Profile 03 Executive Committee 2019 04 Executive Committee 2020 05 Past Presidents 06 List of Members 07 U.S. – Pakistan – Some Interesting Facts 09 Economic Contribution 14 Executive Committee’s Report 2018-19 16 Highlights of the Year 30 Programs & Events Photo Gallery CONTENTS 48 Reports of Sub-Committees • Agriculture and Food/Beverages • Finance & Taxation • Industry & Trade • IPR, Legal & Government Relations • IT & Innovation • Media, PR, Programs & CSR • Membership & North Members • Pharmaceutical • Security 67 ABC Representation 68 ABC Members’ CSR Activities 105 Appreciation MISSION STATEMENT To protect and promote the interests of U.S. Investors in Pakistan; to ABC is aliated with the Federation of Pakistan Chambers of encourage and stimulate new investments; to introduce and inculcate Commerce & Industry (FPCCI) and is a member of the U.S. Chamber of best practices; to strive to establish a level playing field in the country Commerce (USCC), Washington D.C., and Asia-Pacific Council of in order to promote the development of commerce between the USA American Chambers of Commerce (APCAC). ABC also has a close and Pakistan. working relationship with the U.S.-Pakistan Business Council, Washington which is a component of the USCC. ABC aims to raise the PROFILE profile of Pakistan to promote investors confidence in the country. The American Business Council of Pakistan (ABC) was formed in 1984 and has completed 36 years of service to Pakistan. ABC is one of the largest investors group in Pakistan. Currently, we have 64 members and most of them are listed in the Fortune 500 companies. The members operate across various sectors such as healthcare, financial services, information technology, chemicals & fertilizers, energy, FMCG, food & beverage, oil & gas and many others. ABC members contribute a sizable amount to the national exchequer each year as direct and indirect taxes – last year contributing over Rs. 109 billion. ABC members also employ over 130,000 people directly and with the vast majority of agents, distributors, contractors etc. employ over a million. The Council is managed by an Executive Committee that is elected every year by its members and meets monthly to review ongoing initiatives. The focus of the Executive Committee is to facilitate direct interaction with the Federal and Provincial governments through its guest speakers’ program, seminars and events held throughout the year. ABC is an eective channel for dialogue with the Government of Pakistan. Regular suggestions and input for improvement are provided to relevant bodies like ministries, regulatory and tax authorities and others throughout the year. 01 ABC is aliated with the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and is a member of the U.S. Chamber of Commerce (USCC), Washington D.C., and Asia-Pacific Council of American Chambers of Commerce (APCAC). ABC also has a close working relationship with the U.S.-Pakistan Business Council, Washington which is a component of the USCC. ABC aims to raise the profile of Pakistan to promote investors confidence in the country. ABC’S OBJECTIVES • Actively engage with policy makers, government bodies and relevant ministries on pertinent issues including Tax Reforms, Trade Polices, Free Trade Agreements (FTA) and protection of Intellectual Property Rights • Elevate the profile of ABC as the largest single-country Chamber in Pakistan • To advocate a level-playing field and best international practices to help protect and promote U.S. investments in Pakistan ABC ANNUAL REPORT ABC ANNUAL 02 OFFICE BEARERS & EXECUTIVE COMMITTEE 2019 PRESIDENT SENIOR VICE PRESIDENT VICE PRESIDENT Mr. Ahmed Jamal Mir Mr. Sami Ahmed Mr. Kamran Attaullah Khan Managing Director & CEO Vice President Chief Executive Prestige Communications (Pvt.) Ltd. Procter & Gamble Pakistan (Pvt.) Ltd. DuPont Pakistan Operations (Pvt.) Ltd. MEMBERS Mr. Marazban Mavalvala Mr. Farrokh K. Captain Mr. Imran Jehangir Nasrullah Mr. Nadeem Inam Ul Huq Executive Director Chairman & Managing Country Head Pakistan & Country General Manager Al-Hamd International Director Group Director International Learning Centre Container Terminal (Pvt.) Ltd. Captain-PQ Chemical Cargill Pakistan Holdings (Pvt.) Ltd. (Pvt.) Ltd. (Berlitz) Industries (Pvt.) Ltd. Mr. Irshad Ali Kassim Mr. Khurram Mohammad Qamar Mr. Adnan Asad Mr. Nadeem Elahi Chairman Director External Affairs Chief Executive Officer Chief Executive Officer Karam Ceramics Ltd. Philip Morris (Pakistan) Ltd. Venus Pakistan (Pvt.) Ltd. TRG (Pvt.) Ltd. SECRETARY GENERAL AUDITORS LEGAL ADVISOR KPMG Taseer Hadi Haroon Dugal Law Chambers & Company BANKERS TAX ADVISORS Citibank, N.A. Plus Consultants Ms. Amna Daudi 03 OFFICE BEARERS & EXECUTIVE COMMITTEE 2020 PRESIDENT SENIOR VICE PRESIDENT VICE PRESIDENT Mr. Adnan Asad Mr. S. Anis Ahmed Mr. Khurram Mohammad Chief Executive Officer Managing Director Qamar Venus Pakistan (Pvt.) Ltd. Abbott Laboratories (Pakistan) Ltd. Director External Affairs Philip Morris (Pakistan) Ltd. MEMBERS Mr. Marazban Mavalvala Mr. Adeel Shahid Mr. Farrokh K. Captain Mr. Nadeem Inam Ul Huq Executive Director VP - Head of Marketing Chairman & Managing Country General Manager Al-Hamd International & Public Affairs Director International Learning Centre Container Terminal (Pvt.) Citibank, N.A. Captain-PQ Chemical (Pvt.) Ltd. (Berlitz) Ltd. Industries (Pvt.) Ltd. Mr. Irshad Ali Shaban Mr. Kamran Nishat Mr. S. M. Wajeehuddin Mr. Mohammad Asif Peer Ali Kassim Managing Director & CEO Country Manager & Chief Executive Officer Chairman Muller &Phipps Pakistan Chief Executive Systems Ltd. Karam Ceramics Ltd. (Pvt.) Ltd. Pfizer Pakistan Ltd. SECRETARY GENERAL AUDITORS LEGAL ADVISOR A. F. Ferguson & Co. Haroon Dugal Law Chambers BANKERS TAX ADVISORS Citibank, N.A. Plus Consultants Mr. Jehangir Bashir Nawaz ABC ANNUAL REPORT ABC ANNUAL 04 PAST PRESIDENTS 1984-85 MR. HASAN I. KAZMI (Jul 01-Sep 01) MR. ANJUM FASIH President Managing Director Exxon Chemical Pakistan Ltd. Bristol-Myers Squibb Pakistan (Pvt.) Ltd. 1985-86 MR. NAWAB ASGHER 2001-02 MR. ZUBYR SOOMRO Chairman & Managing Director Chief Executive & Country Corporate Pfizer Laboratories Ltd. Ocer Citibank, N.A. 1986-87 MR. RUDOLF J. GEBERT Vice President & Country Manager 2002-03 MR. ARSHAD NASAR Bank of America, NT & SA Managing Director Caltex Oil (Pakistan) Ltd. 1987-88 MR. RUDOLF J. GEBERT Vice President & Country Manager 2003-04 MR. ANJUM FASIH Bank of America, NT & SA (Oct 03-Jun 04) Managing Director 1988-89 MR. NAWAB ASGHER Bristol-Myers Squibb Pakistan (Pvt.) Ltd. Chairman & Managing Director 2003-04 MR. HUMAYUN BASHIR Pfizer Laboratories Ltd. (Jul 04-Sep 05) Country General Manager 1989-90 MR. KAMRAN Y. MIRZA IBM Pakistan Managing Director Abbott Laboratories (Pakistan) Ltd. 2004-05 MR. NADEEM KARAMAT Senior Director & Senior Country Executive 1990-91 MR. ROBERT F. McCUSKER American Express Bank Ltd. General Manager Interpak Shaving Products Ltd. 2005-06 MR. ZUBYR SOOMRO Managing Director 1991-92 MR. NISAR A. MEMON Citibank, N.A. Country General Manager IBM World Trade Corporation 2006-07 MR. IQBAL BENGALI Managing Director 1992-93 MR. SUBHI W. JARUDI Pfizer Laboratories Ltd. Managing Director Cyanamid (Pakistan) Ltd. 2007-08 MR. TASLEEMUDDIN AHMED BATLAY Director 1993-94 MR. S. ALI RAZA Colgate-Palmolive (Pakistan) Ltd. Senior Vice President & Country Manager 2008-09 MR. ASIF JOOMA Bank of America, NT & SA Managing Director Abbott Laboratories (Pakistan) Ltd. 1994-95 MR. AIJAZ K. KHAN Chairman 2009-10 MR. ARIF USMANI Wyeth Laboratories (Pakistan) Ltd. Managing Director & Citi Country Ocer Citibank, N.A. 1995-96 MR. SHAUKAT TARIN (Jun-Nov 95) Country General Manager 2010-11 MR. HUMAYUN BASHIR Citibank N.A. Country General Manager (Dec 95-Jun 96) MR. FAROOQ HADI IBM Managing Director 2011-12 MR. SAAD AMANULLAH KHAN Cyanamid (Pakistan) Ltd. Chief Executive Ocer 1996-97 MR. SHAMSHAD ALI Gillette Pakistan Ltd. Managing Director Johnson & Johnson Pakistan (Pvt.) Ltd. 2012-13 MR FARROKH K. CAPTAIN Chairman & Managing Director 1997-98 MR. S. SAJJAD RAZVI Captain-PQ Chemical Industries (Pvt.) Ltd. (Jun-Dec 97) Country General Manager Citibank N.A. 2013-14 MR. SAAD AMANULLAH KHAN (Jan-Jun 98) MR. ASIF IKRAM (Jan 14-May 14) Chief Executive Ocer Country Manager Gillette Pakistan Ltd. DuPont Far East Inc. 2013-14 MR. TAUQIR AHMED 1998-99 MR. FAROOQ HADI (Jun 14-Sep 14) Chief Executive (Jun-Dec 98) Chairman, Managing Director (CEO) DuPont Pakistan Operations (Pvt.) Ltd. Cyanamid (Pakistan) Ltd. 2014-15 MR. ARSHAD SAEED HUSAIN (Jan-Sep 99) MR. KAMRAN Y. MIRZA Managing Director Chairman & Managing Director Abbott Laboratories (Pakistan) Ltd. Abbott Laboratories (Pakistan) Ltd. 1999-00 MR. PHILIPPE A. BOVAY 2015-16 MR. NADEEM ELAHI Vice President & General Manager Chief Executive Ocer Procter & Gamble Pakistan (Pvt.) Ltd. TRG (Pvt.) Ltd. (Jul 00-Sep 00) MR. IRSHAD ALI KASSIM 2016-17 MR. SAMI AHMED President & CEO Vice President Karam Ceramics Ltd. Procter & Gamble Pakistan (Pvt.) Ltd. 2000-01 MR. TAWFIQ A. HUSAIN 2017-18 MR. KAMRAN NISHAT (Oct 00-Jun 01) Senior Director & Country Manager Managing Director & CEO American Express Bank Ltd. Muller & Phipps Pakistan (Pvt.) Ltd. 05 LIST OF ABC MEMBERS Corporate Members 47. Rafhan Maize Products Co. Ltd. 1. Abbott Laboratories (Pakistan) Ltd. 48. S&P Global Pakistan (Pvt.) Ltd. 2. Al-Hamd International Container Terminal (Pvt.) Ltd. 49. S.C. Johnson & Son of Pakistan (Pvt.) Ltd. 3. ACNielsen Pakistan (Pvt.) Ltd.