Muzaffer Miraj Khawaja joins Punjab Board of Investment and Trade as new Chairman

Lahore, May 09, 2016 (PPI-OT):Muzaffer Miraj Khawaja assumed the charge of Chairman, Punjab Board of Investment and Trade on April 29 2016. Mr. Khawaja, who previously served in PBIT as an Advisor for a short period, has had a long career in international banking and management consulting.

His career started with Saudi American Bank (Samba) in Riyadh and spanned 33 years and several countries in Asia, Europe, Middle East, Africa and USA. That included more than twenty years at very senior positions with Citibank, ABN-AMRO and American Express Bank in Pakistan, UAE, Greece and London. In these positions he has done valuable work in international IT outsourcing.

Prior to assuming the charge of the Chairman of Punjab Board of Investment and Trade, Mr. Khawaja also briefly served as Advisor at the Punjab Board of Investment and Trade, where he provided valuable input for the future strategy of PBIT. Mr. Khawaja has studied at the London School of Economics and at the University of Karachi. He holds two Master of Science Degrees in Economics and Applied Economics.

Mr. Khawaja, on assuming his new charge said “Pakistan has attracted over 15 billion US dollars in Foreign Direct Investment since 2008. The incentives under the present business climate as well as the results of CPEC initiative are well poised to generate new businesses alliances, investment opportunities and lucrative trade deals. Punjab has witnessed a remarkable growth potential in the past few years and we at PBIT are determined to transform Punjab into a leading investment hub”.

He further stated, “PBIT is playing an instrumental role in promoting economic and investment opportunities in Punjab. The efforts of the team of PBIT in this respect are highly appreciated. I would like to assure all foreign and domestic investors full support of PBIT.” In order to achieve this, he said, “We have to convert PBIT into a High Performance Organization and a place where the employees are motivated and proud to work”.

For more information, contact:
Punjab Board of Investment and Trade (PBIT)
23-Aikman Road, GOR-I, Lahore
Tel: +92-42-99205201-06
Fax: +92-42-99205171