Union of Small and Medium Enterprises welcomes Sher Ayub as new Chief Executive Officer of Small and Medium Enterprises Development Authority

Karachi, May 26, 2016 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has welcomed Sher Ayub the additional secretary of the Ministry of Industries and Production (MoI and P) as the new Chief Executive Officer (CEO) of the Small Medium Enterprises Development Authority (SMEDA) who has been given additional charge to look after the affairs of the authority as its CEO.

President UNISAME Zulfikar Thaver on behalf of himself and UNISAME congratulated and welcomed Sher Ayub and expressed satisfaction on his appointment as the best choice considering the importance of the sector. Thaver said as additional secretary of the MoI and P Sher Ayub has gathered vast experience in the promotion and development of the sector and the SMEs are looking forward to his leadership.

Thaver invited the attention of the new CEO to the urgent need for high impact measures for fast track promotion and development of the sector. The union chief listed the need for access to finance, the filling of the technological gap, the marketing support, modernization of SME units and training of the entrepreneurs in accounting, management, communication and image building /branding and bench marking targets.

The sector hopes he would give priority to their requirements and put SMEDA in good gear to enable the SMEs meet global challenges. SMEDA needs to be strengthened as per international standards and the union hopes the new CEO will impress upon the government to increase the scope of SMEDA for wider outreach and capacity building.

Thaver as the chairman of the Capacity Building Work Group of the National Finance Inclusion Strategy (NFIS) of the Ministry of Finance (MoF) assured the new CEO of SMEDA of full support and co-operation for the promotion and development of the sector and offered to work jointly for capacity building of the sector as envisaged in the action plan of the NFIS.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com