Business

Significant Employment Boost from 3G/4G Launch in Pakistan

Since the introduction of 3G/4G services in Pakistan after the successful spectrum auction in June 2014, the telecom sector has been a significant source of employment generation. According to documents, approximately 200,000 jobs (both direct and indirect) have been created in the industry.

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BankIslami Appoints New President and CEO

Rizwan Ata, the current Group Head of Distribution, has been promoted by the board of directors and appointed as the new CEO and President of BankIslami for a three-year term. He will assume office on September 29, 2023, replacing Syed Amir Ali, who is leaving to join Meezan Bank as the deputy CEO.

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