Karandaaz Press Releases

Dr. Ishrat Husain, Chairman of the Board of Directors Karandaaz Pakistan Awarded “Nishan-e-Imtiaz” by the President of Pakistan

Dr. Ishrat Husain, Chairman of the Board of Directors Karandaaz Pakistan Awarded “Nishan-e-Imtiaz” by the President of Pakistan

Islamabad | Mar 23, 2016

For his meritorious services to the nation, Dr. Ishrat Husain, Chairman of the Board of Directors, Karandaaz Pakistan, has been presented the highest national accolade, the prestigious “Nishan-e-Imtiaz” by President Mamnoon Hussain on March 23, 2016. The award was conferred in recognition of Dr. Husain’s outstanding performance in the field of Public Service at a special investiture ceremony held at the Aiwan-e-Sadr on Pakistan Day. The Ceremony was attended by the highest civil and military leadership, federal ministers, parliamentarians, diplomats, high civil and military officials and people belonging to different walks of life.

Dr. Ishrat Husain is one of the leading economists and intellectuals of Pakistan. He is the Dean and Director of the iconic Institute of Business Administration (IBA) and previously served as the Governor of the State Bank of Pakistan from December 1999 to December 2005. During this time he ushered in an era of restructuring for the Central Bank and reformation in the banking sector. During the two-year period from 2006 to 2008, as Chairman of the National Commission for Government Reforms (NCGR), a high powered commission consisting of private sector and top civil servants, Dr. Husain played a key role in producing the blue print for government reforms and led the impressive economic turnaround of Pakistan. He has also been actively involved in numerous national and international assignments for bodies as varied as the Government of Pakistan, IMF, ADB, UNDP and the World Economic Forum.