LAHORE: Iftikhar Ali Malik, will assume the charge of SAARC Chamber of Commerce and Industry (SAARC CCI) as president on June 30 for two-year term. SAARC CCI will convene an online handing over and taking over ceremony along with a joint session of EC and GA of the chamber.

Malik, a seasoned businessman of Pakistan, has been associated with the SAARC CCI from its inception and served for regional integration and economic cooperation for 29 years.

He will be the third Pakistani to assume the presidency of the regional chamber. Iftikhar Ali Malik is chairman of the Guard Group, a Lahore-based conglomerate, involved in business of automobile filters, to leading brands in Pakistan.

Talking to media, he said that it was his dream to bring an office of the Chamber in Islamabad and it took 29 years to materialize this dream. He said in the current situation is very important to increase the regional cooperation between businessmen which will go a long way to resolve the chronic problems of the region including poverty which has assumed dangerous level in recent months.

Copyright Business Recorder, 2020