Dean and Director of Institute of Business Administration (IBA) Karachi, Dr Ishrat Hussain, on Friday asked institutions to produce graduates equipped with analytical and critical approach to deal with 'complex' banking issues. Addressing as chief guest at the launch of 'Training Manual for Banking Sector' organised by Institute of Cost and Management Accountants of Pakistan (ICMAP) at a hotel here, he said that narrow specialised professionals would not be able to address the growing challenges of banking and corporate sectors.
He urged the business institutions to make the students able to understand the growing banking and economic sectors' issues. "Banking is not a small piece of cake, he said, adding that "the graduates must be equipped with the professional knowledge and expertise to deal with complex challenges." Sharing his experience he said, "We were in a world, where there used to be no innovations at all. Employees would enjoy promotions easily. But today, the paradigm has changed. Banking is quite difficult for bingers. "You will be shown the doors if you lack required expertise/capabilities in today's world of competition," he said.
Kashif Mateen Ansari, President, ICMAP in this address highlighted the initiatives of ICMAP saying that the institute has been actively liaisoning with the academia and corporate sector for betterment of the both institute as well as the corporate sector. He further euphemised the need of enhancing a specialised manual to cater the demands of the banking industry.
He also highlighted the role of newly launched CMA career portal for facilitating the corporate sector. Syed Iran Ali, Executive Director BP and RD State Bank of Pakistan, who was the guest of honour, applauded the efforts of the institute in developing specialised training program for Banks. Khawaja Ehrar Ul Hassan, Honorary Secretary ICMAP on this occasion briefed the participants of the event about the objective of the developing specialised training manual for banking sector. The institute is also planning to develop training manuals for other industries as well. He also briefed the guests about the recently-developed CMA career portal. "The purpose of the portal is to provide fast, convenient and free of cost recruitment services to the corporate sector organizations.