Mr. Istaqbal Mehdi Mr. lstaqbal Mehdi is the Managing Director/CEO of Pak Kuwait. Prior to CEO of Pak Kuwait, Mr. Mehdi was the President of Zarai Taraqiati Bank of Pakistan (ZTBL), which is the largest Bank engaged in the development and progress of the agricultural sector. Earlier to his assignment in ZTBL, he worked as the Chairman and Chief Executive of NIT and thereafter became the Managing Director of ICP, where he played a key role in transforming this sick institution into a healthy and profit-making institution.

Before above assignments Mr. lstaqbal Mehdi held executive positions in several national organizations like Chief Experts Advisory Cell, Ministry of Industry and Production and Senior Economist, Board of Industrial Management etc. Here he introduced new and innovative management systems according to international standards, which enhanced the proficiency of these institutions. The two management systems he developed i.e. signaling system, and corporate planning system were model adopted by several countries. Between 1972-76 he remained Research Fellow at Leeds University, Leeds, UK. He was also Advisor to the World Bank during the period 1969-72.

Education/Training

1972-76 M. Phil (Financial Economics)

University of Leeds, Leeds (U.K)

Research Fellow, Public Enterprise

Research Project, University of Leeds,

Leeds (U.K)

1961-67 B.A. (Economics), M.A (Economics)

Government College, Lahore (Pakistan)

1982 Public Enterprise Policy in Developing Countries

Harvard University, Cambridge, Massachusetts (U.S.A.)

Professional Experience

Ø Managing Director & CEO Jan 2005 - Present

Pakistan Kuwait Investment Company (Pvt) Limited

Ø     President & CEO Oct 2002-Jan 2005

Zarai Taraqiati Bank of Pakistan (ZTBL)

Ø      Chairman & CEO 2001-2002

Agricultural Development Bank of Pakistan (ADBP)

Ø Chairman & CEO 1999-2001

National Investment Trust Limited (NIT)

Ø      Managing Director & CEO

Investment Corporation of Pakistan (ICP)

Ø Chief & CEO

Experts Advisory Cell, (EAC)

Ø      General Manager 1981-1993

Economic Appraisal/MIS, EAC

Ø      Senior Manager/Senior Economist 1980-81

EAC/BIM

Ø Research Fellow, Leeds University, U.K. 1972-76

Ø Consultant to World Bank, Islamabad 1969-72

Ø Research Assistant, USAID, Lahore 1967-69

Other Professional Activities/Accomplishments

a. President of the Assembly, International Centre for Public Enterprise (ICPE), Ljubljana, Slovenia (1992-1996).

b. Advisor/Consultant to the World Bank to establish Asia-Pacific Privatization Network (APN), (1994-19970.

c. Chairman, Task force for restructuring ICPE, Ljubljana, Slovenia, (1995-1996).

d. Consultant on Public Enterprise Reform and Public Sector Development, The World Bank, ILO, UNIDO, ICPE, Commonwealth Secretariat and Asian Development Bank.

e. Mission Member/Advisor, World Bank in various countries i.e. Mexico & Philippines etc.

f. Consultant to Asian Development Bank on the subject of capacity building for economic analysis of BOOT projects to promote investment in infrastructure and

energy sector.

g. Member/Secretary, Prime Minister’s Committee for economic policy in Pakistan (1990-1993).

h. More than twenty publications and studies on Public Enterprise and Reforms, Privatization and Restructuring, Poverty Alleviation, Governance Issues, Human

Resource Management, Corporate Governance etc.

i. Papers presented to professional groups organized in China, India, Nigeria, Mexico, and South Africa etc. on the subject of Public Sector Reform and Privatization,

Human Resource Management and Governance.