FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) Senior Vice President Chaudhry Talat Mahmood said on Wednesday that Pakistan needed highly qualified, versatile and professional business entrepreneurs instead of ‘accidental businessmen’.
Addressing the renaming ceremony of Faculty of Business Administration of the National Textile University (NTU) as Faisalabad Business School (FBS), he said the current lot of businessmen had not proper education but they entered into this field by-chance and only few of them with extraordinary skills, experience and their personal linkages stayed in this field.
“Despite their acumen, they remained vulnerable due to fast changes taking place in the global economy, he said and added that in the modern age, we should produce highly qualified and professional business entrepreneurs who could survive in the economic upheavals of the world.
About renaming the Faculty of Business Administration as FBS, he said that it was a positive attempt to harvest the benefits of “Brand the Faisalabad” which was already known globally as a hub of quality textile products. He endorsed the idea of establishing a LUMS like economic school in Faisalabad which could cater its futuristic and professional needs.
He said the idea was first floated by former FCCI president Mian Javed Iqbal during a meeting with Syed Babar Ali of LUMS a few years ago. He said that if the FBS fulfilled our expectations, the business community would be pleased to help it financially in addition to extending much needed moral support.
The meeting was also attended by NTU Rector Dr. Tanveer Hussain, FBS Director Dr. Shahbaz Baig,
Deputy Commissioner Faisalabad Muhammad Ali, Mian Muhammad Latif, Engineer Rizwan Ashraf, Rehan Naseem Bharara chairman Faisalabad Garment City, President Faisalabad Women Chamber of Commerce and Industry Ms. Tehmina Pasha and Mian Farrukh Iqbal of Pakistan Hosiery Manufacturers Association.