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TRADE CHRONICLE<br />
Corruption can only be eradicated with competent human resource and<br />
effective processes: M. Zubair<br />
Pakistan’s socioeconomic potential<br />
can be unlocked by eradicating deeprooted<br />
corruption with skilled human<br />
resource, effective processes and<br />
strict compliance. Corruption does not<br />
only retard the pace of development<br />
but also hinder government’s efforts<br />
to ensure provision of social services<br />
and poverty alleviation. The present<br />
regime is making an all-out effort for<br />
sustained socioeconomic<br />
development with healthy foreign<br />
investment to subsequently achieve<br />
the vision of a strong, progressive and<br />
prosperous Pakistan.<br />
These views were expressed by<br />
Muhammad Zubair, Minister of State<br />
and Chairman Privatization<br />
Commission of Pakistan during<br />
Pakistan’s first-ever Internal Audit<br />
Summit - PIAS <strong>2015</strong>, organized by<br />
TerraBiz at a local hotel in Karachi.<br />
He was delivering his keynote entitled<br />
‘Vigilant Leadership – Challenges to<br />
Governance in Government’.<br />
The day-long conference entitled<br />
‘Governance, Risk and Compliance’<br />
is endorsed by the International<br />
Association of Financial<br />
Management, whereas ICMA<br />
Pakistan and ISACA (Karachi<br />
Pakistan's leading conference producer TerraBiz organized the first-ever<br />
Pakistan Internal Audit Summit <strong>2015</strong>. Picture shows: Farid Ahmed Khan, CEO<br />
ABL Asset Management; Yacoob Suttar, President ICAP and MD/CEO Asia<br />
Petroleum; Muhammad Zubair, Minister of State and Chairman Privatization<br />
Commission of Pakistan; Hanif Jakhura, CEO, Central Depository Company of<br />
Pakistan and Hamza Hashmi, CEO, TerraBiz.<br />
Chapter) are the knowledge partners.<br />
The conference attracted over 250<br />
professionals from internal audit,<br />
governance, risk and compliance<br />
disciplines besides participation from<br />
different audit firms.<br />
Yacoob Suttar, President ICAP and<br />
MD & CEO Asia Petroleum, during<br />
his presentation, highlighted the<br />
uniqueness of internal audit function<br />
and quoted inspiring examples based<br />
on his three decades of experience.<br />
He also presented the kind of aptitude<br />
and skillset required for internal<br />
auditing professionals to flourish in the<br />
future.<br />
Tariq Isaksson, Vice President IT<br />
Audit, Etisalat Group, UAE, during a<br />
session on ‘Impact of Information<br />
Technology on audit’, highlighted the<br />
ever growing complexities in the IT<br />
environment and presented the way<br />
IT auditors and assurance<br />
professionals can provide continuous<br />
value to their respective senior<br />
management.<br />
Group photo taken after the completion of Sandspit Beach cleaning activity jointly organized by SSGC and WWF Pakistan.<br />
Shahbaz Islam, Head of Corporate Communications SSGC and Asad Shahbaz, Corporate Relations Manager of WWF seen<br />
in the picture with their team members and the participant students .<br />
<strong>Trade</strong> <strong>Chronicle</strong> - <strong>May</strong> - <strong>June</strong> <strong>2015</strong> - Page # 25
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