The Pakistan Business Council (PBC) is a business policy advocacy platform, established in 2005 by 14 of Pakistan’s (now 46) largest private-sector businesses / conglomerates, including multinationals. It is a professionally run organization headed by a full-time chief executive officer. The current CEO is Mr. Kamran Y Mirza, who brings with him considerable experience of working in the corporate sector and with the government.
The PBC is a not-for-profit entity, registered under Section 42 of the Companies Ordinance 1984. Though it is not required under the law to do so, the PBC follows to the extent possible, the Code of Corporate Governance as applicable to listed companies.
Objectives of the PBC:
The major objectives of the PBC as stated in its founding documents are:
The PBC Board has 14 members, thirteen of whom are elected from the Executive Members of the PBC while the CEO is the 14th member of the Board. The current composition of the PBC Board is as follows:
PBC currently has 36 members, who cover nearly all sectors of the formal economy. Sector wise representation is as follows: