KATI EC nominates S.M. Tanveer for FPCCI presidency

KARACHI, Oct 05 (APP): The Korangi Association of Trade and Industry (KATI) and its Executive Committee, nominated renowned industrialist, business leader and Patron-in-Chief of KATI and the United Business Group (UBG), S.M. Tanveer, as its candidate for the presidency of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the 2026–2028 term.

The KATI leadership expressed confidence that his election would provide the country’s industrial and business community with leadership capable of not merely highlighting their issues but also playing an effective and result-oriented role in resolving them.

The meeting was attended by KATI Patron-in-Chief S.M. Tanveer, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Syed Farrukh Qandhari, Vice President Nasir Sheikh, UBG leaders Zubair Tufail and Khalid Tawab, Member of the National Assembly Mirza Ikhtiar Baig, Mian Zahid Hussain, Abdul Momin Khan, Shaukat Ahmed, Ikram Rajput, Masood Naqi, Salim-ul-Zaman, Farhan-ur-Rehman, Sheikh Manzar Alam, Johar Qandahari, Junaid Naqi, Ehteshamuddin, Hanif Gohar, Noor Khan, Former KATI presidents, members of the Executive Committee and representatives of the business community.

KATI President Sheikh Umer Rehan said that when Pakistan was facing severe economic instability and stood on the brink of default, S.M. Tanveer, during his tenure as caretaker provincial minister, adopted a highly prudent strategy.

Sheikh Umer Rehan said the time had come to choose a leader such as S.M. Tanveer for FPCCI who had the ability to make the genuine concerns of industrialists and traders part of the national economic agenda.

The KATI president said FPCCI was a major representative body of the country’s industrialists, traders, exporters and businesses, and its leadership therefore needed to be fully aligned with the country’s real economic challenges and ground realities.

KATI Deputy Patron-in-Chief Zubair Chhaya said the industrial sector was currently facing high interest rates, heavy energy costs and stringent tax policies. At such a difficult time, he said, FPCCI the highest representative platform of industrialists and the business community needed a leader capable of strongly presenting the business community’s case at the policymaking level.

Participants of the meeting paid tribute to S.M. Tanveer for his services to the business community, noting that he had repeatedly highlighted issues concerning industry and trade, energy, taxation, exports, investment, industrial production and business policies at various forums.