ISLAMABAD: The federal cabinet has approved the name of Atif Bukhari as the new Chairman Board of Investment (BOI), local media reported.
Former BOI Chairman Zubair Gilani resigned from his post on March 9. Gilani, who was appointed the BOI head with the status of the Minister of State in July 2019 by Prime Minister Imran Khan, had reportedly resigned while citing “personal reasons”.
His top priorities were to promote local and foreign investment in key sectors to generate employment, boost exports and substitute imports through local production so as to achieve a current account surplus leading to full economic sovereignty.
Gilani was also leading the prime minister’s initiative to improve ease-of-doing-business (EODB) in Pakistan through wide-ranging policy and administrative reforms.
It is pertinent to mention here that three BOI chairmen have resigned during the last 18 months of the Pakistan Tehreek-e-Insaf government.
A banker by profession, Atif Bukhari is currently serving as member of Board of Directors of State Bank of Pakistan (SBP).