PICG Directors’ Summit 2026 Puts Governance, Leadership and Digital Transformation at the Forefront

The Pakistan Institute of Corporate Governance (PICG) Directors' Summit 2026 focused on governance, leadership, and digital transformation. Over 350 directors, business leaders, regulators, and senior executives convened to discuss how stronger governance can build resilient institutions. PICG Chairman Muhammad Ashraf Bawany emphasized that good governance is about trust, sustainable value creation, and institutional strength, not just compliance.

PICG CEO Shafaq Fauzil Azim addressed the audience, while the event honored Dr. Shamshad Akhtar for her contributions to Pakistan's development. Chief Guest Muhammad Ali Tabba of YBG stressed that good governance is the foundation of business, not a cost to be minimized. PSX CEO Farrukh H. Sabzwari highlighted transparency, accountability, and diversity, while former Minister for Investment Muhammad Azfar Ahsan stressed policy predictability and strong institutions.

The Agile boards panel discussed managing geopolitical risks through scenario planning, and the Family Legacy panel explored succession and governance in family-owned businesses. Technology emerged as a crucial topic, with a panel on boards governing innovation and technology stressing the need for robust cybersecurity and AI oversight.

Kabeer Naqvi of Abhi Microfinance Bank highlighted digital banking innovation through governance. Zaffar A. Khan of PCP and Dr. Syed Amir Ali of Meezan Bank emphasized governance and sustainability in the non-profit and Islamic finance sectors, respectively. Hussain Dawood, Chairman of Engro Holdings Limited, concluded by emphasizing visionary leadership, responsible decision-making, trust, and resilience.

The Summit concluded with the PICG Recognition Awards, underscoring the mandate for boards to anticipate disruption, challenge assumptions, and act decisively for stronger, sustainable organizations.