OICCI Elects Umar Ahsan Khan As New President

Umar Ahsan Khan, CEO of Dawlance (Private) Limited, has been chosen as the new president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2026-28 period. This election was confirmed at the chamber's Extraordinary General Meeting held on Tuesday. Ahmed Zahid Zaheer, country chairman and general manager of Chevron Lubricants Pakistan (Private) Limited, was selected as senior vice president, and Dr. Syed Amir Ali, president and CEO of Meezan Bank Limited, was appointed vice president.

Khan is set to follow Yousaf Hussain, who headed the OICCI during the 2024 to 2026 term. Hussain highlighted the need to transition from economic stability to increased investment, exports, productivity, and job generation. Khan emphasized that the chamber's advocacy will be based on evidence and practical policy recommendations.

He pointed out that macroeconomic stability could draw investor attention, but the overall investment climate would ultimately decide if investors commit their capital. Khan also mentioned that foreign direct investment dropped by 34 percent to $1.65 billion during the previous fiscal year. The new managing committee will collaborate with the government, regulators, and international organizations throughout its 2026 to 2028 tenure.

They will also conduct research and policy work in areas such as climate change, technology, artificial intelligence, diversity, and inclusion. The managing committee consists of Umar Ahsan Khan from Dawlance, Ahmed Zahid Zaheer from Chevron Pakistan Lubricants, Dr. Syed Amir Ali from Meezan Bank, Ahsan Zafar Syed from Engro Corporation, Amin Mohammad Khowaja from J.P.

Morgan Pakistan, Erum Shakir Rahim from GlaxoSmithKline Pakistan, Khurram Shahzad Khan from Habib Metropolitan Bank, Sami A. Wahid from Coca-Cola Export Corporation, Syed Anis Ahmed from Abbott Laboratories Pakistan, and Syed Kashan Hasan from FrieslandCampina Engro Pakistan.