Badiuddin Akber takes charge as CEO of CDC

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Karachi(Cliff News)Mr. Badiuddin Akber recently took charge as the CEO of the Central Depository Company of Pakistan Limited (CDC) subsequent to formal approval by the Securities and Exchange Commission of Pakistan.This key appointment has been made while taking into consideration that CDC is a key capital market institution and considered as the Infrastructure Backbone of the Pakistan Capital Market and is credited for the revolution that has brought transparency, credibility and efficiency to the market mechanisms. As the only securities depository in the country, CDC is entrusted with maintaining book-entry securities worth trillions of rupees and manages a diversified portfolio of businesses including Trustee and Custodial Services and Share Registrar Services.This is the third time in a row that the CEO of CDC has been selected from within its senior management. It is a testament of the company’s effective succession planning and also an expression of continued trust by the board of directors of the company on the senior management.Mr. Akber has 20 years of senior management experience in the fields of finance and operations in renowned conglomerates in Pakistan including Head of Finance and Company Secretary positions. He has also served as CFO and Chief Operating Officer at the National Clearing Company of Pakistan Limited. At CDC, he was previously serving as the Chief Compliance and Risk Officer and was also the nominated Chairman of the Oversight Committee formed by the SECP under Joint Inspection Regulations, 2015.He has extensive expertise in Financial Management, Clearing & Settlement, Risk Management, Operations, Product Development and Project Management in the Pakistan Capital Market. He has played a key role in the implementation of various significant products, services and reform measures which include Revamping of Capital Gain Tax Regime, Unique Identification Number (UIN), Institutions’ Risk Management System, Straight Through Processing of Market Settlements, and in the introduction of Leverage Products such as Margin Financing, Margin Trading and Securities Lending & Borrowing.He is a Fellow Member of the Institute of Cost & Management Accountants of Pakistan (FCMA). He also holds ACMA-CGMA (Chartered Global Management Accountants) qualification from the Chartered Institute of Management Accountants (CIMA – UK) and qualification of Chartered Professional Accountant (CPA, CMA – Ontario, Canada).

 

Kamran Public School crowned as champions in PVCA-EBM Inter-School Cricket Tournament  

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Karachi(Cliff News)Kamran Public School emerged champions in the 9th PVCA-EBM Inter-School Cricket Tournament 2018 as they overpowered Al Fatima Academy by 33 runs in a low-scoring final here at the National Stadium on Sunday.Batting first, after winning the toss, Kamran Public School was bowled out for 156 in 37.2 overs. Al Fatima Academy, chasing a target of 157 in 40 overs, found themselves bundled out for 123 in 35.1 overs. Kamran Public School’s Muhammad Ovais was adjudged Man of the Match for his fine all-round performance.The tournament was organized by the Pakistan Veterans Cricket Association (PVCA) and sponsored by English Biscuit Manufacturers (Pvt.) Ltd. As expected, the final was turned out to a fiercely fought contest between two evenly matched sides. Al Fatima Academy had to pay the price of sending down as many as 28 wides which proved the decisive factor in the end.Kamran Public School struggled with the bat after losing the prized scalp of skipper Syed Muhammad Hasan Jafri who could made only 10 off 23 balls. From 41 for one they slumped to 81 for seven as Adeel Meo mesmerized their batsmen in his eight-over spell, finishing with the impressive figures of five for 28. Muhammad Ovais, who came into bat at number nine, brought his team back in the game with his solid knock of 35, coming from 67 deliveries which lifted the total to 156 as the last two wickets added 50 crucial runs. The target of 157 looked within the reach of Al Fatima Academy but they also lost their way after the loss of their captain Abdullah Zareen, who had struck five fours in his breezy 20 off only 12 balls. Kamran Public School’s spinners sustained the pressure by picking up wickets at regular intervals with Muhammad Saim (2-6), Rashid Ghani (2-18), Uzair Akbar (2-21) and Muhammad Ovais (2-26) rising to the occasion. Al Fatima Academy fell 34 runs short of their target which was exactly the same number which they had conceded as extras.
At the conclusion of the match Prize Distribution Cermony was held which was attended among others by Fawad Ijaz Khan Chairman PVCA, Nadeem Omar President KCCA, Shahzain Munir Director EBM, Alamgir Ahmed and Amjad Islam. Syed Ali Haider Zaidi Federal Minister for Maritime Affairs was the Chief Guest.Mr. Fawad Ijaz Khan announced that top 20 performers of this Inter School Tournament would be given coaching by KCCA for one year and Mr. Nadeem Omar also announced that he will select some players out of these 20 School Boys for his Quetta Gladiators Team. Mr. Shahzain Munir promised to support in future such Inter School Tournaments. Mr. Ali Haider Zaidi appreciated the efforts of PVCA for promoting cricket at grass root level.Syed Muhammad Hassan Jafri of Kamran Public School received the Winners Trophy and cheque for Rs. 50,000, Abdullah Zareen of Al Fatima Academy received the Runners up Trophy and cheque for Rs. 25,000. Muhammad Owais was declared Man of the Final Match, Ahsan Hussain Best Batsman, Sher Hameed Best Bowler, Naveed Ahmed Best Fielder and Saad Baig Best Wicket Keeper.

International Fashion Designer Almas Hamirani opened her outlet in Pakistan

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Karachi(Cliff News)International Fashion Designer Almas Hamirani opened her first outlet in Pakistan at Khalid Bin Waleed Road Karachi.The purposes of this launched is to focus the middle class of country to buy their favorite designs said the owner of outlet Almas Hamirani.She added I always worked for foregin customers and overseas Pakistani specially in USA but my aim is to open the outlet for my country people and today I achieve my goal.There is a lot of variety of fabrics like chiffon,silk,cotton,linen,velvet and others types are avaliable here for a affordable price.The colour is eye catching and it’s suitable for all seasons this is depend on your choice.

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Chef Farah was the Cheif Guest of the opening ceremony of Almas Hamirani outlet.She said that it’s a honour for me to inaugurate such kind of ladies outfit outlet.Almas work is very famous across the globle and I am very much glad that the ladies of Karachi are now able to wear their own choice of brands in normal range.Almas work for women of all ages you must need to once the visit of her store.The other very good thing is here that Daraksha opened beauty salon so ladies can fullfil all her demands here under one Roof.Cosmetologist Dr.Farah Naz also give you beauty advice.People from different walk of life are largely visited the fashion store of Almas Hamirani.On the Occassion Capt.Tarana Saleem,Gulzar Firoz,Sana Noor,Afshan Rashid,Shakeel Ahmed Dingra and others important diginitries are also present.

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The Sooper Junoon Concert makes history as most iconic live act ever seen in Pakistan

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Karachi(Cliff News)Karachiites were treated to the most awaited concert of the year featuring Pakistan’s biggest Sufi rock band, Junoon. The event – which was organized by leading biscuit brand, Peek Freans Sooper to celebrate Pakistanis’ passion for their country on the birth anniversary of Quaid-e-Azam as well as to commemorate nearly 30 years of Junoon’s music – was declared a roaring success as it not only kept the audience singing along to the nostalgic tunes loud and proud, but also proved to be an awe inducing showcase of live effects and animation.Although there have been countless large-scale concerts throughout Pakistan’s history, a recent lull in the frequency of such events threatened to derail and completely submerge its live entertainment scene. The Sooper Junoon concert proved to be the impetus needed to jumpstart that trend once again.The event was a star-studded one with popular celebrities such as Wasim Akram, Zohaib Hassan along with an army of other celebrities and personalities in attendance. The much talked-about Ladies Only Pink Circle, which even Ali Azmat acknowledged on-stage as a first, was the crowning glory of the event while other enclosures were packed with people of all ages, all of whom had come together to see Junoon’s reunion after a long halt of 13 years.With a massive stage set for the Sufi-Rock Kings, the host for the evening, Faizan Haque, kick-started the event with Pakistan’s top DJ, Faisal Baig, whose Classic Rock music set helped build the mood for what was to come later. Following him were four brilliant opening acts, namely Lyari Underground, Khumaariyan, Tamasha and Sounds of Kolachi, every band making its own mark with the audience and leaving them yearning for more.With the appearance of each live act, the anticipation of the crowd for Junoon’s first live act in years grew, eventually getting to a point where it seemed like they just couldn’t take any more. However, once Junoon took to the stage, the evening took a turn from absolutely amazing to dream-like spectacular. With an incredible light show that was accompanied by L.E.D graphics and animations playing on three humongous screens which in their entirety spanned more than 200 feet in length, the audience was completely swept away by the entry. ” Wow! Look at all these people!” was the band’s first words on stage after 13 years when they saw the more than 10,000 in attendance.Junoon began with a tribute to the Father of the Nation before going on to perform iconic hits such as ‘Khudi’, ‘Sayoonee’, ‘Saaien’ and countless others.

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The band then came full circle with a beautiful tribute to Junaid Jamshed in the form of a heartwarming performance of ‘Dil Dil Pakistan’, thereby filling the atmosphere with great emotion and nostalgia.Perhaps the most memorable moment of the concert was when Salman and Ali veered away from the script to sit down on the stairs of the stage and do an impromptu performance of the legendary hit, ‘Wish You Were Here’; their way of paying tribute to global icons, Pink Floyd. From there they entered their classic hit ‘Chalay, Chalay Thhay Saath Saath’. To everyone’s surprise, Ali didn’t sing the last line of the song, a rare display of emotion by the rock star, which pushed many in the audience to tears again. He turned away from the audience and said, “They ask that ‘oooh Ali what does this reunion mean to you…and I go, meh it’s the usual’, but – this reunion…”, and just left it at that, simultaneously echoing the feelings of everyone in attendance.Even with such a fantastic presentation of raw sentiment and emotion through the power of music and lyric, nothing could prepare the massive crowd for what was next in store. For the band’s last performance of the evening, Jazba Junoon, the audience was treated to what was, arguably, the longest and most brilliant firework show in recent history. The event concluded with the singing of the National Anthem with everyone gasping and cheering in awe as massive green fireworks appeared, just as they played the last note. The coincidence of the timing escaped no one. Maybe it was all planned to perfection. Goosebumps.It is no doubt that Peek Freans has, once again, exceeded expectations with the Sooper Junoon Concert and given the people of Karachi an evening where they were left both dazzled and awed by legends and newcomers alike. One hopes that EBM – the makers of Peek Freans – are able to come up with even greater initiatives for the future and thus make good on their promise of promoting all that is great about Pakistan.

SooperJunoon -Ali & Salman rocking the stage

 

 

 

 

 

 

The Citizens Foundation and PakWheels collaborate for the 6th Auto Show in Karachi

The Citizens Foundation & PakWheels collaborate for the 6th Auto Show in Karachi (3)

Karachi(Cliff News)With yet another grand auto show, PakWheels brought together the popular and rare car models for the car enthusiasts in the city of lights – Karachi. The 6th auto show was held at the Port Grand, Karachi where the ribbon cutting ceremony was performed by the children from The Citizens Foundation (TCF).Like previous years, this time too, the Karachi Auto Show 2018 was a feast for automotive enthusiasts. From exotics, luxury, modified, 4×4 to bikes, there were more than 300 rides with hundreds of auto enthusiasts.“Karachi Auto Show is our major event and it is becoming increasingly popular among the car enthusiasts of Karachi. At the same time, we feel a strong responsibility of giving back to the community. We believe that education is an emergency in our country and that’s why we joined hands with The Citizens Foundation to give them a shout out for their positive contribution,” said Suneel Munj, Chairman and Co-founder of PakWheels.com.Supporting TCF’s education movement, PakWheels also offered a probono stall space to TCF to create awareness about their education model and raise funds to send more out of school children to school. TCF is operating its schools in the most remote rural communities and under-developed urban localities, enabling quality education for the unschooled children.“PakWheels has proved to be a valuable partner in supporting our mission to educate Pakistan. We are grateful to them for involving TCF in the celebration of their flagship event of the year. TCF’s presence at the event helped us reach out to the car enthusiasts and tell them about TCF’s impact in providing quality education in the most underserved communities,” said Isfandyar Inayat, GM Outreach.The highlight of the auto show was Rolls Royce 1924 Silver Ghost, which the Nawab of Bahawalpur gave Quaid-e-Azam on 14 August 1947 for his oath-taking ceremony. The car also participated in Concours d’elegance and competed against 230 cars from around the world and was crowned number 1 in the event.Apart from auto enthusiasts meet and greet, there were many fun activities for families. PakWheels.com proudly had Foodpanda, and TSM&Co as the giveaway partners. The Karachi Auto Show 2018 was sponsored by Suzuki, AGS, Careem, Pheonix, General Tyres, Benelli, and Daewoo Battery.By organizing such auto events, PakWheels provides a unified platform to all car enthusiasts across Pakistan.

Alkaram Reopened Bahadurabad Store in Karachi

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Karachi(Cliff News)Alkaram reopened doors to their flagship store in Karachi on the 25th of December 2018 at Bahadurabad. The love and appreciation showed by the consumers initiated the reopening of a previously loved store in the commercial hub of Karachi.
The store had also announced a flat 25% discount, for the 25th on all items of MAK and Alkaram except the latest collection. The lively evening hosted bloggers and other influencers while Chairman Mr. Anwar Teli cut the ribbon and launched the store officially.Alkaram has proved itself for more than 30 years after which it launched its first AK Studio outlet in 2011 and since then they have vowed to dress women of every age and size in Pakistan in the most fashionably elegant way possible. To-date they are one of the most affordable fashion brand in the industry that has been consistent with its creativity in all the fashionable apparels it produces.

About Alkaram Studio:

Building on the strength of Alkaram Textiles, the concept was created for customers to experience the depth, range and creativity of the Alkaram product portfolio. From fashion fabrics and apparel for Men, Women and Kids, to Home Textiles and home-ware needs, alkaram studio offers a complete creative concept where customers can realize their dreams and aspirations. Alkaram studio is a perfect haven for aesthetically-inclined women, who can bring their style language to life with fashion fabrics, ready-to-wear lines and stunning accessories from our stores.Alkaram studio is located in Karachi, Hyderabad, Lahore, Islamabad, Rawalpindi, Faisalabad, Sargodha, Multan, Gujrat, Mirpur, Peshawar, Gujranwala, Daska, Muzaffarabad, Mardan, Swat, Narowal, Bahawalpur and Dubai.

Dodgeball can take place main extreme sport in Pakistan:Syed Sakhawat Ali

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Karachi(Syed Qalbe Muhammad)Founder National Sports and Physical Education Foundation Abdul Karim Mughal said that Education is right and Sports is left direction of the society.It’s also become a bussiness and entertainment all over the world.He was addressing the National Dodgeball Foundation Course 2018 at Hexis College Karachi.He added we must need to think about that why our sports are declined day by day.In my personal opinion our sports management system is fail day by day that’s why we are not getting success.Our sports bodies are weak in Admin,Finance,technical correspondence and records.

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President Sindh Dodgeball Association Syed Sakhawat Ali said we are confident that this sports can take place as a main extreme game in Pakistan because every where people are going to timeless sports and in Dodgeball you need to play only 15 mins.After 3 mins players are changing the sides.This is a thrilling,fast and adventurous sports.He futher added that we can play dodgeball in men,women and mixed category.Four players are able to start the match.Listed players are only able to play.The fight is for centre ball.We use 5 balls in the match.The fight is for central ball the remaining four balls 2,2 get the both sides.Neutral Zone and attack line is important in the game.One team consists of 6 players.5 officials will supervise the match.Secetary Sindh Tennis Association Khalid Rehmani said that less practice is the major weakness in our sports.Dodgeball Association brain stroming session will introduce quality of players in Pakistan.On this occassion Chairman SDA Mukhtar Ahmed,G.S Abid Naeem,President SJAS Tariq Aslam,Muhammad Rafi,Abdul Qadir Salah,Shadman Raza,Laiq Butt,Sarwar Hussain and others are also present on the occassion.In the end of ceremony President SDA Syed Sakhwat Ali present the gift of three balls to Senior Journalist Maqsood Ahmed for special children.

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