KARACHI - Asad S Jafar, Chairman and Chief Executive Officer Philips Electrical Industries of Pakistan Limited, has been elected as the president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the year 2014.

This was announced at the 154th annual general meeting of the OICCI held at the Chamber the other day. Asif Saad, Chief Executive Officer, Lotte Chemical Pakistan Limited, was elected as the vice president.