Pervez takes charge of HBFC

KARACHI (PR): Pervez Said has taken over the charge of House Building Finance Company Limited (HBFC Ltd.) as Managing Director/CEO here at Karachi. Prior to this, he was among the Board of Directors of Al-Baraka Bank Pakistan Ltd.

Said brings over 34 years of well-diversified work experience of banking and non-banking sectors, to HBFCL.

In the banking sector he has worked in both Islamic as well as conventional banking and has extensive exposure and experience of all aspects of banking at different levels including the CEO position. He has served as a member and Secretary of the State Bank of Pakistan’s Shariah Board. He has worked for Meezan Investment Bank, Citibank, Mashreq Bank in the UAE, State Bank of Pakistan and Burj Bank where he was the CEO.

In non-banking sector he has worked for some of the world’s leading multinationals including Exxon Chemicals Pakistan Limited, Unilever Pakistan Ltd, Reckitt & Coleman Pakistan Ltd, W. Woodwards Pakistan Ltd and Johnsons & Johnsons Pakistan Ltd. where he rose to the level of the Managing Director.

Said is considered an expert in Islamic banking and marketing. He has an MBA degree from Ohio University USA with major in Finance and Marketing.

Millat Tractors presents Rs3.3m cheque to FCC

LAHORE (PR): Millat Tractors Ltd has presented a cheque of Rs 3.3 million to Forman Christian College (FCC) for student scholarships. Millat Tractors committed Rs 10 million for student scholarships at FCC. This cheque was their third payment. Over 100 students benefited from the last two payments.

CEO Millat Tractors Irfan Aqeel expressed his pleasure and pride for being associated with FCC for such a noble cause. He congratulated FCC for producing leaders to serve the society since the past 150 years. He promised that Millat will try and always support FCC with their mission of providing equality education to the nation. Rector FCC Dr James Tebbe thanked Millat Tractors for their support and appreciated their generosity.

JS Bank signs contract

KARACHI (PR): In line with its vision to provide quality and innovative banking products and services to its customers, JS Bank has selected ‘Genesys’, the world’s leading provider of Contact Center Solutions, which will be deployed by C-Square Consulting. The contract was signed by Group Head – Corporate & Retail Banking at JS Bank Limited, Kamran Jafar and Ahsan Mashkoor CEO of C-Square Consulting.

This will be the first implementation of Genesys SIP Solution in Pakistan. In addition JS Bank is also installing an enterprise-wide Customer Relationship Management solution named “Avantage” to provide its customers a superior service experience.

NIB Bank expands collaboration with Misys

Karachi (PR): Misys, the global leader in treasury and capital markets solutions, has announced that NIB Bank in Pakistan has implemented Misys Opics Plus and Opics Risk Plus in its Treasury and Risk Department. NIB Bank needed to automate treasury processes for FX, money market, capital market and derivatives in its operations in Karachi, Pakistan.

NIB Bank, headquartered in Karachi, is one of the largest banks in Pakistan and also one of the largest corporate entities of the country with a paid up capital of Rs. 103 billion.

The advanced risk management and compliance tools from Misys will help NIB Bank to enhance the transparency of its operations. The solution gives a fully integrated treasury and capital markets solution with rich straight-through-processing, treasury and back-office functionality. Within the solution, an award-winning risk analytics engine enables risk managers to reduce the total cost of ownership of NIB Bank’s treasury and trading operations.

Khurram Agha, CIO at NIB Bank states, “Expanding our collaboration with Misys offers us a full-fledged treasury solution that meets NIB Bank’s requirements. Misys Opics Plus and Opics Risk Plus Solutions will be seamlessly integrated with our core banking back-office system. This will enhance our treasury operations and keep our commitments to our customers and continue to offer them the best experience.”

RMS Robotics Department

ISLAMABAD (PR): France played a dazzling host to a group of eager Pakistani students and faculty members from Roots Millennium Schools, Islamabad over a period of one week. This lucky group got to experience the wonders of the country first-hand: participating in a conference on Robotics and Technology, sight-seeing, interacting with local personalities, visiting the iconic Eiffel Tower and Paris Disneyworld, and pretty much soaking up the cultural offerings all around.

Roots Millennium Schools, Islamabad Department of Robotics was invited to be a part the iconic three days long 16th Virtual Technology Conference at Laval, France. The Conference covered areas like providing global solutions in Virtual Prototyping for manufacturing industries, Natural User Interaction (NUI), Virtual, Augmented and Robotic Humans (VARH), Digital Heritage (DH), Augmented Experience within Real-Time Tele-Immersive Environments (AE), and Interactive Art for Active Audience (IAAA). Mr. Laurent Chretien, Director De Laval Virtual, had the honor of conducting this one-of-a-kind forum.

Orient air conditioners

LAHORE (PR): After the successful launch of Orient Smart LED TVs, Orient Electronics has introduced three new series of Smart air conditioners which are extremely powerful and efficient as compared to other brands, and are engineered for Pakistan’s extreme summers.

The Econotech Series features one of the most energy efficient air conditioners available today.

 This series is super-efficient and super-powerful and they consume up to 20% less power. The Econotech Series can also be controlled and monitored with a smartphone through cloud networking because of a built-in feature which allows it to connect to the Wi-Fi networks at homes or in the offices. This innovative feature allows you freedom, convenience and saving never heard of before.

With inflation spiraling higher every day, along with the cost of energy in tow, Orient’s new products ensure that electronic appliances are easily affordable not just in terms of purchase price but also in terms of lower operational, maintenance and energy costs. Orient believes that through the concept of “Live In Innovation,” and introducing newer, more energy efficient technologies and more innovative products, consumers can get the right value for their money and live comfortable lives. This shift in philosophy is clearly evident in their recent campaigns.

Int’l nurses day celebrated

KARACHI (PR): Tabba Heart Institute celebrated International Nurses Day week long activities from May 12 to May 16, 2014 by organizing various awareness sessions about cardiovascular diseases its risk factors and the ways for its prevention through Life Style modification and healthy diet, infection control & Diabetes, Angioplasty Pre & Post Care.

 International Council of Nurses suggested this years’ theme focusing nurses as force of change – A vital resource for health.

Tabba Heart Institute, as part of its Community Service Responsibilities organized session at Tabba Heart Institute on Basic Life Support & First Aid for non- health care providers to educate them how to rescue a person who needs immediate Cardiopulmonary Resuscitation.

Interactive sessions for the hospital visitors were organized at hospital atrium.

Samsung’s new series of premium audio products

LAHORE (PR): Samsung Electronics has announced the Samsung Level, a new series of premium audio products. The Level series builds on Samsung’s heritage in industry-leading mobile products to offer a range of audio accessories with organic sound quality, superior comfort, portability, and style that give mobile users the best possible sound experience for their smartphone or tablet.

The Level series is comprised of four types of expertly crafted audio products for any type of mobile user: Level Over, Level On, Level In, and Level Box. All four products allow users to take calls while listening to any type of audio and ensure the best sound clarity during their call in harmony with Samsung’s industry-leading mobile technology.

“Samsung understands the importance of music and audio in the lives of our consumers,” said JK Shin, CEO and Head of IT & Mobile Communication at Samsung Electronics. “With the Level series, we have crafted an incredible line of audio products designed for the mobile user with organic sound, premium design aesthetics, and optimized mobile audio controls.”