The Export-Import Bank of Pakistan (Pak EXIM) and the Institute of Cost and Management Accountants of Pakistan (ICMA International) have entered into a strategic collaboration through the formal signing of a Memorandum of Understanding (MoU). Held at the ICMA Head Office, the signing ceremony marks a unified effort to foster institutional growth, enhance professional capabilities, and create new technical avenues for both corporate professionals and specialized students.
The strategic agreement was signed by Mr. Shahbaz H. Syed, President & CEO of Pak EXIM, and Mr. Aamir Ijaz Khan, FCMA, CMP, Executive Director of ICMA Pakistan. The foundational objective of the partnership focuses on bridging the gap between theoretical financial education and practical trade finance operations. By solidifying industry-academia linkages, both organizations aim to co-develop robust professional capacity-building modules, facilitate technical knowledge-sharing, and provide students with direct insights into contemporary export-import financial frameworks.
The high-profile ceremony was attended by key executive members from both institutions, reinforcing the operational weight behind the partnership. Representing Pak EXIM were Mr. Faiz Muhammad Salman, Regional Business Manager (Central), and Ms. Farzana Adnan Alam, Regional Business Manager (North). The delegation from ICMA Pakistan included Mr. Asim Husain Khan, Senior Director MPD & CT; Mr. Shams Bhimani, Head of JPIL CRC; and Ms. Hira Fayyaz from the MPD & CT division.
This alliance comes at a crucial time as Pakistan looks to aggressively modernize its trade infrastructure and scale its global export competitiveness. By infusing specialized management accounting expertise from ICMA with the trade-facilitation mandates of Pak EXIM, the collaboration is positioned to train a new cadre of financial professionals equipped to handle international credit risks, structured trade finance, and export-led economic growth.
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