Professional Documents
Culture Documents
Icmap Newsletter January 2021
Icmap Newsletter January 2021
Icmap Newsletter January 2021
Estd. 1951
www.icmap.com.pk
Newsletter January 2021 | Vol: 21.1
A Memoir of Institute’s activities and programs for professional development and corporate networking
ICMA Pakistan's 55th Annual General Meeting (AGM) was held on Saturday,
January 30, 2021 at 6:00 p.m. at Head Office, Gulshan-e-Iqbal Karachi under the
chairmanship of Mr. Zia ul Mustafa, President ICMA Pakistan. The AGM was
attended by the office-bearers viz. Mr. Abdul Wasey Khan, Vice President, Mr.
Shehzad Ahmed Malik, Honorary Secretary; Mr. Muhammad Yasin, Honorary
Treasurer and Council Members viz.
Mr. Ghulam Mustafa and Mr. Ather
Saleem Ch. The AGM was largely
attended by the members,
physically at Karachi, as well through
video-link connectivity from other ICMA Pakistan Campuses at Lahore,
Islamabad, Multan and Faisalabad.
The draft minutes of the 54th AGM held on March 01, 2020 were confirmed and
the Report of the Council and the Accounts of the Institute for the year ended
June 30, 2020 and the Auditors' Report thereon were adopted and approved.
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
The 19th National Council Election (2021-2023) was held on Sunday My tenure of Chairmanship of Research and
January 24, 2021 at Head office Karachi and at the Campuses at Publications (R&P) Committee has been
Lahore, Islamabad, Faisalabad, Multan, Peshawar and Quetta. The completed and I feel much satisfied and
overseas members casted their votes online. The Elections were contended that during the three years we have
taken a host of initiatives and achieved milestones
conducted and supervised by the Election Committee as under:
an infographic of which also circulated to
Mr. Jalal Ahmed Khan, FCMA Chairman members. I am now passing on the torch to the
Mr. Sadiq M. Naim Mian, FCMA Member new Committee with the hope that they would
move forward to achieve more milestones. My
Mr. Abdus Sattar, FCMA Member best wishes would always be with the new
The Election Committee appointed the following as Election Officers: Committee.
Sr. Name Membership # Polling Station I wish to place on record my deepest appreciation
to the R&P Committee and Directorate for their
1 Aqeel Ahmed F-1563 Karachi
valuable support and cooperation which led to
2 Nizam-Ud-Din F-311 Lahore the accomplishment of these milestones.
3 Najaf Anwar A-5423 Faisalabad I wish all of you a happy New Year and Insha Allah
4 Muhammad Rafiq F-1335 Multan this year will mark the end of the COVID-19
pandemic. Stay blessed.
5 Saqib A-6866 Quetta
6 Muhammad Fawad Baig A-5624 Peshawar
Muhammad Yasin, FCMA
7 Ehtisham Ul Haq A-4809 Islamabad Chairman,
8 S. Wasi Ul Hasan F-1394 Overseas Research and Publications Committee
2
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
3
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
4
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
41 Job Opportunities
for CMAs announced
in Newspapers in January 2021
Members are requested to share the detail of such vacancies, where CMA qualification has not been
mentioned, at member@icmap.com.pk. We have a formal system in-place to request those
employers for the inclusion and onward consideration of CMAs.
Sr# Organization Job Title Newspaper Date
1 National Power Parks Management Company o General Manager Finance (01- Position) Dunya January 1, 2021
(Private) Limited o Management Trainee Officer
o (Accounts/ Finance) (1-Position)
o Management Trainee Officer
o (Corporate Affairs) (01-Position)
2 National Electric Power Regulatory Authority (NEPRA) Senior Advisor (Finance) Dawn January 3, 2021
3 Pakistan Revenue Automation Private Limited (PRAL) Chief Financial Officer Dawn January 3, 2021
4 A public sector company Chief Financial Officer Dawn January 09, 2021
5 A public sector commercial bank Head of Audit & Inspection Dawn January 10, 2021
6 Pakistan Mineral Development Corporation Chief Financial Officer Dawn January 10, 2021
7 Foundation Wind Energy Limited Assistant Manager Finance The News January 10, 2021
8 Pak Exim Bank of Pakistan (PAK EXIM) Group Head Finance Dawn January 10, 2021
9 Quaid-e-Azam Solar Power (Pvt.) Limited Lahore o Company Secretary / Manager Nawa-i-Waqt January 13, 2021
o Legal − Manager Finance
5
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
10 National Insurance Company Limited (NICL) o Zonal Manager Accounts, Dawn January 14, 2021
o Deputy Manager (Treasurer)
o Assistant Manager (Treasurer)
11 Heavy Mechanical Complex Limited o Chief Financial Officer, Express January 15, 2021
o Company Secretary
12 Punjab Municipal Development Fund Integrated Development & Express January 15, 2021
Company (PMDFC) Asset Management Planning (IDAMP)
14 Pakhtunkhwa Energy Development Deputy Director (Finance) (BPS-18) Express January 17, 2021
Organization (PEDO)
15 Frontier Works Organization (FWO) o Deputy Manager Finance, Jang January 17, 2021
o Assistant Manager Finance
16 Punjab Health Facilities Management Company Chief Internal Auditor Dunya January 20 2021
17 Pakistan Railway Freight Transportation Company Company Secretary Jang January 20, 2021
18 Faisalabad Waste Management Company o Chief Financial Officer Jang January 20, 2021
o Company Secretary
20 Northwest General Hospital & o Manager Continues Quality Mashriq January 24 2021
Research Centre Peshawar o Improvement & Audit
21 Lahore Waste Management Company Chief Financial Officer (M3) The Nation January 26, 2021
22 Punjab Skills Development Fund Lahore Manager Audit, Risk & Compliance, Jang January 26, 2021
Associate Internal Audit
23 Trading Corporation of Pakistan (Pvt.) Limited Company Secretary Jang January 27, 2021
24 A Federal Government Owned Entity Chief Executive Officer/ Dawn January 31, 2021
Managing Director
25 Our client, a large Oil & Gas upstream Company Secretary Dawn January 31, 2021
Public Sector Company
26 SME Leasing Limited Deputy Manager Accounts − Dawn January 31, 2021
Compliance Officer
27 Our client, a market leader in Pakistan Chief Strategy Officer Dawn January 31, 2021
with footprint across the country
28 A leading organization o Manager Finance (1-Position) The News January 31, 2021
o Accounts Officer (4-Positions)
29 Power Information Technology Company Corporate Accountant Express January 31, 2021
6
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
51 Job Opportunities
for CMAs announced in
Social Media in January, 2021
Members are requested to share the detail of such vacancies, where CMA qualification has
not been mentioned, at member@icmap.com.pk. We have a formal system in-place to
request those employers for the inclusion and onward consideration of CMAs.
Sr# Organization Job Title
7
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
First Live Session was hosted on January 01, 2021 with Mr. Muhammad Adil Khan ACMA, CFO, The National Radio and
Telecommunication Corporation. Ms. Asifa Hanif was the session moderator.
Second live Session was hosted on January 08, 2021 with Syed Adeel Ahmed, Chief Financial Officer, Diamond Tyres Limited. Ms.
Asifa Hanif was the session moderator.
Third live Session was hosted on January 15, 2021 with Ms. Sehrish Ishtiaq, FCMA, Company Secretary, Netsol Technologies
Limited. Ms. Asifa Hanif was the session moderator.
Fourth live session was hosted on January 22, 2021 with Mr. Muhammad Rafiq, ACMA Head of Taxation National Foods. Ms.
Asifa Hanif was the session moderator.
Fifth live session was hosted on January 29, 2021 with Mr. Waseem Ahmad Khan, Director, Securities & Exchange Commission of
Pakistan (SECP). Ms. Asifa Hanif was the session moderator.
8
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
A live Session was hosted on January 06, 2021 to meet our renowned Faculty Members which were included Dr. Zeeshan
Mahmood; Mr. Yaseen Jamal and Mr. Thakur Imran Muzaffar to inquire questions about Strategic Level-2. Mr. Ayaz Mustafa,
Joint Director/ Campus Incharge, Faisalabad Campus moderated the session.
Karachi Branch Council (KBC) organized a Live Webinar on 'Become a Professional Speaker' on January 16 & 17, 2021. Mr. Ather
Saleem Ch., Chairman CPD Committee was the Chief Guest in the valedictory session. Mr. Zaid Kaliya, Chief Financial Officer at
Shield Pakistan was the lead Speaker who made a comprehensive presentation and highlighted the use of powerful language,
gestures and vocal variety that move people to action and increases the influence and persuasion of message.
9
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
Examination
The Institute announced the results of December 2020 Examinations [held for all eighteen (18) courses from Operational
Level-1 (OL1) to Strategic Level-2 (SL2), Practical Corporate Training Modules Examinations (PCTME) and Membership Pathway
Exam (MPE)] in 10 working days after the conclusion of OL1 to SL2 Examinations. There were 2,523 examinees [head count]
enrolled in OL1 to SL2 Examinations, 14 in PCTME and 05 in MPE. While, the following students achieved the Institute's
proficiency awards in PCTME, December 2020:
Certificate of Merit
Name Reg. # Module Level Centre
Hassaan Ahmed 20160283 Financial Modeling and Practical Corporate Lahore
Management Reporting Training Level-1
Osama Tariq 20160324 Practical Aspects of Taxation Practical Corporate Islamabad
Training Level-2
10
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
During the month, the examinees were got enrolled for Institute's forthcoming February 2021 Examinations [for all eighteen
(18) courses from Operational Level-1 to Strategic Level-2 and Local Laws Gateway Examination (LLG)], which are scheduled to
be held from February 13, 2021, under Study Scheme-2018. The examinations are proposed to be conducted at Karachi, Lahore,
Islamabad, Multan, Faisalabad, Hyderabad, Peshawar, Quetta and outside Pakistan [through Remote Access].
The Officials of the Examination Department also participated in an 'Interactive Facebook Session with Students', held on
January 30, 2021, with the intention to identify weak areas of study, give exams guidelines and to provide instant feedback
through a Live Question-Answer Session with regard to December 2020 Examinations results.
The Nov-Dec 2020 issue of Management Accountant Journal was released by the Research and
Publications Department. This issue was on the theme of 'Cost Audit and Consumer
Protection'. The Salient Feature of this issue was an 'Exclusive Interview' of Mr. Aamir Khan,
Chairman, Securities and Exchange Commission of Pakistan (SECP) in addition to eleven
insightful articles contributed by the members of the institute. The issue is available on link:
https://www.icmap.com.pk/management_accountant.aspx
In the six issues released in 2020, 33 members of ICMA Pakistan contributed 53 articles; out
of which 22 were Fellows whereas 11 were Associate members. A notable feature of 2020
was that 16 new members of ICMA Pakistan shared their first articles in the Management
Accountant Journal. In addition, 14 experts and non-members, including professionals and
people from the academia and journalism contributed articles in the Management
Accountant Journal during the year 2020.
11
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
The soft copy of the Special Supplement was hosted on the website and Member area of the Institute's
website and also emailed to all the members before the elections.
12
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
ICMA Pakistan and Dawn Group of Companies have joined hands to collaborate and promote Professional Management
Accountants. MoU was signed by Mr. Aamir Ijaz Khan Executive Director, ICMA Pakistan and Mr. Asad Ullah Rajput, Head of
Department, Internal Audit of Dawn Group of Companies.
The Executive Director appreciated the efforts of both organizations in recognizing the importance of management accounting
profession and continuous professional development programs. This collaboration will also help to contribute towards
increasing financial literacy and training and development programs in the year ahead.
Walk in Interview
The Members' Professional Development & Corporate Trainings (MPD&CT) Department arranged following walk-in Interviews
for different positions, including internships, in various organizations during the month of January 2021.
o Salman Raheel & Co for Assistant Manager Accounts & Manager Finance positions
o Master Motor for Internship Position
o HATCO Engineering for Internship Position
o Shujabad Agro for Accountant Position
o Al Rahim Textiles for Sr. Executive Taxation position
o Chase up for Internship position
o American Accounting Consultancy for Multiple Positions
o Markematics (Pvt.) Limited for Junior Executive positions
o Work hall Karachi for Internship Position
o Falcon-I (Pvt) Ltd. for Internship Position
o Master Motors for Management Trainee Officer Position
o Premium Textiles for Internal Audit Position
o Associated Consulting Engineers ACE (Pvt.) Ltd. for Accountant Position
o Dolphin Media for Accountant Position
o Careem for Financial Lead Position
o Chase Up for Internship Position
o Think Higher for Internship position
Corporate Meetings
Members' Professional Development and Corporate Trainings (MPD&CT) Department interact with HR Consultants and
Corporate Sector organizations to create training, Internship and Placement opportunities for students and members. The MPD
& CT department visited and invited the dignities for job creation Mr. Rajesh Kumar CEO from Human Capital visited on 7th
January 2021 and Ms. Amna Ansari, Human Resource Head at Advance Lab (Pvt.) Ltd. visited on 28th January 2021.
13
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
A Live Facebook Career Counseling Session was held on 7th January 2021.It was conducted by Mr. Zakir Hussain Satti, Regional
Director North and Campus Incharge Islamabad. Ms. Aiza Ahsan, Education Officer, Islamabad Campus was the moderator of
the session. The learned speaker discussed the scope of choosing this career pathway of CMA at length and the benefits to be
reaped after acquiring this degree. He answered the questions of the audience specially students comprehensively and
informed them about the exemptions which the I-COM,B-COM and M-COM students get when they enter the CMA Programme
which reduces their burden of the whole syllabi to a certain extent and helps them, in completing this corticate /degree in a
short span of time provided prepared thoroughly. It was a very informative webinar attended by a large number of audiences.
Another Live Facebook Career Counseling Session was held on January 28, 2021 which was conducted by Mr. Salman Rizvi,
Deputy Director North Nazimabad Campus, Karachi. In the absence of face-to-face career counseling due to the Covid crisis,
ICMA Pakistan is providing the students with an opportunity to interact with career counselors virtually via Facebook. It's easier
than ever for the students to get information regarding Online admissions and classes. Ms. Aiza Khan was the session moderator.
Meetings of Toastmasters
Club Islamabad
The ICMA Pakistan's Toastmasters Club continued its educational
activities through conducting four online meetings on very
interesting and attractive themes as follows:
– Conflict Management Skills
– To Stop Worrying and Start Living
– How Zero to One
– Unshakable
The senior members of the club shared their wisdoms, knowledge and experiences on these themes. These quality meetings
also attracted many guests throughout the country and they showed their willingness to become active members of the club for
improvement of their communication and leadership skills.
14
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021
1 A-5279 Muhammad Furqan Karachi 1 F-574 Shaukat Hayat Khan Baluch Rawalpindi
15
ICMAP
NEWSLETTER
Estd. 1951 Vol: 21.1 | January 2021