IBA Bids Farewell to Dr. Ishrat Husain
The first ten days of March 16' were dedicated to multiple farewells in honour of the Dean & Director IBA, Dr. Ishrat Husain, whose eight year tenure came to an end this month. On 8th March, the staff of IBA held a farewell dinner in honour of Dr. Ishrat Husain on the spectacular green grounds of IBA with the newly constructed IBA Library in the background. Mr. Abdul Karim Modi, Assistant Administration office hosted the evening; acknowledging Dr. Ishrat Husain's many contributions to the IBA and his efforts towards improving the condition of IBA staff by offering many benefits to them. Throughout the evening many videos comprising of Dr. Ishrat's various achievements and different facets of his personality were showcased to the audience.
Under his visionary leadership, twenty one new projects costing Rs. 3.2 billion were completed and ten existing buildings and structures were renovated at the cost of Rs. 1.6 billion. As a result of these projects IBA has 47 functional buildings compared to 29 in 2008. This expansion in physical infrastructure from 229,000 sq. ft. to 467,000 sq. ft. has raised the capacity to accommodate 4000 students compared to 1800 students in 2008-09. Supporting utility infrastructure has also been upgraded and expanded to cater to the needs of the two campuses.
Addressing the audience, Dr. Ishrat Husain said that he firmly believes in teamwork and this turnaround at IBA would not have been possible had it not been for the dedication and hard work of the staff. Dr. Ishrat said, 'We have not been negligent in our care of the lower grade employees. More than 150 such employees got security of job through conversion to Government's BPS scales. They are now entitled to Pension benefits. Our contribution to the Gratuity and Provident Fund has risen ten times in the last six years i.e. from Rs. 9 million to 2008-09 to Rs. 89.5 million in 2014-15. A Staff Welfare fund has also been set up to provide loans on easy terms and grants to the employees for health and education of their children.' Dr. Ishrat also said that it was his profound wish that a son of a gardener should not become a gardener and hence assistance to the lower staff has been provided so that they educate their offspring as education is the key for social upliftment. Dr. Ishrat also urged the IBA staff to work diligently and honestly for the progression of this great institution, as he said that it was his personal experience that honesty and dedication towards one's job always reaps great benefits for the individual.
Extending his gratitude, Dr. Ishrat said, 'I would like to seek forgiveness if I have inadvertently hurt the feelings of any one of you during my interactions during the period, I also want to thank each one of you for organizing the farewells for me. I was deeply touched by the affection and warm sentiments you have expressed for me on these occasions. It has been a matter of deep satisfaction for me to have worked with you. I am sure you would continue to work with the same zeal and dedication as you have shown during the last eight years of association with me. I wish you and your families a healthy, happy and meaningful life. May Allah SWT bless you!'
Dr. Ishrat Husain received many standing ovations throughout the evening and many tokens of appreciations and bouquets were presented to him from various departments of IBA to demonstrate their affection and appreciation for him. The IBA staff also took this opportunity to have many memorable pictures taken with Dr. Ishrat Husain.