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Institute of Business Administration - Karachi


Sir Anwar Pervez inaugurates UBL Sports Arena and Boys Hostel at IBA Karachi


On 20th of December 2013, Sir Anwar Pervez, OBE H Pk, Chairman Bestway Group inaugurated the Institute of Business Administration (IBA) University of Karachi’s UBL Sports Arena and Boys Hostel.

The impressive inauguration ceremony was graced by the Governor State Bank of Pakistan Mr. Yasin Anwar. The prestigious event was hosted by Dr. Ishrat Husain Dean of IBA; in attendance were captains of industry; diplomats; faculty members; students and alumni of IBA.

The UBL Sports Arena was constructed over a period of two years through donations by United Bank Limited.

The funds for the Boys Hostel were graciously donated by the Bestway Foundation Pakistan.

In recognition of Sir Anwar’s entrepreneurial successes and selfless philanthropic endeavours, Dr. Ishrat announced that IBA has decided to dedicate the Boys Hostel as Sir Anwar Pervez Boys Hostel.

Bestway Group Chief Executive Mr Zameer Choudrey who has been championing the Group’s corporate social responsibly initiatives said; “Bestway Group prides itself at being at the heart of the community as the country’s leading foreign investor we have actively contributed towards the capacity enhancement of Pakistan’s premier public business school. Thus facilitating the creation of an enviable alliance between academia, enterprise and philanthropy”.

Bestway Group owned UBL is Pakistan’s 2nd largest private bank and for the 2nd year running was declared the Bank of the Year for Pakistan by UK’s Banker Magazine.

Bestway Foundation Pakistan is a charitable trust which is chaired by Zameer Choudrey and provides funding to local schools; national universities and hospitals throughout the country.