Karachi, April 6: The new Director of the Institute of Business Administration, Karachi, Dr. Ishrat Husain urged the employees of IBA to work with a renewed zeal to enhance the prestige of the institution. He was speaking at a reception arranged by the IBA faculty and staff to welcome him and to bid farewell to Mr. Danishmand, the outgoing director, at the IBA Main Campus on Saturday evening. Dr. Ishrat Husain, in his speech, said: “We should pay tribute to the people who have contributed to our nation and institutions.” 

Lauding the services of Danishmand, the IBA Acting Director, Dr. Muhammad Nishat said that during his tenure many new programmes were introduced by the Institute including the four-year BBA programme, B.S. & Ph.D. in Computer Science, M.S. in Economics & Finance and training programmes for the EOBI and the Sindh government officials, to name a few.

Dr. Nishat said that the number of faculty members has been increased to 90 including 23 Ph.D.s, while the number of students has been reached to 1,700 during the last few years. “The IBA has organized many international conferences and seminars during these six years and its credit goes to the outgoing director”, he added. 

Dr. Nishat pointed out that many of IBA faculty members were sent abroad for specialization during the last six years. He said that the IBA policy of ‘Admission only on Merit’ was strictly implemented during this period. The IBA arranged a country-wide talent hunt program with its own resources and provided financial support to the deserving cum meritorious students.

He welcomed Dr. Ishrat Husain and expressed his hope that the IBA will progress more during his directorship. Senior faculty and staff members also spoke on the occasion and lauded the services of outgoing Director, Danishmand. They also welcomed new IBA Director, Dr. Ishrat Husain. 

Later in the evening, the IBA Registrar, Prof. Inayat N. Din, presented a memento to Mr. Danishmand.

In his farewell address, the former Director, Danishmand, said that IBA has the best workforce that has made it a world-class business school. He asked the faculty members to promote merit, truth and openness for the betterment of the Institute. The program was concluded with a standing ovation to Danishmand.