IBA inaugurates Rs 1.1b Aman Tower
IBA celebrated the Inauguration of its 14 storey Aman Tower at its City Campus location in Garden East in Karachi. The Aman Tower is a notable addition to Karachi's skyline off M.A. Jinnah Road, 5 minutes from the Mazar-eQuaid, with the building hosting a library, visiting faculty residences, 8 classrooms, 2 lecture theatres, 4 seminar halls and also accommodating IBA's Centre for Executive Education, Centre for Excellence in Journalism, Centre for Excellence in Islamic Finance and the Centre for Business & Economics Research. The project was valued at Rs. 1100 million and was completed within 48 months.
The inauguration honored the generous donation from the Aman Foundation and its parent group The Abraaj Group UAE. The guests of honor included Mr. Arif Masood Naqvi (Founder & Group Chief Executive - The Abraaj Group), Ms. Fayeeza Naqvi (Co-Founder & Chairman - The Aman Foundation), Mr. Malik Ahmad Jalal (CEO - The Aman Foundation) and Dr. Ishratul Ebad (Governor Sindh). Other guests present for this occasion included Minister for Education Mr. Nisar Khoro, Mr. Javed Jabbar and Mr. Arshad Mehmood.
Dr. Ishrat Husain NI welcomed the audience and respected guests and remarked on this landmark accomplishment of IBA. He expressed his gratitude to the Aman Foundation for its contributions and their trust and confidence in IBA to complete such a monumental task. He thanked the Aman Foundation for being the first organization to respond to his strategic plan in 2009, with a donation of an excess of Rs. 900 million. While listing the journey of the project he mentioned that IBA has received all its donations and grants from Pakistani donors for its infrastructural expenses which is a matter of pride for Pakistan. He recognized Mr. Arif for his notable contributions to Pakistan through his various charitable organizations which work towards alleviation of poverty and towards improvement of living for the underprivileged. He thanked Mr. Rehan ul Ambia (Director Projects) and Capt. Retd Ahmed Zaheer (Registrar IBA) and his team for their selfless efforts to complete the project during his tenure.