Board for export fund constituted

ISLAMABAD: The government on Friday constituted a private sector Board of Administrators of Export Development Fund (EDF) with immediate effect.

Comprising an overwhelming 16 members from the private sector, the EDF has been constituted under section 5 of the Export Development Fund Act 1999 (amended 2026), to look after administrative affairs of the EDF.

Led by Service Long March Tyres Ltd Chief Executive Omer Saeed, the board comprised Style Textile Pvt. Ltd CEO Shahzad Asghar Ali, Interloop Ltd Director Tariq Iqbal Khan, Artistic Milliners Pvt. Ltd CEO Yaqoob Ahmad, Nishat Mills Ltd CEO Mian Umer Mansha, Novatex Ltd Executive Director Shabbir Diwan, Verdora Ventures CEO Syed M. Mahd, Systems Ltd CEO Asif Peer, chairmen/presidents of the Pakistan Business Council, the Federation of Pakistan Chambers of Commerce and Industry, Rice Exporters Association of Pakistan, Surgical Instrument Manufacturers Association of Pakistan, Pakistan Sports Goods Manufacturers & Exporters Association, All Pakistan Meat Exporters & Processors Association and Pakistan Pharmaceuti­cal Manufacturers Asso­cia­tion.

Public sector members include secretaries or their BS-21 representative of the ministries of Finance, commerce, national food security, Industries & Production, chief executive of Trade Development Authority of Pakistan and Executive Director Export Development Fund and Dr Mohammad Saeed, Senior Technical Adviser on Trade, Customs and Institutional Reforms.

Published in Dawn, February 21st, 2026

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