Pakistan Kuwait Investment Company (Private) Limited
Danish Durrani is currently the Vice President-Treasury at Pakistan Kuwait Investment Company (Private) Limited. Prior to this, Danish held positions at Industrial and Commercial Bank of China and KASB Bank, where Danish worked in Money Markets and Treasury. Danish has a strong educational background, with a Master of Business Administration from the Institute of Business Administration, a Certificate Course in Risk Management, an MSc in Finance from Alliance Manchester Business School, and a BSc in Banking and Finance from the University of Essex.
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Pakistan Kuwait Investment Company (Private) Limited
Pakistan Kuwait Investment Company (Private) Limited (PKIC) is Pakistan’s leading Development Financial Institution (DFI) engaged in investment and development banking activities in Pakistan. PKIC was established as a joint venture between the Governments of Pakistan and Kuwait in 1979 and the company initiated operations with a paid-up capital of Rs. 62.50 million. Over the years paid-up capital and reserves have increased manifold and currently the total equity stands at a healthy Rs. 8.9 billion, reflecting upon the company’s impressive performance since inception. PKIC was the first Development Financial Institution (DFI) of its kind in Pakistan with an objective to induce infrastructural development, a purpose it has lived up-to successfully. PKIC as a development financial institution has played a pivotal role in promoting industrial activity, by way of equity and debt investment in key areas of the economy. PKIC continues to serve as a medium for catalyzing infrastructure development and enhancing real economic activity, helping the nation in achieving a steep yet sustainable growth trajectory. PKIC is a progressive and evolving organization providing attractive returns on investment to its shareholders. PKIC’s impressive history of dividend payouts, which amounted to Rs. 10 billion since the time of its inception, is a testimony to its investor-friendliness. The company’s strength lies in its strong business relationships within Pakistan and the Gulf region.