CORPORATE SOCIAL RESPONSIBILITY

Karachi School for Business and Leadership (KSBL) Project

The Karachi School for Business and Leadership (KSBL) was established when a group of Pakistani business and corporate leaders recognized that Karachi, the business and commercial hub of Pakistan, needed a world-class business school. Together, these business leaders formed Karachi Education Initiative (KEI), a non-profit organization with the goal of establishing a world-class, international graduate level business institution namely Karachi School of Business and Leadership (KSBL). They envisioned KSBL as a graduate management school that would offer high quality leading edge programmes to the many talented young men and women in the country as well as those accepted from abroad. KSBL is a school with a social conscience and will promote economic and social change by developing leaders who will impact organizations through their knowledge, skills and expertise, as well as contribute to business excellence by ensuring the application of highly professional and ethical practices in the national and international marketplace.

As a new institution, KSBL gained immediate credibility when it entered into a Strategic Collaboration Agreement with the University of Cambridge Judge Business School in the spring of 2009. Under the agreement, Cambridge is providing faculty to teach Executive Education programmes for KSBL in Karachi. A University of Cambridge certificate will be awarded to those participants who successfully complete the programmes. Cambridge is also working with KSBL in formulating the curriculum for its graduate and executive education programmes.

For this cause, AHCL’s Board of Directors has approved during the year a generous budgetary allocation of Rs.100 million from and on behalf of the Arif Habib Group Companies towards the construction of this world class institution. Mr. Arif Habib, the Chairman of AHCL is a director on the Board of KEI.