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ISLAMABAD: Board of Investment (BOI) chairman Atif Bokhari resigned from his position due to personal reasons.
Bokhari is the third BOI chairman who resigned during three years tenure of the Pakistan Tehreek-e-Insaf (PTI) government. Before taking change, Bohari was a banker with 32 years of experience in domestic and international banks.
Prime Minister Imran Khan had appointed Atif Bokhari as the BOI chairman in March last year. Bokhari had replaced Zubair Gilani and remained on the post for about 14 months.
Earlier, three chairmen of the Board of Investment had resigned during the tenure of government including Naeem Zamindar, Haroon Sharif and Zubair Gilani.
The BOI is an investment promotion agency that assists companies planning to invest in Pakistan and those planning to expand their already existing Pakistani operations.
It was established for the promotion of investment in all sectors of the economy, facilitation of local and foreign investors for speedy materialisation of their projects, enhancing Pakistan’s international competitiveness, and contribution to economic and social development.
The board assists companies and investors who are investing or intend to invest in Pakistan as well as facilitates the implementation and operation of their projects.
It acts as a focal point of contact for existing and prospective investors, both domestic and foreign, to provide them with all necessary information and assistance in coordination with government departments at the federal and provincial level.