PROFESSIONAL
ACCOUNTANTS IN
BUSINESS COMMITTEE

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Professional Accountants in Business represent more than 76% of ICAP’s membership, serving in influential roles across industries as business leaders, finance professionals, strategic partners, and advisors. They play a vital part in creating, enabling, reporting, and preserving value within their organizations and the broader economy.

The PAIB Committee is dedicated to engaging this large and diverse membership segment through professional development, industry-focused initiatives, and platforms that highlight their impact on business and society.

At present, the Committee is chaired by Muhammad Zaid Kaliya, FCA, who serves as Chief Financial Officer at TATA Pakistan and is also a Council Member of the Institute of Chartered Accountants of Pakistan (ICAP).

ICAP’s legacy of international engagement is further reinforced by the distinguished contributions of Yacoob Suttar-FCA, Founding Chairman of the PAIB Committee, Former President of ICAP, and Council Member. He served for six years as Member and Deputy Chair of the PAIB Committee of the International Federation of Accountants (IFAC) and was later appointed to the IFAC Board in recognition of his outstanding services. Following his legacy Khalilullah Shaikh-FCA remained the IFAC board member back in 2023 and extensively contributed for PAIB.

Continuing this legacy, Samiullah Siddiqui-FCA, President of ICAP and former Chairperson of the PAIB Committee, has remained an active member of the IFAC PAIB Advisory Group for the past three years now. His continued engagement further strengthens the Institute’s longstanding partnership with IFAC and reinforces ICAP’s global standing.

Terms of Reference
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Mr. Muhammad Zaid Kaliya, FCA

The committee is currently chaired by Mr. Muhammad Zaid Kaliya – FCA, Chief Financial Officer of TATA Pakistan and Council Member of the Institute of Chartered Accountants of Pakistan (ICAP).

He brings strong strategic leadership and a deep commitment to enhancing member value, strengthening institutional governance, and advancing the chartered accountancy profession in line with evolving global standards.

MISSION

Provide meaningful professional support and guidance to professional accountant members of ICAP working in various industries.

VISION

The PAIB Committee seeks to demonstrate professional excellence and positive attitude while providing a strong knowledge base to assist the members of ICAP working in various industries.

Timelines

Harvard Management Mentor (HMM)

A Collaborative e-learning offering of Harvard ManageMentor® from Harvard Business Impact.
24+ e-learning modules on leadership, managing yourself and managing the business modules at up to 60% discounted price.
Enables flexible, global-standard competency development at ease of fingertips that is globally accepted with HBI certificates.
Earn credly badges to boost your professional profiles

Industrial Guidelines

Industry specific publication to help support our members joining the respective industry newly.
Facilitates understanding industry stakeholders and keys dynamics.
Published 5 guidelines so far on Exploration and Oil, FMCG, Pharmaceutical, Textile, and Power.
Prepared by the known industry leaders

CFO Conference (CFO)

Flagship ICAP event since 2010.
Hosted 29 nationwide conferences and 5 international editions.
Brings together 1500+ finance leaders annually.
Focused on leadership, technology, economy, talent upskilling, innovation & sustainability

National Finance Olympiad (NFO)

Premier finance competition launched in 2015 with Unilever Pakistan.
Engages 100+ corporate teams yearly.
Multi-round format: quiz, simulations, presentations and team building activities spread across 3 rounds.
Showcases young and seasoned professionals’ analytical and strategic skills and recognizes them in befitting manner.

Professional Excellence Awards (PEA)

Relaunched in 2023, recognized 42 winners in 3 years.
Honors ICAP members in business across 6 business categories.
Recognizes excellence via an independent scrutiny process and final decision by an independent jury

Finance Leader 2.0

A joint program created with the support of the International Federation of Accountants (IFAC).
It offers program application and acquisition of knowledge, offering an opportunity to meet and learn from learned industry mentors and seasoned professionals.
Offers exclusive HBDI assessment to identify you’re thinking style.
Focus on mid to senior professionals for leadership development.
Offers learning under five modules spanning five days each.

ICAP EDGE (Evolve, Develop, Grow, Excel) Program

Providing inspiration and direction to protégés for personal and professional development.
300+ Members & affiliates facilitated so far.
A tier-based approach-recently launched to facilitate participants in a Structured manner via an industry-recognized leader in a defined time frame.
Focuses on career guidance, leadership, personal & professional growth.
Builds a strong support network for like-minded professionals.

Pakistan Trading Competition (PTC)

Nationwide virtual trading challenge for finance enthusiasts.
Offers real-time market simulation and learning.
Enhances and upskills investment, strategy & risk management skills via stock trading skills.
Promotes financial literacy through a known secondary source of income

CFO Roundtable Forum

An advocacy forum that establishes a high‑level dialogue between CFOs, ICAP, and public policy makers to bridge gaps between practical skill needs and curriculum/standards.
Deliver inputs from CFOs into national economic and regulatory forums (Ministry of Finance, Ministry of Economy, OICCI, SBP, FBR, and other sector regulators) to influence policy and enable finance function readiness.
Create formal channels that connect the finance function and business needs of the industry with ICAP’s curricula and ICAP training modules.