PM appoints Ali Jehangir Siddiqui honourary ambassador for foreign investment

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GEO NEWS
Ali Jehangir Siddiqui, an investment banking expert, last served as Pakistan's ambassador to the United States. He stepped down from that post in December 2018. — Geo News FILE

ISLAMABAD: Prime Minister Imran Khan has appointed Ali Jehangir Siddiqui as an honourary ambassador for foreign investment, a Ministry of Foreign Affairs notification said Friday.

"The prime minister has been pleased to approve the appointment of Ali Jahangir Siddiqui as Ambassador-at-Large for Foreign Investment in an honourary capacity with effect from June 13, 2019," the notification read.

Siddiqui, an investment banking expert, is the son of renowned businessman and banker Jahangir Siddiqui. He holds a BA in Economics from Cornell University, US.

In 2014, he was honoured by the World Economic Forum as a Young Global Leader.

Siddiqui was previously appointed Pakistan's ambassador to the United States by the Pakistan Muslim League-Nawaz (PML-N) government. He stepped down from that post in December 2018.

Prior to his appointment as an ambassador to the US, he was appointed special assistant to the prime minister with the status of a minister of state.

Siddiqui had previously been serving as chairman of JS Bank and JS Private Equity.

In 2006, Siddiqui founded JS Bank by acquiring the operations of the American Express Bank in Pakistan. He also served as the Chairman of JS Bank. JS Bank operates branches in over 160 cities.

He has previously been a member on the boards of the following institutions:

Board member of the Community Development Board (CDB) of the Government of Sindh

Board member of the Private Sector Task Force of the Planning Commission of the Government of Pakistan

Board member of the Board of Investment of the Government of Sindh

Board member of the Privatization Commission of the Government of Pakistan

Director of the Acumen Fund (charity)

Director and ex-CEO of the Mahvash and Jahangir Siddiqui Foundation (charity)

Siddiqui has also lectured at various universities, including College of William and Mary in Virginia, National School of Public Policy in Lahore, National Defence University in Islamabad, Entrepreneurship and Management Excellence Center at Institute of Business Management in Karachi and School of Advanced International Studies at Johns Hopkins University in Washington DC.