Page 10 - CMA Journal (Jan-Feb 2024)

E XCLUS I VE I N TERV I EW
Exclusive Interview

Mr. Musadaq Zulqarnain

Chairman, Interloop Limited &

Interloop Holdings

Academic institutions can play a crucial

role in the overall economic development of

the country by aligning their programs with

the evolving needs of industries,

understanding current and future skill

requirements, technological advancements,

and market trends

ICMA: Congratulations on your nomination to the Export diverse, inclusive, and engaged workforce; digital

Advisory Council by the Government. How do you aim to transformation; andagile manufacturing

leverage this role to enhance resilience and stimulate ICMA: How does your company invest in capacity building

growth inPakistan'soverallexport industry?

tomeet industry demands?

Musadaq Zulqarnain: Growth in exports can only be Musadaq Zulqarnain: Interloop invests significantly in

achieved with sustained, well-thought-out policies. The building infrastructure for training and development, as

state has little fiscal space to implement any policy. Political well as in programs to train and nurture our talent. Our

stability is a cornerstone for the successful execution of any Human Resource Department conducts regular “Training

effective policy, particularly those aimed at fostering Need Analysis”, to identify the development needs of our

economic growth and bolstering international trade. The people and prepares comprehensive people development

upcoming elections offer a crucial juncture for the country programs to equip them with knowledge and skills for long-

to potentially secure a stable government. A stable political term employability and career growth. Executives undergo

environment provides the necessary foundation for training in technical, managerial, and leadership skills

policymakers tomakeinformed, forward-thinking decisions through well-designed customized programs conducted by

thatcanpositively impact theexport landscape.

local and foreign trainers. Non-executives receive training

ICMA: What key strategies does your company employ to in technical, operational, and leadership skills at our

ensure resilience initsmanufacturing processes? modern in-house Technical Training School, which coversall

ourbusiness segments.

Musadaq Zulqarnain: Interloop follows a highly structured

business management approach. We formulate our 5-year ICMA: What specific initiatives should the government

vision and devise a strategy to achieve that vision. Our taketoenhance industry resilience inPakistan?

Annual Business Plans are formulated with the vision in Musadaq Zulqarnain: The government has to first create a

mind, and the strategy is periodically reviewed. Under our level playing field for investment. Currently, a significant

Vision 2025, 'To become the Full Family Clothing Partner of portion of the economy is undocumented, leading to non-

Choice,' we are focusing on three main areas: developing a
productive investments and making them more lucrative.

8 ICMA’s CharteredManagement Accountant,Jan-Feb2024