Page 3 - CMA Journal (May-June 2025)
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2    President's Message


               3    From the Desk of Chief Editor



                Exclusive Interviews                                          Volume : 34.3  l   May-June 2025


                 5                      8                     11                     14









                   Mr. Khurram Schehzad     Dr. Miftah Ismail   Mr. Muhammad Ali Tabba   Mr. Kamran Arshad
                    Advisor to Finance Minister   Former Federal Minister for Finance & Revenue  Chief Executive Officer,   Chairman, All Pakistan Textile
                      Government of Pakistan  Former Chairman, Board of Investment (BOI)  Lucky Cement Limited   Mills Association (APTMA)
                                        CEO & Director, Ismail Industries Limited
              18    Corporate Leaders of ICMA                                    Article Section



                               Focus Section                                     74    Organizational Buoyancy and
                                                                                       Sustainable Development
                                                                                       Goals (SDGs)
              19   ESG Compliance as the Missing Link in  46  Inflation and Business   By: Mobeen Aslam Butt, FCMA
                   Pakistan’s Export Growth Strategy
                                                     Survival in Pakistan
                   By: Imtiaz Bashir, FCMA           By: Muhammad Umair, ACMA     Top Technology Trend
              23   Embedding ESG at the Board Level for  49  ESG or Exit: Pakistan’s Trade Future   77  Technology Trends Reshaping
                                                     at a Crossroads
                   Corporate Sustainability in Pakistan
                   By: Muhammad Junaid Shekha, FCMA, FCA  By: Arfa Ijaz and Furqan Ali  Accounting and Finance
                                                                                       By: Altaf Ismail, FCMA
              25   Power Shortages and Rising   52   Resistance to Change: A Threat to   Sector Brief
                   Production Costs in Pakistan: Role of
                                                     Business Sustainability in Pakistan
                   CMAs in Business Sustainability   By: Mirza Ali Raza Baig, ACMA     Large-Scale Manufacturing
                   By: Jawad Ahmad, ACMA             The Price of Complexity: Why Pakistan’s  79 (LSM) Sector in Pakistan
              28   Corruption: An Invisible Cost to   54  Tax System Discourages Compliance  By: Research & Publications Department, ICMA
                   Business Operations
                                                     By: Muhammad Ammad Ansari, ACMA
                   By: Muhammad Tanveer Ul Qamar, ACMA  Cybersecurity Risks: A Growing  Economy Watch
              31   Healthcare Challenges and Business   58  Threat to Business Stability  Advancing Pakistan’s Climate
                   Sustainability in Pakistan
                                                     By: Muhammad Shahab Iqbal
                   By: Faraz Ahmad Memon, FCMA                                   82 Support Levy: Lessons from
                                                                                       Global Carbon Pricing Models
              33   Business Sustainability in Pakistan 63  Pakistan’s Talent Gap: A Barrier   By: Research & Publications Department, ICMA
                   Challenges and Opportunities for
                                                     to Economic Growth
                   By: Ali Raza Sattar, ACMA         By: Abbas Raza Varayla and Maria Shahab  85  Economy News
              37   Circular Business Models: A New   66  Business Resilience and Sustainability   Regulatory Watch
                   Blueprint for Advancing Industrial
                                                     in Pakistan: Hallmarks, Gaps, and
                   Sustainability in Pakistan        Global Insights
                   By: Dr. Azeema Usman              By: Khizar Hayat, FCA       86    Regulatory News
              43   Corruption and the Rising Cost of   69  Caught in the Middle: Pakistan’s Growth
                                                     Trap & Its Cost to Business Sustainability
                   Business Operations
                   By: Muhammad Moin Ahmed, ACMA     By: ICMA Research and Publications Department  Reviews
                                                                                       Reviews of Selected Books
                                                Jul-Aug 2025                     87 and Articles
                                      Fintech Innovations and Data Analytics:   DI DISCLAIMER:  The Chartered Management
                Our Next                                                        A Accountant is published bi-monthly.  Views or
                                    Transforming Pakistan’s Financial Landscape  opinions expressed by the authors of the articles
                  Issue                                                         o p published in this Journal do not necessarily reflect
                                    Deadline for Article Submission: 10   August 2025  the views of the publisher and/or the Editor
                                                           th
                                                                                 the views of the publisher and/or the Editor..
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