Addressing to a packed auditorium, Dr. Ishrat Hussain, announced the commencement of a Chinese language course at the Institute of Business Adminstration next semester. Mr. Ishrat Hussain, former Governor State Bank of Pakistan and the current Dean and Director of IBA, was delivering a lecture to the students about the global financial crisis.

Interestingly, he pointed out that Pakistan’s current financial crisis needs to be isolated from the global crisis, as Pakistan’s plight has to do with the mismanaged transition from the previous government to the next one. In his address to the students, he also stressed on the importance of China as the next most economic superpower rather than the United States or European Nations. He believed a Chinese language course would equip the students with the necessary skills to be prepared for the paradigm shift in powers.

IBA itself has suffered from uninspired leadership during the term of the previous director. With the induction of Ishrat Hussain, a visionary leader and an inspiring orator, the students are looking forward to the welcome changes that he’s bringing about.