Salmaan Taseer

Salmaan Taseer is a Pakistani (Urdu: سلمان تاثیر ) business tycoon and politician who is the current Governor of Punjab. He is a former Pakistan Peoples Party stalwart and has served as a minister in the caretaker cabinet of Prime Minister Muhammad Mian Soomro. Taseer is also the Chairman and CEO of the First Capital and Worldcall Group. He was appointed to the post of governor on 15 May 2008 in place of outgoing governor Lt. Gen. Khalid Maqbool.^[1]

Contents 1 Biography 2 Business career 3 Political career 4 References

Biography

Salmaan Taseer is the son of the great poet Mohammadin Din Taseer and writer Christabel (Bilqees) Taseer. He did his Chartered Accountancy from England and Wales. He established a firm in Pakistan namely Taseer, Hadi & Khalid (KPMG).

Business career

Salmaan Taseer began his business career by successfully setting up two chartered accountancy and management consultancy firms KPMG, United Arab Emirates and Taseer Hadi Khalid and Co, Pakistan.

In 1994, he established First Capital Securities Corporation Limited (FCSC), a full service brokerage house, with equity participation by Smith Barney, part of Travelers group and HG Asia based in Hong Kong. Since then he has been actively involved in establishing other companies in the financial services sector as well as the telecommunications, media, insurance and real estate development sectors in Pakistan.

Under Taseer’s leadership, the First Capital/Worldcall Group has grown remarkably and the group presently operates in the areas of telecommunication, technology, retail and property development, financial services, and print and media businesses with global footprint. Taseer also owns the Daily Times and Aaj Kal newspapers, Business Plus and Wikkid Plus TV channels, Pace shopping malls and Hyatt hotel range in Pakistan.

Taseer has vast experience of specialization in merger and acquisitions, flotation, investment banking and stock market analysis and also delivered presentations on various financial issues. He has also been an author of a number of articles on Investment and Financial subjects.

He is currently also serving as a member of the Board of Export Promotion Bureau of Pakistan and on the board of USF (Universal Service Fund) Company Limited.

Political career

Salmaan Taseer started his political career in his student era, as a close and active member of Zulifqar ali Bhutto's PPP in late 1960's. He quickly become a constent figure in Pakistan Youth politics. He ran movment for Zulifqar Bhutto's freedom and against his arrest and death sentence.

He was selected MNA in 1988 elections, and after 1990's election when Nawaz Sharif got the government, he was the most tourtered and abused leader of PPP by Nawaz Sharif's government due to political enemosity. He was again seleted MNA in 1993 elections but resigned from exective membership of PPP as a protest of Benazir's revolt from his father Zulifqar Bhottu's policies. He then disappeared from politcal scene of Pakistan.

Salmaan Taseer returned to politcal scene when he was selected as the Federal Minister for Industries, Production and Special Initiatives in the Caretaker setup under PM Muhammad Mian Soomro for four months in the winter of 2007-2008. On 15 May 2008, Salmaan Taseer was nominated for the post of Governor of Punjab by the government of PPP to replace the incumbent Lt. Gen. (retd) Khalid Maqbool.^[2]

After this announcement by the PPP government, Pakistan Muslim League (N), the second largest party of the coalition, expressed reservation on his appointment. PML-N leader Chaudhry Nisar Ali Khan maintained that his party was never consulted about this, and termed his appointment "part of conspiracy."^[3]

Taseer has also written a political biography on Prime Minister Zulfikar Ali Bhutto.

References

Political offices
Preceded by Lt. Gen. Khalid Maqbool	Governor of Punjab 17 May 2008 - present	Succeeded by Incumbent

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