IBPC Dubai elects new Administrative Board

IBPC Dubai elects new Administrative Board

April 6, 2009 12:00 by Aarti Nagraj

The Indian Business and Professional Council of Dubai held its Annual General Meeting on March 28, 2009. It also held elections for a new Board for a 2-year tenure for 2009-2011.

Mr. Paras Shahdadpuri was elected President, with Dr G.M.Bajpai as Vice President while Mr. Prashant Gulati was elected as Secretary General and Mr. Kiran Sangani as Treasurer.

Others elected to the nine-member Board are Mr. Abbas Ali Mirza, Mr.Kulwant Singh, Mr.Navin Kapoor, Mr. Nilesh Kumar Ved and Mr. Suresh Kumar.

Mr. Shahdadpuri outlined his vision saying “It will be my endeavour to develop IBPC as a catalyst to strengthen Indo-UAE economic relationship and to develop its age-old ties more strongly with the UAE business houses. I will work with my Administrative Board to develop new areas of cooperation in various sectors, such as Trade, Tourism, Real Estate, Health, IT, Outsourcing, Banking and Finance, etc., thus generating new opportunities of growth. UAE is the second largest trading partner of India. India has a huge trained technical human resource and UAE has vast financial resources. There is a huge opportunity to synergize these strengths. Both countries have witnessed phenomenal progress in recent years. Besides, India too is looking forward to investment opportunities in UAE.

The focus of global economic activity is shifting from the West to the East, and in particular to India – the third largest economy in Asia, next only to Japan and China. Despite the recent global economic downturn, it is expected that India and the GCC region are likely to bounce back faster than other world economies. The GCC region is now looking more to the East and I feel there are huge opportunities of growth and cooperation between our two vital regions. IBPC is poised to exploit these opportunities and further facilitate the growth of business and economic relations”.

IBPC, Dubai is the only recognised representative organisation of Indian Business and Professionals in Dubai under the auspices of the Dubai Chamber of Commerce and Industry. It was formed in 2003 with the unification of the Indian Business Council (IBC), Overseas Indians Economic Forum (OIEF) and Business & Professional Club (BPC). The IBPC currently has about 700 members with its administrative office located at the Dubai World Trade Centre building.