IBA, Maersk sign MoU to set up scholarship fund



The Institute of Business Administration, Karachi and leading integrated logistics company Maersk Pakistan on Thursday signed memorandum of understanding to partner to launch Maersk Future Leaders Scholarship with an aim to advance the institute’s financial assistance program for its students from diverse socioeconomic backgrounds.

Executive Director, IBA , DrS Akbar Zaidi and Managing Director, Maersk Pakistan, Aruna Hussain were the signatories of the MoU, at IBA, City Campus.

Under this MoU, Maersk will set up an annual scholarship fund of around Rs 2.25 million at the Institute to support a meritorious undergraduate student from IBA’s National Talent Hunt Program (NTHP) for a period of four years.

The scholarship will be awarded to a student pursuing a degree of Bachelor’s in Business Administration from IBA.

National Talent Hunt Program (NTHP) enrolls competent students on merit from various areas and offers them scholarships.


Ms. Hussain said the young talent deserved adequate support to build their careers through top notch education.

By tying up with IBA to provide scholarship to such deserving students, IBA was playing our small role in building a bright future for our country.


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