Sindh Chief Minister Syed Murad Ali Shah has underscored the importance of good governance as a cornerstone of successful organizations, describing it as a fundamental pillar for long-term success rather than merely a regulatory requirement. He made these remarks during his address at the 39th Corporate Excellence Awards, hosted by the Management Association of Pakistan (MAP) at a local hotel on Wednesday, where he was received by Senator Sarmad Ali Khan. In his speech, CM Shah emphasized that ethical decision-making and transparency are vital for companies to build trust, enhance their reputations, and contribute to a thriving economy.
He highlighted the critical role of good governance and corporate responsibility in driving sustainable growth and development in Pakistan, particularly in the face of contemporary challenges. The event celebrated excellence in corporate governance, gathering business leaders, award recipients, and members of the corporate community. The Chief Minister praised MAP for its steadfast commitment to promoting ethical business practices, transparency, and good governance.
He noted that MAP’s leadership over the past four decades has significantly shaped Pakistan’s corporate landscape, establishing new benchmarks for corporate excellence. Murad Shah also emphasized the importance of fostering a corporate culture that values diversity and inclusion, stating that such principles are essential for balanced and ethical decision-making.
He urged businesses to align with global best practices and adapt to international trends, especially in sustainability and digital transformation. Addressing the current challenges facing Pakistan, including economic volatility and climate change impacts, the Chief Minister called on the private sector to collaborate with the public sector in developing sustainable solutions.
He remarked that robust governance frameworks are crucial for ensuring that businesses contribute positively to the country’s overall stability. The CM congratulated the award recipients for their dedication to corporate excellence and encouraged them to maintain high standards in governance, innovation, and corporate social responsibility. The event is recognized as a premier platform for honoring corporate excellence in Pakistan, acknowledging numerous leading organizations for their outstanding achievements in governance and business leadership.
