Board of Investment chief quits over 'personal reasons': report

ISLAMABAD: The Board of Investment (BOI) Chairman, Zubair Gilani, resigned from his post on personal reasons, a brief press statement of the PM’s Office issued here said on Monday, reported The News.

A day earlier, a top official had confirmed to The News that Gilani was parting ways with the incumbent regime because of differences with some members of the economic team. 

"The Chairman Board of Investment (BOI), Zubair Gilani, is on his way out as he has been conveyed plainly either to resign or find any other department if he wants to remain part of the government,” the official said.

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The situation was triggered last week when Adviser to PM on Commerce Razak Dawood  summoned a meeting with Gilani reaching the meeting late. He was told to either resign or find out any other department, reported The News.  

The adviser was not happy over Gilani's performance for attracting investments. BoI sources claimed that Gilani was summoned by PM's Office and it was conveyed to him to relinquish the charge and find some other position in any other department.

When contacted, Gilani responded with “no comment”. On further inquiry whether he had tendered his resignation, he stated that Imran Khan was his leader.

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Gilani, according to the sources, had differences with Dawood on different issues including the Special Economic Zones and others. Dawood had raised objections that the BoI was entering into the domain of provinces and must refrain from doing so. 

The position of permanent chairman FBR has also fallen vacant after incumbent Chairman FBR Shabbar Zaidi took leave on medical grounds for an indefinite period.

Originally published in The News