EOBI says its investment income on rise

Karachi: Employees’ Old Age Benefit Institution (EOBI) is trying its best towards profitable and secured investment of EOB, said und. Wahid Khurshid, Wahid Khurshid Kunwar Investment Advisor EOBI, adding we have achieved our goal by raising our investment income.

Talking at a group discussion on “Fixed income portfolio-Strategies and procedure” organized by EOBI Investment Department at a local hotel, he said that EOBI was founded in 1976 for the working community, so that pension benefits provided to them and their families. EOBI register employers and employees under EOB Act 1976 and received monthly contribution for EOB Fund.

Kashif Mumtaz Shaikh Assistant: Director Investment gave a detailed presentation about EOBI Investment portfolio.

The participants, treasury and corporate department representatives participated in the discussion and proposed other avenues for profitable & secured investment of EOB Fund.

Iqbal Dawood Pakwalla, Malik Imtiaz Mehfooz , Arif Elahi members BOT and investment committee, Najmussaqib Siddiqui, DG/FA , Ishaq Khusro DDG Investment and Ayaz Ahmed Uqaili DDG (I.T) also spoke.