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Alderman Dr Andrew Parmley, the Lord Mayor, met business and government leaders in Karachi and Islamabad, discussing how the City of London can work more closely with Pakistan as it develops its international presence in financial and professional services. The visit also supported the 70th anniversary of British-Pakistani relations, a new initiative launched in Islamabad in January 2017.

Dr Parmley is the 689th incumbent of a role that dates back centuries. He is an educator by profession and one of London鈥檚 leading organists. The Lord Mayor is a spokesman for the UK鈥檚 financial and professional services industries, and is the leader of London鈥檚 鈥楽quare Mile鈥� financial district.

He met with a number of senior industry figures in Karachi, including representatives from Meezan Bank and the State Bank of Pakistan. While in Karachi, the Lord Mayor also hosted a number of round table discussions on debt markets, education, and Fintech.

After travelling to Islamabad, the Lord Mayor met with several government ministers, holding substantive conversations on how the City of London鈥檚 financial and professional services industries can help the development of world-class infrastructure in Pakistan. The Lord Mayor also spoke about education and training at a roundtable attended by government ministers and representatives from Pakistani universities. The Lord Mayor wrapped up his visit in Pakistan with a meeting with the Chair of the Federal Board of Investment, and Special Assistant to the Prime Minister, Dr Miftah Ismail.

The Lord Mayor was accompanied on his trip by a British business delegation looking to establish, or expand, their operations in Pakistan 鈥� including Senior Manager Ali Abdul Aziz of Deloitte, Managing director of MomoEssa Capital Management Farhan Rizvi, and Garbhan Shanks, Partner at global law firm Michelmores. The Lord Mayor was also accompanied by David Clark, Head of the Economic Crime Directorate at the City of London Police, the UK鈥檚 leading agency on cyber-crime and its investigation.

Speaking on his visit, the Lord Mayor said:

My trip to Pakistan has been a great success, full of productive meetings and roundtables. I enjoyed seeing first hand the famous Pakistani hospitality, and I鈥檓 sure a new golden era of Pakistani-British relations is beginning.

There are many opportunities for British companies in Pakistan, and I look forward to speaking to businesses in London to promote all that Pakistan has to offer. Following our vote to leave the European Union, reconnecting with growing countries around the world is now more important than ever.

As the world鈥檚 leading financial centre, I believe that London has much to offer to Pakistani businesses looking to expand domestically, and overseas.

Commenting on the Lord Mayor鈥檚 visit, British High Commissioner to Pakistan, Thomas Drew said:

The visit of the Lord Mayor of the City of London shows how much of a priority Pakistan and its vibrant economy is for the UK. The Lord Mayor is one of the most senior figures in British business and represents the world鈥檚 biggest financial hub. British companies are recognizing the growth in the economy in Pakistan 鈥� and its potential 鈥� and this will help launch a stronger trade relationship in 2017.

Last week, we launched our year of celebrations of 70 years of British-Pakistani relations, and we are delighted that the Lord Mayor has visited to support our relationship. While there is much to celebrate from the last seventy years, our focus is on building our shared work on education, trade, culture and people-to-people links.

Contact us

For more information on the Lord Mayor or his visit, please contact: Ian Schofield, Media Officer, City of London Corporation 077 2563 4564 / [email protected]

About the City of London Corporation

The City of London Corporation provides local government and policing services for the financial and commercial heart of Britain, the 鈥楽quare Mile鈥�. In addition, the City Corporation has three roles:

• We support London鈥檚 communities by working in partnership with neighbouring boroughs on economic regeneration, education and skills projects. In addition, the City of London Corporation鈥檚 charity City Bridge Trust makes grants of around 拢20 million annually to charitable projects across London and we also support education with three independent schools, three City Academies, a primary school and the world-renowned Guildhall School of Music and Drama.

• We also help look after key London鈥檚 heritage and green spaces including Tower Bridge, Museum of London, Barbican Arts Centre, City gardens, Hampstead Heath, Epping Forest, Burnham Beeches, and important 鈥榗ommons鈥� in south London.

• We also support and promote the 鈥楥ity鈥� as a world-leading financial and business hub, with outward and inward business delegations, high-profile civic events and research-driven policies all reflecting a long-term approach.

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