LAHORE: Alumnus of the Government College University, Iqbal Z Ahmed, has pledged funding for the establishment, infrastructure and operations of an international school for business studies at his alma mater.

The announcement was made in a meeting of trustees and executive committee members of the GCU Endowment Fund Trust and academic heads on Monday.

“It’s a very big initiative by Iqbal Z Ahmed and we seriously have no words to express gratitude for his great and unprecedented philanthropic act to gift his alma mater an intentional business school,” said Vice Chancellor Prof Dr Hassan Amir Shah.

Iqbal Z Ahmed, who is also President and one of the major donors of the GCU Endowment Fund Trust, set a deadline of March 1, 2016 for the ground-breaking ceremony for the state-of-the-art building for the school.

Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A Mumtaz donated Rs2.5 million to the GCU for initiating scholarships.

GCU Department of Persian Prof Dr Zaheer Ahmad Siddiqui also committed donating his monthly salary to the university’s endowment fund.

Published in Dawn, September 15th, 2015

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