ISLAMABAD: Ahmad Waqar Chaudhary will take over as the Chairman Federal Board of Revenue (FBR) here today (Thursday) vice Abdullah Yousuf who was sacked by the federal government forthwith on Wednesday.
Before assuming the office, Ahmad Waqar had detailed meeting with Prime Minister Syed Yousuf Raza Gilani at the Prime Minister House on Wednesday evening and sought guidelines regarding his new assignment. The prime minister impressed upon him the need to expand the tax net and formulate feasible policies so that realistic targets should be determined and subsequently the same should be achieved within stipulated time.
He hoped that new FBR chairman would live up to the expectations of the people and government by putting up his best. Ahmad Viqar has 37-year experience in the field of economics and finance and currently he is serving Board of Investment (BoI) as its secretary. He did his MBA with distinction. He served as member finance of the Capital Development Authority (CDA) and brought a turnaround in fiscal affairs of the authority. It is widely believed that Ahmad Viqar with his skill and financial management experience could turn the FBR into a true economic engine of the country.
He is the first chairman of the FBR who has brought with him practical experience of running many important financial institutions and his appointment has been widely welcomed by the people working with the FBR, as he is a pragmatic bureaucrat who takes along his junior and senior colleagues alike, the sources pointed out.
Ahmad Viqar had always come out as victorious in executing challenging assignments. He has been giving the best results out of the worst circumstances, the sources added. Ahmad Viqar Chaudhary is known for his dedication, hard work and honesty. He never aspired for an assignment but always turned up on the top as far his performance is concerned, the sources said. It is expected that some more important senior level bureaucratic changes would be brought about by the prime minister in a couple of days.
