User:Asadalich/Muhammad Zaka Ashraf

Introduction Zaka Ashraf an old Sadiqian of Sadiq Public School belongs to a traditional industrial and farming family of Punjab. After passing out from Petaro, he took his bachelor's degree and then joined his father in his business. He has had an illustrious career in business ever since. Over the years, he has become the Chairman of the Ashraf Group of Industries that had been established by his father. These include the Ashraf Sugar Mills in Bahawalpur. In addition, he has also managed the family farms in Punjab and in the Sindh area. Over the past several years, Zaka Ashraf was also elected thrice as the Chairman of the Pakistan Sugar Mills Association. In this capacity, he has done a lot of work to promote the production and use of Ethanol from the molasses produced in the sugar industry. He has been instrumental in developing a policy for the country to blend ethanol with petrol to reduce harmful emissions into the environment and to take the country one more step towards using indigenous fuels.

In 2008, Zaka Ashraf was appointed as the President of the Zarai Taraqqiati Bank Ltd (ZTBL). The bank had been plundered in the past by different interest groups in the country and left it with huge losses and bad debts. It is a monumental task for him to bring the bank into a viable position. This bank is a very important component of our agrarian economy.