Ch. Muhammad Zaka Ashraf is an executive who has been the ex-president of the Zarai Taraqiati Bank Limited (ZTBL). He was appointed as the chairman of the Pakistan Cricket Board, as of 15 October 2011 by
Ch. Zaka Ashraf
Ch. Muhammad Zaka Ashraf is an executive who has been the ex-president of the Zarai Taraqiati Bank Limited (ZTBL). He was appointed as the chairman of the Pakistan Cricket Board, as of 15 October 2011 by the President of Pakistan and took the charge on 27 October 2011. In August 2012, he was elected as Chairman Development Committee of Asian Cricket Council.
He has also served as Adviser to Chief Minister Sindh from 1988 to 1990. He is member of Central Executive Committee of Pakistan People's party. He is brother of Begum Ishrat Ashraf, Pakistan Muslim League (N) MNA on reserved seat.
As a head of ZTBL, he promoted Zarai Taraqiati Bank Ltd Cricket Team who performed very well in domestic cricket matches.
Zaka Ashraf 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 & Ashraf Sugar Mills, Bahawalpur that had been established by his father.
Over the past several years, he was also elected 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.
During his tenure as President Zarai Taraqiati Bank Limited (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 was a monumental task for him to bring the bank into a viable position. This bank is a very important component of Pakistan's agrarian economy. Despite internal and external pressures, he has been trying hard to restructure the bank.