PBM inks MoU with NOVARTIS Pakistan January 7, 2021 ISLAMABAD, Pakistan: The Pakistan Bait-ul-Mal (PBM) on Thursday inked a Memorandum of Understanding (MoU) with NOVARTIS Pakistan to materialize the digital infrastructure within the organization. In a ceremony held at the PBM Head Office in Islamabad, the Managing Director PBM Aon Abbas Buppi and the Head of Market Access & Regulatory Affairs Ayesha Mushtaq signed the MoU while the Country President and Chief Executive NOVARTIS Imran Rasheed also joined the ceremony via online video calling. Under the corporate social responsibility, NOVARTIS pharma will contribute Rs.10 million to PBM for having hardware equipment. While Addressing the ceremony, the managing director PBM termed this initiative an imperative cost-saving tool to meet the colossal responsibility of poverty reduction ensuring efficiency, transparency, and accessibility.