Following the thrust of its strategic direction, Institute of Business Administration (IBA) has entered into a joint relationship with Robert H. Smith School of Business, University of Maryland, USA. Dr Ishrat Husain, Dean & Director, IBA and Dr G. Anand Anandalingam, Dean, Robert H. Smith School of Business inked a MOU on Monday. Both institutes agreed upon strengthening the quality and scope of Executive Education Programs (EEP) available in Pakistan. The understanding includes train the trainer for IBA faculty members in executive education, video conferences, customized and open enrollment programs offered in the country and the facilitation of Pakistani executives traveling to Smith School for executive education. The agreement also includes promotion of an educational environment where faculty exchange is possible leveraging the strengths and resources of programs at both the institutions. Deep concerns were expressed at the occasion regarding growing challenges in leading global organizations. Smith has developed thought leadership in executive education to address these challenges effectively that has been successful with executives in countries like USA, China, India and Europe.