In the News

BOARD OF DIRECTORS

PROFILE OF DIRECTORS:

The Company’s success is a team effort, as its Board of Directors and Management team, comprising of gifted and experienced individuals, has enabled it to acquire its reputation as one of the leading business in Pakistan.



Mr. Nasim Beg 
Chairman
Date of Appointment: 15th October 2016

Mr. Nasim Beg, a Fellow Member of the Institute of Chartered Accountants of Pakistan, is currently the Chief Executive Officer of Arif Habib Consultancy (Pvt.) Limited along with being the Executive Vice Chairman of MCB-Arif Habib Savings & Investments Limited, an Asset Management Company that was conceived and set up by him and which he headed as Chief Executive till June 2011. He was appointed to AHCL’s Board on September 25, 2010.

With over forty years of experience in the business world including industry and the financial services (in and outside the country), Mr. Nasim Beg is one of the most highly respected professionals of the country.

Before joining the Arif Habib Group, Mr. Beg served as the Deputy Chief Executive of NIT, which he joined during its troubled period and played an instrumental role in its modernization and turn around. He also served as the acting Chief Executive of NIT for a few months. He has also been associated at top-level positions with other asset management and investment advisory companies.

Mr. Beg has also held senior level responsibilities in the automobile industry. During his tenure as the Chief Executive of Allied Precision (a subsidiary of the Allied Engineering Group), he set up a green field project for the manufacture of sophisticated indigenous components for the automotive industry under transfer of technology licenses with Japanese and European manufacturers. His initiation to the financial services business was with the Abu Dubai Investment Company, UAE, where he was a part of the team that set up the company in 1977. He was also a member of the Prime Minister’s Economic Advisory Council (EAC).

Corporate Responsibilities:

MCB-Arif Habib Savings & Investments Limited 
(Vice Chairman)
Arif Habib Consultancy (Pvt.) Limited 
(Chief Executive)

As Director:
  • Aisha Steel Mills Limited
  • Arif Habib Corporation Limited
  • Arif Habib Dolmen REIT Management Limited (non-executive Chairman)
  • Pakarab Fertilizers Limited
  • Pakistan Opportunities Limited
  • Power Cement Limited (non-executive Chairman)
  • Safemix Concrete Products Limited (non-executive Chairman)
  • Silk Bank Limited
Office Address: Arif Habib Centre, 23 M.T Khan Road Karachi




Mr. Muhammad Kashif Habib 
Chief Executive Officer
Date of Appointment: 28th October 2016

Mr. Kashif A. Habib is currently the Chief Executive of Power Cement Limited. Being a member of the Institute of Chartered Accountants of Pakistan (ICAP) he completed his Articleship from A.F. Ferguson & Co. (a member firm of Price Waterhouse Coopers), where he gained experience of a diverse sectors serving clients spanning the Financial, Manufacturing and Services industries. He was appointed to AHCL’s Board on February 25, 2010.

He has to his credit six years of experience in Arif Habib Corporation Limited as well as six years’ experience as an Executive Director in cement and fertilizer companies of the group.

Corporate Responsibilities:

Power Cement Limited 
(Chief Executive)

Safemix Concrete Products Limited 
(Chief Executive)

As Director:
  • Aisha Steel Mills Limited
  • Arif Habib Corporation Limited
  • Arif Habib Dolmen REIT Management Limited
  • Arif Habib Foundation
  • Bubber Sher (Pvt.) Limited
  • Fatimafert Limited (Formerly DH Fertilizers Limited) 
  • Fatima Fertilizers Company Limited
  • Javedan Corporation Limited 
  • Memon Health and Education Foundation
  • Pakarab Fertilizers Limited
  • Real Estate Modaraba Management Company Limited
  • Reliance Sacks Limited 
  • Rotocast Engineering Company (Pvt.) Limited
Office Address: Arif Habib Centre, 23 M.T Khan Road Karachi



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Mr. Samad A. Habib 
Director
Date of Appointment: 15th October 2016

Mr. Samad A. Habib is currently the Chief Executive of Javedan Corporation Limited. Mr. Samad A. Habib has more than 15 years of experience, including 9 years of working in the financial services industry in various senior management roles. He began his career with Arif Habib Corporation Limited (the holding company of Arif Habib group) as an Investment Analyst, following which he served the company in various executive positions including Executive Sales and Business Promotions, Company Secretary, Head of Marketing, etc.

In September 2004, he was appointed the Chairman and Chief Executive of Arif Habib Limited. As Chairman he was responsible for the strategic direction of the company and was actively involved in capital market operations and corporate finance activities such as serving corporate clients, institutional clients, high net worth individuals, and raising funds for clients through IPO’s, private placements etc. He resigned from that position in January 2011. He was appointed to AHCL’s Board on February 25, 2011.

Mr. Samad A. Habib holds a Master’s degree in Business Administration from the Institute of Business Management (IoBM).

Corporate Responsibilities:

Javedan Corporation Limited
(Chief Executive)

As Director:
  • Arif Habib Equity (Pvt.) Ltd.    
  • Arif Habib Corporation Limited 
  • Arif Habib Dolmen REIT Management Limited
  • Arif Habib Foundation
  • MCB-Arif Habib Savings & Investments Limited 
  • International Complex Projects Ltd.
  • Nooriabad Spinning Mills (Pvt.) Ltd.
  • Pakarab Fertilizers Ltd.
  • Pakistan Opportunities Limited
  • Parkview Corporation (Pvt.) Limited
  • Power Cement Limited
  • Real Estate Modaraba Management Company Limited
  • Rotocast Engineering Compnay (Pvt.) Limited
  • Safemix Concrete Products Limited
  • Sweetwater Diaries Pakistan (Pvt.) Limited

Official Address:  Arif habib centre 23,M.T Khan Road, Karachi - 74000


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Mr. Muhammad Ejaz
Chairman HR & Remuneration Committee
Non-Executive Director
Date of Appointment: 15th October 2016

Mr. Ejaz is currently the Chief Executive of Arif Habib REIT Management Limited. He has over 20 years of experience in the fields of Treasury, Corporate Finance and Investment Banking. Mr. Ejaz has served in senior positions at leading local and international banks including Faysal Bank, Union Bank and Emirates NBD Bank. He was appointed to AHCL’s Board on September 14, 2011.

He holds a Master’s degree in Business Administration from the Institute of Business Administration where he is also a regular visiting faculty member. He is also a certified Financial Risk Manager.

Corporate Responsibilities:

Arif Habib Dolmen REIT Management Limited
(Chief Executive)

As Director:
  • Aisha Steel Mills Limited
  • Arif Habib Corporation LImited
  • Dolmen Arif Habib Real Estate Services (Private) Limited
  • Javedan Corporation Limited 
  • Power Cement Limited
  • Real Estate Modaraba Management Company Limited 
  • Sachal Energy Development (Private) Limited
Office Address: Arif Habib Centre, 23 M.T Khan Road Karachi.


Mr. Muhammad Yousuf Adil
Chairman Audit Committee
Non Executive Director
Date of Appointment: 15th October 2016

Mr. Muhammad Yousuf Adil, a Fellow Member of the Institute of Chartered Accountants of Pakistan, has over 40 years of experience in providing assurance and tax services to a varied range of industrial and financial institutions in the private and public sector.

After obtaining qualification as Chartered Accountant, Mr. Adil established his own firm, M.Yousuf Adil & Co. as a sole practitioner in 1972 and built up the practice by inducting partners and establishing offices in Lahore, Faisalabad and Multan. Mr. Adil has been instrumental in Business development in Karachi, Lahore, Multan and Faisalabad. He, along with his partners was able to build the practice and obtained membership of Deloitte in 2002.   He became the Managing Partner and later Chairman of the Executive Board of the Firm. He retired from the firm on reaching superannuation age in July 2011.

Mr. Adil has been involved in due diligence, mergers & acquisition, takeovers and listing of prominent banking/ financial institutions, oil & gas companies, government entities, manufacturing and trading  entities amongst other corporate institutions. He is an expert in the field of public issue of shares and taxation. He  and has handled the highest number of public issues and mergers among the professional accountants in Pakistan.

As a management consultant he has carried out various assignments including financial and economic feasibility studies, viability studies, project financing, development and implementation of accounting and internal control systems, preparation of accounting and procedure manuals.

He has been instrumental in helping clients to excel and become major business houses in Pakistan.


Mr. Syed Salman Rashid
Non Executive Director
Date of Appointment: 15th October 2016

Mr. Syed Salman Rashid holds a Bachelor’s Degree from Karachi University and is a Certified Director from Pakistan Institute of Corporate Governance. He has served with EFU Group for over 30 years and presently serves as a Deputy Managing Director of EFU General Insurance Limited looking after the largest Marketing and Sales Division of the Company. Parallel to his professional services, he has also served on the Board of JS Investments Bank Limited and Power Cement Limited.

As Director:
  • EFU Life Assurance Limited
  • Power Cement Limited


Mr. Muhammad Yahya Khan
Non Executive Director
Date of Appointment: 15th October 2016

Muhammad Yahya Khan is a businessman having sound experience of commodities trading and import/export. He has also experience of indenting. He is the Chief Executive of MYK (Pvt.) Limited, a Company engaged in the general commodities and other products trading, adding to his credentials is a hands on experience of the corporate agro farming and capital markets as investor. He is representing minority interest on the board of directors of the company.

As Director:
  • Nimir Industrial Chemicals Limited
  • Power Cement Limited