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: 28th October 2019

Mr. Nasim Beg, a Fellow Member of the Institute of Chartered Accountants of Pakistan, is the Chief Executive Officer of Arif Habib Consultancy (Pvt.) Limited along with being the 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.

With over forty-five 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 experienced 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 modernisation 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 has also been a member of the Prime Ministers Economic Advisory Council (EAC).


Corporate Responsibilities
Arif Habib Consultancy (Pvt) Limited (Chief Executive)

As Director

  • Aisha Steel Mills Limited
  • Arif Habib Corporation Limited
  • Dolmen City REIT / Arif Habib Dolmen REIT Management Limited (non-executive Chairman)
  • MCB-Arif Habib Savings & Investments Limited (Vice Chairman)
  • Pakarab Fertilizers Limited
  • Pakistan Opportunities Limited



Mr. Muhammad Kashif Habib 
Chief Executive Officer
Date of Appointment: 28th October 2019

Mr. Kashif A. Habib is the Chief Executive of Power Cement Limited and Sefemix Concrete 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 has to his credit more than eight years of experience in Arif Habib Corporation Limited as well as over nine  years’ experience as an Executive Director in cement and fertilizer companies of the group.

Corporate Responsibilities:

Power Cement Limited 
(Chief Executive)

As Director:
  • Aisha Steel Mills Limited
  • Alternatives (Private) Limited
  • Arif Habib Corporation Limited
  • Arif Habib Equity (Pvt) Limited
  • Arif Habib Foundation
  • Arif Habib Real Estate Services (Pvt) Limited
  • Black Gold Power  Limited
  • Fatimafert Limited
  • Fatima Cement Limited
  • Fatima Fertilizer Company Limited
  • Fatima Packaging Limited
  • Memon Health and Education Foundation
  • Nooriabad Spinning Mills  (Pvt) Limited
  • Pakarab Fertilizers Limited
  • REMMCO Builders & Developers 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 
Non-Executive Director
Date of Appointment: 28th October 2019

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) and has 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.

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)

Safemix Concrete Limited 
(Chief Executive)

As Director:
  • Arif Habib Equity (Pvt.) Limited
  • Arif Habib Foundation
  • Arif Habib Corporation Limited 
  • Dolmen City REIT/ Arif Habib Dolmen REIT Management Limited
  • Arif Habib Real Estate Services (Pvt.) Limited
  • Black Gold Power Limited 
  • MCB-Arif Habib Savings & Investments Limited 
  • Nooriabad Spinning Mills (Pvt.) Ltd.
  • Pakarab Fertilizers Limited
  • Pakistan Opportunities Limited
  • Parkview Company Limited
  • REMMCO Builders & Developers Limited
  • Rotocast Engineering Compnay (Pvt.) Limited
  • Sukh Chayn Gardens (Pvt.) Ltd.

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



Mr. Syed Salman Rashid
Non Executive Director
Date of Appointment: 28th October 2019

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



Mr. Anders Paludan - MÜller
Non Executive Director
Date of Appointment: 28th October 2019

Mr. Anders Paludan - Müller is a Danish National. He holds an MSc in Business Administration and has an experience of over 30 years in the investment sector working all over the world. He is currently an Investment Director at IFU ( Danish Investment Fund for Developing Countries ; Copenhagen, Denmark) .

As Director:
  • Power Cement Limited

Mr. Javed Kureishi 
Independent Director
Chairman - HR & Remuneration Committee
Date of Appointment: 28th October 2019

Javed Kureishi has been the Asia head at Citigroup and served as its Chief Operating Officer of business in the Middle East until September 2010. He has also served as country officer of the Czech Republic at Citigroup.  Educated at Sussex University, Javed is a former Pakistani cricketer and the first captain of the Pakistan U19 cricket team. He played a handful of youth Test and first‐class cricket matches for Pakistan International Airlines between 1977 and 1979.

As Director:
  • Power Cement Limited

Ms. Saira Nasir 
Independent Director
Chairperson - Audit Committee
Date of Appointment: 28th October 2019

Ms. Saira Nasir is a fellow member of the Institute of Chartered Accountants of Pakistan and the Institute of Corporate Secretaries of Pakistan. She has over a decade of consulting experience in the fields of corporate governance and eLearning.  Earlier, she has worked as Director Education and Training, ICAP and Resident VP Finance, Faysal Bank Limited. She is also a certified trainer of International Finance Corporation for Board Governance Leadership Skills Development Program.

As Director:
  • Power Cement Limited