Lieutenant General Khalid Nawaz Khan, HI (M) (Retd) joined the Board of Directors on January 15, 2015.
Lieutenant General Khalid Nawaz Khan, HI (M) (Retd) is Managing Director of Fauji Foundation and is Chairman on the Board of various Fauji Group Companies the largest conglomerate of Pakistan including Fauji Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Kabirwala Power Company Limited, Foundation Power Company (Daharki) Limited, Daharki Power Holding Company Limited, Fauji Akbar Portia Marine Terminal (Pvt) Limited, Foundation Wind Energy-I & II Limited, Askari Cement Limited and FFC Energy Limited. Moreover, he is also Managing Director of Fauji Oil Terminal & Distribution Company Limited. After the recent acquisition of Askari Bank Limited by Fauji Foundation Consortium, Managing Director Fauji Foundation is also Chairman of the Bank.
Lt Gen Khalid Nawaz Khan was commissioned in the Pakistan Army on 20 April 1975 with the coveted Sword of Honour. The General Officer has a vast and varied experience in various capacities on Command, Staff and Instructional assignments which includes command of an Infantry Division and 10 Corps deployed along the Line of Control. The General has also remained as Commandant of the prestige Command and Staff College Quetta, in addition to having served on the faculties of School of Infantry, Command and Staff College and National Defence University. He is a graduate of Armed Forces War College (National Defence University) and Command and General Staff College, Fort Leavenworth, USA. The General Officer holds Masters Degrees in War Studies, Art and Science of Warfare and General Studies.
In recognition of his meritorious services, he has been awarded Hilal-e-Imtiaz (Military). The General Officer was also conferred upon the award of Sitara-i-Esar for his leadership role in the aftermath of the devastating 2005 Earthquake in Azad Kashmir.
He is Chief Executive & Managing Director of Fauji Fertilizer Company Limited, FFC Energy Limited and Fauji Fresh n Freeze Limited and also holds directorship on the Boards of following:-
Fauji Fertilizer Bin Qasim Limited
Askari Bank Limited
Fauji Foods Limited
Fauji Meat Limited
FFBL Power Company Limited
Pakistan Maroc Phosphore S.A.
He is Chairman of Sona Welfare Foundation (SWF) and a member of the Board of Governors of Foundation University, Islamabad as well.
The General was commissioned in Pakistan Army in October 1975. During his service in the Army, he had been employed on various prestigious command, staff and instructional assignments. Climax of his nearly four decades of military career was command of a strike corps.
He is a graduate of Command and Staff College Quetta, National Defence University Islamabad, Ecole d’Etat Major Compiegne, France and Ecole Militaire Paris, France. He also holds Master Degree in War Studies and Class A Interpretership in French language from the National University of Modern Languages Islamabad and speaks French language fluently.
He had the honour of serving as Pakistan’s Defence and Military Attaché to USA from 2002 to 2005 with concurrent accreditation to Canada and Argentina. He also served as Military Secretary to the President of Pakistan from 2005 to 2008. During this period he participated in number of international forums notably, UN General Assembly Inaugural Session of 2006, NAM Summit in Cuba, OIC Summit in Saudi Arabia, World Economic Forum Davos Switzerland, ECO Summit at Shanghai China. The General has participated in bilateral meetings alongwith the President of Pakistan with a number of Heads of State.
Served on the faculty of Command and Staff College Quetta and National Defence University Islamabad. Since his retirement, he is on the honorary faculty of National Defence University as a senior mentor. He also participated in the US-Pakistan Senior Military Leadership Seminar.
He has been awarded Hilal-e-Imtiaz (Military) and also conferred upon the award of ‘Legion of Merit’ by the US Government in promoting bilateral US Pakistan military relations.
Lieutenant General Javed Iqbal, HI (M) (Retd), is the Chief Executive and Managing Director of Fauji Fertilizer Bin Qasim Limited, FFBL Foods Limited, FFBL Power Company Limited, Fauji Foods Limited and Fauji Meat Limited. Lieutenant General Javed Iqbal, HI(M) (Retd) joined Pakistan Army on October 24, 1980. The General Officer has a varied experience of Command, Staff and Instructional appointments. The General Officer is graduate of Command and Staff College, Quetta, Defence Services Command and Staff College, Dhaka (Bangladesh), the erstwhile National Defence College (Pakistan) and Royal College of Defence Studies (United Kingdom). He also holds master degrees in War Studies and International Studies from NDU Islamabad and Kings College London respectively. He has served as Military Advisor to Permanent Representative of Pakistan to United Nations Headquarters; New York. The General has commanded two Infantry Battalions and two Infantry Brigades. He has commanded an Infantry Division employed in Law Enforcement Operations in Swat. While commanding the division in Swat, he was wounded as his helicopter came under fire. He has the honor of commanding a deployedCorps of Pakistan Army. He also has the honour of being the President of NDU, an internationally renowned institution of Pakistan.
He has been a frequent guest speaker on numerous international seminars and conferences on counter insurgency, disaster response, humanitarian assistance and civil-military coordination aspects.
Besides being Director and Chairman of Management Committee of Pakistan Maroc Phosphore (PMP), Morocco, he is also on the Board of following entities:
Mr. Qaiser Javed joined the Board of Directors on June 20, 2013.
Mr. Qaiser Javed Fellow Member of Institute of Chartered Accountants of Pakistan and Fellow Member of Institute of Taxation Management of Pakistan, joined Fauji Foundation in early 1976 and presently is working as Director Finance of Fauji Foundation and Chief Executive Officer of Dharaki Power Holding Limited & Foundation Wind Energy Limited I & II. He is director on the Board of Fauji Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Cement Company Limited, Fauji Kabirwala Power Company Limited, The Hub Power Company Limited and Laraib Energy Limited besides being CEO of an off-shore company having Asian Development Bank as co-equity holder. He is also Chairman/member for various Board Committees.
Dr. Nadeem Inayat joined the Board of Directors on June 20, 2013.
Dr. Nadeem Inayat is the Director Investment of Fauji Foundation. He holds a Doctorate in economics with rich and diversified domestic as well as international experience in the financial system of over 26 years. His work experience can be broadly categorized into corporate governance, policy formulation and deployment, project appraisal implementation, monitoring & evaluation, restructuring and collaboration with donor agencies.
As Director Investment he is managing the investment portfolio of Fauji Foundation Group. He is also on the Board of Fauji Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Fauji Oil Terminal & Distribution Company Limited, Fauji Akbar Portia Marine Terminal Limited, Daharki Power Holdings Limited, Foundation Wind Energy – I Limited, Foundation Wind Energy – II (Private) Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Pakistan Maroc Phosphore S.A., and Foundation University.
He also conducts various academic courses on Economics, International Trade and Finance at reputable institutions of higher education in Pakistan.
Mr. Manzoor Ahmed joined Askari BankLimited as a Nominee Director -NIT on May 20, 2013. He is Acting Managing Director – NIT which is the largest Asset Management Company of Pakistan, currently managing investment portfolio worth over Rs. 80 bn. He has experience of over 24 years of the Mutual Fund industry. He is M.B.A. and also holds D.A.I.B.P. At present, he is a candidate for CFA Level III. Mr. Ahmed has attended various training courses organized locally and internationally. He represents NITL as Nominee Director on the Board of Directors of many leading national and multinational companies of Pakistan. Mr. Ahmed is also a Certified Director from Pakistan Institute of Corporate Governance.
Mr. Kamal A Chinoy is Chief Executive of Pakistan Cables Ltd. He graduated from the Wharton School, University of Pennsylvania, USA.
He serves on the Board of Directors of ICI Pakistan Ltd, International Industries Ltd., International Steels Ltd, NBP Fullerton Asset Management Ltd (NAFA), and Atlas Power Ltd. & is Chairman of Jubilee Life Insurance. He is also Honorary Consul General of the Republic of Cyprus.
Mr. Kamal Chinoy is a member of the Executive Committee of the International Chamber of Commerce (ICC) Pakistan and Past President of the Management Association of Pakistan (MAP). He is also serving on the Board of Governors of Army Burn Hall Institutions.
He has previously served as the Chairman of the Aga Khan Foundation (Pakistan). He has also served as a Director of Pakistan Centre of Philanthropy, Pakistan Security Printing Corporation , Atlas Insurance & First International Investment Bank (an Amex JV). He has also served on the Undergraduate Admissions Committee of the Aga Khan University and the University of Pennsylvania Alumni Committee for Pakistan.
He is an advisor to Tharpak, a consortium of international companies interested m developing the Thar coal field.
He is a “Certified Director” having been certified by the Pakistan Institute of Corporate Governance. His interests include photography & vintage cars.
Mr. Justice (Retd) Sarmad Jalal Osmany holds LLB from University of Punjab and LLM from University of London. He was enrolled as an Advocate High Court in 1980.
He has worked as an associate with a leading law firm in Karachi from 1979 to 1982. Afterwards, he worked with the law firm of Shearman & Sterling New York City, USA from 1983 to 1984. He has practiced mostly in the international trade and banking areas. He established his own Law Firm in Karachi in 1985 and appeared before Sindh High Court as well as Arbitration Tribunals. He has practiced in the banking and shipping areas and handled merger and acquisition matters while advising the Privatization Commission of Pakistan.
He was elevated as a Judge of the Sindh High Court in 1998. He has been a member of the Provincial Steering Committee for the Province of Sindh in the Government of Pakistan’s Judicial and Legal Reform Project. This Project was funded by the Asian Development Bank and entailed reforms in number of areas including Judicial Policy and Administration, Delay Reduction Programme, Access to Justice, Legal Education, Judicial Training, Strengthening Commercial Dispute Resolution Procedures, Drafting /Amendment of Legislation etc. He has attended workshops and seminars in the country regarding the project. He has attended International Judicial Conferences on Secured Transactions Law Reforms and International Insolvency sponsored by the Asian Development Bank and World Bank.
He was appointed as Chief Justice Sindh High Court in 2009. He was elevated as Judge of Supreme Court of Pakistan in 2011 and retired at this position in 2015.
He has been engaged in teaching law at Sindh Muslim Law College and Dadabhoy Institute of Higher Education since his retirement in October 2015.
Syed Iqbal Ashraf has over 40 years banking experience in senior positions. His professional experience started from United Kingdom (where he did his schooling), then United States of America in the East & West coast followed by United Arab Emirates and finally in Pakistan since early 1990s. He has major experience in Corporate and Investment banking. He is also professionally qualified Accountant from United Kingdom and is a Fellow of the Association of Certified Accountants from UK.
He has recently completed his three year term in January 2017, as The President and Chief Executive Officer of National Bank of Pakistan, the largest bank in Pakistan. During his tenor NBP achieved many milestones unprecedented in the 70 years history of NBP. The bank turned around making huge gains in its shareholders value.
Prior to joining NBP, Mr. Ashraf was the Managing Director of PAIR Investment Company, Pak-Iran Joint Venture Investment company, sponsored by Governments of Islamic Republics of Pakistan and Iran.
Mr. Ashraf was also instrumental in establishing Pak China Investment Company on behalf of Government of Pakistan and was its Deputy Managing Director.
Prior to this he was the Managing Director and Chief Executive Officer of Bank of Khyber.
Mr. Ashraf was also Country Head of Investment and Financial Institutions for SG (Societe Generale) in Pakistan and was appointed as Financial Advisor to the Privatisation Commission to privatize United Bank Limited, which was successfully privatized.
Mr. Ashraf has been on the boards of several large institutions in the country.
Mr. Mushtaq Malik joined the Board of Directors on 31st March, 2017. He holds Master’s degrees in Economics and in Business Administration from Boston University, USA with specialization in International Business Management and Finance. He has also done Executive course in Project Evaluation and Management from Harvard University and Marketing Management Diploma from Delft University of Netherland. Besides, attended courses on Microeconomics BOP Management arranged by IMF and ADB at Washington DC and Manila, respectively. He enjoys excellent working relations with all the political as well as bureaucratic elite of Pakistan. He has worked at the top most positions in some of the important public sector organizations especially Ministry of Finance. He headed the Board of Investment (BOI) as a Federal Secretary and Pakistan Electronic and Media Regulatory Authority (PEMRA) as Chairman. Also has been representing Pakistan at various international forums. Mr. Malik has been the Economic Minister and Financial Advisor in the Embassy of Pakistan at Washington, DC. He was on the boards of HBL and ECO bank for 5 years and 2 years, respectively. He has served for 15 years in the Government of Punjab in various positions such as DG Local Government, Director of Industries and Mineral Development, Secretary Excise and Taxation, Secretary Environment Protection Development, Secretary Population Welfare and MD Punjab Mineral Development. Presently he is the advisor to MAS Group of Companies Ltd, Lahore, Byco Petroleum Pakistan Ltd and Siddiqsons, Karachi.
Syed M. Husaini joined the Bank as President & Chief Executive on June 03, 2013.
Mr. Husaini is Masters in Economics from Karachi University and has obtained professional certifications by the National Association of Securities Dealers, USA and North American Securities Administrators Association.
He brings experience of over 30 years in Banking, of which the first ten years were spent overseas with a number of International Banks in Kenya, Sierra Leone, South Africa and the Middle East. His assignments led him to successfully manage diversified areas of banking business including foreign trade finance, Commercial and Corporate finance and Liability management. He played a significant role in developing training programs and has remained faculty member with a number of Financial Institutions.
Through a major part of his career, Mr. Husaini has held key positions which required expertise in startups of Financial Institutions, infrastructural and business development for Commercial Banks in developing countries. He helped in establishing the Rozgar Micro Finance Bank at Karachi and became the first CEO of that Bank. This provided him with a perspective on issues of poverty alleviation through a program of small business loans.
His other major assignments in Pakistan include President KASB Bank, CEO of a Modaraba, Head of Corporate Banking Group, MCB and at National Bank of Pakistan.
Lt Gen Muhammad Mustafa Khan, HI(M)(Retd)
Chairman - Board of Directors
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired) joined the Board of Directors on June 20, 2013.
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired), was commissioned in Pakistan Army in April, 1974. During his long meritorious service in the Army, the General Officer had been employed on various command, staff and instructional assignments including the prestigious appointment as Chief of General Staff and Corps Commander of a Strike Corps/Commander Central Command.
The General is a Graduate of Command and Staff College Quetta and Command & Staff College Fort Leavenworth USA. He is also a graduate of Armed Forces War College Islamabad (National Defence University) and completed Senior Executive Course from USA and holds Master Degrees in War Studies and International Relations. He has attended Finance for Executives Course at INSEAD France.
In recognition of his meritorious services, he has been conferred the award of Hilal-e-Imtiaz (Military). The General brings along a vast and diversified experience in operational, administration, management and evaluation systems up to various level of Command.
Presently the General holds the offices of Managing Director of Fauji Foundation and is Chairman on the Board of various Fauji Group of Companies including Fauji Cement Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Kabirwala Power Company Limited, Foundation Power Company (Daharki) Limited, Daharki Power Holdings Limited, Fauji Akbar Portia Marine Terminal Limited, FFC Energy Limited, Foundation Wind Energy-I Limited, Foundation Wind Energy-II (Pvt) Limited and Managing Director of Fauji Oil Terminal & Distribution Company Limited. After the recent acquisition of Askari Bank Limited by Fauji Foundation Consortium, Managing Director Fauji Foundation is also Chairman of the Bank.
