The Board is primarily responsible for ensuring the appropriate review of future company plans, good governance and effective control systems to protect shareholder value. In essence the Board establishes corporate strategy and the company’s business objectives. It also approves the company’s financial statements and assess overall performance against corporate plans and objectives.
The Board strictly follows the ‘Code of Corporate Governance’ of the Securities and Exchange Commission of Pakistan (SECP) which serves as a guide for formulating company fundamentals and policy framework. A Board of Directors’ meeting calendar is issued annually that schedules matters reserved for discussion and approval.
Rafiq M. Habib
Date of Birth: 18 October 1937
Education: St. Patrick High School, where after completing a Diploma Course in Banking he later qualified for the Associate Membership of the Life Insurance Management Institute, New York. Subsequently, he also completed the first Advance Management Program conducted by the Harvard Business School, USA in Pakistan. He has done specialization in finance motivation and human relations.
The Person: Mr. Rafiq M. Habib is the Group Chairman of ‘House of Habib’ belonging to the renowned Habib family which has won national and international acclaim for its initiative drives, straight dealings and pioneering spirit in business ventures and philanthropy.
Philanthropy: He actively participates in social welfare programs and is currently serving as the Trustee of several welfare institutions covering a wide range of social activities, education being the prime focus where the family runs its own schools and supports other schools presently imparting high quality primary education to over 8000 children.
The family also run a Vocational Training Centre and has now embarked on building a world class (not-for-profit) University in partnership with ‘Carnegie Mellon’ and ‘Texas A&M’. The family also runs hospitals, soup kitchens, disaster relief work, in short supporting the needy in every way. He served on the Board of Governors of ‘Pakistan Institute of Management’. He is a Rotarian, an effective major donor, supports Polio Plus programme and actively promotes street schools, home schools etc.
Business: He has wide business experience in Insurance, banking and Industry, promoted many Public Limited Companies including Toyota – Indus Motor Company Ltd. He is the Chairman of Habib Insurance Company Limited, Thal Limited, Shabbir Tiles and Ceramics Ltd. He is also a Consultant to ‘Habib Bank AG Zurich’.
He also served for several years on the Board of Directors of ‘Philips Electrical Company of Pakistan Ltd.’ and was the first Chairman on the Advisory Board of ‘Standard Chartered Bank’ in Pakistan.
He has made the most remarkable contribution in the creation of new job opportunities.
Mr. Rafiq M. Habib is a Life Member of the ‘Federation of Pakistan Chambers of Commerce and Industry’. He is also a recipient of the 1981-82 “Businessman of the Year” award conferred by the same institution.
Address: 2th Floor House of Habib Building (Siddiqsons Tower), 3 Jinnah Co-Operative Housing Society, Main Shahrah-e-Faisal, Karachi.
Phone: (021) 34312030
Designation: Chief Executive Officer
Date of Birth: 1949
Education: Masters of Business Administration (MBA) from IBA, he holds forty years working experience in different fields of Management.
Owais-ul-Mustafa has taken over responsibilities of Shabbir Tiles and Ceramics Limited, as Chief Executive Officer from 1st November 2015.
Address:15th Milestone, National Highway, Landhi, Karachi-75120
Phone: (+92-21) 35015024-25 / 35014044-45
Date of birth: 29.09.1960
Mr. Ansari holds a degree of Bachelor of Science and a post graduate diploma in Business Administration. In 1986, he started his career with Pakistan Papersack Limited (a group company of House of Habib). In 1989, Indus Motors Company Limited was formed and he was assigned various positions in different departments such as Vehicle Sales, Marketing Planning and Spare Parts as a Head of Department. Later on, he was promoted as the Director of the Marketing Division responsible for strategic planning, annual revenue generation, profitability targets, policy development for short term sales and revenue targets. He also contributed in the policy making of company’s CSR policies and supervised its implementation.
In January 2012, he was reassigned to Shabbir Tiles & Ceramics Limited as Chief Operating Officer due to his strong analytical skills, team building, general and strategic management experience being responsible for Quality Assurance & Customer Services, Sales and Marketing, Material Management, Admin & Legal Affairs, Commercial, Building Material, Information Technology (IT). He also assisted the Managing Director in Production, HR and Finance functions. In May 2013, he became the CEO of the company heading all the functions , and resigned as CEO in November 2015.
ALI S. HABIB
Date of Birth: 22 May, 1956
Education: Graduate of the University of Minnesota (Mechanical Engineering)
Experience: Ali S. Habib heads and actively oversees the operations of The House of Habib (HOH) companies. HOH (www.hoh.net) is a conglomerate of companies employing over 10,000 people. Activities range from automobiles to retail, ceramic tiles to packing materials and chemicals. The Group has four publicly listed companies. He is the Chairman of Indus Motor Company Limited (a joint venture of the House of Habib with Toyota Motor Corporation).
He has attended the PMD Program at Harvard University and is the Founding Chairman of the Young Presidents Organization Pakistan Chapter and the Vice-Chairman of the Pakistan Business Council.
Address: 3rd Floor House of Habib Building (Siddiqsons Tower), 3 Jinnah Co-Operative Housing Society, Main Shahrah-e-Faisal, Karachi.
Phone: (021) 34312030
Abdul Hai M. Bhaimia
Date of Birth: 16.04.1948
Education: Graduate of Government of Commerce and Economics, Karachi (1969)
Experience: He brings more than forty years of managerial, entrepreneurial and professional experience in the fields of industrial management, business and finance. His current directorships include Pak Grease Manufacturing Company (Pvt.) Limited and Askari General Insurance Company Limited.
Address: 87/1, N-2, 12th Street, Khayaban-e-Sehar, Phase-IV, DHA, Karachi.
Phone: (021) 32418643 & (021) 32464380
Designation: Director and Chairman HR & R Committee
Experience: Has to his credit around 34 years of corporate work experience.
He was with Exxon / Engro Chemical for around 28 years. His career progressed through diverse functions in Manufacturing, Marketing, Business Support group and as Exxon seconded advisor to Pakistan State Oil for its Industrial Chemical Division He also had a temporary foreign assignment in Hong Kong with Exxon Chemical Asia Pacific. Mr. Azhar was on Engro Chemical Pakistan Ltd Management Committee from 1997 – 2005 and on the Board of Engro Asahi Polymer & Chemical Ltd from 1999 – 2005. He was also on the Board Audit Committee of this company. He was the Secretary of Engro’s Board Compensation Committee with the responsibility to manage all employee matters, relating to Directors and Executives including the CEO.
Since 2005, he is with Indus Motor Company, a JV between Toyota Motor Corporation group and the House of Habib. He is currently in the position of Director – HR, Logistics, Administration & Commercial. He is also on the Board of Shabbir Tiles and Ceramics Ltd.
Mr. Salim Azhar graduated from Punjab University and has done certification levels qualifications from Cornell University and also programs at INSEAD and other leading institutions.
Designation: Director and Chairman Audit Committee
Date of Birth: 29.07.1974
Education: Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP)
Experience: Around 18 years, started his professional career with Ernst & Young (E&Y) Pakistan in 1995 and worked for 8 years. His designation at E&Y Pakistan was Manager Audit and Assurance. He then joined Nina Industries Limited, a textile public listed company engaged in the business of Export of Home textiles mainly to USA and EUROPE. His designation was General Manager Finance & MIS and his tenure was almost a year. He joined Indus Motor Company Limited (TOYOTA Pakistan) in 2003
where his designation was Chief Financial Officer (CFO) & Company Secretary. He served the company for 8+ years. He is currently associated with Lucky Cement Limited as Director Finance / CFO and Chief Investment Officer (CIO) and is responsible for Finance & Accounting, Corporate & Legal Affairs and Investments of the Company within and outside Pakistan.
He is an active member of Taxation and Legal committees of Pakistan Business Council (PBC) and delivers lectures in the Business Schools on different specialized areas as guest speaker.
Address: Lucky Cement Limited, 6-A, Muhammad Ali Housing Society, A. Aziz Hashim Tabba Street, Karachi – 75350