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
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
Alireza M. Alladin
Date of Birth: 16 July 1958
Education: Mechanical Engineering from Pittsburgh Technical Institute, Pittsburg, U.S.A.
Young Presidents’ Organization
Management Association of Pakistan
Pakistan Institute of Management.
Experience: Belongs to a business family in India and prior to migration to Pakistan, he managed for 12 years family business which was a public limited company. The business was related to manufacture and supply of automotive components and prefabricated steel buildings and it had manufacturing facilities located at Mumbai, Tarapur, Madras and Srinagar, employing over 1900 persons. He migrated to Pakistan in 1991 and joined Shabbir Tiles and Ceramics Limited, a House of Habib Group of Companies, in the capacity of Director Operations. The same year in October he was appointed Managing Director of the Company and successfully turned it around and made it the leader in Ceramic Tiles Industry in Pakistan within a short span of few years. House of Habib assigned him with the responsibility for turning around and running another Company namely Dynea Pakistan Limited in 2005 and was appointed C.E.O. of Dynea Pakistan Limited as well.
Address: Al-Zahra, 43/II, Khayaban-e-Bahria, Phase-V, DHA, Karachi
Phone: (+92-21) 34150161 – 2
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 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
Designation: Alternate Director in place of Mr. Alireza M. Alladin