Board of Directors

Arif Habib

Chairman

Mr. Arif Habib

Chairman

Mr. Arif Habib is the Chairman of Arif Habib Group and Chief Executive of Arif Habib Corporation Limited, the holding company of Arif Habib Group. He is also the Chairman of Fatima Fertilizer Company Limited, Aisha Steel Mills Limited, Javedan Corporation Limited (the owner of Naya Nazimabad) and Sachal Energy Development (Pvt.) Limited and Arif Habib Dolmen REIT Management Limited.

Mr. Arif Habib remained the elected President/Chairman of Karachi Stock Exchange for six times in the past and was a Founding Member and Chairman of the Central Depository Company of Pakistan Limited. He has served as a Member of the Privatisation Commission, Board of Investment, Tariff Reforms Commission and Securities & Exchange Ordinance Review Committee. He has been a member of the Prime Minister’s Economic Advisory Council (EAC) and the Think-Tank constituted by the Prime Minister on COVID-19 related economic issues. He has also remained a member of the Prime Minister’s Task Force on attracting Foreign Direct Investment (FDI) and a member of Advisory Committee of Planning Commission.

Mr. Habib participates significantly in welfare activities. He remains one of the directors of Pakistan Centre for Philanthropy (PCP), Habib University Foundation, Karachi Education Initiative (KSBL), Arif Habib Foundation and Naya Nazimabad Foundation as well as trustee of Memon Health & Education Foundation (MMI).

Corporate Responsibilities

As Chairman

Fatima Fertilizer Company Limited

Fatimafert Limited

Sachal Energy Development (Private) Limited

Javedan Corporation Limited

Aisha Steel Mills Limited

Arif Habib Development and Engineering Consultants (Private) Limited

Sapphire Bay Development Company Limited

Arif Habib Foundation

Naya Nazimabad Foundation

Black Gold Power Limited

Essa Textile and Commodities (Private) Limited

As Director

Arif Habib Corporation Limited

Arif Habib Equity (Private) Limited

Arif Habib Consultancy (Private) Limited

Fatima Cement Limited

International Builders and Developers (Private) Limited

NCEL Building Management Limited

Pakarab Energy Limited

The Pakistan Business Council

Pakistan Engineering Company Limited

Pakistan Opportunities Limited

As Honorary Trustee/Director

Habib University Foundation

Karachi Education Initiative

Memon Health and Education Foundation

Pakistan Centre for Philanthropy

Memon Education Board

Nadeem Riaz

Director

Mr. Nadeem Riaz

(Non-Executive Director)

Mr. Nadeem Riaz has experience of over 32 years in the real estate market developing and managing renowned and award winning residential, commercial and retail projects. He is a pioneer in developing international standard shopping malls in Pakistan, transforming the dynamics of the retail industry.

Mr. Riaz is a member of both International Council of Shopping Centers and Middle East Council of Shopping Centers, since 2002.

Directorships

DHA Dolmen Lahore (Private) Limited

Dolmen (Private) Limited

Dolmen Project Management (Private) Limited

Dolmen Real Estate Management (Private) Limited

Grove (Private) Limited

International Complex Projects Limited

Retail Avenue (Private) Limited

Sindbad Wonderland (Private) Limited

The Dolmen Foundation

Naeem Ilyas

Independent Director

Mr. Naeem Ilyas

(Independent Director)

Mr. Naeem Ilyas has over 30 years of strategic cum operational management level combined experience. He has served in senior positions across corporates including FMCG, Pharmaceuticals, Process Industry, Building MEP Design Consultancy, Digital healthcare, Proptech, e-Commerce, Information Technology.

Engr. Naeem  Ilyas is a Pakistan Engineering Council registered Professional Engineer (PE) and associated as MEP Design Engineering & building services, having MBA, LLB, MA (Eco), PGD (NILAT) degrees/diplomas and has specialization in operations management from LUMS / McGill. He has founded REIT Academy and Institute of Real Assets Development & Management (IRADM).He is CEO at Magna Engineering (Pvt) Ltd and Director at Easy Health Tech Int’l Pvt Ltd , Infinitum Technologies Pvt Ltd and some other companies.

He has been instrumental in developing e-commerce land scape in Pakistan, attended exposure study trips at MIT, Harvard Business School and Stanford University in USA and successfully exited from well- known ecommerce business after arranging road shows in Boston, Silicon Valley, Washington and UAE.

He is also serving as a board member of HANDS (not for profit), has also served as Justice of Peace and member CPLC for several years , Founder Chairman PQATI (BQATI), Vice Chairman LATI, Chairman EFP-NICC Forum, Managing Trustee of MPF Educational Trust , Secretary General of Memon Professional Forum(MPF). He during his academics received President Talent Farming Scholarship and IAESTE Student Exchange Trainings in Central Asian States. He has professional hands on experience and trainings in Canada, Japan, Germany, China and Middle East. He is member of Pakistan Institute of Corporate governance (PICG), ICSP and Certified Director from IBA, Karachi. He has also served as visiting faculty member at ICMAP, NED University, IBA –Karachi, Hamdard University and others.

Corporate Responsibilities

Magna Engineering (Private) Limited (Chief Executive)

Parents Pakistan (SMC-Private) Limited (Chief Executive)

As Director

Easy Health Tech Int’l (Private) Limited

Fahim, Nanji & Desouza (Private) Limited

Institute of Holistic Rehabilitation & Inclusion (IHRI) (Private) Limited

Infinitum Technologies (Private) Limited

Tayyaba Rasheed

Independent Director

Ms. Tayyaba Rasheed

Independent Director

Ms. Tayyaba Rasheed has more than 20 years of rich and diverse experience in corporate and Investment Banking.  Her area of expertise includes investment banking, corporate finance and relationship management with profound understanding of structured financing, infrastructure advisory, capital markets and islamic finance. She has closed numerous landmark Infra and capital market deals in her career. She was last serving as Head of Investment Banking Group at a large commercial bank. Prior to that she had worked in a senior position at CIBG NBP and Bank Alfalah where she started her career as Management Trainee Officer. She is currently working in the portfolio management function of one of the large Multilateral Banks.

She holds an MBA degree from IBA and is a CFA, FRM charter holder. She holds Real Estate Developer Finance Certification from Moody`s and various Islamic Banking certifications from NIBAF and IBA CEIF. She has completed the Directors Training Program and is a certified Independent Director.

Corporate Responsibilities

As Director

Aisha Steel Mills Limited

United Brands Limited

M. Noman Akhtar

Independent Director

Mr. Muhammad Noman Akhtar

(Independent Director)

Mr. Muhammad Noman Akhter is a qualified Chartered Accountant from the Institute of Chartered Accountants of Pakistan (ICAP). He brings with him over 19 years of diversified experience in public and private organizations. He served in Securities & Exchange Commission of Pakistan (SECP) for more than 13 years. Prior to joining SECP in May 2008, he worked with Pakistan Cables Limited, A. F. Ferguson & Co. He started his career from Taseer Hadi Khalid & Co. a member of KPMG International.

Corporate Responsibilities

Proton Technologies (Private) Limited (Chief Executive)

Gratus Consultants (Private) Limited (Chief Executive)

Gratus Solutions (Private) Limited (Chief Executive)

Partnerships

Faizan Associates

AabPara Residency

KNJ Builders and Developers

Sajidullah Sheikh

Director

Mr. Sajidullah Sheikh

Non-Executive Director

Mr. Sajid Ullah Sheikh is a Fellow member of Institute of Chartered Accountants of Pakistan. His association with Dolmen Group spans over 12 years and he is currently working as Group Director Finance at the Dolmen Group. He started his career with KPMG Taseer Hadi and Co. later joined Avery Dennison Pakistan before associating with Dolmen Group.

Corporate Responsibilities

Grove (Private) Limited

DHA Dolmen Lahore (Private) Limited

The Domen Foundation

Abdus Samad A. Habib

Director

Mr. Abdus Samad A. Habib

Non-Executive Director

Starting his career at Arif Habib Corporation Limited, Mr Samad Habib developed his experience in sales, marketing and corporate activities working his way up through various executive positions.

In 2004, Mr Samad Habib joined Arif Habib Limited leading the company as its Chairman and Chief Executive. He played a key role in shaping the strategic direction of the company where he specialized in capital market operations and corporate finance. Several noteworthy Initial Public Offerings (IPOs) and successful private placements took place under his stewardship, showcasing his exceptional financial acumen and deep market insight.

Mr Samad Habib transitioned to Javedan Corporation Limited, in 2011, as the driving force behind the transformation of a dilapidated cement plant to a vibrant living community, Naya Nazimabad.  Mr Samad Habib has been pivotal to advancing positive societal change, providing the city’s middle class an elevated standard of living. His dedication, passion for social betterment and optimism are set to further transform the area with the largest commercial precinct development in the city presently under planning.

In 2019, Mr. Samad Habib took on  the role of CEO at Safemix Concrete. Guided by his strategic acumen, Safemix Concrete has undergone a remarkable transformation from a lossmaking entity to a profitable enterprise.

Corporate Responsibilities

Javedan Corporation Limited (Chief Executive)

Safemix Concrete Limited (Chief Executive)

As Chairman

NN Maintenance Company (Private) Limited

As Director

Aisha Steel Mills Limited

Arif Habib Corporation Limited

Arif Habib Equity (Pvt.) Limited

Arif Habib Foundation

Arif Habib Development and Engineering Consultants (Private) Limited

Black Gold Power Limited

Nooriabad Spinning Mills (Pvt.) Limited

Pakistan Opportunities Limited

Power Cement Limited

Rotocast Engineering Company (Pvt.) Limited

Sapphire Bay Development Company Limited

Sukh Chayn Gardens (Pvt.) Ltd.

Sachal Energy Development (Private) Limited

Essa Textile and Commodities (Private) Limited

Parkview Corporation (Private) Limited

As Trustee

Memon Health and Education Foundation

 

Faisal Nadeem

Director

Mr. Faisal Nadeem

(Non-Executive Director)

Mr. Faisal is a director at the Dolmen Group, one of Pakistan’s leading real estate organizations. He has been involved in the development, marketing and management of prime commercial and retail real estate projects including Dolmen Mall Clifton.

Mr. Faisal started career as Manager Special Projects associated with the development of Dolmen Mall Tariq Road, Dolmen Mall Hyderi, Dolmen Food Courts, The Harbour Front Office Tower and Dolmen Mall Clifton.

He later served in the capacity of Director Leasing, for the Dolmen property portfolio. He is currently serving as the Chief Operating Officer at Dolmen Real Estate Management (Pvt.) Limited, which manages over 2 million square feet of prime retail and commercial space.

Corporate Responsibilities

As Director

International Complex Projects Limited

Sindbad Wonderland (Private) Limited

Grove (Private) Limited

Retail Avenue (Private) Limited

DHA Dolmen Lahore (Private) Limited

Dolmen (Private)  Limited

Dolmen Project Management (Private)  Limited

Dolmen Real Estate Management (Private)  Limited

Salfo Pakistan (Private) Limited

The Dolmen Foundation

Muhammad Ejaz

Chief Executive Officer

Mr. Muhammad Ejaz

Chief Executive

Mr. Muhammad Ejaz is the founding Chief Executive of Arif Habib Dolmen REIT Management Limited, Pakistan’s pioneering REIT Management Company. He has been associated with Arif Habib Group since August 2008 and sits on the board of several group companies. He has spear headed several group projects when these were at a critical stage during their execution.

Prior to joining Arif Habib Group, Ejaz has served at senior positions with both local and international banks. He was the Treasurer of Emirates NBD bank in Pakistan and served Faysal Bank Pakistan as Regional Head of Corporate Banking Group. He also served Saudi-Pak bank (now Silk bank) as Head of Corporate and Investment Banking. He also had short stints at Engro Chemical and American Express bank.

Ejaz did his graduation in Computer Science from FAST, ICS and did MBA in Banking and Finance from IBA, Karachi, where he has also served as a visiting faculty member. He has also conducted programs at NIBAF-SBP and IBP. He is a Certified Director and also a Certified Financial Risk Manager.

He actively participates in the group’s CSR initiatives especially those, which render services in the fields of health and education with emphasis on female literacy.

As Director

Arif Habib Corporation Limited

Arif Habib Development and Engineering Consultants (Private) Limited

Javedan Corporation Limited

Sachal Energy Development (Private) Limited

Sapphire Bay Development Company Limited

Menu