Governance

Board of Directors

Chairman

Mr. Waqar Banday

Mr. Waqar Bandey has an MBA, a Diploma in Cotton Grading & Classification, and over 47 years of experience in Textile, Sugar, and Insurance sectors. Furthermore, he has diversified experience in local and foreign sales, taxation, corporate affairs, labor management, oil crushing, ginning and cotton procurement.

Director / C.E.O

Mr. Naveed Sheikh

Mr. Naveed Mughis Sheikh has a BSc in International Business Management & Management Information Systems from the University of San Francisco, USA. He has 37+ years of experience in various industrial sectors, with a focus on Operations, Finance, & Industrial Relationships.

Non-Executive Director

Ms. Fakhra Chaudhry

Fakhra Chaudhry has served with the Company in various positions for the past 15 years, with over 10+ years prior experience as an Executive Secretary in organizations such as Hassan & Hassan Advocates, Crescent Knitwear, Trust Investment Bank, and Shakarganj Group. Her experience with corporate compliance & senior level executives has enabled her to successfully serve as an Executive Director as well as a Board Member for the Company.

Independent Director

Mr. Shahzad Ullah Khan

Mr. Shahzad Ullah Khan has done a BSc in Finance from Widener University, USA. He has a background in Agriculture and vast experience in Commodity Trade, Equity Investment, & Portfolio Management.

Non-Executive Director

Mr. Muhammad Tariq

Mr. Muhammad Tariq is a Graduate in Commerce with over 30 years of experience in Procurement in the Textile and Sugar Industries. His vast experience has allowed him to develop long standing relationships with vendors & suppliers, enabling him to be a valuable member of the Board as a Non-Executive Director.

Independent Director

Mr. Asad Ali

Mr. Asad Ali is an experienced entrepreneur with a background in engineering, manufacturing, and industrial operations. He holds a Bachelor’s degree in Computer Engineering from the University of San Francisco and has led ventures in process control, textile manufacturing, and industrial gas production. His expertise includes industrial plant management and process optimization, bringing practical, independent insight at the board level.

Executive Director

Mr. Ibrahim Naveed Sheikh

Mr. Ibrahim Sheikh has a Bachelors Degree in Biochemistry from New York University (NYU) and is currently pursuing a Masters Degree in Organic Chemistry at NYU, with research & specialization in Synthetic Organic Chemistry.

Board Committees

Audit Committee
Mr. Asad Ali
Mr. Muhammad Tariq
Mr. Shahzad Ullah Khan
Mrs. Fakhra Chaudhry
HR & Remuneration Committee
Mr. Muhammad Tariq
Mr. Ibrahim Naveed Sheikh
Mr. Asad Ali
Share Registrar
M/s. Hameed Majeed Associates (Pvt.) Limited
M. House, 7-Bank Square, Lahore, Pakistan
Phone #: +92 (42) 37235081-2 (Two Lines)
Fax #: +92 (42) 37358817
E-Mail: shares@hmaconsultants.com

Shareholding Pattern ⇩

Company Secretary
Mr. Falraz Anwer
Chief Financial Officer
Mr. Makhdoom Abdul Qadir
Auditor
Rizwan & Co.
Tax Advisor
UHY Hassan Naeem & Co.
Legal Advisor
Mrs. Aniqua Sheikh
Financial Institutions
Bank Islami Pakistan Ltd.
Dubai Islamic Bank (Pakistan) Ltd.
Silk Bank Ltd.
Soneri Bank Ltd.