Chairman
Chief Executive Officer
Chairman of HR and remuneration committee
Member
Member
Chairman of Audit Committee
Member
Member
Arif Habib Center 23, M T Khan Road Karachi – 74000 Pakistan
Company Registration No: 0001313
NTN: 1524465-2
PSX Symbol: JVDC
Financial Highlights:
Earnings Per Share: 17.70
Price Earning Ratio: 40.57
Breakup value per share 44.90
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, 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).
– Fatima Fertilizer Company Limited
– Fatimafert Limited
– Sachal Energy Development (Private) Limited
– Aisha Steel Mills Limited
– Arif Habib Dolmen REIT Management Limited / (Dolmen City REIT)
– Arif Habib Development and Engineering Consultants (Private) Limited (formerly known as Arif Habib Real Estate Development Company (Private) Limited)
– Sapphire Bay Development Company Limited
– Arif Habib Foundation
– Naya Nazimabad Foundation
– Black Gold Power Limited
– Essa Textile and Commodities (Pvt.) 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
– Pakistan Business Council
– Pakistan Engineering Company Limited
– Pakistan Opportunities Limited
– Fatimid Foundation
– Habib University Foundation
– Karachi Education Initiative
– Memon Education Board
– Memon Health and Education Foundation
– Pakistan Centre for Philanthropy
Chief Executive Officer
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.
– NN Maintenance Company (Private) Limited
– Aisha Steel Mills Limited
– Arif Habib Dolmen REIT Management Limited
– Arif Habib Equity (Pvt.) Limited
– Arif Habib Foundation
– Arif Habib Development and Engineering Consultants (Private) Limited (formerly known as Arif Habib Real Estate Development Company (Private) Limited)
– Black Gold Power Limited
– Nooriabad Spinning Mills (Pvt.) Limited
– Memon Health and Education Foundation
– Pakistan Opportunities Limited
– Power Cement Limited
– Rotocast Engineering Company (Pvt.) Limited
– Sapphire Bay Development Company Limited
– Sukh Chayn Gardens (Pvt.) Ltd
– Sachal Energy Development (pvt.) Limited
– Biomasdar Pakistan Limited
Director
Mr. Kashif A. Habib is the Chief Executive of Power Cement Limited. As a member of the Institute of Chartered Accountants of Pakistan (ICAP) he completed his articleship from A.F. Ferguson & Co. (a member firm of Price Waterhouse Coopers) gaining invaluable insight across sectors, catering to clients across the Financial, Manufacturing, and Services industries.
He has to his credit four years of experience in Arif Habib Corporation Limited as well as over a decade’s experience as an Executive Director in cement and fertilizer companies of the group. This exposure not only enriched his understanding of diverse corporate dynamics but also enabled him to refine his strategic decision-making capabilities.
Kashif is deeply committed to enhancing the country’s energy landscape. He remains engaged with experts to establish renewable energy as a viable and readily available solution, benefiting not only industries but also the public at large.
– Power Cement Limited (Chief Executive)
– Aisha Steel Mills Limited
– Fatima Fertilizer Company Limited
– Arif Habib Equity (Private) Limited
– Arif Habib Foundation
– Arif Habib Development and Engineering Consultants (Private) Limited (formerly known as Arif Habib Real Estate Development Company (Private) Limited) Services (Pvt.) Limited
– Black Gold Power Limited
– Essa Textile And Commodities (Private) Limited
– Fatimafert Limited
– Fatima Cement Limited
– Fatima Packaging Limited
– Nooriabad Spinning Mills (Pvt.) Limited
– Pakarab Fertilizers Limited
– Rotocast Engineering Company (Pvt.) Limited
– Safemix Concrete Limited
– Siddqsons Energy Limited
– Sachal Energy Development (Pvt.) Limited
– Biomasdar Pakistan Limited
– Pakistan Opportunities Limited
Director
Mr. Kureishi is a career banker with a rich and diverse experience of more than 34 years with Citibank both in Pakistan and across 5 countries in Europe, the Middle East, Africa and Asia, where he worked for 9 years. His various roles have included Senior leadership roles in Country Management, Risk, Corporate and Institutional Banking, strategy, and managing Multinational Subsidiaries and Public Sector businesses at the country and regional levels. Mr. Kureishi is presently working for the International Finance Corporation (IFC) as a consultant responsible for business development. He has a BA (Hons) from the University of Sussex UK.
Aside from his professional career, Mr. Kureishi has also been a keen cricketer. He played first-class cricket for PIA and Karachi in 1977-81 and for Sussex Under 25 during 1982-84. He was also the captain of Pakistan Under 19 cricket team on its tour of India and Sri Lanka in 1978-79. Mr. Kureishi has also been a University level field hockey player. His other interests include Reading and Music.
– Pakistan Veterans Cricket Association
– Pakistan Stock Exchange Limited
– Pakistan Corporate Restructuring Company Limited
– Fauji Foods Limited Sindh Infrastructure Development Company Limited
– Tricon Boston Consulting Corporation Pvt. Ltd.
– Samba Bank Limited
Director
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 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 Silkbank) 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.
– Arif Habib Dolmen REIT Management Limited (Chief Executive)
– Sapphire Bay Development Company Limited (Chief Executive)
– Arif Habib Development and Engineering Consultants (Private) Limited (formerly known as Arif Habib Real Estate Development Company (Private) Limited)
– Sachal Energy Development (Pvt.) Limited
Director
Mr. Abdul Qadir Sultan is a Qualified Chartered Accountant from the Institute of Chartered Accountants of Pakistan (ICAP). He is currently working as the Chief Compliance and Risk Officer at SadaPay, one of Pakistan’s fastest growing fintechs. The Company is funded by notable VCs including New York-based Recharge Capital, Kingsway Capital, Raptor Group, and others.
He completed his articleship from A.F.Ferguson & Co. one of the finest accountancy firms in Pakistan. He has a working experience of over 16 years in various diversified capacities. His last assignment was as the Head of Compliance and Risk Governance at Bank Alfalah Limited.
He is a certified director from ICAP and holds a diploma in Islamic Finance from CIMA (UK).
Mr. Sultan takes keen interest in the promotion of education, trade and industry and strongly advocates these causes through various professional, corporate and trade platforms.
Director
Mr. Ghaffar is a career financial services professional with an experience of over 35 years across various functions including Retail Banking, Corporate Banking, Capital Markets, Cash Management, Islamic Products & Services, and Information Technology.
His last banking position was with Al Baraka Bank Pakistan Limited as a SEVP / Group Head for ‘Corporate & Investment Banking’. He has previously held leadership positions in leading financial institutions such as United Bank Limited (Head of Islamic Banking) and Standard Chartered Bank (Associate Director – Islamic Banking).
Mr. Ghaffar graduated from the Institute of Business Administration (IBA), Karachi with an MBA and subsequently completed professional training in Islamic Banking from Darul-Uloom, Korangi, and SBP-NIBAF. He is also a certified Director from the Lahore University of Management Science.
Director
Mrs. Darakshan Zohaib has completed her graduation and is now currently pursuing her career in the field of accounts as Association of Chartered Accountant (ACCA). She has completed her internships in Central Depository Company Limited (CDM), Hum Television Network and A.F Ferguson and Company as an Audit Trainee. Furthermore, she has achieved Academic Excellence Award 2009. She is also serving on the Board of Directors of Al-Abbas Sugar Mills Limited.
Director
Mr. Alamgir Shaikh is a businessman. He is associated with Chamber of Commerce and Industries where he served as Advisor to the office of Chairman Banking & Insurance Committee, Chairman Renovation Committee, Chairman & Advisor Export Committee and Hilal Foods and Import Development. He is also serving as President of Snooker Association of Pakistan and also represented Habib Bank and Karachi region as domestic hockey player. In 2014 he was appointed as Vice President of Asian Federation of Snooker. In honor of recognition to his efforts in the sports of snooker the President of Pakistan awarded him “President’s Award for performance
Excellence”.
Director
Mr. Ejaz is the Chief Executive of Arif Habib Dolmen REIT Management Limited. He has over 20 years of experience in the fields of Treasury, Corporate Finance and Investment Banking. Mr. Ejaz has served in senior positions at leading local and international banks including Faysal Bank, Union Bank and Emirates NBD Bank.
He holds a Master’s degree in Business Administration from the Institute of Business Administration where he is also a regular visiting faculty member. He is also a certified Financial Risk Manager.
– Arif Habib Corporation Limited
– Aisha Steel Mills Limited
– Arif Habib Real Estate Services (Pvt.) Limited
– Power Cement Limited
– REMMCO Builders & Developers Limited
– Sachal Energy Development (Pvt.) Limited
Member
Mr. Kashif A. Habib is the Chief Executive of Power Cement Limited. Being a member of the Institute of Chartered Accountants of Pakistan (ICAP) he completed his articleship from A.F. Ferguson & Co. (a member firm of Price Waterhouse Coopers), where he gained experience of a diverse sectors serving clients spanning the Financial, Manufacturing and services industries. He has to his credit four years of experience in Arif Habib Corporation Limited as well as over nine years’ experience as an Executive Director in cement and fertilizer companies of the group.
Aisha Steel Mills Limited
Alternatives (Private) Limited
Arif Habib Corporation Limited
Arif Habib Equity (Private) Limited
Arif Habib Foundation
Arif Habib Real Estate Services (Pvt.) Limited
Black Gold Power Limited
Fatimafert Limited
Fatima Cement Limited
Fatima Fertilizer Company Limited
Fatima Packaging Limited
Memon Health and Education Foundation
Nooriabad Spinning Mills (Private) Limited
Pakarab Fertilizers Limited
Rotocast Engineering Company (Pvt.) Limited
Safemix Concrete Limited
Siddqsons Energy Limited
Chairman of Audit Committee
Mr. Ghaffar is associated with Al Baraka Bank Pakistan Limited since July 2009. At present, he is serving Al Baraka as SEVP / Group Head – Corporate & Investment Banking. He is a member of the Bank’s MANCOM, ALCO and CRMC. His professional experience spans over 32 years across various disciplines including Retail Banking, Corporate Finance, Capital Markets, Cash Management, Islamic Products & Services and Information Technology. Mr. Ghaffar graduated from the Institute of Business Administration (IBA), Karachi with an MBA and subsequently completed professional trainings in Islamic Banking from Darul-Uloom, Korangi and SBPNIBAF. He has held managerial positions in leading financial institutions such as United Bank Limited (Head of Islamic Banking) and Standard Chartered Bank (Associate Director – Islamic Banking).
Member
Mr. Abdul Qadir Sultan is a Qualified Chartered Accountant from the Institute of Chartered Accountants of Pakistan (ICAP). He is currently working as the Deputy Head of Compliance at Tameer Microfinance Bank Limited (A subsidiary of the Telenor Group).
He completed his article ship from A.F.Ferguson & Co. one of the finest accountancy firms in Pakistan. He has a working experience of over 10 years in various diversified capacities. His last assignment was as the Head of Internal Audit at AKD Investment Management Limited (The Asset Management Company of the AKD Group managing a portfolio of over Rs. 5 billion). He is a certified director from ICAP and holds a diploma in Islamic Finance from CIMA (UK).
Mr. Sultan takes keen interest in the promotion of education, trade and industry and strongly advocates these causes through various professional, corporate and trade platforms. He is also a member of the PAIB Committee of ICAP and the Rotary Club of Karachi.