Chairman
Director
Director
Director
Director
Director
Director
Director
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
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
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
Director
Mr. Saeed Ahmad is a Fellow of the Institute of Actuaries, London. He holds a master’s degree in Finance & Accounting from the London School of Economics and BSc (Hons) from Punjab University, Lahore with a gold medal. He also attended Senior Management Program of Harvard Business School at Boston, USA.
Mr. Saeed Ahmad has extensive Banking, Finance and Management experience of over 45 years. He started his career with Prudential Corporation, London in 1969 and then moved on to Banking and worked in SIBC Riyadh, an Associate of Chase Manhattan Bank, in Corporate Finance and as Head of Corporate Finance and International in Kuwait Asia Bank, Bahrain. Mr. Saeed Ahmad has worked as Head of Treasury, Credit and Marketing of Paris-based Union de Banques Arabes et Francaise at Bahrain, a subsidiary of Credit Lyonnais, Paris for several years. He also headed Islamic Investment and Financial Products Group at Faysal Islamic Bank of Bahrain-Manama, Bahrain.
Mr. Saeed Ahmad has also worked in the corporate sector at senior executive positions such as Vice President Finance & Chief Financial Officer at the biggest Saudi multinational group in Jeddah. Earlier, he was also heading a group of companies in England.
He was appointed by the Federal Government as Chairman of the Steering Committee for the Promotion of Islamic Finance in December 2013. This apex forum was responsible for developing a roadmap for Islamic Finance in the country.
Mr. Saeed Ahmad has also served at the State Bank of Pakistan as Deputy Governor, from January 2014 to March 2017. At State Bank of Pakistan, he contributed as Chairman / Member of several committees, playing a key role in decision making for the central bank. He chaired the Banking Policy Committee, Investment Committee of the Management, Management Committee on Information Technology, Payment Systems Policy Committee. He was also a member of the Monetary Policy Committee and Monetary Operations Committee. To meet the special skill requirements and develop human resources for an expanding Islamic Banking Industry, he played a pivotal role in the establishment of three Centers of Excellence in Islamic Finance in three leading universities of the country. With a focus on the smooth flow of financial services to priority sectors including Agriculture, Warehousing Receipts, Microfinance, SMEs, low-cost housing, Financial Inclusion, Digital Banking, Mr. Saeed Ahmad has played a key role in developing a number of innovative market instruments.
During 2014-17, Mr. Saeed Ahmad was Chairman of the Board of Directors of House Building Finance Company Limited, Pakistan Mortgage Refinance Company and EXIM Bank. He was Member, Policy Board of Securities and Exchange Commission of Pakistan, State Life Insurance Corporation and Zarai Taraqiati Bank Limited. Moreover, he is a member of the Board of Governors as well as Board of Trustees of Pakistan Kidney and Liver Institute and Research Center, Lahore. Mr. Saeed Ahmad also chaired SAARC Payments Council, which is an international forum of SAARC countries to share experiences on payment systems.
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
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.
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. 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.