Board Of Directors

Mr. Towfiq Habib Chinoy, Chairman

Mr. Towfiq Habib Chinoy, was associated with International Industries Ltd. (IIL) and International Steels Ltd. (ISL) since 1964. He retired in August 2015 after serving as Managing Director for 40 years. He is also currently the Non-executive Chairman of Jubilee General Insurance Company Ltd. and Packages Ltd. He also holds a directorship of IGI Investment Bank Ltd. Mr. Chinoy has served on the Advisory Boards of Ports and Shipping Sector, Ministry of Communications, Director on the Boards of Port Qasim Authority, as the Member of the Engineering Development Board, Government of Pakistan., National Refinery Ltd., Linde Pakistan Ltd , Jubilee Life Insurance Co. Ltd and as Chairman of Pakistan Cables Ltd and PICIC Commercial Bank Ltd.

Mr. Farid Ahmed Khan, Chief Executive Officer

Farid Ahmed Khan, CFA has been involved with capital markets for over 22 years and has a broad-based, global experience with bulge bracket firms in Fund Management, Investment Banking, Investment Research and Sales, Business Development & Project Finance. Before joining HBL, Farid served as CEO of ABL AMC for over six years and was the founding CEO of MCB Asset Management. Prior to that, he worked for MCB Bank as Head of Investment Banking Group. Farid has extensive experience outside Pakistan, having worked at Credit Suisse, Morgan Stanley, ING Barings Securities and CLSA Emerging Markets in Singapore, Kuala Lumpur, London and Istanbul in a variety of senior positions. Farid also serves on the boards of NADRA Authority, FINCA Microfinance Bank and is also a member of Corporate Leaders Advisory Board of IBA, Karachi. He has previously served two terms as elected Director of CFA Society Pakistan. Farid holds an MBA in Finance from Institute of Business Administration, Karachi and got his CFA qualification in 1998. He is a regular speaker at business forums and contributes to various national and international publications.

Ms. Ava A. Cowasjee, Director

Ms. Ava Ardeshir Cowasjee is a prominent person in the shipping industry of Pakistan. She did her schooling at Convent of Jesus and Mary, Karachi, and higher education at Roedean School, England. Thereafter she pursued Management training at Hyde Park Hotel, London, Intercontinental Hotel, Karachi, and got her diploma in Hotel Management from the Ecole Hotelier, Switzerland. She worked as Manager, Manpower Development at Intercontinental Hotel, Karachi, for four years before joining the family business.


Ms. Cowasjee became Partner of Cowasjee Group of Companies and has served the Group for 29 years. She has been the Chairperson of Pakistan Ships Agents Association ‘PSAA’ having already served PSAA for ten years as a Managing Committee Member. She has also been a Member on the Management Committee of Pakistan International Freight Forwarders Association. She also associated with SOS Children's Village of Sindh for the last ten years as its Vice Chairman. She is a Member of Managing Committee of Hermann Gmeiner School. She is also the Trustee of Cowasjee Foundation.

Mr. Rizwan Haider, Director

Mr. Rizwan Haider was has been appointed on the Board since April 2013. He is a seasoned banker with over thirty years of diverse banking experience in senior management positions, with local and international banks. He is currently the Chief Risk Officer for Habib Bank Limited (HBL). Mr. Haider also serves on the Boards of Habib Finance International Limited - Hong Kong, Habib Financial Services Limited – Pakistan and Diamond Trust Bank Limited – Kenya. He has previously served as the Regional General Manager - Far East and Africa regions and Head of International and Market Risks at HBL. Prior to joining HBL, Mr. Haider was with Credit Agricole, where he held senior management positions in Corporate and Investment Banking and Risk Management.

Mr. Nadeem Abdullah, Director

Mr. Nadeem Abdullah graduated as commerce graduate from MC Gill University Canada. He is currently the Chief Executive Officer of Sapphire Textile Mills Limited and Sapphire Wind Power Company Ltd. as well as director in other group companies. He also has been director of Karachi Cotton Association and Standard Chartered Pakistan as well as Port Qasim Authority. He has led the business growth of the organization, introduced new product lines and let the development of more value added products. He was involved hands-on with the development of the Sapphire Group’s textile operations, which has provided him with an in-depth understanding of the business. He has spearheaded the diversification of the group in non- textile business Mr. Nadeem has developed expertise in multiple disciplines including sales and marketing, supply chain management, product development and management etc.

Mr. Salahuddin Manzoor, Director

Mr. Manzoor has wide ranging international experience expanding over 33 years. He is an MBA from Wharton and is currently working as Global Treasurer at HBL. Prior to that, Mr. Manzoor has held various positions in several world class organizations such as Head of Business Development with Observatory Capital, UK, Client Relationship Manager, Global Head – Emerging Markets Trading FX, Derivatives & Local Fixed Income Markets, with BNP Paribus UK and Singapore.

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