Board of

Directors

The Board of directors acknowledges the significance of efficient discharge of duties imposed by corporate law and stands firmly committed in its objectives to add value through effective participation and contribution towards achievement of Company’s business objectives.

MR. IFTIKHAR H. SHIRAZI
CHAIRMAN / NON-EXECUTIVE DIRECTOR

MR. ALI H. SHIRAZI
NON-EXECUTIVE DIRECTOR

MR. FRAHIM ALI KHAN
NON-EXECUTIVE DIRECTOR

MR. HASAN REZA UR RAHIM
INDEPENDENT / NON-EXECUTIVE DIRECTOR

MS. ROOHI RAEES KHAN
INDEPENDENT / NON-EXECUTIVE DIRECTOR

MR. M. HABIB-UR-RAHMAN
NON EXECUTIVE DIRECTOR

MR. BABAR MAHMOOD MIRZA
CEO & EXECUTIVE DIRECTOR

MR. IFTIKHAR H. SHIRAZI

CHAIRMAN / NON-EXECUTIVE DIRECTOR

Mr. Iftikhar H. Shirazi graduated with a Bachelor of Science in Finance from Notre Dame De Namur University (formerly College of Notre Dame), USA, and completed his OPM from Harvard Business School, USA. He has over 30 years of corporate management experience, more particularly in the financial and trading sectors. He has to his credit, work experience at Bank of Tokyo-Mitsubishi, Yamaichi Securities, and Toyota Tsusho Corporation.

He is currently Chairman of Shirazi Investments (Pvt) Limited, Atlas Asset Management Limited, Atlas Insurance Limited, Shirazi Trading Company (Private) Limited, Atlas Foundation and Atlas Information Technology Resource Centre. He is also a member of the SAARC Chamber of Commerce & Industry, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Karachi Chamber of Commerce & Industry (KCCI). He is also serving on the Board of Governors of the British Overseas Association. He was also a member of the Aga Khan Resource Development Committee and FPCCI Executive Committee. He has also served the Management Association of Pakistan as their Vice President.

He also enjoys membership of several other prestigious associations that include, Harvard Club of New York and Pakistan, Young Presidents Organization, Aitchison College Old Boys Association, Government College of Commerce & Economics Old Students Association and English Speaking Union. He was also President of International Club, Notre Dame De Namur (formerly College of Notre Dame), USA.

MR. ALI H. SHIRAZI

NON-EXECUTIVE DIRECTOR

Mr. Ali H. Shirazi graduated with a BA from Yale University, USA in 2000 and thereafter completed his Masters in Law from Bristol University, UK in 2005. During this period he worked for the Bank of Tokyo-Mitsubishi in New York as well as American Honda in Torrance, California. He is Group Director Financial Service and President / Chief Executive of Atlas Battery Limited. He serves on the Board of Atlas Asset Management Limited, Atlas Engineering Limited, Atlas Insurance Limited, Shirazi Trading (Private) Limited, National Management Foundation (sponsoring body of LUMS), Cherat Packaging Limited, Pakistan Society for Training and Development (President) and Young President Organization-Pakistan (YPO). Previously he has also served on the Board of National Clearing Company of Pakistan Limited (NCCPL).

He is a 'Certified Director' from the Pakistan Institute of Corporate Governance and in 2018 completed the Owner / President Management Program (OPM) from Harvard Business School.

MR. FRAHIM ALI KHAN

NON-EXECUTIVE DIRECTOR

Mr. Frahim Ali Khan is a Law graduate from Karachi University. He has also attended Senior Managers’ Program at Harvard University, USA, Financial Management Program at Stanford University, USA and Board of Director’s Program at Insead University, France.

He has over 50 years of experience in General Management, Finance, Investment and Taxation. He joined the Atlas Group in 1967 and has served in different positions. Currently his other directorships include Atlas Battery Limited, Atlas Asset Management Limited, Atlas Engineering (Private) Limited, Atlas Power Limited, Shirazi Investments (Private) Limited, Shirazi Investments (Private) Limited, Shirazi Trading Company (Private) Limited, Atlas Energy (Private) Limited, Atlas Autos (Private) Limited, Atlas Metal (Private) Limited and the Atlas Foundation. Earlier, he has also served on the boards of Atlas Honda Limited and former Atlas Bank Limited and has been CEO of Shirazi Investments (Private) Limited, Shirazi Trading Company (Private) Limited, Atlas Asset Management Limited and former Atlas Investment Bank Limited.

MR. HASAN REZA UR RAHIM

INDEPENDENT / NON-EXECUTIVE DIRECTOR

Mr. Rahim is an accomplished professional who has over 30 years of domestic and international experience in theBanking and Financial Services industry. In addition to being the Chairman of Cyan Limited he serves on the Boards of Hum Network Limited, Dawood Hercules Corporation Limited, and Dawood Lawrencepur Limited. Previously, he was the Executive Director in-charge of the Chairman’s Corporate Office of the Dawood Hercules Group (“DHG”). DHG consists of several listed and unlisted companies, is one of the largest entrepreneurial groups in Pakistan that has a market capitalization exceeding USD 3.5 Billion for companies listed on the Pakistan Stock Exchange.

During his 15-year career with JPMorgan, Mr. Rahim held several senior roles in Pakistan and abroad. He assisted in establishing and heading the Global Corporate Bank in Bahrain, Qatar and Saudi Arabia, was Senior Country Officer of Pakistan and was an integral part of the Regional Corporate Finance team based in Singapore. He has originated, led and executed large complex M&A transactions and Privatizations totaling USD 5.0 billion, Sovereign Debt and Bond issues of over USD 2.0 billion in the Telecom, Airlines, Banking, Oil &Gas and Petrochemical industries.

Mr. Rahim, previously also held senior roles with Mashreq Bank psc, ANZ Grindlays Bank plc and commenced his career with Exxon Chemical Pakistan Limited. He was also posted and lived in Zurich, Singapore, Bahrain and Dubai and received his Bachelor’s degree from the University of Delaware in USA.

MS. ROOHI RAEES KHAN

INDEPENDENT / NON-EXECUTIVE DIRECTOR

Mrs. Roohi Raees Khan is an MBA from IBA, Karachi. She completed her B.A. (Economics & Mathematics) from Punjab University. She has over 35 years of experience in various banking segments like Development Banking, Lease Financing, Housing Finance, SME Financing, Islamic Banking, Investment Banking etc. She has over 15 years of experience at senior management level, as well as Chief Executive and Chief Operating Officer and Director on Boards of various Financial Institutions having dealt with policy making, strategic planning and systems refinement, implementation of control functions, revamping / restructuring and mergers.

Mrs. Khan had served on Boards of Asian Leasing, Lahore Stock Exchange, International Housing Finance Limited, Mashreq Bank (now Samba Bank), PICIC and Safe Way Mutual Fund. She had also served at senior management level in various organizations. She had been Group Head, Textiles, in National Development Finance Corporation, Chief Executive Officer of Asian Leasing, Chief operating Officer of Trust Investment Bank and Zarai Taraqiati Bank Limited (ZTBL). She had also been acting President of ZTBL during 2011 / 2012. She was appointed Chairperson of Sui Northarn Gas Pipline in the year 2019.

MR. M. HABIB-UR-RAHMAN

NON EXECUTIVE DIRECTOR

Mr. Mohammad Habib-ur-Rahman, a chartered accountant from Institute of Chartered Accountants in England & Wales has over 50 years of corporate management experience in financial and manufacturing sectors. He formerly worked with National Investment Trust Limited as General Manager Finance and Investment, Atlas Honda Limited as director, ABAMCO Limited as chief executive and Atlas Asset Management Limited as chief executive.

He is member of Atlas Group Advisory Board and is responsible for preparation of Group strategy plan.

Mr. Habib-ur-Rahman has acted as Securities and Exchange Commission of Pakistan (SECP) nominee director on the Board of Karachi Stock Exchange in 2000, 2001 & 2003. He has also been a member of Advisory Group on Capital Market constituted by SECP. He was a member of Enquiry Committee constituted by SECP to enquire about the management of exposure rules and another Enquiry Committee to study the 2008 Financial Crisis.

Mr. Habib-ur-Rahman has contributed to the formation and development of Mutual Funds Association of Pakistan, a trade body representing asset management companies in Pakistan and represented the association in international conferences. Mr. Habib-ur-Rahman has represented the association as director, chairman and chairman of taxation committee.

MR. BABAR MAHMOOD MIRZA

CEO & EXECUTIVE DIRECTOR

Mr. Babar Mirza is an MBA from University of Glasgow, UK. He has over 20 years of experience in the insurance industry. He had been associated with Habib Insurance as General Manager (from 1999 to 2009), worked for Adamjee Insurance as Deputy General Manager Reinsurance and Head of Claims between 2010 and 2013 before joining UBL Insurers as Chief Operating Officer in 2013. He was appointed Chief Executive Officer of UBL Insurers in 2014 and spent around four (4) years in that position before joining Atlas Insurance Limited in April 2018.