Board of Directors

Mr. Akbarali Pesnani

Mr. Akbarali Pesnani is an MBA and a Fellow Member of both the Institute of Chartered Accountants of Pakistan and the Institute of Cost and Management Accountants of Pakistan. He served as Chairman of the Gwadar Port and Gwadar Port Implementation Authority from 2004 to 2006 and has previously held board positions at Mirpur Khas Sugar Mills, Clariant Pakistan Limited, and Agha Steel Limited.

He has been associated with the Aga Khan Development Network (AKDN) at senior levels for over 49 years. His international assignments include serving as AKDN’s Diplomatic Representative in Tajikistan for seven years and as Envoy of His Highness the Aga Khan in Afghanistan for approximately two years.

Other Directorships & Interests include:

• Chairman, Cherat Packaging Limited
• Chairman, Aga Khan Cultural Service Pakistan
• Director, Pakistan Cables Limited
• Director, Cherat Cement Company Limited

Mr. Azfar Arshad

Mr. Azfar is a highly accomplished leader in the insurance sector with a proven record of driving organizational growth, operational efficiency, and customer-focused innovation. An engineer by background and an MBA, he combines technical expertise with strategic business acumen. Formerly Chief Operating Officer at Jubilee General Insurance and Chairman of the Insurance Association of Pakistan, he brings extensive leadership experience and deep industry insight. Under his leadership, the Company has achieved consistent progress through enhanced efficiency, customer-focused strategies, and innovation-driven initiatives. His foresight in anticipating market trends and ability to inspire teams ensure the organization remains competitive, resilient, and positioned for sustainable growth while continuing its legacy of trust, excellence, and long-term value creation.

Other Directorships & Interests include:

• Jubilee Kyrgyzstan Insurance Company

Mr. John Joseph Metcalf

Mr. John Joseph Metcalf is a Chartered Insurer and Fellow of the Chartered Insurance Institute of UK who has extensive international experience within the insurance industry. Mr. Metcalf started his insurance career in the UK, where he held various positions within insurance companies and brokers before embarking on his international career in 1990 in the Sultanate of Oman and then the United Arab Emirates. In 1996 Mr. Metcalf joined the Allianz Group, with whom he was engaged as Regional General Manager for Life in Asia-Pacific prior to taking up the appointment as Executive Chairman of Allianz Life Assurance Company and Allianz Insurance Company of Egypt. He is responsible for the development of strategy for the insurance business of AKFED, including management oversight of all AKFED investments in the insurance sector comprised of 9 insurance operations in 6 countries in Africa, Pakistan and Kyrgyzstan

Other Directorships & Interests include:

• Jubilee Life Insurance Company Limited
• Jubilee Investments Company Limited of Uganda
• Jubilee Kyrgyzstan Insurance Company (CJSC)
• Jubilee Life Insurance Company of Uganda Limited
• Jubilee Life Insurance Company of Tanzania Limited
• Jubilee Holdings Kenya Limited
• Jubilee Medical Insurance Company Limited, Kenya
• Jubilee Life Insurance Company of Kenya Limited
• Jubilee Health Insurance Co. of Tanzania
• Jubilee Life Insurance Company of Burundi S.A
• Sanlam Allianz Insurance Company Mauritius
• Sanlam Allianz Insurance Company Kenya Limited
• Sanlam Allianz General Insurance Company Burundi Limited

Mr. Amin A. Hashwani

Mr. Amin A. Hashwani belongs to a well-known business family of Pakistan. He has headed numerous business and non-business organizations, including, Pakistan India CEOs’ Business Forum, Young Presidents’ Organisation, The Network of Organisations Working for People with Disability and AIESEC, Pakistan. He is the recipient of several national and international awards for his work, including an Honorary Doctorate from USA.

Other Directorships & Interests include:

• Hassan Ali Rice Export Company Limited
• Hassan Ali & Co. (Cotton) (Pvt) Limited
• Coronet Enterprises (Pvt) Limited
• Ittehad Cement Industries Limited
• Hashwani Construction Company (Pvt) Limited
• Beaumont Enterprise (Pvt) Limited
• Marvel Enterprises (Pvt) Limited
• Stonyx (Pvt) Limited
• Wholesome Foods (Pvt) Ltd
• Zappone Systems (Pvt) Limited
• Micro Grind Minerals
• Tech4 Life Pakistan
• Syndicate Mines (Pvt.) Ltd. GB

Mr. Riyaz T. Chinoy

Mr. Riyaz T. Chinoy is a seasoned Industrial Engineer from Case Western Reserve University, USA, with over three decades of leadership experience in Pakistan’s industrial manufacturing sector. After retiring from his corporate role in 2021, he founded Yaqin Steel Limited, a start-up focused on large-scale steel production in Pakistan. He is widely recognized for his commitment to corporate governance, sustainability, and social impact, particularly in education and community development. He actively contributes to several unlisted and not-for-profit organizations, including The Citizens Foundation, Indus Valley School of Art and Architecture, Orange Tree Foundation (OTF), SINA Health Systems Foundation, The Duke of Edinburgh’s Award Pakistan, Citizens Trust Against Crime, Patrons of Expo 2020, The Water Foundation, and serves on the Advisory Boards of the Packages Group and TCF. He has been a PICG-certified Independent Director since 2007 and is a Fellow of the Institute of Engineers Pakistan.

Other Directorships & Interests include:

• Indus Motor Company Limited
• Bulleh Shah Packaging Limited
• Packages Converters Limited
• Magnus Investments Limited
• Starch Pack (Pvt.) Limited

Ms. Nausheen Ahmad

Ms. Nausheen Ahmad is a Barrister at Law with over 30 years of experience in law firm practice and in-house counsel roles across sectors including Oil & Gas, FMCG, Banking, and large-scale manufacturing. She has served as Company Secretary and Legal Counsel at ICI Pakistan Limited and HBL, Pakistan’s largest private sector bank

She is currently Lead Counsel at Legal and Governance Advisory, specializing in governance, legal compliance, conflict resolution, strategic thinking, and communication. She is also an accredited mediator and master trainer, providing mediation, negotiation, and conflict resolution training. Recently, she was appointed Chancellor of the Textile Institute of Pakistan.

Other Directorships & Interests include:

• Crescent Steel and Allied Products Limited
• Descon Engineering Limited
• 1 Link (Pvt) Limited
• Meezan Bank Limited
• International Steels Limited

Mr. Abrar Ahmed Mir

Mr. Abrar Ahmed Mir is an engineer and MBA from Illinois Institute of Technology, Chicago, IL, USA. He has extensive experience in ecommerce, fintech and innovative financial products. He is currently working as Chief Information and Transformation Officer at Habib Bank Limited.

Other Directorships & Interests include:

• HBL Microfinance Bank
• 1Link (Pvt) Limited
• HBL Asset Management Company Limited

Mr. Mohammad Akhtar Bawany

Mr. Mohammad Akhtar Bawany is a business graduate and fellow member of the Institute of Corporate Secretaries of Pakistan and Institute of Chartered Secretaries of Pakistan. He is Advisor to Deputy Chairman and CEO Hashoo Group and also holds position of director on the Boards of different companies of Hashoo Group. He has been associated with Hashoo Group for more than four decades.

Other Directorships & Interests include:

• Hotel One (Private) Limited
• Pearl Tours & Travels (Private) Limited
• City Properties (Private) Limited
• Elite Properties (Private) Limited
• Karakorum Hotels & Resorts (Private) Limited
• Zaver Chemicals Limited
• Pearl Continental Air (Private) Limited
• Pakistan Services Ltd.

Ms. Ava Ardeshir Cowasjee

Ms. Ava Ardeshir Cowasjee is a prominent person in the shipping industry of Pakistan. She has been the Chairperson of Pakistan Ships Agents Association ‘PSAA’ having already served PSAA for ten years as a Managing Committee Member. 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 became Partner of Cowasjee Group of Companies and has served for 39 years. She is a trustee in Cowasjee Foundation and member on the Boards of Syndicate & Senate NED University of Science and Technology and SOS Technical Training Institute.

Other Directorships & Interests include:

• ARK Freedom (Pvt.) Ltd.
• Cowasjee & Sons.
• Orbiter
• Shahtaj Sugar Mills Limited.
• HBL Asset Management Company Limited.
• General Shipping Agencies (Pvt) Limited.
• Quality Schools Foundation.
• Cowasjee Foundation
• Syndicate & Senate NED University of Science & Technology
• SOS Technical Training Institute
• Bogo Technologies (Pvt.) Ltd.

Ms. Sima Kamil

Ms. Sima Kamil is a pioneering Pakistani banker who became the first woman to head a major Pakistani bank, United Bank Limited (UBL), in 2017. With over 35 years of experience in commercial banking, she has held key roles at American Express Bank, Standard Chartered, and Habib Bank Limited. Ms. Kamil was the first woman appointed as Deputy Governor of the State Bank of Pakistan (SBP) in 2020 and served a three-year term. She is also actively involved in education and social causes. Ms. Kamil is the Chairperson of the Board of Governors at Karachi Grammar School and a member of Policy Board of the SECP.

Other Directorships & Interests include:

• Askari Bank Limited.
• Pakistan Mobile Communication Limited.
• NOW PDP.
• RAAST (Private) Limited.
• British Asian Trust.
• British International Investment Council
• Karachi Grammar School
• SECP Policy Board