اردو
Governance – Feroze1888 Mills Limited

Governance

  • Mr. Jonathan R. Simon- Chairman / Non-Executive Director

    Mr. Jonathan Simon is the Chairman of the Board of Directors of Feroze 1888 Mills Limited and has been so since last 4 years. He received his education from Indiana University, with a Bachelors in Business Administration & Management and from the University Of Chicago Booth School Of Business, AMP.

    He possesses over 35 years of diversified experience in the Home and Commercial textile industry with manufacturing locations in the US, Pakistan and Bangladesh. His exposure to these radically different markets acts as a catalyst in broadening the horizon. The depth of his knowledge and breadth of his experience is an invaluable, driving force behind the Board of Feroze 1888 Mills Limited.

  • Mr. Nasim Hyder, FCA - Vice Chairman and Independent Director

    Mr. Nasim Hyder is a fellow member of the Institute of Chartered Accountant of Pakistan. He has over thirty years of experience in accountancy, audit, tax, corporate affairs and consultancy. He is regarded as one of the leading authorities in the country on taxation and was actively involved in policy making regarding tax legislations in Pakistan when in practice. He served as a Country Tax Leader/Senior Partner of EY Ford Rhodes (Previously Ernst & Young Ford Rhodes Sidat Hyder), Chartered Accountants. He also served as the President, elected member and member of the council and various committees of the Institute of Chartered Accountants of Pakistan (ICAP).

  • Mr. Khaleequr Rahman- Non-Executive Director

    Mr. Khaleequr Rahman is in textile industry for more than four decades. Belonging to a family in business for generations, he was made part of business during his education days and started to learn and understand the textile and other family businesses. With the broadening of experience and exposure, his role was enhanced over time and ultimately assigned the responsibility to lead the business. After assuming of role, he strongly emphasized on change in culture, adopting and practising the more proven technological advancements and made all his efforts to adopt good practices and introduced the culture of high performance with maximum economization. With his vision and leadership capabilities and foresightedness, he not only enhanced the volume and profit by many folds but the Company also on sustainable basis to rank as the largest in the Country. He is an individual who is highly respected in the Textile Industry for his professional acumen, vision and innovations. He is also a Certified Director from the Pakistan Institute of Corporate Governance.

  • Mr. Shabbir Ahmed- Non-Executive Director

    Mr. Shabbir Ahmed belongs to a family who has diversified stake in industries, trade and commerce for many decades in Pakistan. He himself is engaged in similar activities for almost 45 years both independently and in joint ventures / partnership with other family members as well as other business houses and individuals. In addition to trading/ commercial activities he has a substantial stake in textile sector and is involved in the overall management as Chief Executive and Director.

    He travels extensively for updating on advancement in textile sector and for exploring export markets, contract negotiation and customer retention. Mr. Shabbir is highly respected in the business community as a man of commitment.

  • Mr. Abdul Rehman Yaqub- Non-Executive Director

    Mr. Abdul Rehman Yaqub after completing his education in the US entered into textile industry almost 35 years back. Starting out as a young businessman with a strong work ethic, he started sales and distribution textile company named as Eastern Imports Ltd. Within few years, he expanded the operation by acquiring manufacturing facilities in Bangladesh and Sri Lanka. While his company was growing internationally, he worked on expanding his US operations by merging with another niche textile company to become Eastern-Shelnor, Inc. (ESN). From the success and growth of ESN another merger came into play with him leading the way. ESN merged with a textile manufacturer and became 1888 Mills, LLC with manufacturing capabilities in the US.

    Over the years, he has utilized his many years of knowledge and understanding of the global textile market to be the visionary of the Company. His unique ability to bring together people of diverse cultures and backgrounds has enabled 1888 Mills US to be one of the pioneers of global textile production, with mills in Pakistan, Bangladesh, Ghana and the United States. Today Mr. Yaqub is seen as a predominant global business leader.

  • Mr. Perwez Ahmed- Non-Executive Director

    Mr. Sheikh Perwez Ahmed’s career began nearly five decades ago and his association with Feroze 1888 is from the beginning as he was among the founding members of the Company. Over the span of his professional service he has proven his expertise in strategically leading the business with a strong acumen in finance, sales, marketing and general management. Mr. Perwez is very active is the textile community to date and has represented the Company in various associations & forums over the years. He has very strong interpersonal & communication skills and is actively involved in philanthropic activities. He is also a director in the Patient Behbud society for AKUH.

  • Mr. Anas Rahman- Non-Executive Director

    Mr. Anas Rahman has completed his M.B.A in Marketing from Institute of Business Management Karachi. He has more than 20 years of experience in the textile sector. He has worked in different capacities such as Director Marketing, Chief Executive Officer and Vice Chairman for Feroze1888 Mills Limited.

    As a visionary and strategic thinker, he has good leadership skills and has lead teams effectively and successfully. Currently he is involved in diversifying his family business profile by selecting and evaluating different businesses.

    Anas is a Certified Director from the Pakistan Institute of Corporate Governance.

  • Mr. Zain Ashraf Mukaty- Non-Executive Director

    Mr. Zain Ashraf Mukaty graduated from the University of Pennsylvania, with a dual degree in Economics and Engineering as part of the exclusive Management and Technology Program. He worked at Cornerstone Research in New York as a Financial Litigation Consultant before moving back to Pakistan to join Liberty Group.

    Zain has been an integral part of the new venture development team at Liberty Group. He has a multifaceted role and is involved in various new projects that diversified Liberty Group portfolio. He is leading the development of two 50 MW wind power projects, Liberty Wind Power 1 & 2, as the Executive Director. He is also the Director of Liberty Mills Limited and Pakistan Aluminum Beverage Can Limited.

    In addition, Zain is the Chief Executive Officer at Oncogen Pharma (Private) Limited, developing the first cancer drugs manufacturing facility in Pakistan. His key role in the company is highly enterprising, focusing on successful project execution, system development and revenue growth.

  • Ms. Huma Pasha, FCA, CIA, CRMA & CICA - Independent Director

    Ms. Huma brings with her over 35 years of local and international working experience for various national and global institutions including Citibank, Hub Power Company, and Dawood Hercules group in several management capacities and earned a wide range of experience in the power and fertilizer sector. At HUBCO, she headed internal audit function for over 20 years. After leaving HUBCO she was associated with Dawood Hercules group for almost three years as group Chief Internal Auditor. In 2015, she joined Usmani & Co. as Audit Partner. She is highly passionate for training services and more frequently indulge herself in various trainings for firm’s clients as well as for highly reputed professional institutions of Pakistan on directors training, Board performance evaluation, Internal Audit, and sustainable business propositions.

    Huma has served on the Audit Committee of the State Bank of Pakistan Banking Services Corporation and carried out quality control review of State Bank of Pakistan’s internal audit functions and served on the Quality Assurance Board of ICAP. Other significant positions held were on the Board of Institute of Internal Auditors International USA, President of IIA Karachi Chapter, and President of ISACA Karachi Chapters. Huma has also served as a Chairperson of Workstream Automation Ltd. a software firm.

  • Ms. Aminah Zahid Zaheer- Independent Director

    Ms. Aminah is currently employed as the Managing Director of Zahid Zaheer & Associates, a multi-disciplinary, reputable well-established management consultancy firm based in Karachi.

    Aminah has over 25 years of diverse working experience with some of the world’s largest FMCG firms – namely Unilever, Johnson Wax, Johnson & Johnson, L’Oreal SA and The Body Shop. Aminah has acquired over 15 years of Boardroom experience and has served on diverse boards both in the private and public sector.

    Aminah is a specialist in the areas of Business Start Ups, Acquisitions, Mergers & Joint Ventures, Restructuring & Integration, Corporate Strategy and Brand Creation. Aminah has had an exposure to a cross section of industries within Pakistan and Asia Pacific, including Pharmaceuticals, Home Cleaning, Health and Personal Care, Cosmetics and Beauty. She has lived and worked in multiple geographies within Asia Pacific, including China, Australia and, most recently, in Singapore.

    Aminah completed a Masters in Business Administration from The Institute of Business Administration (IBA) Karachi in 1990 with major in Finance. She has also completed innumerable training courses with INSEAD in France and with The Johnson Learning Institute and Cornell University in USA.

  • Mr. Rehan Rahman - Chief Executive Officer

    Mr. Rehan Rahman is the Chief Executive Officer of Feroze1888 Mills Limited. He was appointed in April 2016 as CEO and upon completion of the first term was re-appointed for the second term effective April 2019. He brings with him an extensive and cross functional hands on experience of over 15 years in Feroze1888.

    Mr. Rehan was a key personnel in the change management process from 2010 to 2012 when acquisition and merger with Nakshbandi Industries Limited (NBIL) took place. He was also appointed as CEO, NBIL and effectively enabled a sick unit transformed into a gradually recovering unit.

    During his tenure as a CEO of Feroze1888 Mills since April 2016, the Company has witnessed many milestones being achieved; be its business generation, capacity enhancements, HR development programs or winning multiple customer and sustainability awards.

    At personal front, he is keen to invest in his own professional grooming. He is a Certified Director from Pakistan Institute of Corporate Governance and attends various technical and leadership seminars and workshops on regular basis.

Governance

  • Mr. Jonathan R. Simon- Chairman / Non-Executive Director

    Mr. Jonathan Simon is the Chairman of the Board of Directors of Feroze 1888 Mills Limited and has been so since last 4 years. He received his education from Indiana University, with a Bachelors in Business Administration & Management and from the University Of Chicago Booth School Of Business, AMP.

    He possesses over 35 years of diversified experience in the Home and Commercial textile industry with manufacturing locations in the US, Pakistan and Bangladesh. His exposure to these radically different markets acts as a catalyst in broadening the horizon. The depth of his knowledge and breadth of his experience is an invaluable, driving force behind the Board of Feroze 1888 Mills Limited.

  • Mr. Nasim Hyder, FCA - Vice Chairman and Independent Director

    Mr. Nasim Hyder is a fellow member of the Institute of Chartered Accountant of Pakistan. He has over thirty years of experience in accountancy, audit, tax, corporate affairs and consultancy. He is regarded as one of the leading authorities in the country on taxation and was actively involved in policy making regarding tax legislations in Pakistan when in practice. He served as a Country Tax Leader/Senior Partner of EY Ford Rhodes (Previously Ernst & Young Ford Rhodes Sidat Hyder), Chartered Accountants. He also served as the President, elected member and member of the council and various committees of the Institute of Chartered Accountants of Pakistan (ICAP).

  • Mr. Khaleequr Rahman- Non-Executive Director

    Mr. Khaleequr Rahman is in textile industry for more than four decades. Belonging to a family in business for generations, he was made part of business during his education days and started to learn and understand the textile and other family businesses. With the broadening of experience and exposure, his role was enhanced over time and ultimately assigned the responsibility to lead the business. After assuming of role, he strongly emphasized on change in culture, adopting and practising the more proven technological advancements and made all his efforts to adopt good practices and introduced the culture of high performance with maximum economization. With his vision and leadership capabilities and foresightedness, he not only enhanced the volume and profit by many folds but the Company also on sustainable basis to rank as the largest in the Country. He is an individual who is highly respected in the Textile Industry for his professional acumen, vision and innovations. He is also a Certified Director from the Pakistan Institute of Corporate Governance.

  • Mr. Shabbir Ahmed- Non-Executive Director

    Mr. Shabbir Ahmed belongs to a family who has diversified stake in industries, trade and commerce for many decades in Pakistan. He himself is engaged in similar activities for almost 45 years both independently and in joint ventures / partnership with other family members as well as other business houses and individuals. In addition to trading/ commercial activities he has a substantial stake in textile sector and is involved in the overall management as Chief Executive and Director.

    He travels extensively for updating on advancement in textile sector and for exploring export markets, contract negotiation and customer retention. Mr. Shabbir is highly respected in the business community as a man of commitment.

  • Mr. Abdul Rehman Yaqub- Non-Executive Director

    Mr. Abdul Rehman Yaqub after completing his education in the US entered into textile industry almost 35 years back. Starting out as a young businessman with a strong work ethic, he started sales and distribution textile company named as Eastern Imports Ltd. Within few years, he expanded the operation by acquiring manufacturing facilities in Bangladesh and Sri Lanka. While his company was growing internationally, he worked on expanding his US operations by merging with another niche textile company to become Eastern-Shelnor, Inc. (ESN). From the success and growth of ESN another merger came into play with him leading the way. ESN merged with a textile manufacturer and became 1888 Mills, LLC with manufacturing capabilities in the US.

    Over the years, he has utilized his many years of knowledge and understanding of the global textile market to be the visionary of the Company. His unique ability to bring together people of diverse cultures and backgrounds has enabled 1888 Mills US to be one of the pioneers of global textile production, with mills in Pakistan, Bangladesh, Ghana and the United States. Today Mr. Yaqub is seen as a predominant global business leader.

  • Mr. Perwez Ahmed- Non-Executive Director

    Mr. Sheikh Perwez Ahmed’s career began nearly five decades ago and his association with Feroze 1888 is from the beginning as he was among the founding members of the Company. Over the span of his professional service he has proven his expertise in strategically leading the business with a strong acumen in finance, sales, marketing and general management. Mr. Perwez is very active is the textile community to date and has represented the Company in various associations & forums over the years. He has very strong interpersonal & communication skills and is actively involved in philanthropic activities. He is also a director in the Patient Behbud society for AKUH.

  • Mr. Anas Rahman- Non-Executive Director

    Mr. Anas Rahman has completed his M.B.A in Marketing from Institute of Business Management Karachi. He has more than 20 years of experience in the textile sector. He has worked in different capacities such as Director Marketing, Chief Executive Officer and Vice Chairman for Feroze1888 Mills Limited.

    As a visionary and strategic thinker, he has good leadership skills and has lead teams effectively and successfully. Currently he is involved in diversifying his family business profile by selecting and evaluating different businesses.

    Anas is a Certified Director from the Pakistan Institute of Corporate Governance.

  • Mr. Zain Ashraf Mukaty- Non-Executive Director

    Mr. Zain Ashraf Mukaty graduated from the University of Pennsylvania, with a dual degree in Economics and Engineering as part of the exclusive Management and Technology Program. He worked at Cornerstone Research in New York as a Financial Litigation Consultant before moving back to Pakistan to join Liberty Group.

    Zain has been an integral part of the new venture development team at Liberty Group. He has a multifaceted role and is involved in various new projects that diversified Liberty Group portfolio. He is leading the development of two 50 MW wind power projects, Liberty Wind Power 1 & 2, as the Executive Director. He is also the Director of Liberty Mills Limited and Pakistan Aluminum Beverage Can Limited.

    In addition, Zain is the Chief Executive Officer at Oncogen Pharma (Private) Limited, developing the first cancer drugs manufacturing facility in Pakistan. His key role in the company is highly enterprising, focusing on successful project execution, system development and revenue growth.

  • Ms. Huma Pasha, FCA, CIA, CRMA & CICA - Independent Director

    Ms. Huma brings with her over 35 years of local and international working experience for various national and global institutions including Citibank, Hub Power Company, and Dawood Hercules group in several management capacities and earned a wide range of experience in the power and fertilizer sector. At HUBCO, she headed internal audit function for over 20 years. After leaving HUBCO she was associated with Dawood Hercules group for almost three years as group Chief Internal Auditor. In 2015, she joined Usmani & Co. as Audit Partner. She is highly passionate for training services and more frequently indulge herself in various trainings for firm’s clients as well as for highly reputed professional institutions of Pakistan on directors training, Board performance evaluation, Internal Audit, and sustainable business propositions.

    Huma has served on the Audit Committee of the State Bank of Pakistan Banking Services Corporation and carried out quality control review of State Bank of Pakistan’s internal audit functions and served on the Quality Assurance Board of ICAP. Other significant positions held were on the Board of Institute of Internal Auditors International USA, President of IIA Karachi Chapter, and President of ISACA Karachi Chapters. Huma has also served as a Chairperson of Workstream Automation Ltd. a software firm.

  • Ms. Aminah Zahid Zaheer- Independent Director

    Ms. Aminah is currently employed as the Managing Director of Zahid Zaheer & Associates, a multi-disciplinary, reputable well-established management consultancy firm based in Karachi.

    Aminah has over 25 years of diverse working experience with some of the world’s largest FMCG firms – namely Unilever, Johnson Wax, Johnson & Johnson, L’Oreal SA and The Body Shop. Aminah has acquired over 15 years of Boardroom experience and has served on diverse boards both in the private and public sector.

    Aminah is a specialist in the areas of Business Start Ups, Acquisitions, Mergers & Joint Ventures, Restructuring & Integration, Corporate Strategy and Brand Creation. Aminah has had an exposure to a cross section of industries within Pakistan and Asia Pacific, including Pharmaceuticals, Home Cleaning, Health and Personal Care, Cosmetics and Beauty. She has lived and worked in multiple geographies within Asia Pacific, including China, Australia and, most recently, in Singapore.

    Aminah completed a Masters in Business Administration from The Institute of Business Administration (IBA) Karachi in 1990 with major in Finance. She has also completed innumerable training courses with INSEAD in France and with The Johnson Learning Institute and Cornell University in USA.

  • Mr. Rehan Rahman - Chief Executive Officer

    Mr. Rehan Rahman is the Chief Executive Officer of Feroze1888 Mills Limited. He was appointed in April 2016 as CEO and upon completion of the first term was re-appointed for the second term effective April 2019. He brings with him an extensive and cross functional hands on experience of over 15 years in Feroze1888.

    Mr. Rehan was a key personnel in the change management process from 2010 to 2012 when acquisition and merger with Nakshbandi Industries Limited (NBIL) took place. He was also appointed as CEO, NBIL and effectively enabled a sick unit transformed into a gradually recovering unit.

    During his tenure as a CEO of Feroze1888 Mills since April 2016, the Company has witnessed many milestones being achieved; be its business generation, capacity enhancements, HR development programs or winning multiple customer and sustainability awards.

    At personal front, he is keen to invest in his own professional grooming. He is a Certified Director from Pakistan Institute of Corporate Governance and attends various technical and leadership seminars and workshops on regular basis.