Governance

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. 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 the business 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.

He has contributed extensively on advancement in textile sector including exploration of export market, contract negotiation and customer retention. Mr. Shabbir is highly respected in the business community as a man of commitment.

Mr. Khaleequr Rahman is with the 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 the role, he strongly emphasized on change in culture, adopting and practicing 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 also built on principles of Sustainability to rank as largest terry manufacturing concern in the Country.

Mr. Perwez Ahmed’s career began nearly five decades ago and his association with Feroze1888 is from the beginning as he was among the founding members of the Company. With his business acumen & cross industry experience he has ventured into pharmaceutical industry as well and is a director on the board for one of the leading pharmaceutical companies in Pakistan.

Mr. Perwez is very active in the textile community to date and had represented the Company in various associations & forums over the years. 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. He has very strong interpersonal & communication skills and is actively involved in philanthropic activities too.

Mr. Zain Ashraf Mukaty holds a dual degree in Economics and Engineering from the University of Pennsylvania’s Jerome Fisher Program in Management and Technology. He began his career at Cornerstone Research in New York before returning to Pakistan.

He currently serves as Chief Executive Officer of Pakistan Aluminum Beverage Cans Limited (PABC), a publicly listed company, and is actively engaged in strategic leadership across Liberty Group’s diversified portfolio. He has led the development and execution of Liberty Wind Power 1 & 2 (100 MW) and serves on the Steering Committees of Engro Powergen Thar Limited and National Resources Limited, a mining exploration company.

Previously, Mr. Mukaty served as Chief Executive Officer of Oncogen Pharma (Private) Limited, where he oversaw the development of Pakistan’s first fully compliant oncology drugs manufacturing facility. His role encompassed project design, execution, technology transfer, and commercialization.

Mr. Mukaty is also a member of the Board of Advisors of NOWPDP (Network of Organizations Working with Persons with Disabilities, Pakistan).

Mr. Anas Rahman holds an MBA in Marketing from the Institute of Business Management (IoBM), Karachi. With over two decades of leadership experience in the textile sector, he has served in key executive roles, including Director Marketing, Chief Executive Officer, and Vice Chairman of Feroze1888 Mills Limited.

A visionary and strategic thinker, Mr. Rahman is recognized for his strong leadership capabilities and proven track record of guiding teams to achieve sustainable growth. Beyond textiles, he has successfully diversified into agriculture, pharmaceuticals, and other industries, demonstrating business acumen across multiple sectors.

He is also a Certified Director from the Pakistan Institute of Corporate Governance, further strengthening his expertise in corporate governance and strategic oversight.

Mr. Temoor Ashraf Mukaty is a passionate young professional, having graduated from Babson College, Boston, with a degree in Finance and Accounts in 2016, Since returning to Pakistan in the same year, he has been actively contributing to the growth and strategic direction of the Liberty Group.

At the helm of Liberty Group affairs, Mr. Temoor has demonstrated exceptional leadership, with a particular focus on Liberty Mills Limited and its associated companies. Within this pivotal role, he is spearheading initiatives to expand the product range and strategically enhance vertical integration. His forward-thinking approach and energetic drive are key drivers behind the ongoing success and evolution of Liberty Mills Limited and its associated companies.

Beyond operational responsibilities, Mr. Temoor is deeply engaged in the financial landscape of the Liberty Group. Actively managing investments in the Group’s publicly listed equities, he employs his financial acumen to navigate the complexities of the market, ensuring optimal returns and portfolio performance. Furthermore, he plays a crucial role in identifying new areas for investment, aligning the group’s portfolio with emerging opportunities in the ever-evolving business landscape.

Mr. Temoor Ashraf Mukaty commitment to excellence, combined with his innovative strategies in both operations and investments, showcases his integral role in shaping the success and sustained growth of the Liberty Mills Limited and its associated companies.

Mr. Fudda, Chair of the Board Audit Committee & Member of the Human Resource Committee has more than 45 years of experience which encompasses working in the corporate sector as well as performing diplomatic duties. He holds B.S. in Insurance & Economics from the RCD College of Insurance, Tehran, and MBA in Insurance & Risk Management from St. Jones University New York. In his former role as Managing Director of Karachi Stock Exchange (now PSX), he was elected as Chairman of the Corporate Governance Task Force of Federation of European and Asian Stock Exchanges (FEAS). He has helped in creation of Pakistan Institute of Corporate Governance (PICG) and is a member of its faculty as well as a Certified Corporate Governance Trainer by the International Finance Corporation (IFC).

In Tehran he worked as a Client Executive, Stewart Wrightson, Lloyds Insurance Brokers. In New York he was Manager Reinsurance of American Internation Group and Adjust Assistant Professor at The College of Insurance. Prior to joining KSE, he was Country Chief of New Zealand Insurance and Commercial Union (CU now AVIVA) and Founder MD of CU Life (now Jubilee Life). He has also held positions such as Country Director, Center for International Private Enterprise, an affiliate of US Chamber of Commerce, Executive Director Pakistan Reinsurance Company.

He is the Country Representative of SCOR Reinsurance of France. Since 1989 he is the Honorary Consul General of New Zealand for Pakistan. In 1990, NZ Commemoration Medal was conferred on him by the Queen of New Zealand and in 2002, he was recognized as the Honorary Officer of the New Zealand Order of Merit (ONZM). In 2006, he was conferred the coveted Sitara-e-Imtiaz (S.I.) by the President of Pakistan. He and his wife have travelled to 130 countries in six continents.

Ms. Huma Pasha is the Senior Partner at Usmani & Co. and brings with her over 35 years of local and international experience with leading national and global institutions, including Citibank, Hub Power Company, and Dawood Hercules Group, where she has held several senior management positions.

Alongside her professional career, she is an accomplished trainer and thought leader. She has conducted workshops, seminars, and conferences at reputable institutions, with a strong focus on directors’ training, board performance evaluation, risk-based internal audit, the role of internal audit in ethics and fraud, and sustainable business practices.

Ms. Pasha serves on multiple corporate boards. She is a Director on the Board of UBL Funds, where she chairs the Board Audit Committee and is a member of the Risk and Compliance Committee. She is also a Director on the Board of GHPL, where she chairs the Board Audit Committee and serves on the Human Resources and Nomination Committee.

Her previous governance roles include serving on the Audit Committee of the State Bank of Pakistan Banking Services Corporation, leading the quality assurance review of the Internal Audit and Compliance Department of the State Bank of Pakistan, and contributing to the Quality Assurance Board and various committees of ICAP. She has also been actively engaged with the Institute of Internal Auditors (IIA) Global and the IIA International Board, and was the founding Chairperson of the Chartered Accountants Women’s Forum at ICAP.

A Chartered Accountant by profession, Ms. Pasha holds multiple professional certifications, including Certification in Risk Management Assurance (CRMA), Internal Controls, and Internal Audit.

Aminah Zaheer is the Managing Director of Zahid Zaheer & Associates, a multi-disciplinary management consultancy firm based in Karachi. Prior to relocating to Pakistan, Ms. Zaheer was employed with The Body Shop International Pte Ltd as Regional Finance Director for Asia Pacific, based out of Singapore. Ms. Zaheer holds over 30 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. In addition to her vast working experience across a sector of Industry, she holds diverse geographic and cultural exposure having worked in several geographies within Asia Pacific, including Dubai, China, Australia and Singapore.

Ms. Zaheer completed Masters in Business Administration from The Institute of Business Administration (IBA) Karachi in 1990 with a major in Finance and have also completed innumerable training courses with INSEAD in France, CFA Institute in Singapore, The Johnson Learning Institute and Cornell University in USA. Certified by PICCG on Corporate Governance Leadership Skills, Ms. Zaheer completed the Directors Training Program on Corporate Governance from PICG as early as 2007, and followed this up with a refresher course in 2018. A passionate advocate of Corporate Governance, Ms. Zaheer is a specialist in the areas of Business Start Ups, Acquisitions, Mergers & Joint Ventures, Restructuring & Integration, Corporate Strategy and Brand Creation.

Over the last two decades she has served on diverse boards of renowned Private Limited and Public Listed companies in the capacity of an Executive Director as well as an Independent Director. She is an integral member of the Board Executive Committee, Board Audit Committee, Board IT & IS Committee, Board ESG Committee, Board Capital Increase Committee and chairs the Board Human Resource & Remuneration and Board Risk committees.

Ms. Zaheer is a certified Trainer and have conducted several training sessions on Corporate Governance at PICG & various modules on Directors Training at LUMS, Pakistan. She is committed to the cause of promoting Sustainability and Gender Equality in Pakistan. An integral member of the Patients Aid Society (JPMC Karachi) as well as the Behbood Association Pakistan, she is actively involved in philanthropy devoting a good part of her time to give back to the community.

Mr. Rehan Rahman has served as the Chief Executive Officer of Feroze1888 Mills since April 2016. With over two decades of industry experience, he combines entrepreneurial foresight with professional management, having built deep cross-functional expertise across operations, leadership, and governance.

Raised in an entrepreneurial environment, he gained early exposure to leadership and operational responsibilities by leading multiple functions within family-owned businesses in his formative years. A keen learner with an adaptable and growth-oriented mindset, he developed a strong understanding of organizational dynamics and people management, complemented by a pragmatic and solutions-driven approach.

At Feroze1888 Mills, Mr. Rahman has led transformative growth while focusing on strengthening a culture of diversity, equity & inclusion, underpinned by mutual respect, and fostering an environment of accountability and empowerment where ownership and leadership are shared across teams.

Under his strategic leadership, Feroze1888 Mills has achieved significant milestones, including record-breaking revenues, expanded production capacity, impactful talent development, and global recognition for sustainability and customer excellence. His contributions have also been acknowledged externally, most notably with the honor of Top CEO of the Year (Multinational) from the Employers’ Federation of Pakistan.

Beyond business, Mr. Rahman actively champions community engagement and philanthropy, embedding social responsibility as a core value.