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PROFILE OF BOARD OF DIRECTORS


Mr. Muhammad Yousuf Amanullah - CHAIRMAN

Mr. Muhammad Yousuf Amanullah is a fellow member of the Institute of Chartered Accountants of Pakistan. He is a certified Director from the Pakistan Institute of Corporate Governance. He previously served on the Boards of Jahangir Siddiqui Investment Bank Limited, JS Global Capital Limited, JS Value Fund Limited and JS Investments Limited.

He joined JS Group in 2003 and is presently the Chief Financial Officer of JS Bank Limited as the Senior Executive Vice President. He was previously associated at a senior level with A. F. Ferguson & Co. Chartered Accountants, a member firm of PricewaterhouseCoopers after having qualified with them. Prior to A. F. Ferguson & Co., he worked with Ernst & Young Ford Rhodes Sidat Hyder. During his association with the firm, he was involved in various Statutory and Special assignments relating to Commercial banks, Non-Banking Finance Companies, Pharmaceutical and Automobile sectors.



Mr. JUNAID IMRAN - DIRECTOR

Mr. Junaid Imran is a Senior Vice President in JS Group's Principal Finance Office based in Karachi. He has extensive experience and expertise in the fields of Investment Banking, Private Equity, Corporate Advisory and Mergers & Acquisitions. He has experience working in several sectors including Oil & Gas, Real Estate, Infrastructure & Terminals, Glass, Media & Entertainment, Power Generation and Financial Services sectors. He has held directorships in various JS Group companies.

Prior to this, Mr. Imran was an Investment Principal at JS Private Equity. He has also worked at Grant Thornton International as a Senior Manager leading various corporate finance, privatization and research assignments.

By qualification, he is a fellow member of Association of Chartered Certified Accountants, (ACCA) UK and holds a B.Sc. in Applied Accounting from Oxford Brooks University.

Mr. Munir Hassan Taher, FCCA, CFA
Vice Chairman

Munir Taher has over 15 years of combined professional experience in asset management, private equity and corporate finance. In 2007, he joined Global to assist in managing USD1bn of proprietary investments spread across various asset classes through out the region.

In 2009, he became part of a special task force to set up a USD1.5bn fund to facilitate Global’s first round of debt restructuring and subsequently played a key role in raising ~USD200mn in realization proceeds during the first year of the restructuring to service debt obligations.

He later played a similar role in the successful conclusion of Global’s USD1.7bn second and final round of restructuring in 2013 and co-led transformation of principle investments division into a new asset management business pillar with an AUM of USD500mn.

The Special Situations Asset Management applies a value driven divestment strategy through proactive roles in portfolio companies facilitating USD270mn in realization proceeds at exit multiples exceeding 1.6x to agreed target values.

Munir has represented on the board of several companies such as Al Razzi Holding (Kuwait), Emirates Retakaful (UAE), Saudi Yemeni Healthcare (Yemen), Bindar Trading (Jordan), CNBC Pakistan, CNBC Africa (South Africa), Murdoch University (UAE) and JS Global Capital (Pakistan).

He began his career in Kenya working for several large institutions in the corporate finance department.

He obtained his Fellowship from the Association of Chartered Accountants from UK in 2001 and became CFA charter holder in 2015.

MR. KHURSHID HADI, DIRECTOR


Mr. Hadi schooling was in the UK and later he graduated from the Institute of Chartered Accountants in England and Wales. Subsequently, he was admitted as a Fellow of that Institute as well as the Institute of Chartered Accountants of Pakistan.

Mr. Hadi is the Founder Partner of the accounting practice of Taseer Hadi Khalid & Co., which today is one of the largest accounting and consultancy institution in Pakistan. THK is the member firm of KPMG, the largest accounting firm in the world. Until 1977 Mr. Hadi was the Senior Operating Partner in Pakistan then he moved to Dubai to assume the responsibility of managing the joint practice of Peat Marwick Taseeer Hadi & Co. These firms have provided training, professional education and job and career opportunities to thousands of Pakistan and other South Asian professionals.

After ten years in the Middle East and the US, Mr. Hadi returned to Pakistan to launch a series of investments over the next 10 years in the fields of financial, industrial and commercial inter alia: First Leasing Corporation, Saitex Pharmaceuticals, Newsline Publications and the Pizza Hut and Nandos franchise concepts in the food area.

Mr. Hadi is currently the Chairman of the THK Technology group which comprises customized software development, CRM and Compliance services and HR management and systems, focusing on the financial and banking industries. Mr. Hadi serves on several boards in the public and private sectors.

Mr. Hadi periodically contributes to several national and international publications including Dawn, Newsline and has been published in the Int’l Herald Tribune, New York Times and the Boston Globe. Mr. Hadi was the correspondent for the Far Eastern Economic Review for several years.

"Unity is strength...
when there is
teamwork and collaboration,
wonderful things
can be achieved."
-Mattie J.T. Stepanek

MR. AMMAR T. HAJEYAH, DIRECTOR

Ammar has over 10 years of experience in Asset Management and Banking. He is currently Vice President of GCC Asset management in Global Investment House, managing GCC Asset Management Business. He joined Global in February 2005 as an Investment Analyst. Prior to Global, he worked in Gulf Bank - Kuwait as a senior customer service representative from 2002 to 2005. He holds MBA degree from Kuwait Maastricht Business School and a BSc degree in Business Administration (Finance) from Kuwait University.

Ammar is a member of the Board of Director of International Finance Company (IFC) – Kuwait. He is also the Chairperson of Safi Holding Company - Kuwait.



MR. MUHAMMAD KAMRAN NASIR, CEO

Mr. Nasir is a Fellow Chartered Certified Accountant who brings with himself rich experience of Investment Banking and handling complex financial matters. He has worked with a Leading Investment Bank as its Investment Banking Head. His Investment Banking experience ranges from advising companies on mergers, acquisitions, divestitures, debt raising and re-profiling, including taking companies public. Besides this, he has also held various senior level positions within the Financial Sector and Multinational companies including Chief Financial Officer. He has played an instrumental role in setting up and managing one of the largest Brokerage Divisions in his previous company that performed exceptionally well. He has also been associated with KPMG where he was primarily involved in audits of Financial Sector Institutions particularly Commercial Banks.

MR. ABDUL HAMID M. MIHREZ, CFA, DIRECTOR

Abdul Hamid brings over 12 years of experience in investment banking, asset management and capital markets. He is currently responsible for managing a portfolio of special situation assets worth USD 600 million which entails proactive management of the underlying positions, focusing on creating and enhancing the value and ensuring an orderly asset disposition. Abdul Hamid is a board member of a number of regional and international companies in the sectors of real estate, insurance, food, industrial and financial services.

During his career, he has led or co-led a number of investment banking transactions worth over USD 700 million covering valuations, financial advisory, mergers & acquisitions, capital raising, bond issuance, financial restructuring and listing assignments. Abdul Hamid started his career in the asset management field where he was a member of the management team of 2 mutual funds.

Mr. Khurram Shaikh - Director

Mr. Khurram Shaikh, has actively worked for financial inclusion, channel migration, payment channels, digital marketing, and channel management. He has over 13 years of experience contributing towards the digital revolution in the banking industry creating a financial eco-system to enable the masses to make cashless payments.

A pioneer, with two successful launches in the branchless banking portfolios including country’s first and largest service, ‘Easy Paisa’ and world’s first Islamic branchless banking service, ‘Meezan Upaisa’. Considered to be a “Change Agent”, Khurram Shaikh integrates financial needs while practically impacting the analytics and delivery of the solution.

EY Ford Rhodes Chartered Accountants, 6th Floor,
Progressive Plaza, Beaumont Road, Karachi 75530, Pakistan.

M/s Deloitte Yousuf Adil & Co. Chartered Accountants
(A member firm of Deloitte)
Cavish Court, A-35, Block 7 & 8
KCHSU, Shahrah-e-Faisal, Karachi

Bawaney & Partners
Ms. Lubna Saleem Pervez

JS Bank Limited

The Election of Directors was held on October 14, 2016 and seven directors were elected and fixed by the Board of Directors for a term of three years commencing from October 14, 2016. The next election of Directors will be held in 2019.

PROFILE OF CONTESTING CANDIDATES

PROXIES SUBMITTED

FORM OF PROXY

List of Shareholders