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PROFILE OF BOARD OF DIRECTORS


Mr. Syed Hasan Akbar Kazmi - CHAIRMAN

Mr. Syed Hasan Akbar Kazmi is a Director in JS Group. Mr. Syed Hasan Akbar Kazmi has a Private Equity, Investment Banking and Corporate Finance background with experience across diverse sectors including Steel, Glass, Power, Oil & Gas, Fertilizer, Cement, Sugar, Chemicals, Infrastructure & Ports, Advertising, Transportation, Financial sector and others.

He has served in the JS Group under various capacities for over 12 years including senior positions in the Private Equity Group, Corporate & Investment Banking Group and Principal Finance Office. Prior to JS Group, Mr. Syed Hasan Akbar Kazmi worked as the Group Head of Investment Planning and Monitoring (equivalent to CIO) for Army Welfare Trust (‘’Askari Group’’), which is one of the two largest conglomerates in Pakistan and as an Investment Manager at ‘’Fauji Foundation’’, one of the other large conglomerates in Pakistan. Prior to investment management for these organizations, he worked at London and Scottish Marine Oil Company (LASMO, now ENI S.p.A.) and Citibank N.A in Pakistan.

Mr. Syed Hasan Akbar Kazmi has held several Board of Directors positions in various listed and unlisted companies including Ghani Glass Limited, Lucky Cement Limited, Dadex Eternet Limited, Capital Asset Leasing Corporation Limited, Hascol Limited, Optimus Limited and others.

Mr. Syed Hasan Akbar Kazmi graduated from the Institute of Business Administration (‘’IBA’’) Karachi with an MBA and also has a Masters in Economics from the University of Karachi.



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 President

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. Muhammad Khalil Ur Rehman - Director

Mr. Muhammad Khalil ur Rehman is a senior executive at JS Bank Limited with over 43 years of diversified experience in banking (operations, Risk and reengineering). He has been associated with American Express Bank since 1993 and has held various senior positions in Operations and credit administration in different cities.

Prior to this, he has worked at Mashreq Bank Limited and United Bank Limited. Mr.Rehman is a Certified Business Process Reengineer from the United States and is also a Diploma Associate of the Institute of Bankers in Pakistan. He is certified Director from Pakistan Institute of Corporate Governance.

Mr. Rehman received his Bachelors (Hons) in Commerce from the University of Punjab and completed his Masters in Commerce from Hailey College of Commerce.

Ernst & Young Ford Rhodes Sidat Hyder, Chartered Accountants
Progressive Plaza, Beaumont Road,
Karachi

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