Chairman, Non-Executive Director
CEO/MD, Executive Director
Mr. Rehan Laiq joined Fauji Foundation in October 2018 as Additional Director Finance. He is a qualified Chartered Accountant (FCA) with over 22 years of proven track record in developing business strategies, delivering results, developing organizational capability of infrastructure and acquisitions.
Mr. Rehan Laiq started his career with Price Waterhouse Coopers in 1989, and held senior management positions in the fields of Finance Management with M/S Mobilink, M/S Schlumberger and OGDCL as Executive Director (Finance). He carries vast international experience of Financial Management at a senior level in his career with Schlumberger in multiple countries of Middle East, Asia, Russia and North America.
He brings with him diverse experience of policy Compliance, Management Reporting, External and Internal transformation (e.g optimum utilization resources for the business) and Analytical Business support to ensure profit maximization.
- Fauji Cement Company Limited
Young educated confident dynamic, enthusiastic, and self motivated person to take entrepreneurial challenges easily. Key Areas of Effectiveness are Senior Level Management Operations, Financial Planning (Budgetary & Analysis), Strategic Financial Operations, Marketing Techniques, Product Pricing, Trading, HR Management, International Economic Structures, Procurement, Leadership Roles, Communication, Implementation of Information Technology, Implementation of ISO 9002, Yarn Sales, Setting of New Spinning Unit, Selection of Machinery for Spinning and weaving etc. etc.
- Fauji Cement Company Limited
Zafar Iqbal Sobani brings with him over 40 years’ of experience of working in the manufacturing, power sector and audit profession in Pakistan and in the Middle East. Currently he is engaged in the finance, business and power sector consultancy and he is also a business entrepreneur. He is serving as a Board Member of Privatization Commission since January 2014 and has actively contributed in the Privatization transactions carried during this period which included spade work on PSE and Energy sector. In addition, he is on the Board of TRG (Pakistan) Limited, Primus Leasing Limited – subsidiary of Brunei Investment Company Limited, IT Minds – a subsidiary of Central Depository Company AGP Pakistan Limited and Hardon Solar – Developer of Solar solutions. He is also a Chairman of ICAP Audit Committee.
During his career, he worked for two years with House of Habib between 2013 and 2015 in the areas of New Project Development and Real Estate Management. He has rich exposure to the power sector industry in the country along with strong relationship with all the major stake holders. His experience includes leading the power sector of the Country as CEO of Hubco Pakistan with three IPP based power project between 2011 and 2013 and CEO of Liberty Power Tech 200 MW IPP based power project between 2008 and 2011.
Majority of his career was spent with Century Paper & Board, a part of Lakson Group, between 1990 and 2008 in the areas of finance, arranging project funding for large size projects treasury, costing and supply chain. In addition was responsible for overall coordination of the Finance Department of the group. He also worked with Pakistan Oxygen Limited between 1985 and 1990 in the core finance functions.
He has been the President of Institute of Chartered Accountants of Pakistan (ICAP) and served actively in council and regional committee in various capacities. He also remained Chairman of Quality Control Board for nine years and was entrusted with the objective of overseeing the quality of audit assurance work in Pakistan. He also remained Member of the managing committees of Overseas Investors Chamber of Commerce and Industry. He was the Sponsor Director of Pakistan Institute of Corporate Governance in year 2004 and 2005 and has Certification as a trainer of Corporate Governance by IFC.
He obtained qualification of Chartered Accountancy and Cost & Management Accountancy in the early eighties from Pakistan. He worked with A.F. Ferguson (PWC) in Pakistan and Ernst and Young, Saudi Arabia.
He is Independent Director of Board Fauji Cement Company and Chairman of Human Resource and Remuneration Committee.
Ms Jahanara Sajjad Ahmad, FCA is a fellow member of the Institute of Chartered Accountants of Pakistan. She has over 16 years of post-qualification experience in finance, audit, capital markets, Islamic finance and corporate governance.
Currently, Jahanara is the Executive Director Corporate Governance and Group Financial Advisor to the Bibojee Group of Companies. Previously she has worked in the UAE in the field of Corporate Governance with Dubai Parks and Resorts PJSC and Hawkamah, the Institute of Corporate Governance, based in Dubai International Financial Centre. At Dubai Parks, Jahanara lead the process of the Company’s participation in the 2016 Ethical board room Corporate Governance Awards, which Dubai Parks won and helped position the Company as the market leader in terms of governance frameworks and practices.
At Hawkamah, Jahanara provided consultancy to various GCC Companies, including State Owned Companies and Islamic Banks, and assisted them in setting up their Corporate Governance frameworks and practices in accordance with international best practice. She developed the Middle East’s first Code of Corporate Governance for the Dubai Real Estate Developers. Jahanara was driving Hawkamah’s Task Forces on Corporate Governance of State Owned Enterprises, Islamic Banks and Insolvency and Debtor Creditor Rights systems and implementation of the policy recommendations culminating out of the work of the Task Forces throughout the MENA region.
Prior to joining Hawkamah, she was Director Securities Market Division at the Securities and Exchange Commission of Pakistan where she was responsible for regulating the primary capital market of Pakistan, ensuring adequate disclosures in the prospectuses of companies proposing to be listed on the Pakistan and the International Stock Exchanges, licensing of Special Purpose Vehicles, monitoring the implementation of the Takeovers and Acquisition Law. Jahanara was the Chairperson of the working group established for the Development of Debt Capital Market of Pakistan and has represented the SECP at Board Meetings of the Privatization Commission.
Jahanara has also worked with Morison Stoneham Chartered Accountants in London (now known as the Tenon Group Plc). Jahanara is an IFC certified trainer on Corporate Governance and has been invited to speak on Corporate Governance both regionally and internationally. She is the Co-Author of the Chapter on “The Arab Spring emphasizes better corporate governance of state-owned enterprises”, published by the OECD.
Jahanara has also served on the Board of Linde Pakistan Ltd as a Non-Executive Director (NIT Nominee Director) from January 2017 till the change of control of the Company in January 2018
Major General Wasim Sadiq, HI(M), (Retd) was commissioned in Pakistan Army in October 1979 in Baloch Regiment. The General Officer has a vast experience of Command, staff and instructional appointments during a career spanning over 36 years. A graduate of National Defence University beside Turkish War Academy, Islamabad, he has the honour to command the only Strike Division of Pakistan Army. Has commanded a Logistics Area too and served as Vice Chief of Logistics Staff in General Headquarters.
The General Officer holds a masters degree in War Studies. In recognition of his meritorious services he was awarded Hilal-e-Imtiaz (Military).
- Fauji Cement Company Limited
Brigadier Riaz Ahmed Gondal, SI(M), (Retired) is serving as company Secretary Fauji Cement Company Limited since 27 June 2018. He was commissioned as an Army officer in 1985 in Frontier Force Regiment. He attended a Company Commander Course from Germany in 1992/93. He is a graduate of Command & Staff College Quetta and National Defence University Islamabad. During his 32 years of military career, he remained employed on various command, staff and instructional assignments. He served as United Nations Military Observer in Sierra Leone for one year. He remained as a faculty member of School of Infantry & Tactics Quetta, Command & Staff College Quetta and Joint Command & Staff College Sudan. He commanded a Brigade in the South Waziristan Agency for 2 years. As a Brigadier, he remained employed as Chief Instructor in School of Infantry and Tactics Quetta besides serving as Director General National University of Modern Languages Islamabad. He holds a diploma in German language from National University of Modern Languages Islamabad.