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Lakson Investments’ Board of Directors guides the overall philosophy and direction of the organization. Our board members are experienced professionals from diverse business sectors of domestic & international markets.
- Mr. Iqbal Ali Lakhani – Chairman
- Mr. Babar Ali Lakhani – Chief Executive Officer
- Mr. A. Aziz H. Ebrahim
- Mr. Mahomed J. Jaffer
- Mr. Sher Afgan Malik
- Mr. Muhammad Abdul Qadir
- Mr. Daniel Scott Smaller
- Mr. Zahid Zakiuddin
TopMr. Iqbal Ali Lakhani – Chairman
Mr. Lakhani has over 36 years of top management experience in group companies in finance, marketing, manufacturing industry and government relations. His special interests include Marketing, Finance, Total Quality Management and Reengineering. Mr. Lakhani is Chairman of the Corporate Boards of 5 Lakson companies which are listed on the stock exchanges of Karachi and Lahore. Mr. Lakhani was Chairman of the Cigarette Manufacturers Association of Pakistan, Agha Khan Economic Planning Board for Pakistan and Vice President of the American Business Council of Pakistan.
Mr. Lakhani received by B.A from the University of California – Berkeley. He was a member of the PSI-National Accounting fraternity; Honor Student’s Society, member of Phi Beta Kappa and received the departmental award for outstanding undergraduate achievement.
TopMr. Babar Ali Lakhani – Chief Executive Officer
Mr. Lakhani has over 12 years of investment and portfolio management experience in domestic and international equity and fixed income markets. Mr. Lakhani most recently served as the Chief Investment Officer of Century Insurance, a Public Limited Company listed on the Karachi and Lahore Stock Exchanges of Pakistan. He was an Investment Associate at High Street Advisors and a Research Analyst at Credit Suisse Equity Group (formerly Credit Suisse First Boston). Mr. Lakhani brings extensive investment experience, globally practiced portfolio management discipline, and a comprehensive understanding of the global asset management industry to Lakson Investments Limited.
Mr. Lakhani received his BA in Finance from Bentley College, and his MBA from Brandeis University.
Mr. Lakhani is the Chairman of Tritex Cotton Mills Ltd., a board member of the Mutual Fund Association of Pakistan (MUFAP), a member of the Global Association of Risk Professionals (GARP), the Society of Financial Service Professionals and the Young President's Organization (YPO). Mr. Lakhani is a member of the Alumni Trustee Committee of Brandeis University and is the school’s representative in Pakistan.
TopMr. A. Aziz H. Ebrahim
Mr. Ebrahim has over 35 years of varied experience in financial management in private industries in Pakistan. After qualifying Chartered Accountancy Examination, (at present fellow member of Institute of Chartered Accountant of Paskistan) Mr. Ebrahim started his career in 1967 as Finance Manager with ARAG Industries dealing in various businesses such as Pharmaceuticals, Cosmetics, Biscuits Manufacturing etc. He left the ARAG Group in 1977.
In 1977, Mr. Ebrahim joined Lakson Group of Companies. Mr. Ebrahim is as Director on Board in many Companies of the Group. He has been instrumental in running the Hassanali Karabhai Foundation providing educational, medical, and helping other social activities.
Mr. Mahomed J. Jaffer (Independent)
Mr. Jaffer offers over 50 years of far reaching professional experience in law and financial law and an intimate understanding of corporate Pakistan. Mr. Jaffer currently serves as Chairman – ICI Pakistan and has in the past been SECP nominee Director of the Karachi Stock Exchange.
Mr. Jaffer has authored several articles, including Arbitration Law in Pakistan 1980, Yearbook Commercial Arbitration; "Islamic Banking in Pakistan", Euromoney, 1988-1989; "Enforcement of Islamic Laws, Corporate Law and Related Topics", ICAP, International Construction Law Review, 1999 "Rupali Polyester Ltd v Dr. Nael G. Bunni and others" etc.
Mr. Jaffer is an alternate member, ICC International Court of Arbitration; Member, Advisory Board, Hongkong & Shanghai Banking Corporation, Karachi Branch; Member, Supreme Court Bar Association and Sindh High Court Bar Association; International Bar Association; Inter-Pacific Bar Association; LAWASIA; and a speaker at international legal conferences.
Practice areas of Mr. Jaffer include corporate law; banking and finance; insurance; arbitration; construction; foreign investment, international trade; anti-trust; mergers and acquisitions.
Mr. Jaffer received his B.A. (Mod) LL.B. in 1952 from University of Dublin, Trinity College and Barrister-at-Law in 1954 from Middle Temple, London.
Mr. Malik has over 40 years of general management and management accounting experience in both Pakistan and the Middle East. Mr. Malik initiated his career in Saudi Arabia with Tumpane Services Corporation, an American military contractor company, where he served as the Vice President of Finance, Contract Pricing, and Contract Negotiation and Finalization. He then served as the Chief Executive Officer for the Cement, Transport, Steel Fabrication and Tire Distribution Divisions of Rashed Abdul Rahman Al Rashed & Sons Group, a leading trading and industrial conglomerate in Saudi Arabia.
He has also served as a Managing Director for Pakistan International Airlines and as the President of the Institute of Cost & Management Accountants of Pakistan and was a director of the Karachi Stock Exchange. Mr. Malik holds a B.A. From Karachi University and is both an Associate and Fellow Member of the Institute of Cost & Management Accountants.
TopMr. Muhammad Abdul Qadir
Mr. Qadir is a fellow member of the Institute of Chartered Accountant of Pakistan. He did his Articleship from M/s. A.F. Ferguson & Co., who are one of the leading firms of Chartered Accountants with an international affiliation with Price Waterhouse & Coopers.
In addition to the training and exposure to the Financial Management at A.F. Ferguson & Co. Mr. Qadir has also attended a 3 month course at the International Centre for Advance Management in Italy and obtained a Diploma in MIS.
He has also attended advance management course held by the Pakistan Institute of Management at Muree. His work experience include Financial Management at Sui Southern Gas Company Ltd. where he served as G.M. Finance till 1983, and thereafter joined the Lakson Group of Companies where Mr. Qadir is presently serving as Director Finance / Chief Financial Officer of Colgate-Palmolive (Pakistan) Limited.
TopMr. Daniel Scott Smaller (Independent)
Mr. Smaller has over 25 years of relevant experience in the Financial Services Industry and has been involved in the Middle East and North Africa (MENA) region for over 20 years.
Prior to joining Algebra Capital, Daniel moved to Dubai 2 years ago to set up and manage Deutsche Bank's Asset Management business in the MENA region. Mr. Smaller worked for Deutsche Bank for the last 8 years in Hong Kong and London, where he was Head of Global Sales and also Head of Emerging Market Sales, respectively.
Mr. Smaller started his Financial Career in Bahrain in 1982 working for Citibank Treasury; he continued to work for Citibank in London, Zurich and Sydney from 1985-1989 in the fields of Equity, Debt, Mezzanine Finance and Private Equity. He has been active in Emerging Markets since 1989 when he took over as Head of Citibank's Asian Equity operation in London. In 1992 he initiated Lehman Brothers' Emerging Market effort in Equities and was the first to introduce Institutional Investors to the MENA region in 1993. He completed the first privatization in Morocco in that year and assisted in the development of the MENA equity markets throughout the early 1990's. In 1994 he moved to UBS to Head up Sales for EMEA and continued to be very active in the Middle East.
Mr. Smaller holds an undergraduate degree in Economics and International Relations from the School of International Service at American University in Washington DC and an MBA from the University of Chicago in International Finance.
TopMr. Zahid Zakiuddin (Independent)
Mr. Zakiuddin has over 30 years experience in corporate and investment banking.
He started his career in corporate banking with Bank of America in 1978, in Dublin and subsequently worked with them in London and Karachi.
Mr. Zakiuddin has spent most of his career with Investcorp Bank in Bahrain which he joined in 1987, soon after the Firm was established. Investcorp is a global alternative investments provider specializing in private equity, real estate and hedge funds. It has offices in London, New York and Bahrain with approximately 350 employees and $16 billion in assets under management. Mr. Zakiuddin’s initial position was as a Principal in the investment analysis and banking relationship group. In 1995, he was promoted to Managing Director, elected as a Member of the Management Committee and moved to the investment placement team. Within the placement team he served in various capacities including Chief of Staff and Head of the Institutional Placement group. His last position before his retirement in 2008 was as the Head of the Placement and Relationship Management team which was responsible for raising client funds totally $2.3 billion in 2007 and $3.5 billion in 2008.
Mr. Zakiuddin has served as an independent director of Stratus Computers and on the Board of many Investcorp companies including its hedge fund subsidiaries.
Mr. Zakiuddin has a B.A. in Economics from Columbia University and an MBA with double majors in Finance and Multinational Enterprise from The Wharton School of the University of Pennsylvania.
