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Board of Directors

Mr. Ali Raza D. Habib - Chairman

Born in Bombay in 1942, Mr. Ali Raza D. Habib, is presently serving as the Managing Director & Chief Executive Officer of Habib Insurance Company Limited. He is the Chairman of Bank AL Habib Limited and Habib Asset Management Limited. He is also on the Board of Habib Sugar Mills Limited.

His early training programme within the family group required of him to spend a short but adequate amount of time with Habib Bank Limited.  He then went on to establish his career with Habib Insurance Company Limited as a young officer rising to become the Deputy General Manager of the Company. During this period of 13 years, he also served on the Fire & Marine Committee and in 1968 was appointed to the Central Committee, the governing body of the Insurance Association of Pakistan.

In 1969, Mr. Habib took up an assignment with Ali Asghar Textile Mills Limited, one of the three textile spinning units set up by the group in the Korangi Industrial Area of Karachi. These mills were later devastated by the unprecedented disaster of floods in 1977.

Mr. Habib then established in 1979 of the Fabric Division of Habib Sugar Mills Limited, which even today has a high reputation on the exports of quality household textiles.

In 1980, he set up Season & Styles Limited, a garment manufacturing unit, which at first branded firmly in the domestic market and a short while later advanced to secure sizeable export orders in the lucrative European markets.

In 1984, Mr. Habib was requested by the group to proceed to London and take charge of Habib & Sons Limited, the parent group trading company which had recently acquired a UK license for commercial activities. Around that time Habibsons Bank Limited, a UK registered bank was granted a license from Bank of England and Mr. Habib was given a position on the prestigious Board of Directors.

He returned to Pakistan in 1993 and soon after at the request of the Board of Habib Insurance Company Limited took charge as Managing Director and Chief Executive Officer, a position he continues to retain.

Mr. Imran Azim - Chief Executive

Mr. Imran Azim is MBA in finance and has more than two decades of experience in Mutual Fund Industry. He served NIT from 1977 to 1998 where he worked in almost all the departments including Investment, Marketing, Business Development and Accounts. After leaving NIT he joined Khalid Majid Hussain Rehman, a Chartered Accountants firm and later on joined Universal Insurance Company Limited. Prior to joining Habib Asset Management Limited he was Chief Executive of Haroon Oils Limited.

Mr. Mansoor Ali - Director

Mr. Mansoor Ali is presently working with Bank AL Habib Limited as General Manager. He is an MBA and has more than 20 years banking experience.

Vice Admiral (R) KHALID M.MIR - Director

He was commissioned from the British Royal Academy Dartmouth, UK in 1961 and was awarded the Queens Sword of Honour. In his distinguished naval career of 39 years, he served as Commander Pakistan Fleet, Commander Karachi and Deputy Chief of Naval Staff. He also served as Managing Director Karachi Shipyard (KSEW), Chairman and Chief Executive of Karachi Port Trust (KPT) and Chairman Karachi Dock Labour Board (KLDB). His last appointment was ambassador of Pakistan to Lebanon and Cyprus. He is currently the President of IDA RIEU which is a Welfare Association for providing education to Blind and Deaf children and is also Vice Chairman of Karachi Council of Foreign Relations (KCFR). He has been awarded Tamgha-e-Imtiaz, Sitara-e-Basalat and Hilal-e-Imtiaz in service for the country.

Mr. Liaqat H Merchant  S.I. - Director

Mr. Liaquat H Merchant is a lawyer by profession who qualified in Bombay (India) and has been practicing law since 1964. He is a barrister from Gray’s Inn and has the distinction of being one of Pakistan’s reputed civil lawyers. Liaquat Merchant is the grandson of Jinnah’s sister Mariambai who lived in Bombay. Mr. Merchant was appointed as Administrator of the Estate of Quaid-i-Azam Mohammad Ali Jinnah by the High Court of Sindh at Karachi in 1980 and was also appointed as a Trustee of the Quaid-i-Azam Aligarh Education Trust by the same High Court in 1984. Liaquat Merchant is the Founder and Managing Trustee of the Jinnah Foundation (a registered charitable trust which renders services to the poor, needy and deserving sections of society in the field of human development (education and health)) as well as the Founder President of the Jinnah Society which was established by him to propagate the principles, ideals and vision of Quaid-i-Azam Mohammad Ali Jinnah as a nation building exercise. Liaquat Merchant is a former Deputy Attorney General for Pakistan and has established a large number of trusts and other non-governmental organizations in Pakistan on which he serves as a member. Education and health are his passion and social service takes up a large part of his time. Liaquat Merchant has responsible for various publications on Jinnah including Jinnah a Judicial Verdict, The Jinnah Anthology, M. A. Jinnah CD ROM Project, Quotes from the Quaid and Quaid-i-Azam Nay Farmaya (Urdu translation of Quotes from the Quaid). In recognition of the services rendered by Liaquat Merchant in the field of education and health and propagation of the ideals, principles and vision of Quaid-i-Azam Mohammad Ali Jinnah by his various publications and for establishing and managing various Jinnah related institutions involving public services, the President of Pakistan conferred Sitara-i-Imtiaz on him in the year 2008. Liaquat Merchant is the founder and Managing Partner of Liaquat Merchant Associates (LMA) a reputed law firm specializing in Banking, Finance, Insurance, Company Law, Corporate Consultancy, Merger and Acquisitions and Capital Markets. The firm has extensive local and foreign affiliations with other law practices.