Our Team

Mr. Waqar Ahmed Malik’s (Sitara-i-Imtiaz) corporate and business experience spans over 30 years across three continents. Mr Malik is a fellow of the Institute of Chartered Accountants in England and Wales and is also an alumnus of the Harvard Business School and INSEAD.

Earlier, his career with The ICI Plc Group based in the UK spanned over 27 years and then later with Akzo Nobel N.V. based in The Netherlands. He has also been the Chief Executive Officer of ICI Pakistan Limited and the Chief Executive Officer and Chairman of Lotte Pakistan Limited (formerly Pakistan PTA Limited). During his career with ICI and Akzo Nobel, he worked in Europe and Americas’ in Corporate Finance and Strategy.

Mr Waqar Ahmed Malik joined Fauji Foundation as Managing Director and Chief Executive Officer on 9th April 2020. Presently, he is serving as Chairman on the Boards of following Fauji Group Companies:-

• Mari Petroleum Company Ltd
• Askari Cement Ltd
• FFC Energy Ltd
• FFBL Power Company Ltd
• Fauji Fertilizer Company Ltd
• Fauji Akbar Portia Marine Terminal Ltd
• Foundation Wind Energy-I & II Ltd
• Foundation Solar Energy (Private) Ltd
• Fauji Fertilizer Bin Qasim Ltd
• Fauji Oil Terminal & Distribution Co Ltd
• Foundation Power Company Daharki Ltd
• Daharki Power Holdings Ltd
• Fauji Cement Company Ltd
• Fauji Trans Terminal Ltd
• Fauji Kabir Wala Power Company Ltd
• Fauji Fresh n Freeze Ltd
• Fauji Infraavest Foods Ltd
• Askari Bank Ltd

He is also Chairman of Pakistan Oxygen Limited (formally Linde Pakistan, a subsidiary of Linde AG) acquired by Adira Capital Holdings (Private) that he co-founded. Mr Malik is a non-executive Member of the Board of JAZZ Pakistan which is a subsidiary of Veon Limited, as well as non-executive Director of Rafhan Maize.

Earlier, Mr Malik also served on the following prestigious boards:-

• Engro Corporation Limited – Director (Non-Executive & Independent)
• Standard Chartered Bank Pakistan Limited – Director (Non-Executive & Independent)

He played an instrumental role in development of Pakistan’s Regulatory System as well as for the advocacy to undertake economic reforms. Earlier he served as:-

• Director – State Bank of Pakistan (Central Bank of Pakistan)
• President – Overseas Chamber of Commerce & Industry (OICCI)
• President – Management Association of Pakistan (MAP)
• Director – Pakistan Business Council (PBC)

Mr Malik is a member of the visiting faculty of Pakistan Institute of Corporate Governance, Former Member of Board of Governors of Lahore University of Management Science (LUMS) and Former Member of Board of Indus Valley School of Arts.

He participates actively in social and philanthropic activities through “I – Care” Foundation, as a Trustee, where he contributes to improve the quality of life of underprivileged by enhancing the level of philanthropic support.

A trustee of Duke of Edinburgh Trust Pakistan, he was awarded Prince of Wales Medal as a Trustee of the Prince of Wales Pakistan Recovery for the Flood Victims in 2010.

Arif started his professional career from Fauji Fertilizer Co (FFC) where he initially worked as Process Engineer in the Ammonia, Urea and Utilities plants. Later on he worked as Process Engineering In-charge, Operations Engineer-Ammonia and Ammonia DBN Commissioning Engineer. In mid-1994, his services were transferred to FJFC (now FFBL) project team. He worked at FJFC for about 3 years and was a part of the multidisciplinary team that developed the FJFC Project from inception to firm order placement. He led the engineering and improvement of the Ammonia Plant. For that project he remained in USA for about a year as Ammonia Plant Lead.

In 1996, he joined ICI Pakistan’s PTA Business, which was the first and is still the only PTA plant in Pakistan with new technology. He worked as the commissioning leader for the most complex, Oxidation Plant. Later on he led all the remaining sections of the PTA plant (Purification and Utilities) and took over as the first local Production Manager for the PTA Business in 2001. He also worked as Technical Services & DBN Manager and was appointed as Site Operations Manager in 2005, where he was responsible for Operations, Maintenance, Inspection and Materials Management.

In 2007 he joined the Fatima Group as Project Director and led the USD 750 Million Project from ground breaking till its commissioning. This was a green field project comprising of Ammonia, Urea, NP, CAN, Nitric Acid, Utilities and related facilities. One of the salient features of the job was that it was a self-managed EPC Project. Arif was engaged with dozens of international contractors directly and completed the project successfully in 2011. After the commissioning of the project Arif was appointed its Director Operations. In that role he brought the site to its full potential by a series of revamps that included the plants and organizational and systems improvement. As a result the production increased from 0.8 to 1,475 Million tons per year and the bottom line improved from -PKR 2.0 Billion to +10 Billion.

In July 2016 he was appointed Chief Manufacturing Officer, based at the Head Office in Lahore with responsibility for all aspects of manufacturing for the Fatima Group’s three Fertilizer Manufacturing facilities, Fatima Fertilizers, Sadiqabad; Pak Arab Fertilizer Company, Multan and Fatima Fertilizers, Lahore (Ex Dawood Hercules). He has responsibility for Operations, Costs, Budgets and People aspects for all Fertilizers. In addition he is also responsible for the Supply Chain Function for the entire group where he controls the budget of about USD 200 Million per year, growth, sustainability and strategy of the FG; Fertilizer Business.

Arif ur Rehman is currently Chief Executive Officer of Fauji Fertilizer Bin Qasim Limited, FFBL Power Company Limited, Fauji Meat Limited and on Board of Directors of Fauji Foods Limited and Askari Bank Limited.

Lt Col (R) Mubashar Adnan Dar, Commissioned on 1994 and joined 28 Cavalry (Hunters) at Multan. Joined FML as Company Secretary in Jul 2022. He holds Master degree in Art & Science of Warfare from Command & Staff College, Quetta and Master degree in Pol. Science from Islamia University Bahawalpur. He is graduate from Asia Pacific Centre for Security Studies (APCSS) Hawai, USA.

He has distinguished career of over 26 years in Pakistan Army, during which he served on various staff & Command appointments. In staff duties he has performed as Grade-3 (Int/Ops) of Independent Armour bridge Group, Grade-2 (Ops) in Armour Division, Grade-1 (Coord) JSHQ and Grade-1 (Trg) in a Corps Headquarters. He has commanded Pakistan Rangers Wing (Sind) deployed at border area of Thar desert and has an honor to command his own parent Regt 28 Cavalry (Hunters). Officer has served as Military observer in United Nation Mission in Georgia.

Before joining FML, Lt. Col (R) Mubashar Adnan Dar was working with Raviana Pakistan Pvt Limited as Consultant where he remained engaged with foreign origin companies for the period of 2xyears.

Mr. Aatif Nadeer experience spans over two decades pertaining to project, business  and facility management in Chemical & Foods Sectors.

He was graduated from University of Engineering & Technology – Lahore in the discipline of Mechanical Engineering and has been serving Fauji Group since then.

Earlier, he served as COO at Fauji Foods – a dairy company famous with its brand ‘Nurpur’. He had played a key role in the transformation project, while re-positioning its products, launching new brands and sales increase to multifold.

He started his career from Fauji Fertilizer and moved to Fauji Fertilizer Bin Qasim to become part of the founding team responsible for engineering and contractual matters of the complex.  He was also a lead member of the team responsible for capacity enhancement & energy improvement of 1965 vintage relocated Ammonia plant.

MBA – SCM

Industry Experience (after retirement) 8 years (public & private sector)

Remained in FFBL from 2017 to 2020 and since then in FML to date.

Sarfaraz, a chartered accountant by qualification, has contributed management expertise to several multinational companies such as Unilever, SB (GSK), Jardine Matheson / Olayan JV and PepsiCo during his varied career.

In 2005, Sarfaraz established Engro Foods as its CEO. The company grew from a green-field to become the leading liquid dairy company in Pakistan. Engro Foods became the only Pakistani company to receive the ‘G20 Top 15 Company’ award. In 2012, he took a sabbatical from Engro Foods to establish the Karachi School for Business and Leadership. Sarfaraz rejoined Engro Foods as CEO in 2013, where he remained till 2015. Engro Foods sold 50% of its shares to Royal Friesland Campina for half a billion dollars in 2015. At the time this was the biggest private foreign investment in Pakistan’s history.

Since Oct 2015, he has been involved in consultancy projects, among others with ICI, IBL, JSPE, Shan Foods, Al-Shaheer (Meat One), Soya Supreme, Burque Corp, CCL and ITL.

Sarfaraz was contracted to Grant Thornton for 2016-17 as an executive coach during a culture change project at UBL. He conducts a well-established coaching / mentoring role, with business executives and university graduates. Sarfaraz has coached for Careem, Gatron-Novatex, Engro, ICI, Descon, PPL, UBL and City School.

Sarfaraz was Chairman of the Broadcasters / Advertisers Council 2015-18 (joint body controlling advertising in Pakistan). Further, he was the Chairman of the 1st Effie Awards in Pakistan, in 2019. He is also on the Board of MAP and Patient Aid Foundation.

Additionally, Sarfaraz speaks at various forums. He has given motivational talks at Laye’s, Mondelez, Nutrico, RB, Engro, Octara, ICI, Shell, MAP etc. At universities, colleges, schools and on media occasions he holds climate change talks / sessions to create awareness.

Sarfaraz is deeply interested in playing his part in giving back to society and has worked on an online interactive education model for mass education, to resolve the issue of literacy in Pakistan over the next decade. In the past he was associated with Shaukat Khanum Hospital as a Board of Governor and with WWF as a Director. He is also associated with Hisaar Foundation and its work on water / environmental issues in Pakistan.

Mr. Sarfaraz Ahmed Rehman is appointed as Chairman of the company with effect from 16 October, 2021.

Dr Nadeem Inayat holds Doctorate in Economics and has over 37 years of diversified experience in the corporate sector with a focus on corporate governance, policy formulation, project appraisal, implementation, monitoring & evaluation, restructuring, mergers and acquisitions. He has conducted various academic courses on Economics, International Trade and Finance at reputable institutions of higher education in Pakistan. He is a member of Pakistan Institute of Development Economics (PIDE).

He is on the Boards of following entities:

Public Listed Companies

• Fauji Fertilizer Company Ltd
• Fauji Fertilizer Bin Qasim Ltd
• Askari Bank Ltd
• Mari Petroleum Company Ltd
• Fauji Foods Ltd
• Hub Power Company Ltd
• Fauji Cement Company Ltd

Non-Listed Companies

• Pakistan Maroc Phosphore, S.A Morocco
• Fauji Oil Terminal & Distribution Company Ltd
• Fauji Trans Terminal Ltd
• FFBL Power Company Ltd
• Fauji Meat Ltd
• Fauji Akbar Portia Marine Terminals Ltd
• Fauji Infraavest Foods Ltd
• Fauji Kabirwala Power Company Ltd
• Foundation Power Company Daharki Ltd
• Daharki Power Holding Ltd
• Fauji Fresh n Freeze Ltd
• Askari Cement Ltd
• Foundation Wind Energy-I Ltd
• Foundation Wind Energy-II Ltd

Mr Kazmi is a fellow chartered accountant with over 35 years of experience in a diverse range of sectoral and functional strata within national and regional economies. The key areas of his specialization are fiscal policy and macroeconomic research, greenfield and brownfield projects, strategic collaborations, mergers and acquisitions, outliers in accounting and finance, strategic level audit and assurance and tax reforms and strategic level advisory.

Mr Kazmi served KPMG for 35 years; last 25 years as a partner. As a partner he interacted with the leadership in almost every industry, understanding their vision, their insights, and most importantly on their business strategies. His rigorous exposure to a diverse range of sectors and projects, enabled him to conceive and culminate strategic value additions for his clients, pertaining to public and private sector organizations. He successfully implemented a comprehensive service delivery framework that ensures quality assured service provision to KPMG’s clients, and a cross-functional integration with the advisory and taxation services that allowed a robust and comprehensive service delivery package to the clients. As an auditor and an advisor, Mr Kazmi successfully delivered his promise of providing best-in-class and integrity driven services. With his career progression, he branched into macroeconomic research with a focus on contributing towards fiscal and regulatory policies of Pakistan. He almost single handedly established advisory practice of KPMG in Islamabad about 2 decades ago which today arguably is the go to advisory in Islamabad. This initiative covered financial projections, feasibilities, information memorandums, internal audit assessments, HR assessments, manuals for processes and controls, valuations, and development advisory which included an assessment of the Punjab and Sindh governments.

Mr Bakhtiyar Kazmi has served on a number of diverse forums / boards in the Private Sector, Public Sector & Civil Society Organization. As a thinker, he actively spreads his thoughts and ideas through his articles on national economics, business and taxation matters and issues, regularly published in reputable dailies. Mr Kazmi is an avid golfer and currently hold the position of captain of Islamabad golf club.

He is also on Board of following entities:

Mr Ali joined Fauji Fertilizer Company in April 2022 as Chief Financial Officer and holds Directorship
on the Boards of:

• Foundation Wind Energy I & II Limited
• Thar Energy Limited
• Food Security and Agricultural Center of Excellence
• Trustee on Sona Welfare Foundation

A Chartered Accountant by profession, he started his career as a trainee from KPMG Lahore in 2003. He is a fellow member of, The Institute of Chartered Accountant of Pakistan (ICAP) and Association of Chartered Certified Accountant (ACCA, UK). During his career span of over 19 years he has worked with multinational companies like Tetra Pak and ICI Pakistan in diverse local & regional roles.

Mr Ali has vast experience in Finance, Cost Transformation, Supply Chain Management, Administration, Internal Controls, Budgeting & Forward Planning, Formulating & Implementing strategy and Project Appraisals.

He has successfully achieved Organization Transformation with a focus to improve organizational efficiency by realigning processes, creating synergies and optimizing resources and Working Capital Improvement projects.

Mr Ali has also undergone various professional trainings on Leadership, Leading & Managing Change, Leading Successful Teams & Employee Engagement, Lean Six Sigma from LUMS, GEM Learning and INSEAD.

In March 1987, Brigadier Aamir Hussain Mirza received his appointment in the Pakistani Army. Over the course of his 31 years of service, he held a number of command, staff, and teaching positions. Command of an Air Defense Brigade, Chief of Staff at the National Defense University, Director in the Doctrine and Evaluation Directorate at General Headquarters, Grade 1 (Operation) Staff Officer in the Military Operations Directorate and an Infantry Division, Col Staff of an Infantry Division, and Deputy Senior Liaison Officer in CENTCOM Florida, USA, are a few important assignments. He also worked as an operations officer for the UN mission in Somalia.

He received a Masters Degree from NDU Islamabad and the Nasser Higher Military Academy in Cairo,
Egypt, and is a graduate of the Command and Staff College in Quetta.

For his commendable contribution during “Earthquake 2005”; the President and Prime Minister of
Pakistan have given him a SI(M) as well as a Commendation Certificate.

He retired in September 2018 and worked as President NDU’s advisor for a year before joining FFBL as
the company secretary in December 2019. He has been the Fauji Foundation’s secretary of
administration since the first of January 2022.

(Profile Awaited)