Board of Directors

Mr. Mustapha A. Chinoy

Director Since: February 23rd, 1998
Chairman Since:
September 30th, 2016
Non-Executive Director

Mr. Mustapha A. Chinoy holds a B.Sc. in Economics from Wharton School of Finance, University of Pennsylvania, USA and has majored in Industrial Management and Marketing. Thereafter, he served as Marketing Manager at International Industries Limited. He is currently the Chairman of International Industries Limited and Pakistan Cables Limited and a director on the Board of Crea8ive Bench (Private) Limited, Global E-Commerce Services (Private) Limited, Global Reservation (Private) Limited, Travel Solutions (Private) Limited, Binary Vibes (Private) Limited, Trave Tech Solutions, Bridge Vue Solutions DMCC, Global Travel Services Limited, BVI and TSL (Private) Limited. He is the Chief Executive Officer of Intermark (Private) Limited. He has previously served on the Board of Union Bank Limited until it was acquired by Standard Chartered Bank

Mr. Kamal A. Chinoy

Director Since: February 6th, 1984
Non-Executive Director

Mr. Kamal A. Chinoy is a graduate of the Wharton School, University of Pennsylvania, USA. He is a consummate professional with over 45 years of business experience and many corporate laurels to his name. He is the senior-most Director of IIL, having been appointed in 1984 and started his career with the Company in 1980. He has also served as CEO of International Industries Ltd. He has extensive experience in the corporate and management world, having served successfully as CEO of Pakistan Cables for 27 years, while also having served on the Boards of many public listed companies, including Askari Bank Limited, Atlas Insurance Ltd, Atlas Power Limited, First International Investment Bank, ICI Pakistan Limited, NBP Fund Management Limited and Pakistan Security Printing Corporation.

He has been Chairman of the Aga Khan Foundation (Pakistan) and a Director of Pakistan Centre of Philanthropy. He has also served on the Undergraduate Admissions Committee of the Aga Khan University, the University of Pennsylvania Alumni Committee for Pakistan and on the Board of Governors of Army Burn Hall Institutions. Mr. Kamal A. Chinoy is a member of the Executive Committee of the International Chamber of Commerce (ICC) Pakistan and is a past president of the Management Association of Pakistan (MAP).

He is the current Chairman of Jubilee Life Insurance Company Ltd and IIL Americas Inc., a Director at Pakistan Cables Ltd., IIL Australia Pty Ltd. and IIL Construction Solutions (Pvt.) Ltd. and the Honorary Consul General for Cyprus in Sindh & Baluchistan.

Mr. Adnan Afridi

Director Since: February 18th, 2019
Independent Director

Mr. Adnan Afridi is, at present, Managing Director – National Investment Trust Limited.

Mr. Afridi has over 25 years of international experience in change management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and start-up situations. He has led a distinguished career in financial services and capital markets including serving as Managing Director of Karachi Stock Exchange, CEO of Overseas Chamber of Commerce and Industry (OICCI), Chairman of National Clearing Corporation of Pakistan (NCCPL) and Board of Directors of Central Depository Company (CDC). Mr. Afridi has also served on multiple listed company boards including Silk Bank Limited and Gul Ahmed Textile Mills Limited. Currently, Mr. Afridi is a Member of the SECP Policy Board. Mr. Afridi has a degree in Economics (A.B, Magna Cum Laude, 1992) from Harvard University and a degree in Corporate Law (JD, Magna Cum Laude in 1995) from Harvard Law School. Mr. Afridi is an active supporter of charitable organizations. He has served as the President of the Old Grammarians Society & Trust and is currently Vice Chairman of the Board of Governors of the Kidney Center. He is also a Member of YPO Pakistan since 2008.

Mr. Asif Jooma

Director Since: March 16th, 2021
Independent Director

Mr. Asif Jooma started his career in the corporate sector with ICI Pakistan Limited in 1983 and has over 35 years of extensive experience in senior commercial and leadership roles. Following his early years with ICI Pakistan Limited and subsequently Pakistan PTA Limited, he was appointed Managing Director of Abbott Laboratories Pakistan Limited in 2007. After serving there for nearly six years, he returned to ICI Pakistan Limited as Chief Executive in February 2013.

Mr. Jooma has previously served as President of the American Business Council, President of the Overseas Investors Chamber of Commerce and Industry (OICCI) and Chairman of the Pharma Bureau. He has also served as a Director of NIB Bank Limited, Engro Fertilisers Limited and Director and Member Executive Committee of the Board of Investment (BOI) – Government of Pakistan. Mr. Jooma currently serves on the Board of National Bank of Pakistan, Systems Limited and Pakistan Tobacco Company Ltd. and is the Chief Executive of NutriCo Morinaga (Private) Limited. He is on the Board of Governors of the Lahore University of Management Sciences (LUMS) and is a Trustee of the Duke of Edinburgh’s Awards Programme whilst previously also serving on the Board of Indus Valley School of Art and Architecture (IVSAA). Mr. Jooma graduated cum laude from Boston University with a Bachelor of Arts in Development Economics. He has attended Executive Development Programmes at INSEAD and Harvard Business School.

Mr. Azam Faruque

Director Since: November 26th, 2009
Non-Executive Director

Mr. Azam Faruque is the Chief Executive Officer of Cherat Cement Company Limited, a Ghulam Faruque Group (GFG) company. He holds a graduate degree in Electrical Engineering and Computer Science from Princeton University, USA and also possesses an MBA (High Honors) from the University of Chicago Booth School of Business, USA. He has spent 30 years in the cement industry and other GFG businesses. He has served as a member on the boards of Privatization Commission of the Government of Pakistan, National Bank of Pakistan and Oil and Gas Development Corporation Limited. He has also served as a member of the Board of Governors of GIK Institute and was a member of the National Commission of Science and Annual Report 2021 89 Technology. Currently, he is a director of Atlas Battery Limited, Faruque (Private) Limited, Greaves Pakistan (Private) Limited, Indus Motors Company Limited, Unicol Limited, Habib University Foundation and State Bank of Pakistan.

Mr. Jehangir Shah

Director Since: September 30th, 2016
Independent Director

Mr. Jehangir Shah has over forty years experience in commercial banking, private & personal banking and leasing. He has had overseas work experience in UAE, Egypt and Brazil. Prior to joining Pak Oman Investment Company as Deputy Managing Director in 2008, Mr. Shah served as Country Manager-Pakistan of Oman International Bank SAOG and as Managing Director and CEO of Capital Assets Leasing Corporation Limited (Calcorp). His former employments include those of Executive Director at Pak Gulf Leasing Company Limited, Habib Credit and Exchange Bank and Bank of Credit and Commerce International. Mr. Shah also looks after the Investment Banking Division at Pak Oman. Mr. Shah is also a Director of Pak Oman Asset Management Company Limited.

Mr. Mansur Khan

Director Since: September 30th, 2019
Independent Director

Mr. Mansur Khan has over 25 years of diversified experience and a proven track record in Development/ Commercial/Investment Banking. He has a Masters in Business Administration (with distinction) from Pace University, New York, USA majoring in Financial Management.

Mr. Khan has served as President / CEO of Zarai Taraqiati Bank Limited (ZTBL), SME (small and Medium Enterprises) Bank Limited, Managing Director of Pak Kuwait Investment Company for over 30 years, Punjab Small Industries Corporation (PSIC) and the Sudanese Microfinance Development facility (SMDF). He has international experience of working in Asia, Africa, USA, Europe and the Middle East. Prior to joining Pak Kuwait as Managing Director, he was associated with Weidemann Associates Inc, a Crown Agents USA company. Mr. Khan was a Fighter Pilot in the Pakistan Air Force from 1970 to 1978.

He held directorship in The General Tyre And Rubber Company of Pakistan Limited, Sudanese Microfinance Development Facility, Zarai Taraqiati Bank Limited, National Commodity Exchange Limited, Saudi Pak Agricultural and Investment Company Limited, National Database and Registration Authority, Kissan Support Services Limited, SME Bank Limited, SME Leasing Limited, TMT Venture Capital Fund, Small and Medium Enterprise Development Authority, Business Competitiveness/Support Funds and Punjab Small Industries Corporation. He is also a certified director from Pakistan Institute of Corporate Governance

Mr. Riyaz T. Chinoy

Director Since: August 30th, 2007
Non-Executive Director

Mr. Riyaz T. Chinoy obtained a B.Sc. in Industrial Engineering from Case Western Reserve University, USA. He is Professional Engineer, a certified ISO 9001 Lead Auditor and a certified director from the Pakistan Institute of Corporate Governance.

His last assignment was with International Industries Limited (IIL), where he served for 28 years in key management positions, including CEO of the Company from August 2011 until February 2021. He has had extensive industrial management experience in steel processing industries. He led IIL through the most profitable decade in its history. The Company under his leadership diversified from a small diameter steel pipe producer into a manufacturer of a complete range of polymer pipes and fittings, large diameter steel and polymer pipes and construction-solution related pipes and fittings. Under his leadership, IIL expanded its export footprint to 60 countries and also began profitable international operations through wholly owned subsidiaries in Australia and Canada and won numerous local and international awards that acknowledged the management and its performance.

Mr. Riyaz Chinoy is currently a Non-Executive Director on the Boards of International Industries Limited, Indus Motor Company, New Jubilee Insurance Company, Packages Convertors Ltd., Bulleh Shah Packaging (Private) Limited and the Management Association of Pakistan. He also serves as a Director on the Citizens Foundation and Trustee of Patrons of Expo 2020 Trust, The Water Foundation and the Citizens Trust Against Crime. He has also served as the Chairman of the Pakistan Institute of Corporate Governance, IIL Australia Pty Ltd and IIL Americas Inc. and a Director on the Board of International Steels Ltd. and Dadex Eternit Ltd

Mrs. Saadia Shireen Rashid

Director Since: September 30th, 2019
Non-Executive Director

Mrs. Saadia Shireen Rashid holds a degree from Ecole Miramonte, Montreux, Switzerland. She has served as a Director at Lahore College of Arts and Sciences (LCAS) where, apart from general management of the college, her primary responsibility included managing the institution’s Finance & Accounts department. She previously also held Directorship in Kashmir Edible Oils Limited (public quoted company) for a period of nearly ten years.

In pursuit of her philanthropic aims, she became the founding member of Charity Unlimited, Lahore providing relief to natural disaster victims, thalassemia patients and furthering education and vocational training.

Mr. Sohail R. Bhojani

Chief Executive Officer
Since: May 1st, 2021

Mr. Sohail Bhojani is a Chartered Accountant and a Fellow Member of the Institute of Chartered Accountants in England & Wales (ICAEW) and the Institute of Chartered Accountants of Pakistan (ICAP). He is a member of CPA Australia and is also accredited by the Institute of Public Accountants Australia (IPA). He is an alumnus of the London Metropolitan University, UK, where he studied Accounting & Finance, and Institut Européen d’Administration des Affaires (INSEAD), Fontainebleau, France, where he attended executive development programs. He is also a certified director from the Pakistan Institute of Corporate Governance (PICG).

Mr. Bhojani has over 25 years of global and Pakistan-based experience, mostly in commercial and finance leadership roles with responsibility for delivering strategy, top-line growth and profit, nurturing organizational capability and implementing business performance management and corporate governance frameworks. He has previously served as IIL’s Chief Financial Officer for 3 years, coming to the IIL family skilled at business management, financial planning & analysis, audit, financial control, and IT project management. He has substantial experience spanning diverse sectors including industrial manufacturing, retail & private banking, FMCG marketing, life sciences, management consultancy, and audit & assurance acquired at bluechip corporates including Akzo Nobel, Barclays Bank, United Bank, ICI, BDO Global, and PKF Littlejohn UK.

In his last role, he has been instrumental in launching IIL Australia Pty Limited, IIL’s greenfield venture headquartered in Melbourne, off the ground. As a director and the Chief Executive of our subsidiary for 6 years, his stewardship has been pivotal in building the IIL brand as a leading supplier in the Australian market, the Company winning the prestigious Casey Award for Best Business and turning the Oceania region into IIL’s top export destination.