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Board of Directors

The Shield Corporation Limited's board of directors is a strong, balanced blend of global industry leaders whose exceptional knowledge and considerable experience strategically guide and support the delivery of long-term value to the Company.

Mr. Ebrahim Qassim

Chairman

Mr. Ebrahim Qassim, a Chartered Accountant by profession. He has worked in different positions as a professional manager in a British Pharmaceutical Company for three years before finally becoming its Country Manager. Mr. Ebrahim Qassim also set up his own distribution business by the name of Premier Distributors in 1971, the company now houses a well-established network all over Pakistan. He has been on the boards of the National Council of the Institute of Chartered Accountants of Pakistan (ICAP) and the Marketing Association of Pakistan. He has served as a member of the Board of Directors of the Karachi Stock Exchange in the year 2000. He also sits on the English Biscuits Manufacturers, Peek Freans brand board.

Mr. Mohammad Haroon Qassim

Chief Executive

Mr. Haroon Qassim is the Managing Director of Pharmevo (Pvt) Ltd. He holds a rich academic background. He is a CPA from the USA and received his MBA from Loyola University, USA & BSc from the University of Illinois at Chicago. He is also the former chairman of PPMA, a distinguished body of Pakistan Pharmaceutical Manufacturers. His extensive corporate experience also includes his role as the Executive Director of Premier Distributors and Premier Agencies, one of the largest distribution houses in Pakistan. He also sits on the board of English Biscuits Manufacturers, Peek Freans brand.

Mr. Vali Muhammad A. Habib

Non-Executive Director

Mr. Vali Muhammad A. Habib has served as a non-executive director for the last seventeen years. He has over thirty-five years of business experience.

Mr.Muhammad Rafique Umer Afinwala

Independent Director

Mr. Muhammad Rafique Umer remained associated with Pakistan Stock Exchange (PSX) since 2001 and attained the top most position to perform as Acting Managing Director of PSX for the period from May 28, 2019 till his retirement till February 24, 2020. During period of employment, he held the positions of Company Secretary & Head of Legal Affairs, even while performing the role of Acting Managing Director. After formal retirement, he served PSX in advisory capacity. Mr. Umer is a graduate in Commerce as well as Law from University of Karachi. He has also achieved certification in selected subjects, as a regular student of Institute of Business Administration, Karachi. Further, he obtained Banking Diploma and Banking Certificate from Institute of Bankers Pakistan with First position throughout the country. Mr. Umer has attended seminars & workshops on various subjects, within and outside the country, including Capital Market Compliance & Examination workshop arranged by the US Securities & Exchange Commission at USA. He is also a certified director from Pakistan Institute of Corporate Governance. Mr. Umer has local and foreign experience of more than four decades in the field of general management, finance, banking & capital markets. Prior to joining PSX, he remained with United Bank Ltd; Saudi French Bank (Saudi Arabia) and Atlas Group of Companies. At PSX, besides being the Acting Managing Director/Co. Secretary/Head of Legal Affairs, he was one of the Trustees of Centralized Customers Protection Compensation Fund and Clearing House Protection Fund of PSX. In the past, apart from the role of Secretary to the Board, he also performed secretarial functions of certain Board Committees, which included Regulatory Affairs Committee, Audit Committee, Human Resource & Remuneration Committee, Nomination Committee, Divestment Committee and IT Procurement Committee. Mr. Umer remained actively engaged in the entire process of transformation of PSX, starting from its Corporatization/Demutualization, integration of then two other stock exchanges with PSX, divestment of PSX’s equity to Chinese Consortium and finally IPO/self-listing of PSX, whereby he was instrumental in smoothly complying with all time-bound activities and legal / regulatory requirements. Mr. Umer also represented PSX as nominee director on the Boards of its associated companies, i.e., Central Depository Company Limited and National Clearing Company of Pakistan Limited for multiple terms.

Mr. Abdul Ghaffar Umer Kapadia

Independent Director

Mr. Abdul Ghaffar is on the Board of Directors of B.F Modaraba managed by E.A Management (Pvt.) Limited since 2015. He is also a director of AFAQ (Association for Academic Quality - an organization dedicated to improving education in Pakistan). He was the former Chief Executive Officer of First Paramount Modaraba from 1997 to 2014. He completed his graduation in 1968 and his CA qualification in 1972.

Mrs. Sadia Naveed

Non-Executive Director

Ms. Saadia Naveed joined the Board as a non-executive director of Shield Corporation Limited. She is a well-experienced business executive. She is the Deputy Managing Director of English Biscuits Manufacturer (Private) Limited and on the board of directors of its subsidiary Coronet Foods (Private) Limited. She is also on the board of National Foods Limited. Saadia is a great example of a dynamic leader and an inspiration for Pakistani women aspiring to take leadership roles. In 2012, she received the Marketing Excellence and Wonder Women of the Year Awards for her contributions to business excellence in Pakistan. She is also an active member of several professional organizations including the Pakistan Business Council (PBC), Institute of Directors (IOD) London, National Academy of Performing Arts (NAPA), Korangi Association of Trade and Industry, Karachi Chamber of Commerce and Industry, Arts Council of Pakistan and Chairman, AKUH Cancer Society.

Mr. Mohammad Salman Qassim

Executive Director

Mr. Salman Qassim is well-versed in operational management and has well business experience in the company's operations. He has over twenty years of business experience.


AUDIT COMMITTEE

The Audit Committee assists the Board of Directors in its oversight of the integrity of the Company’s financial statements, compliance with legal and regulatory requirements, the qualifications and independence of independent auditors, and the performance of independent auditors and the internal audit function.

Mr.Muhammad Rafique Umer Afinwala

Chairman

Mr.Abdul Ghaffar Umer Kapadia

Member

Mr. Vali Muhammad A. Habib

Member

Mr. Vali Muhammad A. Habib has served as a non-executive director for the last seventeen years. He has over thirty-five years of business experience.


HUMAN RESOURCE & REMUNERATION COMMITTEE

Mr.Abdul Ghaffar Umer Kapadia

Chairman

Mr. Mohammad Haroon Qassim

Member

Mr. Vali Muhammad A. Habib

Member


RISK MANAGEMENT COMMITTEE

Mr. Mohammad Haroon Qassim

Chairman

Mr. Vali Muhammad A. Habib

Member

Mr.Muhammad Rafique Umer Afinwala

Member

Mr. Yasir Yousuf Chhabra

Chief Financial Officer

Mr. Hafiz Muhammad Hasan

Company Secretary

Mr. Tariq Shahzad

Head of Internal Audit

Mr. Shafqat Zaman

Legal Advisor

BDO Ebrahim & Co.Chartered Accountants

External Auditors

Yousuf Adil Chartered Accountants

Internal Auditors


MEMBERSHIP OF INDUSTRY ASSOCIATIONS & TRADE BODIES

  • Karachi Chamber of Commerce & Industries.
  • Pakistan Plastic Manufacturing Association.
  • Employer's Federation of Pakistan.
  • Pakistan Advertising Society.
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