Mr. Mustapha A. Chinoy
(Chairman), Non-Independent Non-Executive Director
holds a B.Sc in Economics from the Wharton school of Finance University of Pennsylvania, USA with a major in Industrial Management and Marketing.
He did his early Schooling from Burn Hall School Abbottabad and A levels from Millfield school in England.
Mr. Mustapha Chinoy is currently the Chairman of Pakistan Cables Limited. He is on the Board of International Steels Limited. Travel Solution (Pvt) Limited and Global E Commerce services (Pvt) Limited. Additionally, he is the Chief Executive Officer of Intermark (Private) Limited.
Mr. Mustapha Chinoy has previously served on the Board of Union Bank Limited and was Chairman of Security Papers Limited.
He is on the Board of PCL since 1.1.1986.
Mr. Shoaib Javed Hussain
Non-Independent Non-Executive Director
holds an MSc in Actuarial Management from Cass Business School, City University, London. He is also a Fellow of the Institute of Actuaries (UK) and began his career at an Actuarial consultancy in Pakistan.
He has over 20 years of management experience at leading Global Insurance Groups & Consultancies in the United Kingdom and in Asia. Through his global engagements across Europe, North America and Asia, Mr. Hussain brings on board his deep understanding and knowledge of finance, audit, risk and strategy matters.
Presently, Mr. Hussain is the Chairman of State Life Insurance Corporation of Pakistan. Before joining State Life, Mr. Hussain has held senior leadership and management positions with AIA Group Ltd, Milliman, Prudential plc, EY and HSBC. He is also a Director on the Board of Fauji Fertilizer Company Limited.
He is on Board of PCL since 3.11.2021
Ms. Spenta Kandawalla
Independent Director
is the Chairperson and co-owner of Captain-PQ Chemical Industries, a completely woman-owned company, which is the leading manufacturer of silicates in Pakistan. She is currently on the Board of Standard Chartered Bank Pakistan, where she serves as an Independent Non-Executive Director and Chair of the Human Resource and Remuneration Committee. Previously she has served as an Independent Director on the Boards of State Life Insurance Corporation and Engro Foods Ltd. In each case, she has been the first and only woman on these Boards.
Ms. Kandawalla is a Certified Board Director from the Pakistan Institute of Corporate Governance and a member of Women Corporate Directors, USA.
She is an active member of civil society. She is Founding Trustee of The i-Care Foundation, Pakistan’s first Donor Advised Fund and Managing Trustee of her family foundation, the Captain Foundation. She is Chairperson of Patients Aid Foundation- a public-private partnership with Jinnah Post Graduate Medical Centre. In addition, she serves on the Board of Layton Rehmatulla Benevolent Trust a nationwide network of free eye hospitals which have to date treated over 45 million patients free of charge. Ms. Kandawalla is also on the Boards of the BMH Parsi General Hospital Trust Fund and the Liaquat National Hospital and Medical College. She is also a Founding Member of the Business Leadership Council of Wellesley College, USA. Chair, Alumnae Admissions Representatives for Pakistan, Wellesley College and Member of the Presidents’ Advisory Board on Global Education, Wellesley College. She has also served on the Advisory Board, Pakistan Scholars Program, Woodrow Wilson International Center, USA.
Ms. Kandawalla holds a B.A (Honours) in Political Science and Economics from Wellesley College (U.S.A) and has completed several courses at the MIT Sloan School of Management.
She is on the Board of PCL since 30-04-2019
Mr. Akbar Ali Pesnani
Non-Independent Non-Executive Director
is an MBA and fellow member of both the Institute of Chartered Accountants and Institute of Cost and Management Accountants of Pakistan. He has served as Chairman Gwadar Port and Gwadar Port Implementation Authority from 2004 to 2006. Mr. Pesnani has been associated with the Aga Khan Development Network at senior levels for over 43 years.
Presently he is the Chairman of Cherat Packaging Limited and the Aga Khan Cultural Service Pakistan. He is also a Director on the Board of Cherat Cement Company Limited, Jubilee General Insurance Company Limited and Agha Steel Limited.
He is on the Board of PCL since 5-5-2020.
Mr. Ali H. Shirazi
Non-Independent Non-Executive Director
graduated from Yale University, U.S.A. in 2000 and thereafter completed his Masters in Law from Bristol University, U.K. in 2005. During this period, he worked for the Bank of Tokyo-Mitsubishi in New York as well as American Honda in Torrance, California. He is Atlas Group Director Financial Services and President / Chief Executive of Atlas Battery Limited. He serves on the Board of Atlas Asset Management Limited, Atlas Insurance Limited, Naymat Collateral Management Company Limited, Cherat Packaging Limited, Pakistan Society for Training and Development (President) and Young President Organization-Pakistan (YPO).
He is a 'Certified Director' from the Pakistan Institute of Corporate Governance and in 2018 completed the Owner/President Management Program (OPM) from Harvard Business School.
He is on the Board of PCL since 22-03-2021.
Mr. Arshad M. Tayebaly
Independent Director
is a Senior Partner at Mohsin Tayebaly and Co. He is considered to be the leading expert in Commercial and Company litigation matters. Many of the decisions in litigation matters handled by him are reported in Law Journals. He completed his LL.M. from Kings College London in 1990.
He is on the Board of PCL since 04-05-2023.
Mr. Mazhar Valjee
Independent Director
has been associated with the House of Habib (HOH) where he has served as CEO of Indus Motor Company Ltd, Thal Limited, Pakistan Jute & Synthetics limited, Habib Metro Pakistan (Pvt) Limited, Makro Habib Pakistan Limited and continues in the role of a group Director.
Outside HOH Mazhar has served as CEO and Country Head of Schneider Electric Pakistan and currently Chairs the Boards of Tata Textile Mills and three other companies of the Tata Pakistan Group.
He has been an active member of The Indegenisation Committee of the Engineering Development Board, Energy Committee of OICCI, The Pakistan Jute Mills Association, Pakistan German Business Forum, Pakistan France Business Alliance, Young Presidents Organization and Family Educational Services Foundation.
Mazhar acquired business education from IBA Karachi and executive education from the Stanford-NUS program and from the Yale School of Management.
He has been on the Board of PCL since 05-05-2020.
Mr. Kamal A. Chinoy
Non-Independent Non-Executive Director
is a graduate of Wharton School, University of Pennsylvania, USA.
He is the Honorary Consul General of the Republic of Cyprus.
Currently he is Chairman of International Industries Limited, International Steels Limited, IIL Americas Inc. and IIL Construction Solutions (Pvt) Ltd., and Director of IIL Australia Pty Ltd.
He has served as Chairman of the Aga Khan Foundation (Pakistan) and Jubilee Life Insurance Co, and also as a Director of Pakistan Centre of Philanthropy, Atlas Insurance Limited, Pakistan Security Printing Corporation, NBP Fullerton Asset Management Limited, Atlas Battery Ltd, ICI Pakistan Limited, Askari Bank Limited, First International Investment Bank, and Atlas Power Limited.
He also served as CEO of Pakistan Cables Ltd for 27 years. He was an instrumental part of the team that negotiated the exit of BICC from the ownership of the Company in the early 1990’s. Then in 2010 he lead the effort to attract General Cable, a Fortune 500 company, as an equity investor in PCL.
Mr. Kamal A. Chinoy is a member of the executive committee of the International Chamber of Commerce, Pakistan and is also a past President of the Management Association of Pakistan (MAP). He has also served on the Admissions Committee of Aga Khan University and the Alumni Admissions Committee for the University of Pennsylvania. He has also been a member of the Board of Governors of Army Burn Hall Institutions.
He has been a member of the Pakistan-UK Forum for Investment and Technology (under the Board of Investment, GoP) and the Experts Advisory Group for Engineering Goods for the Fifth Five Year Plan for the Government of Pakistan.
He is on the Board of PCL since 31-5-1992.
Mr. Fahd K. Chinoy
Chief Executive Officer
holds a MBA from INSEAD (France) and a Bachelor of Arts in Economics and Political Science from the University of Pennsylvania, USA. He is currently CEO of Pakistan Cables Limited.
He has previously served in the banking industry, having worked with TD Securities in New York and Toronto as an Associate in various departments including Loan Syndications and Corporate Banking.
He serves on the Board of Directors of Atlas Battery Limited, MCB Arif Habib Savings and Investments Limited and the Amir Sultan Chinoy Foundation. He is also on the Board of Advisors for NOWPDP, serves as the President of the Board of Governors for Pakistan Society for Training & Development (PSTD) and is on the Executive Committee of the Management Association of Pakistan. He is a ‘Certified Director’ from the Pakistan Institute of Corporate Governance and has previously served on the Board of Focus Humanitarian Assistance Pakistan.
He is on the Board of PCL since 05-05-2017.
BOARD AUDIT COMMITTEE |
HUMAN RESOURCE AND REMUNERATION COMMITTEE |
Mr. Mazhar Valjee (Chair)Mr. Mazhar Valjee (Member)Mr. Akbar Ali Pesnani (Member)Mr. Ali H Shirazi (Member) |
Ms. Spenta Kandawalla (Chair)Mr. Mazhar Valjee (Member)Mr. Arshad Mohsin Tayebaly (Member)Mr. Kamal A. Chinoy (Member)Mr. Fahd Kamal Chinoy (Ex-officio Member) |
Pakistan Cables Limited is committed to strict adherence of the best practices contained in the Code of Corporate Governance. The responsibility for compliance with the Code of Corporate Governance is that of the Board of Directors of the Company. As part of the Corporate Governance structure of Pakistan Cables Limited, there is a Board Audit Committee, Board Human Resource and Remuneration Committee.
