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Management Team

Mr. Asad Iqbal
Managing Director

Mr. Asad Iqbal received his Bachelors of Science degree from Carnegie Mellon University in Pittsburgh PA and is in the process of completing his graduate degree in Computational Finance from Carnegie Mellon as well. Asad had worked on Wall Street from 1995 to 2002 in various capacities with the latest being as Vice President in Equities for Goldman, Sachs & Co. At Goldman, Asad was responsible for book building for all Goldman lead Equity and Convertible equity offerings for their US clients. Asad worked on over a 100+ equity and convertible dent offerings including some of most prominent deals such as the Goldman Sachs and Accenture Initial Public Offerings and the AT&T secondary offering.

Mr. Asad Iqbal started at Goldman Sachs in 1995 as a programmer analyst in their International Trading group and moved to their Equity Capital Markets desk where he led the creation, development and deployment of their online IPO portal www.gsonline.com. In October 2000, Asad moved to the Equity Sales desk focusing on sales and book building of Equity and Debt offerings. In the December 2000, Asad was promoted to Vice President in Equities and was given the additional responsibility for sales of block deals as well single stock risk management. In late 2002, Asad moved to Pakistan to join the family business and started a software development company aimed at creating customized solutions for the financial industry. Asad is now the Managing Director of Ismail Iqbal Securities as well.



Mr. Muhammad M. Ismail
Director

Mr. Muhammad M. Ismail has done his B.S. in Industrial Engineering from the University of Florida, USA in 1974. Thereafter, he took over as a Director in charge of Union Biscuits, (one of the major manufacturers of biscuits and confectionery products in Pakistan at the time ). Mr. Muhammad M. Ismail successfully looked after all affairs of Union Biscuits until 1989, when he established Ismail Industries Limited, the first major listed company in the confectionery industry in Pakistan. As Chairman of the Board of Directors of the company, he oversees all aspects of management including production, sales and distribution, marketing, and expansion and acquisitions.

He is one of the most experienced and qualified person in the confectionery industry in the country, well versed with all the technical and managerial aspects of the business. He has laid a solid foundation for the company, which has made a remarkable progress as market leader and the largest exporter of confectionery products in Pakistan.

Mr. Muhammad M. Ismail has traveled extensively and is thoroughly familiar with the confectionery industry all over the world. He has attended large number of exhibitions and trade fairs all over the world on consumer products. He has been a member and captain of Pakistan’s bridge team and is an avid golfer.

Mr. Maqsood Ismail
Director

Mr. Maqsood Ismail graduated from the University of Delaware, USA in 1981, where he earned a B.S. degree in Economics. He also qualified in the Central Superior Services (CSS) competitive examinations of the Government of Pakistan, but preferred to opt for business. He joined the family concern Union Biscuits and looked after Finance, Government Affairs and Import Departments prior to the setting up of Ismail Industries Limited. Being the Managing Director of the company, he is responsible for Finance, Accounting and Corporate Affairs of the organization.

Mr. Maqsood Ismail has also been the Chairman of the Export Processing Zone, Government of Pakistan, on honorary basis from 1996-1997 and again from 2002-2003. He was nominated to this position as a representative of the business community. At present he is a member of the Managing Committee of the Federation of the Chambers of Commerce and Industry of Pakistan. He has also been a Chairman of Yarn Merchants Association of Pakistan several times. Mr. Maqsood Ismail has traveled all over the world, both for marketing the company’s products and also as member of the various delegations of the Government, FPCCI, and Export Promotion Bureau.

Mr. Miftah Ismail
Director

Mr. Miftah Ismail is the Chief Operating Officer and Director of Marketing & Sales. He has a Ph.D. in Economics from the Wharton School of Business, University of Pennsylvania. He has also worked as an Economist at the International Monetary Fund (IMF) in 1992-1993. Since then he is working Ismail Industries Limited.

Mr. Miftah Ismail also looks after Recruitment and Human Resources function in the company. In past few years he has recruited and built a team of well qualified and highly motivated personnel in the marketing, sales, export and production departments who assists senior management in the decision making process. He has also encouraged the introduction of new ideas to make Ismail Industries Limited a truly modern firm with a professional management responding to the demands of the market. He is very active in the social and cultural life of Karachi.



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