Board of Directors
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The Company is managed by a Board of 14 Directors. The present composition of Board is as follows:
|Shareholder||%age||No of Directors|
|Fauji Foundation||40.00%||6||View Profile|
|Government of Pakistan||18.39%||3||View Profile|
|General Public||21.61%||2||View Profile|
Directors Representing Fauji Foundation
Directors Representing Govt. of Pakistan
Directors Representing OGDCL
Directors Representing General Public
|Name||Mr. Adnan Afridi|
|Qualification||Juris Doctorate (Harvard Law School)|
|Designation||MD/ CEO National Investment Trust Limited|
|Date of Joining||21/03/2019|
|Committee||Member Audit Committee, MPCL|
|Address||NITL, 6th Floor, NBP Building, I.I.Chundrigar Road, Karachi|
|Profile||Mr. Adnan Afridi joined MPCL Board on March 21, 2019, representing shareholding interest of General Public (Minority Shareholders). He is an Independent, nonexecutive director and a member of Board’s Audit Committee.
Mr. Afridi assumed the position of Managing Director NITL on February 21, 2019. He has 24 years’ 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 the Karachi Stock Exchange, CEO, Overseas Chamber of Commerce and Industry, Chairman of National Clearing Corporation of Pakistan and Member of Board of Directors of Central Depository Company. Mr. Afridi has also served on the Board of Silk Bank Limited and Gul Ahmed Textile Mills Limited.
Mr. Adnan 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.
Currently, he is also on the Boards of Bank Al –Habib Limited, International Industries Limited, Bulk Transport Company (PVT) Limited, The Kidney Centre Institute, and a Member of SECP Policy Board.