Mr. Malik is a fellow of the Institute of Chartered Accountants in England and Wales and an alumnus of the Harvard Business School and INSEAD. Earlier, his career with ICI Plc Group based in the UK spanned over 27 years and later with Akzo Nobel N.V. based in the Netherlands. He is former Chief Executive Officer (CEO) of ICI Pakistan Limited and Chairman  & CEO of Lotte Pakistan Limited (formerly Pakistan PTA Limited). During his career with ICI and Akzo Nobel, he worked in Europe and America in Corporate Finance and Strategy. Mr. Waqar Ahmed Malik joined Fauji Foundation as the Managing Director and Chief Executive Officer on 9^th April 2020.

Presently, he is serving as Chairman on the Boards of Mari Petroleum Company Limited, Fauji Fertilizer Company Limited, FFC Energy Limited, Fauji Fresh n Freeze Limited, Fauji Cement Company Limited, Askari Bank Limited, Fauji Akbar Portia Marine Terminal Limited, Fauji Trans Terminal Limited, Fauji Oil Terminal & Distribution Company Limited, Daharki Power Holdings Limited, Foundation Wind Energy-I & II Limited, Foundation Power Company Daharki Limited, Fauji Kabirwala Power Company Limited, Fauji Fertilizer Bin Qasim Limited and FFBL Power Company Limited.

He is Chairman of Pakistan Oxygen Limited (formally Linde Pakistan, a subsidiary of Linde AG) acquired by Adira Capital Holdings (Private). He is also director on the board of Rafhan Maize Products Company Ltd and on advisory board of Jazz Pakistan (Veon). Earlier, Mr. Malik served on the prestigious boards as Chairman (Non-Executive & Independent) – Pakistan Petroleum Limited, Director (Non-Executive & Independent) Engro Corporation Limited, Director – State Bank of Pakistan, President – Overseas Chamber of Commerce & Industry (OICCI), President – Management Association of Pakistan (MAP), Director – Pakistan Business Council (PBC), Trustee – I-Care Foundation and Director (Non- Executive & Independent)-Standard Chartered Bank Pakistan Limited.

Mr. Malik is a member of visiting faculty of Pakistan Institute of Corporate Governance (PICG), former member of Board of Governors of Lahore University of Management Sciences (LUMS) and Board of Indus Valley School of Arts. As trustee of Duke of Edinburgh Trust Pakistan, he was awarded Prince of Wales Medal as a Trustee of the “Prince of Wales Pakistan Recovery for the Flood Victims in 2010”.

He has been playing an instrumental role in development of Pakistan’s Regulatory System as well as for the advocacy to undertake economic reforms.

In recognition of his meritorious services during his long distinguished career, the President of Pakistan has conferred him with “Sitara-e-Imtiaz”, which is the third highest Presidential award for public service.