Board of Directors



Arif Habib

Chairman / Non-Executive Director

Mr. Arif Habib is the Chairman of Arif Habib Dolmen REIT Management Limited and the Chief Executive Officer of Arif Habib Corporation Limited, the holding company of Arif Habib Group. He is also the Chairman of Fatima Fertilizer Company Limited, Pakarab Fertilizers Limited, Aisha Steel Mills Limited, Javedan Corporation Limited (the owner of Naya Nazimabad) and Sachal Energy Development (Pvt.) Limited.

Mr. Arif Habib remained the elected President/Chairman of Karachi Stock Exchange for six times in the past and was a Founding Member and Chairman of the Central Depository Company of Pakistan Limited. He has served as a Member of the Privatisation Commission, Board of Investment, Tariff Reforms Commission and Securities & Exchange Ordinance Review Committee. He is currently a member of the Prime Minister’s Economic Advisory Council (EAC) and the Think- Tank constituted by the Prime Minister on COVID-19 related economic issues.

Mr. Habib participates significantly in welfare activities. He remains one of the directors of Pakistan Centre for Philanthropy (PCP), Karachi Education Initiative (KSBL) and Karachi Sports Foundation as well as trustee of Memon Health & Education Foundation (MMI) and Fatimid Foundation.


Nadeem Riaz


Mr. Nadeem Riaz, Director and representative of the Dolmen Group, is the Chairman of Dolmen Group and is also a member of both International Council of Shopping Centers (ICSC) and Middle East Council of Shopping Centers (MECSC). Mr. Riaz has experience of over 30 years in the real estate market. He has developed and managed renowned and award winning residential, commercial and retail projects. He is a pioneer in developing state of the art retail shopping malls in Pakistan, which transformed the dynamics of the retail industry.  


Sajid Ullah Sheikh


Mr. Sajid is a Fellow member of Institute of Chartered Accountants of Pakistan and is currently Group CFO at the Dolmen Group, one of Pakistan’s leading real estate group. Mr. Sajid started his career as Assistant Manager Audit at KPMG Taseer Hadi and Co. Chartered Accountants in 2007 and later joined Avery Dennison Pakistan (US fortune 500 company). His association with Dolmen Group started in 2011 and is now heading the finance function of number of other group companies as Group CFO.  


Qamar Hussain

Independent Director

Mr. Qamar Hussain is an Independent Director. He previously served as the President of National Bank of Pakistan (NBP). He holds an MBA degree in International Business & Finance from McGill University, Montreal, Canada and has undergone extensive training in business leadership abroad. Mr. Husain started his banking career from Bank of America N.T. & S.A., Pakistan in 1981. Prior to joining NBP in 2009, he worked with American Express Bank Limited as Senior Director Global Credit, New York and earlier as Senior Director Country Manager, Bangladesh. He had also been associated with the Chase Manhattan Bank in Pakistan and USA.  



Samad Habib


Mr. Samad Habib, a Director and a representative of the Arif Habib Group, is currently the Chief Executive of Javedan Corporation Limited. Javedan is an associate company of Arif Habib Corporation Ltd and is involved in developing housing projects across Karachi with almost 1,300 acres of land under ownership. Mr. Samad started his career with the Arif Habib Group, and has more than 15 years of experience, predominantly in financial services. He has served at various senior management roles including Executive Sales and Business Promotions, Company Secretary and Head of Marketing. He has also held the position of Chairman and Chief Executive of Arif Habib Limited. Mr. Habib holds a Master's degree in Business Administration from the Institute of Business Management (IoBM).  


Faisal Nadeem Riaz


Mr. Faisal is a Director at the Dolmen Group, one of Pakistan’s leading real estate organizations. He has been involved in the development, marketing and management of prime commercial and retail real estate projects including Dolmen Mall Clifton, currently the largest shopping center in Pakistan. Mr. Faisal started his career at Al Feroz (Private) Limited as Manager Special Projects in 2008 and associated with the development of Dolmen Mall Tariq Road, Dolmen Mall Hyderi, Dolmen Food Courts, The Harbour Front Office Tower and Dolmen Mall Clifton. He later served in the capacity of Director Leasing, for the Dolmen property portfolio. He is currently serving as the Chief Executive Officer at DPL property management, which manages over 1.5 million square feet of prime retail and commercial space.  



Tayyaba Rasheed

Independent Director

Tayyaba Rasheed, an Independent Director, currently serving as Head of Investment Banking Group of Faysal Bank. She hold MBA degree In International Business and is also a Certified Chartered Financial Analyst and Financial Risk Manager. She brings with her over sixteen years of Corporate and Investment Banking experience and has been instrumental in driving some of the land mark Project Finance and Syndications deals to closure from the platform of National Bank of Pakistan and Faysal Bank Limited. She has worked in senior position at CIBG NBP and Bank Alfalah where she started her career as Management Trainee Officer.”


Muhammad Ejaz

Chief Executive Officer

Mr. Muhammad Ejaz, has over 20 years of experience in financial services and general management. Mr. Ejaz is a certified director and serves on the boards of several Arif Habib Group companies. He has served in senior positions at leading local and international banks and institutions including American Express, Engro, Emirates NBD, Union Bank, Faysal Bank and Saudi Pak Bank. Mr. Ejaz is a certified Financial Risk Manager (FRM) and holds an MBA degree from the Institute of Business Administration (IBA),  



Naeem Ilyas

Independent Director

Mr. Naeem Ilyas, an independent director, having over 25 years of Strategic cum Operational level combined experience. He has served in senior positions across corporates including FMCG (Shield),Pharmaceuticals (PharmEvo),Natural Health Products (Zenith Inc). He is PEC Registered Professional Electrical Engineer having MBA,LLB, MA(Eco), PGD(NILAT) degrees and has specialization in Operations Management from LUMS / McGill. He has been instrumental in bringing about organizational and cultural changes in the organizations he has served in any leadership role.