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Mr Waqar Ahmed Malik

MD & CEO Fauji Foundation

Waqar Ahmed Malik Mr. Waqar Ahmed Malik is a Senior Corporate Leader with over 35 + years of Pakistan & Global Cooperate sector experience. Dedicated to Promoting Business and investment, he is widely respected in Government, Business, Army and social circles of Pakistan. Mr. Malik is a fellow of the Institute of Chartered Accountants in England and Wales and is also an alumnus of the Harvard Business School and INSEAD. Earlier, his career with The ICI Plc Group based in the UK spanned over 27 years and then later with Akzo Nobel N.V. based in the Netherlands. For nearly 10 years, he served as the Chief Executive Officer of ICI Pakistan Limited and also the Chief Executive Officer and Chairman of Lotte Pakistan Limited (formerly Pakistan PTA Limited). During his career with ICI and AkzoNobel, he worked in Europe and America in Corporate Finance and Strategy. His arrival commence a true story around growth at Fauji Foundation adding US $ 1 Billion to its bottom line.it is also the Largest Contributor of duties and Taxes to the National Ex- Chequer. He is also Chairman of Pakistan Oxygen Limited (formally Linde Pakistan, a subsidiary of Linde AG) acquired by Adira Capital Holdings (Private) that he cofounded. He also serves in Jazz Pakistan (VION).

Earlier, Mr. Malik also served on the following prestigious boards:

  • Pakistan Petroleum Limited – Chairman (Non-Executive & Independent)
  • Standard Chartered Bank Pakistan Limited – Director (Non-Executive & Independent)
  • Engro Corporation Limited – Director (Non-Executive & Independent)
  • Engro Polymer and Chemicals Limited – Director (Non-Executive & Independent)
  • TPL Insurance Limited – Director (Non-Executive)

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

  • Director – State Bank of Pakistan (Central Bank of Pakistan)
  • President – Management Association of Pakistan (MAP)
  • President – Overseas Chamber of Commerce & Industry (OICCI)
  • Director – Pakistan Business Council (PBC)

Mr. Malik is also a member of the visiting faculty of Pakistan Institute of Corporate Governance, Former Member of Board of Governors of Lahore University of Management Science (LUMS) and Former Member of Board of Indus Valley School of Arts. He participates actively in social and philanthropic activities through I–Care Foundation, as a Trustee, he contributes to improve the quality of life of underprivileged by enhancing the level of philanthropic support. A 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.

Mr.Waqar Ahmed Malik joined Fauji Foundation as the Managing Director and Chief Executive Officer on 9th April 2020. Presently, he is serving as Chairman on the Boards of following Fauji Group Companies:

  • Mari Petroleum Company Limited
  • Fauji Fertilizer Company Limited
  • FFC Energy Limited
  • Fauji Fresh n Freeze Limited
  • Fauji Cement Company Limited
  • Askari Cement Limited
  • Fauji Akbar Portia Marine Terminal Limited
  • Fauji Trans Terminal Limited
  • Fauji Oil Terminal and Distribution Company Limited
  • Rafhan Maize Products Company Ltd (Ingredient)
  • Fauji Infraavest Foods Limited
  • Foundation Wind Energy-I & II Limited
  • Foundation Power Company Daharki Limited
  • Fauji Kabir Wala Power Company Limited
  • Fauji Fertilizer Bin Qasim Limited
  • FFBL Power Company Limited
  • Foundation Solar Energy (Private) Limited
  • Daharki Power Holdings Limited