Our Board






Hassan Reza-ur-Rahim – Chairman


Mr. Rahim is an accomplished professional who has over 30 years of international experience in the Banking and Financial Services industry. Most recently he has served as the Executive Director, in-charge of the Chairman’s Office of the Dawood Hercules Group. He currently serves on the Boards of Cyan Limited, Dawood Hercules Corporation Limited, Dawood Lawrencepur Limited and Inbox Technologies Limited.

He has also held several senior roles in international banks and has been instrumental in implementing new business initiatives and establishing novel client coverage platforms. At JPMorgan he set up and headed the Global Corporate Bank in Bahrain, Qatar and Saudi Arabia, prior to which he was also the Senior Country Officer in Pakistan and was a part of the Regional Corporate Finance team based in Singapore. He has originated, led and executed large complex M&A transactions and Privatizations totaling USD5.0 billion, Sovereign Debt and Bond issues of over USD2.0 billion in the Telecom, Airlines, oil & gas and Petrochemical industries.

Previously, Mr. Rahim has worked with MashreqBank psc, ANZ Grindlays Bank plc, and Exxon Chemical Pakistan Limited. He was also posted to Zurich, Singapore, Bahrain and Dubai and received his degree from the University of Delaware in USA. Mr. Rahim is also a certified director from Pakistan Institute of Corporate Governance (PICG). He joined the Board in 2014.

Office Address: 11th Floor, Dawood Center, M. T. Khan Road, Karachi

Mrs. Kulsum Dawood – Director


Mrs. Kulsum Dawood is a Trustee on the Board of Dawood Foundation, a philanthropic organization of The Dawood Group, Mrs. Dawood is also a Trustee of the Family Welfare Co- operative Society, an organization geared for the betterment of under- privileged Pakistani young women and member of DIL (Developments in Literacy) to work for the literacy in Pakistan.

Mrs. Dawood takes her social and civic responsibilities seriously. She has supported various charities in healthcare, education and economic development. She is a member of SOS, a charity known for the care of orphans, as well as a Depilex Smile Again Foundation, an NGO for the treatment and rehabilitation of burn victims. She supports other charitable organizations such as CARE (Cooperation for Advancement, Rehabilitation & Education), The Lahore Hospital Welfare Society, The Pakistan Society for the Welfare of Mentally Retarded Children and All Pakistan Women’s Association. Mrs. Dawood has also served as the President of Women’s Voluntary Service and the Punjab Women’s Swimming Association (2000-2005).

She has attended Family Business courses from the world’s leading Business Schools, The International Institute for Management Development (IMD), in Switzerland in 2004 and 2005 and the Institute European d’Administration des Affaires (INSEAD) in 2007. She regularly attends the World Economic Forum Annual Meetings in Davos.

She is a certified Director of Corporate Governance from the Pakistan Institute of Corporate Governance (PICG). She joined the Board in 2014.

Office Address: 11th Floor, Dawood Center, M. T. Khan Road, Karachi.

Inam ur Rahman – Director


Inam ur Rahman joined the Cyan Limited Board in March 2017. Inam was appointed Chief Executive Officer of Dawood Hercules Corporation Limited in December 2016. Earlier he has been on the Boards of Sui Northern Gas Pipelines Limited, Sindh Engro Coal Mining Company Limited, Thar Power Company Limited, The Hub Power Company Limited and Laraib Energy Limited. For the past seven years, he was Chief Executive Officer at Dawood Lawrencepur Limited and Tenaga Generasi Limited. He also set up the renewable energy business for the group under the name Reon Energy Limited.

He was adjunct faculty at the Lahore University of Management Sciences during 2004 and 2009. He holds an MBA from the Lahore University of Management Sciences and a B.S. in Electrical Engineering from the University of Engineering and Technology. His passion is to make all energy renewable and free in the world.

Office Address: 9th Floor, Dawood Center, M. T. Khan Road, Karachi.

Kamran Nishat – Director


Kamran Nishat is a certified Director from Lahore University of Management Sciences (LUMS). He joined the Board of Directors of Cyan Limited in 2014. He also serves on the board of Briogene Private Limited, Apollo Pharma Limited and ABL Asset Management Company Limited. He began his career at Al Ghazi Tractors in 1984 and held top management positions in reputable organizations across various sectors including Automotive, Textiles, Leather, Distribution and Consulting. He currently serves as CEO & Managing Director at Muller & Phipps Pakistan which is the largest and oldest cross industry Market Expansion Services Provider of the country. The company’s topline exceeds PKR 60 billion and its core function is to enable partner organizations to enter, establish and grow their market shares’ in key business sectors of Pakistan including Pharma, FMCG, Hospital Care and Telecommunications.

He is an also member of Institute of Chartered Accountants of Pakistan. He is also member Executive Committee & Chairman Finance & Taxation subcommittee at The American Business Council of Pakistan, member of Information Technology Committee (South) of ICAP and Vice President of Karachi Chapter, Information Systems Audit and Control Association.

Office Address: Uzma Court, Main Clifton Road, Block 8, Kehkhashan, Karachi

Shafiq Ahmed – Director


Mr. Shafiq Ahmed joined The Dawood Group in 2007 and has worked for several Group concerns in different senior positions, including the Chief Executive Officer of Dawood Lawrencepur Limited and Tenaga Generasi Limited and currently looking after the Group’s Corporate Affairs at the Holding Company Level as Chief Financial Officer and Company Secretary. He is also serving on the Board of Directors of Dawood Lawrencepur Limited, Tenaga Generasi Limited, and Reon Limited. He also served on the Board of Directors of Cyan Limited during the period April 2011 to April 2014. Prior to joining Dawood Group, he served in senior management position in Pakistan National Shipping Corporation and has also been associated with Ernst & Young Ford Rhodes Sidat Hyder & Co., Chartered Accountants for nine years. Having a lair for textiles, energy and accounting, his career spans over 19 years working with industry leaders and pioneers in these fields. He is a Chartered Accountant from the Institute of Chartered Accountants of Pakistan and a degree in Law from Karachi University. Mr. Shafiq is also a certified director from Pakistan Institute of Corporate Governance (PICG). He joined the Board in 2014.

Office Address: 9th Floor, Dawood Centre, M. T. Khan Road, Karachi, Karachi

Sulaiman S. Mehdi – Director/CEO


Sulaiman is the Chief Executive of Cyan Limited (formerly Central Insurance Company Limited – CICL). He joined CICL as the COO and Company Secretary (CS) on October 01, 2010 and led the insurance license revocation process for CICL. The revocation of CICL’s insurance license and its business restructuring from CICL to Cyan is a landmark transaction, and the first of its kind in Pakistan.

He has fifteen years’ experience of working with leading Financial Services Groups in senior positions in the area of investments, operations, marketing, legal and corporate affairs. He has the privilege of serving two of the largest conglomerates of Pakistan.

Before Cyan, he served as the COO and CS for ABL Asset Management Company Limited from January 01, 2008 to September 30, 2010 and during his tenure the assets under management grew from a start-up fund of USD 18 million to USD130 million with four funds. Before ABL AMCL he was also associated with Allied Bank Limited – Corporate and Investment Banking Group as Senior Vice President (SVP) from June 2007 till December 31, 2007, and was primarily responsible for the formation of ABL Asset Management Company Limited. Before joining ABL, he served as the COO and CS of PICIC Asset Management Company Ltd. – one of the leading Asset Management Company of Pakistan from July 2004 to June 2007 and was primarily responsible for the formation of PICIC AMC. During his tenure the assets under management in the form of closed end funds grew from USD 45 million to USD 190 million.

He has also served on the Board of Dawood Lawrencepur Limited from 2011 to 2014 and was also a Director for FOCUS Pakistan from 2008 to 2011 (an Aga Khan Foundation backed NGO). Presently he is Director on the Board of Cyan Limited, Inbox Business Technologies (Pvt.) Ltd., Inbox Consulting (Pvt.) Ltd., Inbox Corporation (Pvt.) Ltd., Sach International (Pvt.) Ltd. and Chairman of Pebbles Pvt. Ltd. – the real estate arm of Dawood Hercules (DH) Group and is leading all real estate initiatives of the Group.

Sulaiman holds a Master’s degree and is also a Fellow member of the Institute of Corporate Secretaries of Pakistan (FCISP). He is also a certified director from the Pakistan Institute of Corporate Governance (PICG).

Office Address: 4th Floor, Dawood Centre, M. T. Khan Road, Karachi

Faisal Nadeem Mangroria – Director


Mr. Faisal is a Certified Director of Corporate Governance from the Pakistan Institute of Corporate Governance (PICG) and a Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP). He passed his Chartered Accountancy (CA) exams from the ICAP and Chartered Management Accountancy (CMA) exams from the Chartered Institute of Management Accountants (CIMA), UK. He has completed his articleship from Ernst & Young International (EY) and has professional experience at the executive cadre in Pakistan Industrial Credit and Investment Corporation (PICIC) where he managed the risk of institutional and retail portfolios for the company.

He also served at First Credit & Investment Bank Limited (formerly known as First Credit & Discount Corporation Limited) an investment bank owned by National Bank of Pakistan (NBP) where he was involved in the areas of core finance, risk management and internal audit. Before joining Cyan, he served as the Chief Financial Officer and Company Secretary at ABL Asset Management Company Limited, a subsidiary of Allied Bank Limited.

Office Address: 4th Floor, Dawood Centre, M. T. Khan Road, Karachi

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