Lakson Investments’ Board of Directors guides the overall philosophy and direction of the organization. Our board members are experienced professionals from diverse business sectors of domestic and international markets.
- Iqbal Ali LakhaniChairmanIqbal Ali LakhaniChairman
Mr. Iqbal Ali Lakhani is the Chairman of the Lakson Group of Companies, five of which are listed on the Stock Exchanges of Pakistan covering a diversified range of businesses such as paper & board, soap, detergents and toothpaste, printing & packaging, food and insurance. Three Funds of a Group Investment Company are also listed and traded. American franchises/affiliation includes Colgate-Palmolive Company & McDonalds Corporation. The spectrum of unlisted Companies includes textiles, surgical instruments, media (T.V. & Print), software development & consultancy, travel & tourism, investment & mutual funds, ISP-broad band & data centre, business process outsourcing house into call centre & I.T. The businesses of the Lakson Group provide gainful employment to over 12,000 persons.
Mr. Lakhani has over 39 years experience of Senior Management in consumer marketing, finance, manufacturing, industry and government relations. Areas of special interest cover marketing, total quality management and leadership. He is a Charter Member of The Indus Entrepreneurs and Director of Pakistan Business Council. In addition, he is also on the Board of Trustees of the Layton Rahmatullah Benevolent Trust. Previously he has served as the Chairman Cigarette Manufacturers Association of Pakistan, Chairman Aga Khan Economic Planning Board for Pakistan and Vice President American Business Council of Pakistan.
Mr. Lakhani received his B.A. from the University of California – Berkeley. He was a member of the PSI-National Accounting fraternity; Honor Student’s Society, member of Phi Beta Kappa and received the departmental award for outstanding undergraduate achievement.
Mr. Lakhani has travelled widely and has attended international seminars, meetings and conferences in several countries of the world.
- Babar Ali LakhaniChief Executive OfficerBabar Ali LakhaniChief Executive Officer
Mr. Babar Lakhani has over 19 years of investment and portfolio management experience in domestic and international equity and fixed income markets. Babar most recently served as the CIO of Century Insurance, a Public Limited company listed on the Karachi Stock Exchange of Pakistan. His first positions were as an Investment Associate at High Street Advisors and a Research Analyst at Credit Suisse Equity Group. Babar brings extensive investment experience, globally practiced portfolio management discipline, and a comprehensive understanding of the global asset management industry to Lakson Investments Limited. He received his BA in Finance from Bentley College, and his MBA from Brandeis University. Babar is a member of the Global Association of Risk Professionals (GARP), the Society of Financial Service Professionals and the Young Presidents' Organisation (YPO Pakistan and YPO Emirates). He is also a member of the Alumni Trustee Committee of Brandeis University and is the school’s representative in Pakistan and a Board Member of Developments in Literacy (DIL.org).
Mr. Lakhani’s passions include philanthropy, competing in triathlons and marathons, spending time with his family, trying to stay abreast of new Technology (AI, IOT, Machine Learning, Disruptiveness), reading and film.
- Amin Mohammed LakhaniAmin Mohammed Lakhani
An MBA in Finance and International Business from The Wharton School of Business, University of Pennsylvania (USA) and holder of Bachelor of Science in Industrial Engineering from Stanford University (USA), Mr. Amin Mohammed Lakhani is part of the Executive Leadership Team of Lakson Group of Companies.
Mr. Amin Mohammed Lakhani is Chief Executive of SIZA Foods (Private) Ltd., the franchise holders of McDonald’s restaurants in Pakistan, a world known Multinational Corporation serving fast foods. Under his dynamic leadership, SIZA has succeeded in a short period of 14 years in making McDonald’s almost a household name in Pakistan, expanding the network of its restaurants to 26 in key cities of the country. He has also won “Golden Arches Award” 2011 from McDonald’s Corporation.
His rich experience in finance, marketing, management and production spanning over 29 years has enabled him to serve as CEO of 16 unlisted public and private limited companies, Director on the Corporate Boards of 5 Lakson Group Companies listed on Stock Exchanges in Pakistan and Director in 9 other private companies of the Lakson Group.
Mr. Lakhani is the Honorary Consul General of Singapore in Pakistan since July 1992. Previously he served as Singapore’s Honorary Consul since April 1989. Acknowledging his services the Republic of Singapore awarded him Public Service Star.
Mr. Lakhani actively participates in social activities. He is a Founder Member of Pakistan Chapter of Young Presidents’ Organization, and served as the local Chapter’s chairman for the 2006-07 term. He is a Member of Stanford Alumni Association as well of The Wharton Alumni Association. He is an ardent sport enthusiast and his favourite sporting activities include riding, playing polo, tennis and golf. He has widely travelled around the globe and takes interest in international/current affairs.
Mr. Lakhani strongly believes in Lakson Group’s philosophy of paying back to the society. He is a Trustee of Hasanali and Gulbano Lakhani Foundation, a Lakson Group welfare trust. The Foundation provides educational and medical facilities to the deserving and needy persons and helps people in other areas.
- Daniel Scott Smaller(Independent)Daniel Scott Smaller(Independent)
Mr. Smaller has over thirty five (35) years of relevant experience in the financial services industry around the world including Asia and the Middle East and North Africa (MENA) region for over 20 years. Mr. Smaller is presently Managing Director in Emerging Impact, United Kingdom.
In 2006, he helped to create the Middle East's first independent local asset management firms, Algebra Capital which in 2010 was sold to Franklin Templeton. Prior to starting Algebra Capital, he moved to Dubai in 2005 to initiate and manage Deutsche Bank's Asset Management business in the MENA region. Mr. Smaller worked for Deutsche Bank ( DB) prior to that position for 9 years in both London and Hong Kong where he was Head of Emerging Market Equity Sales and Global Sales respectively.
Mr. Smaller started his financial career in Bahrain in 1982 working for Citibank Treasury; he continued to work for Citibank in London, Zurich, Singapore and Sydney from 1984-1989 in the fields of Equity, Debt, Mezzanine Finance and Private Equity. He has been active in Emerging and Frontier Markets since 1989 when he managed Citibank's Asian Equity operation in London which he later enlarged to Global Emerging Markets. He raised financing for the first Pakistan Fund in 1993 and arranged the first trip to Pakistan for Institutional Investors and has been active in the local market ever since. In 1992 he initiated Lehman Brothers' Emerging Market effort in Equities and was the first to introduce institutional investors to the MENA region in 1993. He completed the first privatisation in Morocco in that year and assisted in the development of the MENA equity markets throughout the early 1990's. In 1994 he moved to UBS to Head up Sales for EMEA and continued to be very active in the Middle East, Africa and EMEA. Dan was later responsible for Partnerships at Movement Capital which was the first Crowd Funding Firm designed to support diaspora desirous to invest back home. Dan has an MBA from the University of Chicago and lives in London where he is also active in supporting Ed-Tech in the MENA by providing pre-primary edutainment to children in the region. He sits on a number of Boards and enjoys investing in early stage firms around the world.
- Jacques John Visser(Independent)Jacques John Visser(Independent)
Jacques Visser is presently the Chief Legal Officer of a UAE Government related agency and has more than 20-year experience as a financial services lawyer in a variety of jurisdictions.
He specialized in multi-jurisdictional investment structures, funds, asset management and regulatory matters with particular focus on alternative and emerging markets investment strategies and related M&A transactions. He was the lead adviser on a number of landmark funds and investment structures and deal emanating from Middle East, Asia and Africa over the past number of year.
Prior to taking up his current position, Mr Visser was a National Partner at Dechert LLP in Dubai where he co-headed the firm’s Financial Services Group practice. In that capacity he was listed by The Legal 500 as one of the top three most notable legal practitioners in the Investment fund industry in the UAE and recognized by MENA Fund Manager as one of the top 50 most influential individuals in the investment funds industry in the MENA region. Dechert LLP is globally known for its investment funds and regulatory legal practice in 27 offices around the world and is ranked in the top-tier in both the US and Europe in this regard.
Mr. Visser was also one of the Funding Partners and Managing Director of DIFC-based Algebra Capital, which was sold to Franklin Templeton Investments in January 2011, subsequent to which he served as Executive Managing Director at Franklin Templeton Investment (Middle East) Ltd.
Mr. Visser presently also serves as an advisory board member of a technology start-up in the Middle East and as a director in a healthcare services company in the United Kingdom.
He holds a Master’s degree in Banking and Capital Markets Law and is admitted to practice law in his native Africa since 1995.
- Jamil A. MughalJamil A. Mughal
Mr. Mughal has over 22 years of experience in marketing, public relations and real estate development. He is currently serving as the Chief Marketing, Development & Supply Chain Officer at McDonald’s Pakistan.
Mr. Mughal received his Business Planning Process certification from Hamburger Marketing University, Oak Brook, Chicago and his
Bachelor of Engineering from Mehran University of Engineering & Technology.
He frequently provides professional representation and brand ambassadorship at numerous forums, events and panels. Mr. Mughal has also been a guest speaker on various occasions to academia such as I.B.A, A.M.I & SZABIST Karachi.
Mr. Mughal has travelled across most of Europe, U.S.A, Middle East, Asia, Australia and the Far East on professional career assignments & professional development initiatives.
- Mahomed J. Jaffer(Independent)Mahomed J. Jaffer(Independent)
Mr. Jaffer offers over 51 years of far reaching professional experience in law and financial law and an intimate understanding of corporate Pakistan. Mr. Jaffer has served as Chairman – ICI Pakistan and has in the past been SECP nominee Director of the Karachi Stock Exchange.
Mr. Jaffer has authored several articles, including Arbitration Law in Pakistan 1980, Yearbook Commercial Arbitration; "Islamic Banking in Pakistan", Euromoney, 1988-1989; "Enforcement of Islamic Laws”, Corporate Law and Related Topics in International Construction Law Review etc.
Mr. Jaffer is a Member, Advisory Board, HSBC Bank Middle East Limited, Pakistan Branch; Member, Supreme Court Bar Association and Sindh High Court Bar Association and LAWASIA. He has also spoken at international legal conferences. He is also a visiting faculty of Pakistan Institute of Corporate Governance. He has also served as an alternate member, ICC International Court of Arbitration.
Practice areas of Mr. Jaffer include corporate law; banking and finance; insurance; arbitration; construction law; foreign investment, international trade; mergers and acquisitions and competition law.
Mr. Jaffer received his B.A. (Mod) L.L.B. in 1952 from University of Dublin, Trinity College and Barrister-at-Law in 1954 from Middle Temple, London.
- Zahid Zakiuddin(Independent)Zahid Zakiuddin(Independent)
Mr. Zakiuddin has over 30 years’ experience in corporate and investment banking.
He started his career in corporate banking with Bank of America in 1978, in Dublin and subsequently worked with them in London and Karachi.
Mr. Zakiuddin has spent most of his career with Investcorp Bank in Bahrain which he joined in 1987, soon after the Firm was established. Investcorp is a global alternative investments provider specializing in private equity, real estate and hedge funds. It has offices in London, New York and Bahrain with approximately 350 employees and $16 billion in assets under management. Mr. Zakiuddin’s initial position was as a Principal in the investment analysis and banking relationship group. In 1995, he was promoted to Managing Director, elected as a Member of the Management Committee and moved to the investment placement team. Within the placement team he served in various capacities including Chief of Staff and Head of the Institutional Placement group. His last position before his retirement in 2008 was as the Head of the Placement and Relationship Management team which was responsible for raising client funds totally $2.3 billion in 2007 and $3.5 billion in 2008.
Mr. Zakiuddin has a B.A. in Economics from Columbia University and an MBA with double majors in Finance and Multinational Enterprise from The Wharton School of the University of Pennsylvania.