Director's Profile

Our company's decision-making and supervisory process is based on the highest standards of governance, transparency, and accountability. Under such policy, the Board of Directors (BOD) governs the strategic financial decisions, administers the performance of management, sets corporate management policies, and makes strategic decisions on business execution.

A qualified and committed team of Directors is essential for organizations’ success. FPM's Boards of Directors (BOD) composed of four Non- Executive Directors, one Executive Director and Two Independent Directors.





Mr. Tanveer Ahmed Magoon

Chairman and Director, First Paramount Modaraba

Mian Tanveer Ahmed Magoon is a well-known and respected personality among business community and other segments of Pakistani society. He is a businessman, educationist and philanthropist, all in one personality. After completing higher education in business, in 1967, he achieved advance diploma in Leather technologies from National Leatherseller’s College, London and returned to Pakistan to lay foundation of Shafi Group of Companies with his associates. He served as director of Shafi group from 1967 till 2008, when he was elected to become Chairman of the group. For his profound understanding of Leather industry, he was elected as Vice Chairman of Pakistan Tanners Environment Society and served from 1998 till 2015. Currently, he is the Chairman of Pakistan Tanners Association (South Zone) since 1996. Mr. Magoon was an important and influential part of new management that took over operations of First Paramount Modaraba in 1997. Since then, he has been serving as director and chairman of the board of FPM. He has played a pivotal role in keeping the true spirit of true Islamic financial institution alive in FPM, by introducing desirable financial instruments of Musharakah, Modaraba, etc. Mr. Magoon is mentoring under directorial and presidential capacities, for different business and non-business organizations such as Pakistan Business Forum – Chairman since 1995; Green Crescent Trust – Managing Trustee since 1995; Institute of Policy Studies (IPS) – Director from 2000 till 2016; Al-Hamra Housing Society – President from 2009 to 2011 and Karachi Cooperative Housing Society Union – Director from 2001 to 2016.




Syed Wajih Hassan

CEO

Mr. Hassan has more than twenty years of financial and banking experience involving Business Development, Corporate Finance and Credit and Risk Management Services. During his proficient career, he has been associated with various institutions such as ABN AMRO Bank N.V, Network Television Marketing, International Credit Information Limited (ICIL). He has conducted several specialized trainings and assignments in Banking, Finance, AML, Islamic Finance and Audit. Mr. Hassan brings with him diversified experience in Financial Management & Corporate Finance. Mr. Hassan is Fellow Member of Institute of Chartered Accountants of Pakistan (ICAP), Associate Member of Corporate Institute of Secretaries and Associate Planner of BCI England.




Mrs. Shahida Tanweer


Director


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ATBA WAHEED FAROOQUI

Independent Director

Mr. Atba Waheed Farooqui is an accomplished business leader with over three decades of diversified experience in the chemical industry. He brings deep expertise in strategic leadership, business development, sales management, and corporate governance, acquired through senior leadership roles within leading multinational organisations. He holds a Master of Science (MS) in Applied Chemistry from the University of Karachi, providing a strong technical foundation that complements his extensive commercial and managerial experience. Currently, Mr. Farooqui serves as a Director at Atzaa Dispersion, where he oversees overall business operations, strategic direction, client engagement, and product development in the dispersion and colour solutions segment. Previously, he served in senior country-level leadership roles within multinational organisations, leading national operations and business development initiatives and driving growth across key industrial accounts. Over the course of his career, he has held progressively responsible positions, including Country Head, Head of Business, Board Member, Sales Manager, and Country Sales Manager, with responsibilities encompassing profitability management, market expansion, strategic planning, nationwide sales operations, and board-level decision-making. Mr. Farooqui’s extensive industry exposure, strategic insight, and leadership experience enable him to contribute effectively at the board level, supporting sound governance, sustainable growth, and long-term value creation.




Mr.Abrar Ahmed

Director

Abrar Ahmed s/o Tanveer Ahmed is a Lahore based dynamic industrialist known for his integrity and strategic planning. Mr. Abrar has been serving Shafi Reso Chem Pvt. Limited which is a group company of Siddiq Shafi Group (Urban Sole, Siddiq Leathers and Siddiq Farms) for almost two decades as Managing Director. He is a well versed business man who is affiliated with top industry associations including Lahore Chamber of Commerce, Pakistan Chemical Manufacturers Associations and other welfare societies including Green Cresent trust(member, board of trustees),AFAQ Association for Academic Quality (member, Board of Directors), institute of Policy studies (member, board of Directors).




Habib Ahmed Navaid

Independent Director

Habib Navaid is serving as an Independent Director on the board of Paramount Investment Limited. He is also the owner and CEO of Dolitso Pakistan. Born and raised in Karachi, Habib obtained his B.Pharm from the University of Karachi in 1983, and an MBA in Marketing and Strategic Planning from the University of Baltimore in 1988. Habib has had about thirty years of corporate experience, having worked in various pharmaceuticals such as Sterling Health, Sterling Winthrop, Pharmatec and Otsuka Pakistan, in different areas including marketing, sales, distribution, new projects, and training. He has undertaken various projects during his corporate journey from product launches and feasibility studies, to people audits, where he assessed the strengths and capabilities of employees to determine their accurate placement to enhance productivity. Habib has also served as Alternate Director for various Japanese individuals during his tenure in Otsuka. He has also lectured at multiple educational institutions on various topics and pharma concerns.




Mr. Nadeem Iqbal Advocate

Director - First Paramount Modaraba

Mr. Nadeem Iqbal is serving as a Director on the board of Paramount Investment Limited. Mr. Iqbal has more than thirty years experience in Tax consultancy. During his proficient career, he has been associated with various institutions such as Qurtaba City, Faran Club International. He has worked with several national and international clients. Mr. Iqbal is LLB from University of Karachi.