FR

Feroz Rizvi

Mr. Feroz Rizvi is a Chartered Accountant, having qualified from England & Wales. He has over 42 years of local & international experience in some of the largest companies in the world.

On returning to Pakistan post qualification, he joined ICI Pakistan Ltd, a subsidiary of ICI PLC, one of the largest chemical companies in the world. He left ICI Pakistan Ltd in 1985 and after five years with Petromin Refinery Riyadh, KSA, he re-joined ICI Pakistan in its Polyester Fiber business in Lahore. In 1996 he was seconded to ICI PLC’s headquarters in London. During his secondment, he was involved in ICI PLC’s strategic shift from industrial to consumer & effect chemicals, leading to a major acquisition of four effect chemical companies from Unilever PLC for USD 8 bln, as part of the group’s major strategic priority. In addition, he was also responsible for a number of divestments of ICI PLC’s major industrial chemical businesses in accord with the group’s strategic move. Back in Pakistan after secondment, he completed the demerger of ICI Pakistan’s Paints and PTA businesses into separate listed companies, leading to the sale of the latter to Lotte (a Korean conglomerate) and the former’s transfer to Akzo Nobel. In ICI Pakistan he also implemented the state -of -the -art SAP ERP system across the group. He retired from ICI Pakistan Ltd as CFO & Finance Director.

Mr. Rizvi has extensive experience in corporate & financial strategy, taxation, corporate governance, restructuring and mergers & acquisitions. He has also been COO of the Institute of Chartered Accountants Pakistan and CEO of Pakistan Institute of Corporate Governance, where he developed and implemented a number of specialized training programs for senior executives in addition to the Institute’s flagship program, the Directors Training. Beside ICI Pakistan Ltd, he has been a board member of Pakistan PTA Ltd, Faysal Asset Management Ltd and Atlas Insurance Ltd. Currently he is on the Boards of Engro Chemicals and Polymer Ltd, Pakistan Oxygen Ltd and Honda Atlas Motors Pakistan Ltd. He is an alumni of INSEAD France and Wharton Business School and lectures on corporate governance, business strategy and related areas to Board members and other senior executives.