Bestway Cement Limited
Irfan Sheikh has extensive experience in finance and leadership roles. Irfan began their career in 2002 as the Director Finance & CFO at Bestway Cement Limited, where they managed the finance, treasury, accounting, project finance, and other key functions for both BWCL and other group companies in Pakistan. In 2021, they were promoted to the position of Managing Director at Bestway Cement Limited. Throughout their career, they have also held directorial positions at MAP Rice Mills (Pvt.) Limited, White Pearl Foods (Pvt.) Limited, Bestway Spinning Limited, and Bestway Power Limited. Additionally, they served as a Trustee at Bestway Foundation. During their time at Pakcem Limited, now merged into Bestway Cement Limited, they were the Director Finance & CFO, overseeing the finance, IT, and communications departments.
Irfan Sheikh's education history begins with their time at Crescent Model School in Lahore, Pakistan, from 1973 to 1983. Irfan then attended Forman Christian College in Lahore, Pakistan, from 1983 to 1985, where they studied commerce at the intermediate level. Following that, they enrolled at Hailey College of Commerce, University of the Punjab, Pakistan, from 1986 to 1988, where they earned a Bachelor's Degree in Accounting, Finance & Business Studies. In 1989, they attended the University of West London and completed a Foundation degree in Accountancy. Finally, they joined the Association of Chartered Certified Accountants and completed their education in 1996.
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Bestway Cement Limited
Bestway Cement Limited-BCL, founded in 1992 is a concern of its parent Bestway Group UK and also Pakistan’s largest cement manufacturer with a total production capacity of 15.3million tonnes per annum holding 18.5% national market share in Pakistan and employing over 3,000 individuals. At present, there are eight production lines installed at five locations: Hattar, Farooqia, Chakwal, Kallar Kahar and Mianwali. The Company has set-up a Greenfield cement plant with a capacity of 7,200 tonnes of clinker per day near Paikhel, District Mianwali and another at Hattar for 7,200 tonnes clinker per day. Bestway offers the widest product range by any cement company in Pakistan. The range includes Ordinary Portland Cement-OPC, Early Setting Cement, Low Alkali, Low Heat and Low Chrome Cement, Sulphate Resistant Cement, Lime Stone Cement and Tile bond & Grout. Cement is sold in 25kg, 50kg, jumbo & sling bags and in bulk supplies as well. All production and environment processes are compliant with various international (UNFCC Registration, ISO 9001:2015, ISO 14001:2015, ISO 18001:2007 & ISO 17025:2005) and national standards and is the Winner of Best Exporters Award for several successive years. As part of its strategy to reduce its reliance on the national grid, Bestway Cement has set up Waste Heat Recovery Power Plant (WHRPP) at all five sites Chakwal, Hattar, Farooqia, Kallar Kahar and Mianwali. Bestway is also the first one to replace its water-intensive cooling towers with Air Cooled Condenser (ACC) System at its Chakwal and Kallar Kahar plants saving about 120m3/hr water. The Company took another giant leap and successfully installed Off-grid Captive Solar Power Plants dispersed across all its production facilities at Hattar, Farooqia, Chakwal, Kallar Kahar and Mianwali with a total capacity of 91.47 MWs. This is by far the largest distributed captive solar power generation capacity to date in the entire region and estimated to reach 114.41 MWs by end of 2023.