Waqar Ahmad Malik

Non-Executive & Independent Director at Rafhan Maize Products Co Ltd

Mr. Malik Joined the Rafhan Board on August 23, 2021. He is a fellow of the Institute of Chartered Accountants in England and Wales and is also an alumnus of the Harvard Business School and INSEAD. Presently, Mr. Waqar Ahmed Malik is engaged with Fauji Foundation as Managing Director and Chief Executive Officer since 9th April 2020. Earlier, his career with The ICI Plc Group based in the UK spanned over 27 years and then later with AkzoNobel N.V. based in The Netherlands. For nearly 10 years, he served as the Chief Executive Officer of ICI Pakistan Limited and also the Chief Executive Officer and Chairman of Lotte Pakistan Limited (formerly Pakistan PTA Limited). Earlier, Mr. Malik also served on the following prestigious boards as Non-Executive & Independent Director: Pakistan Petroleum Limited, Engro Corporation Limited, Standard Chartered Bank Pakistan Limited, Engro Polymer and Chemicals Limited and TPL Insurance Limited. He has been playing an instrumental role in development of Pakistan’s Regulatory System as well as for the advocacy to undertake economic reforms. Mr. Malik is also a member of the visiting faculty of Pakistan Institute of Corporate Governance, Former Member of Board of Governors of Lahore University of Management Science (LUMS) and Former Member of Board of Indus Valley School of Arts. He participated actively in social and philanthropic activities through I – Care Foundation, as a Trustee.


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