Mr. Khawaja Iqbal Hassan

Member Board of Directors

Khawaja Iqbal Hassan was appointed as an Independent Director on the Board of Lucky Cement Limited on October 20, 2021.

Mr. Hassan holds a diploma in Accountancy from the United Kingdom and a BSc in Finance and Marketing from University of San Francisco, graduating cum laude in 1980. He began his career with Citibank N.A. and in 1994 co-founded Global Securities Pakistan Limited, a former joint venture partner of UBS AG and a leading stockbroking and investment banking firm. In 2003, he founded NIB Bank Limited in partnership with Temasek Holdings of Singapore, which became one of Pakistan’s top-ranked commercial banks within four years. He served as Chief Executive Officer of both institutions.

He currently serves as a Director on the Board of Y.B. Holdings, a holding company of the Yunus Brothers / Lucky Group. He is also a Trustee on the boards of the Karachi Grammar School, the Layton Rahmatulla Benevolent Trust, and the Hassan Foundation. He serves as Chairman of the Advisory Committee of Development Corporation Advisers, a wholly owned subsidiary of British International Investment (formerly CDC Group plc), the development finance institution of the United Kingdom.

Mr. Hassan was nominated by the Government of Pakistan as a Member of the Monetary Policy Committee of Pakistan and as a Board Member of the State Bank of Pakistan. He has also served on the boards of Lucky Core Industries, Engro Corporation Limited, the Civil Aviation Authority of Pakistan, Pakistan Steel Mills Limited, Habib Bank Limited, NIB Bank Limited, National Fullerton Asset Management Company Limited, UBS / Global Securities Pakistan Limited, Citicorp Investment Bank Pakistan, The Pakistan Fund, Lahore University of Management Sciences, the Central Depository Company of Pakistan Limited, and the Pakistan Centre for Philanthropy.

Mr. Hassan is a former Vice Chairman of the Pakistan Banks’ Association and has served as Chairperson of the Banking Sector Committee on the reform of Pakistan’s Banking Companies Ordinance. He has also been a member of the Prime Minister’s task forces on foreign exchange reserves management, corporate tax reform, and capital markets reform.

In 2007, he was awarded the Sitara-i-Imtiaz by the Government of Pakistan for meritorious contributions to national interests.