Waqar Ahmed Malik

Joined the Board on April 09, 2020


Mr. Waqar Malik is the Managing Director and Chief Executive Officer of Fauji Foundation. He is also serving as Chairman on the Boards of following companies:


  • Askari Bank Limited
  • Askari Cement Limited
  • Daharki Power Holdings Limited
  • Fauji Akbar Portia Marine Terminals Limited
  • Fauji Cement Company Limited
  • Fauji Fertilizer Bin Qasim Limited
  • Fauji Fresh n Freeze Limited
  • Fauji Infraavest Foods Limited
  • Fauji Kabirwala Power Company Limited
  • Fauji Oil Terminal and Distribution Company Limited
  • Fauji Trans Terminal Limited
  • FFBL Power Company Limited
  • FFC Energy Limited
  • Foundation Power Company Daharki Limited
  • Foundation Wind Energy-I & II Limited
  • Mari Petroleum Company Limited
  • Pakistan Maroc Phosphore SA Director
  • Pakistan Mobile Communications Limited Director
  • Pakistan Oxygen Limited
  • Rafhan Maize Products Company Limited Director


Mr. Malik’s corporate & business experience spans over 30 years with Fortune 500 companies across three continents. A specialist in Strategy, Corporate / Business leadership and Board Governance. His professional experience includes managing and leading businesses in the petrochemicals, consumer and the life sciences industry, and leading large and complex manufacturing-based operations as well as M & A activities. His career with the ICI Pic group based in the UK and then Akzo Nobel in the Netherlands provided him opportunity to work in Europe, the largest foreign investment in the chemical sector. For over 10 years, he served as the Chief of Lotte Pakistan limited.


Outside his career his engagements been: Chairman of Sui Southern Gas Company Limited and Noesis (Private) Limited, Member of Board of Central Bank of Pakistan, Board of OGDCL and Karachi Port Trust and Directorship of IGI Insurance Limited, ENGRO Corp, Engro Polymer chemicals Limited and TPL Direct Insurance.


He remained President of Overseas Investors Chamber of Commerce & Industry, MAP, Director Pakistan Business Council, Trustee of LUMS, Duke of Edinburgh Trust, The Indus Valley School of Art & 1-care Pakistan.