Notice of Annual General Meeting to be held on 28 October 2025 Read More

Facade of a modern concrete office building against a clear sky

Governance

The Board of Directors and its committees oversee the Company's strategy, risk management and compliance with the requirements of the Securities and Exchange Commission of Pakistan.

Leadership

Board of Directors

The Board comprises executive, non-executive and independent directors.

Mr. Nadeem Saulat Siddiqui

Mr. Nadeem Saulat Siddiqui

Chairperson

Ms. Huma Khurram Rashid Paracha

Director / Chief Executive Officer

Mr. Kanwar Adeel Zaman

Director

Mr. Muhammad Siddiq Khokhar

Independent Director

Mr. Muhammad Sohail

Non-Executive Director

Mr. Aamir Nazir Dhedhi

Non-Executive Director

Ms. Uzma Piracha

Independent Director

Officers of the Company

Mr. Syed Haris Ahmed
Company Secretary
Mr. Faisal Kasbati
Chief Financial Officer
Mr. Muhammad Gulraiz
Head of Internal Audit

Profiles

Director profiles

Background and experience of the directors associated with AKD Hospitality Limited.

Mr. Nadeem Saulat SiddiquiChairperson

Mr. Nadeem Saulat is a certified director and has served as Chairperson of the Board of Directors at AKD Hospitality Limited. An experienced executive with a demonstrated history of working in the investment management industry, he is skilled in negotiation, public relations, business planning and analytical work, with a background in banking. He holds a Master of Business Administration focused in Marketing and Sales from the College of Business Administration.

Ms. Huma Khurram Rashid ParachaChief Executive Officer

Ms. Huma holds a Master of Business Administration from the Institute of Business Administration (IBA) and has attended conferences outside Pakistan. She has local and international work experience, including as Head Coordinator at Imam University in Riyadh, Saudi Arabia. Her skills include marketing, business management, business planning, people management, training and motivational coaching. She is passionate about social welfare, especially in the education sector, and has volunteered with The Citizens Foundation.

Mr. Kanwar Adeel ZamanDirector

Mr. Kanwar Adeel Zaman has over seventeen years of experience in administration, finance and business management. He has served in national and international organisations in Pakistan and the UAE and works as an independent freelance consultant offering services in legal, account and audit, and system stress testing and user acceptance testing. He has taken training courses at the Centre for Executive Education (IBA) and the Institute of Security Management and Research. He is a certified director and has served as a member of the Audit Committee and the Risk Management Committee of AKD Hospitality Limited.

Mr. Muhammad Siddiq KhokharIndependent Director

Mr. Muhammad Siddiq Khokhar holds Master's degrees in Economics and Islamic Studies and an LL.M. from the University of Karachi. He is a member of the Karachi Bar Association, enrolled with the Sindh Bar Council, and an Advocate of the High Court practising in civil, criminal, corporate and labour matters. He attained the position of Senior Economist at PCSIR, Ministry of Science and Technology, Government of Pakistan. He is a certified director under the corporate governance requirements, and has served as Chairperson of the Audit Committee and the Risk Management Committee and a member of the Human Resources Committee of AKD Hospitality Limited.

Mr. Muhammad SohailNon-Executive Director

Mr. Sohail is a businessman with more than thirty years of experience in real estate, from land development to the construction and renovation of buildings and the sale or lease of the finished product to end users. He specialises in real estate valuation and identifying undervalued properties, assessing a property on its economic value and cash flows as well as its physical nature, location and improvements. He has completed numerous real estate projects in Pakistan and overseas. He holds an LL.B., and has served as a member of the Risk Management Committee of AKD Hospitality Limited.

Mr. Aamir Nazir DhedhiNon-Executive Director

Mr. Aamir is a businessman currently focusing on copper, gold and lithium mining and processing using locally available workforce and technology. He began dealing stocks at the Karachi Stock Exchange at the age of fourteen and became the youngest agent at the KSE. He has served as a director at the board of Friendly Securities and at AKD Hospitality Limited, and as a member of the Audit Committee and the Human Resource and Remuneration Committee. He has also run an import and export business, mainly in consumer goods.

Ms. Uzma PirachaIndependent Director

Ms. Uzma Piracha is an Independent Director with over fifteen years of experience in administration, finance and management. She passed the Central Superior Services (CSS) examinations and served as Assistant Commissioner in Jamshed Town and SITE Town in Karachi, as Deputy Director in government organisations, and with the Asian Development Bank as Section Officer. She has attended training courses at the International Finance Corporation and Habib University. She is a certified director and has served as Chairperson of the Human Resource and Remuneration Committee of AKD Hospitality Limited.

Board committees

Committees of the Board

Committees constituted by the Board to strengthen oversight and internal controls.

Audit Committee

  • ChairMr. Muhammad Siddiq KhokharIndependent director
  • MemberMr. Aamir Nazir DhedhiNon-executive director
  • MemberMs. Uzma PirachaIndependent director
  • SecretaryMr. Muhammad GulraizHead of Internal Audit

Human Resource and Remuneration Committee

  • ChairMs. Uzma PirachaIndependent director
  • MemberMr. Aamir Nazir DhedhiNon-executive director
  • MemberMr. Muhammad Siddiq KhokharIndependent director

Risk Management and Sustainability Committee

  • ChairMr. Muhammad Siddiq KhokharIndependent director
  • MemberMr. Kanwar Adeel ZamanNon-executive director
  • MemberMr. Muhammad SohailNon-executive director

Management Committee

  • ChairMs. Huma Khurram Rashid ParachaDirector / Chief Executive
  • MemberMr. Faisal KasbatiChief Financial Officer

Risk oversight

How risk is managed

The framework and threat map the Board uses, as published in the FY2025 annual report.

Diagram of the Company's risk management framework: risk-reward strategy, risk governance, risk management process and risk assurance, leading from strategic objectives to risk-informed decisions

Our risk management framework

Four layers run from strategic objectives through to risk-informed decisions. Reproduced from the FY2025 annual report, page 66.

Wheel diagram of emerging threats and risk drivers grouped into market, social and geo-political, technology, and financial, legal and regulatory quadrants

Emerging threats and risk drivers

Threats mapped by category and time horizon, from imminent to beyond two years. Reproduced from the FY2025 annual report, page 69.

Disclosures

Shareholding, elections & diversity

Shareholding Pattern

Annual pattern of shareholding as filed with the regulator.

Election of Directors

Notices, director profiles and shareholder lists relating to the election of directors.

For the password, please contact Mr. Syed Haris Ahmed, Company Secretary, at info@akdhospitality.com or (92-21) 35302963.

Gender Diversity

AKD Hospitality Limited is committed to maintaining a diverse and inclusive workplace. The Company reports on gender diversity in line with the requirements of the Securities and Exchange Commission of Pakistan, including the gender pay gap statement issued under Circular 10 of 2024.