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Profile of Board of Directors

Mr. Zakria Usman


Mr. Zakria Usman currently involved in M/s.Jakkey Traders Company for Imports & Exports since 1976 specially Plastic Machines & Raw Materials, SITE Karachi as a proprietor. He is also a Managing Director at ACME MILLS (PVT) LTD. A-3, SITE Karachi,Textile Weaving Industry, Manufacturing of Home Textile.

He is a Partner at PERFECT ENGINEERING WORKS (A Unit of Manufacturing Plastic House hold & Thermo ware Product), PERFECT MULTIPLE INDUSTRIES (A unit of Manufacturing Door Skin) and Map Panel & Board – Lamination Unit of Wood.

Mr. Zakria Usman has completed Textile Engineer From W.Germany. Acquired Training with International Firm like BASF, BAYER, FAMATEX, KARL MAYER & RUTI OF EUROPE. Also Associate Engineering Diploma from Karachi Polytechnic in 1968.

Mrs. Asma Aves Coachinwala


Mrs. Asma Aves Coachinwala has completed her graduation from University of Karachi. She has completed her internship in Central Depositary Company Limited (CDC). She is currently managing family businesses.

Ms. Darakshan Abdul Ghani


Ms. Darakshan Abdul Ghani has completed her graduation and is now currently pursuing her career in the field of accounts as Association of Chartered Certified Accountant (ACCA). She has completed her internships in Central Depositary Company Limited (CDC), Hum Television Network and A.F Ferguson And Company as an audit trainee. Furthermore, she has achieved Academic Excellence Award 2009.

Mr. Haroon Askari


He had completed his graduation in Science from Karachi University with a post graduate diploma holder in Business Administration from the Institute of Business Administration, Karachi.
He is an experienced financial markets professional with 30 years of experience while he served to Pakistan Stock Exchange Ltd, throughout his professional career, Mr. Haroon has contributed in various segments of financial markets including but not limited to formulation of securities markets regulation and supervision mechanisms, derivative markets, central depositories, clearing systems, government securities markets and investment advisory.
He also have diversified Exposure in multiple areas of the industry specially Capital Market Information Technology (IT) related areas i.e.; hardware & Software procurement, HR Operation like Labor Union (CBA) affairs, he also have vast experience with real estate industry in Pakistan, England (UK) and United State of America-(USA).He had also joined Pakistan’s first Capital Market TV Channel Sun TV as CEO in 2004.

Director Ship:
As Chief Executive Officer he served to the Pakistan Stock Exchange Limited-Formerly Karachi Stock Exchange Ltd (2017 – 2018)

Mr. Muhammad Salman Hussain Chawala


Mr. Salman Husain Chawla holds a Master’s degree in Business Administration from IBA-Karachi and also Member of Institute of Corporate Secretaries Governance (PICG). Salman has over 15 years of experience in various sectors which includes Pharmaceutical, Agriculture, Chemicals, Engineering and Financial Sectors. He has played key role in Business Development, Corporate Governance, Corporate Affairs, and General Management. He is currently associated with NIT Unit Trust and is also representing the organization on a member of Boards. He is also a Certified Director from Pakistan Institute of Corporate Governance (PICG).
1. ZIL Limited
2. Bolan Castings Limited
3. United Distributors (Pakistan) Limited

Mr. Muhammad Siddiq Khokhar


Mr. Muhammad Siddiq Khokhar holds Master Degrees in Economics and in lslamic studies. Also acquired L.L.M. Degrees from Karachi University. He is the Members of Karachi Bar Association and enrolled with Sindh Bar Council. He is an Advocate High Court and practicing in the field of Civil, Criminal, Corporate and Labour matters.
He has gained extensive experience in the area of Finance, Economics, Management and legal matters and attained the position of SENIOR ECONOMIST; in PCSIR Ministry of Science and Technology; Government of Pakistan. He is well known critic on finance, accounts and various appraisals in the corporate world. Mr. Muhammad Siddiq Khokhar is the certified director by Securities and Exchange Commission of Pakistan and Institute of Chartered Accountant of Pakistan as required under corporate governance.

1. Golden Arrow Selected Stock Fund Limited.
2. Javedan Corporation Limited.
3. First Dawood Investment Bank Limited.
4. Apna Microfinance Bank Limited.

Mr. Suleman Lalani


Mr. Suleman Lalani joined Jahangir Siddiqui & Co. Limited (JSCL) on March 1, 2012 as Chief Executive Officer. Prior to joining JSCL he was Executive Director Finance & Operations and Company Secretary of JS Investments Limited where he served as CFO and Company Secretary for seven years.
Mr. Lalani started his career with JSCL in 1992 where he worked for over eight years. In year 2000 he was promoted to the position of Chief Operating Officer of Jahangir Siddiqui Investment Bank Limited, a subsidiary of JSCL. In January 2002 he joined The First MicroFinance Bank Limited as its Chief Financial Officer and Company Secretary.
Mr. Lalani is a Fellow member of the Institute of Chartered Accountants of Pakistan and has 20 years of experience in the financial services sector. He has also completed the Board Development Series Certificate Program conducted by the Pakistan Institute of Corporate Governance.

JS Investment Limited
BankIslami Pakistan Limited
TRG Pakistan Limited

Mr. Shahid Hussain Jatoi


Mr.Shahid Hussain Jatoi is a Law Graduate from University of Karachi. He has a vast exposure and having core expertise in Direct & in direct Taxation which he gained during his long tenure with Federal Board of Revenue (FBR) at various Key Positions he also have a great exposure of detection of Corruption while his attachment with Federal Investigation Agency-(FIA) he also served to the Ministries of Finance & Revenue and Overseas Pakistani& Divisions.
Director Ship:
1. Service Industries Limited
2. Shezan International Limited

Mr. Asim Ghani

Chief Executive Officer

Mr. Asim Ghani is currently serving as the CEO of the Company. He has done MBA in Finance. He is also a member of Pak – Bulgaria Business Council (FPCCI).
He was a chairman of Pakistan Ethanol Manufacturers Association from 2017 to 2019 and Pakistan Sugar Mills Association (Sindh Zone) from 2016 to 2019.

Audit committee

Mr. Haroon Askari– Chairman
Mr. Zakaria Usman – Member
Mrs. Darakshan Zohaib – Member
Mrs. Ms. Asma Aves Cochinwala – Member
Mr. Muhammad Salman Husain Chawala – Member

Management Team

Chief Executive Officer – Mr. Asim Ghani
Company Secretary – Mr. Zuhair Abbas
Chief Financial Officer – Mr. Samir Hajani
Head of Internal Audit – Mr. Suhaib Afzal
Head of Admin and Human Resource – Mr. Mohammad Azim-Ud-Din Qureshi
Head of Procurement – Mr. Shabbir Hussain
General Manager Plant Mirwah – Mr. Ghulam Muhammad Soomro
General Manager Production Mirwah – Mr. Arif Hussain
General Manager Mechanical Mirwah – Mr. Umer Bozdar
General Manager Operation Dhabeji – Mr. Aves Coachinwala

Human Resource and Remuneration Committee

Mr. Haroon Askari – Chairman
Mr. Zakaria Usman – Member
Mr. Asim Ghani – Member
Mr. Muhammad Siddiq Khokhar – Member
Mr. Shahid Hussain Jatoi – Member
Mr. Suleman Lalani – Member


Mr. Muhammad Salman Hussain Chawala – Chairman
Mr. Muhammad Siddiq Khokhar – Member
Mrs. Darakhsan Zohaib – Member
Mr. Asim Ghani – Member

Statement of Ethics and Business Practices

AL-ABBAS SUGAR MILLS LIMITED is aiming to produce high quality product and provide service to its customers with transparency and professionalism. We also try to ensure and safeguard the interests of all stakeholders.

Following principles from the basis for the above statement:

Quality Products
We care about quality of our product and try to compete nationally and internationally.
We always try to update ourselves with introduction of new technology and promote culture of change of in our company.
We maintain highest degree of technical standards.

Dealing with employees
We try to recognize and reward all of our employees for their performance.
We provide very friendly working atmosphere for all our employees and treat them as family members.
All employees are treated uniformly according to their organizational status.

Compliance with the law of country

We always adhere to the prevailing laws. Utmost care is taken by us to discharge all our legal responsibilities.

Internal control and financial reporting:

We have implemented a very sound and reliable internal control system in our organization, which is well understood by all of our employees and parties dealing with us.
Financial planning is a core activity of our system through which we ensure efficient and effective utilization of financial and human resources.
Financial reporting system employed by us is very effective and transparent and is being relied upon by society at large.

Dealing with our suppliers and service providers:

We only purchase from very reliable parties, acquire service of competent people and ensure to safeguard their interests by taking all necessary steps in dealing with them strictly on fair basis.
We always try to build confidence, reliability and trust by ensuring fulfillment of our commitments with suppliers and service providers.

Goal of the company:

We always strive to produce high standard products whether it is for local or international markets.
We provide reliable information to our business partners.
We keep our assets in superfine condition and safeguard them from all possible risks.

Name and Address of Auditor

BDO Ebrahim & Co. Chartered Accountants; 2nd Floor, Block-C, Lakson Square, Building No.1, Sarwar Shaheed Road, Karachi-74200, Pakistan

Name and Address of Cost Auditor

UHY Hassan Naeem & Co. 402 Progressive Centre, 30-A, Block 6, P.E.C.H.S. Shahrah-e-Faisal, Karachi.

Legal Advisors

Mohammad Naseem & Co. Advocate
Hafeez Pirzada Law Associates
Usmani & Iqbal
Ch. M. Ashraf Khan
Mr. Abdul Rahim Lakhani
Siddiqui & Raza
ORR. Dignam & Co
M/s Khalid Anwer & Co