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Board and its Committees

Profiles of Board of Directors

Mr. Tariq Moinuddin Khan, Chairman of OBS Group, has over 31 years of broad based healthcare experience. Under his oversight, OBS has emerged as a partner of choice for multinational pharmaceutical companies willing to work in Pakistan. He is the Honorary Consul General of Netherlands in Karachi, Secretary General of World Federation of Consuls, Brussels for Pakistan Chapter, Former President of Pakistan Sri Lanka Business Forum to promote trade between the two countries and Member of ASPEN Institute (USA).


Following a successful career with leading companies in Canada and subsequently with Saudi Royal family, he joined Organon Pharma B.V. (OBS) (now part of Merck & Co. Inc. USA) in 2000. Later, he was based in KSA and served as Managing Director, Organon Pharma B.V. (OBS) for KSA and Pakistan. In 2006, he did a management buyout of Organon Pharma B.V. (OBS) followed by acquisition of Merck Sharp & Dohme (MSD) Pakistan business, Schering Plough Pakistan business, MSD Srilanka Operations, AGP Pvt. Ltd. and Johnson and Johnson’s Pharmaceutical Division, Janssen Pharma’s Pakistan operations.


He is a graduate of the Concordia University, Montreal Canada and has a Post Graduate Diploma in Public Accountancy (GDPA) from McGill University. He is also a Certified Management Accountant from Ontario Canada and Certified Public Accountant from California, USA.

Mr. Naved Abid Khan brings along with him over 31 years of work experience with 28 years of broad based banking experience. He is currently serving as Chairman & Chief Executive of Sharmeen Khan Memorial Foundation & Chairman Pakistan Microfinance Investment Company. He is also a Board Member of Karachi Shipyard and Engineering Works, Dubai Islamic Bank, NRSP Microfinance Bank Limited, Saif power, Board of Investment, Galiyat Development Authority, Naymat Collateral Management Company Limited, Bahria Foundation and Gas & Oil Company Pakistan.


During his career, he has served as the President & Chief Executive Officer of Faysal Bank Limited, ABN Amro Bank Pakistan Limited, President of Overseas Investors Chambers of Commerce and Industry, Chairman of Pakistan Banks Association, Faysal Asset Management Limited, Academic Board of Institute of Bankers Pakistan, President of Rotary Club of Karachi Metropolitan, Vice President of Institute of Bankers Pakistan and Member of the Institute of Bankers’ Council. He also served at senior key positions in Bank of America, Pakistan.


He holds a Bachelor of Science Degree from Indiana University, USA and a Master of Business Administration degree from Butler University, USA.

Mr. Zafar Iqbal Sobani brings with him around forty years of experience of working in the manufacturing, power sector and audit profession in Pakistan and in the Middle East. Currently, he is on the Board of Privatization Commission, Zephyr Power (Private) Limited, TRG (Pakistan) Limited, Primus Leasing Limited, IT Minds and Fauji Cement Limited. During his career, he has worked with House of Habib in the areas of New Project Development and Real Estate Management. He also leads the power sector of the Country as CEO of Hubco Pakistan and CEO of Liberty Power Tech. Majority of his career was spent with Century Paper & Board Mills Limited, a part of Lakson Group overseeing various business activities. He has been the President of Institute of Chartered Accountants of Pakistan (ICAP) and served actively in council and regional committee in various capacities. He worked with A.F. Ferguson (PWC) in Pakistan and Ernst and Young, Kingdom of Saudi Arabia.


He held the position as Chairman of Quality Control Board of ICAP overseeing quality of auditing profession for nine years and Member of the Managing Committee of Overseas Investors Chamber of Commerce and Industry. He is the Sponsor Director of Pakistan Institute of Corporate Governance and holds Certification as a trainer of Corporate Governance by IFC.


He obtained qualification of Chartered Accountancy and Cost & Management Accountancy in early eighties.

Mr. Kamran Nishat is currently the Managing Director & Chief Executive Officer of Muller & Phipps Pakistan (Private) Limited. He is also serving in the capacity of Chief Executive Officer at M&P Express Logistic (Private) Limited, M&P Logistic (Private) Limited, Logex (Private) Limited, Tech Sirat (Private) Limited, Veribest Brands Pakistan (Private) Limited and Tech Sirat Technology (Private) Limited. He holds the rich professional experience in different sectors for more than 35 years. He is serving as the Independent Director at the Boards of Dawood Hercules Corporation Limited and Cyan Limited. He is serving as Director at the Board of Briogene (Private) Limited.


He is currently a member of Executive Committee and Chairman of Finance & Taxation subcommittee at the American Business Counsel. He has served as past president of American Business Counsel as well. Recently, he is serving his contributions at the National Skills University Islamabad as the member of the Advisory Council. In past, he served as the Member of Accounting and Auditing Standards Committee (South) of the Institute of Chartered Accountants of Pakistan (ICAP), Information Technology Committee (South) of the ICAP and Management Association of Pakistan.


He is a Chartered Accountant and a fellow member of ICAP.

Mr. Mahmud Yar Hiraj has over 19 years of professional experience in private equity, principal investments and investment banking. He is a founding partner and a member of the Investment Committee at Baltoro Capital, a leading private equity firm. Prior to Baltoro, he was the Head of Principal Investments at Bank Alfalah & held leading roles at Dhabi Group with representation on Investment Committees and boards of various portfolio companies. Mr. Mahmud Yar Hiraj has worked at leading global financial institutions and investment banks in US, UK and Canada. He started his career at the investment banking division of Salomon Smith Barney (Citigroup) in New York before moving to London to join Citigroup’s Financial Sponsors Group where his clients included leading global private equity firms. His other experiences include executive positions at J.P. Morgan and Scotia Capital in North America, where he advised various leading Fortune 500 Companies and sponsors on mergers and acquisitions and capital market fundraising and restructuring transactions.


Mr. Mahmud Yar Hiraj holds an MBA from Yale University and a BA from McGill University

Ms. Nusrat Munshi has over 30 years of broad based experience in banking and pharmaceutical sector. She is the Managing Director and CEO of AGP Limited and also serves as director on the Board of OBS Healthcare (Private) Limited, Aspin Pharma (Private) Limited and OBS Green (Private) Limited. She joined AGP Limited in June 2007 and worked as Director of Finance, Information Systems and HR prior to her elevation as the Managing Director in She successfully steered the Company during the critical process of change in ownership in 2014 after which the Company has emerged much stronger with long term horizon. She started her career with the Banking Industry and has experience of over a decade in Treasury, Corporate and Credit. She has also worked with HSBC Canada and was the Regional Corporate Head at HSBC, Pakistan before joining AGP Limited.


She holds a BBA (Hons) and MBA from the Institute of Business Administration and a second MBA from the Queens University, Canada.

Mr. Muhammad Kamran Mirza brings with him over 14 years of experience of Financial Markets focused primarily on Sell-side and Buy-side Investment Advisory. Prior to joining OBS Group in 2018, he was part of JS Bank Limited as Executive Vice President and Head of Investment Banking Group where he advised corporates on mergers, acquisitions, divestitures, debt and equity capital market transactions with a focus on pharmaceutical, microfinance, logistics, financial services and industrial sectors.


He joined JS Bank in 2007 as an analyst and due to his entrepreneurial mindset and ability to steer the franchise to deliver strong performance through the cycles, he rose to a position of Head of Investment Banking in a very short span of time. Prior to joining JS Bank, he had a short stint with a leading telecom company as Projects Management Executive. A certified director from Pakistan Institute of Corporate Governance, he is currently serving as a Board Member of AGP Limited, OBS Healthcare (Pvt.) Limited, Aspin Pharma (Pvt.) Limited, Home Medics (Pvt.) Limited, OBS AGP (Pvt.) Limited and other OBS Group companies. He was also on the Panel of Experts of the Listing Committee of Pakistan Stock Exchange.


He holds an undergraduate degree in commerce with a gold medal and is an MBA graduate from the Institute of Business Management (IoBM).

Audit Committee

Mr.  Zafar Iqbal Sobani – Chairman

Mr.  Kamran  Nishat

Mr.  Mahmud  Yar  Hiraj

Mr.  Muhammad  Kamran  Mirza

Strategy Committee

Mr. Kamran Nishat – Chairman

Ms. Nusrat Munshi

Mr. Mahmud Yar Hiraj

Mr. Muhammad Kamran Mirza

Human Resource and Remuneration Committee

Mr.  Naved Abid Khan –  Chairman

Mr.  Kamran Nishat

Ms.  Nusrat  Munshi

Mr.  Mahmud  Yar  Hiraj

Mr.  Muhammad  Kamran  Mirza