Governance

Founder of Kohat Textile Mills Limited

Begum Kulsum Saifullah Khan

Kohat Textile Mills Limited was established by Late Begum Kulsum Saifullah Khan in 1967. She was a prominent figure in Pakistan known for her distinguished services in the corporate, social, and political spheres. With strategic vision and business insight, she established the foundation for what would later become the renowned Saif Group, making a lasting impact on the business world. She was chairperson of the Saif Group of companies from 1964 to 1990.
Saif Group is one of the leading business conglomerates of Pakistan in the fields of textiles, power generation, healthcare, real estate, oil and gas exploration and software industries. Begum Kulsum Saifullah Khan was a founding member of the All Pakistan Women’s Association (APWA) and served as an advisor to its founder, Begum Ra’ana Liaquat Ali Khan. She also contributed to the Khyber Pakhtunkhwa Handicapped Children’s Association, held leadership roles in craft councils, and represented Pakistan at international forums, including the United Nations General Assembly. As a public representative, she served in the Provincial Assembly of Khyber Pakhtunkhwa, the Federal Council, and the National Assembly. Notably, she made history as the first woman federal minister in Pakistan, holding positions in Population Welfare, Organisation and Methods, and Commerce.
In 2008, Begum Kulsum Saifullah Khan was honored with the Hilal-i-Imtiaz civilian award by former President of Pakistan Gen. Retr. Pervez Musharaf for her commendable services to the country. May Allah rest her soul in peace and grant her the highest place in Jannah. (Ameen)

Begum Kulsum Saifullah Khan

(1924-2015)

Chairman

Mr. Javed Saifullah Khan

Mr. Khan is a globally acclaimed business leader with deep and comprehensive expertise in
introducing new projects in emerging markets. He has been serving as the Chairman of Saif Group for over three decades. He is also the Chairman of the Boards of Directors of Kohat Textile Mills Limited, Saif Power Limited (SPL), Saif Textile Mills Limited, and Saif Energy Limited. He also serves as Director of Saif Holdings Limited.
Under Mr. Khan’s leadership, Saif Group have successfully established new businesses and developed projects in different sectors including Telecom, Power Generation, Healthcare, Textile, and Information Technology. It was his vision to set up SPL’s power plant with gross capacity of 225 MWs which commenced commercial operations in April 2010. He is credited with launching Mobilink (now Jazz), the first ever GSM cellular company in the subcontinent, which is now the leading cellular company in Pakistan. He also developed Mediterranean Textile Company, located in Alexandria – Egypt, which produces yarn for the premium segment of the European shirting market.
Mr. Khan has served as Chairman of All Pakistan Textile Mills Association (APTMA) for two terms, Member Board of Directors of Pakistan International Airlines (PIA), and Board Member of Habib Bank Limited, and Member Board of Investment – Government of Pakistan.
He represented Pakistani employers in ILO meetings in Geneva twice, led APTMA delegation to ITMF conference in Cairo in 1984 and also represented Pakistan in textile quotas conference in Berlin in 1984. As a member of Prime Minister’s entourage, he has visited USA, China, Germany and Italy.
In recognition of his expertise of Pakistan’s corporate sector and his dedication to successfully attracting foreign direct investment into Pakistan, the Government of Pakistan awarded Mr. Khan the prestigious Sitara I Imtiaz, one of Pakistan’s highest Civil Awards, in 2007.
Mr. Khan enjoys playing golf and takes keen interest in social welfare work, from the platform of Saifullah Khan Trust which serves the poor segment of society. Mr. Khan graduated with a BA in Economics; History from Carnegie Mellon University and went on to receive his MBA from the University of Pittsburgh in 1973.

Javed-Saifullah-Khan

Board of Directors

Mr. Assad Saifullah Khan

CEO/Director

Mr. Osman Saifullah Khan

Director

Ms. Hoor Yousafzai

Director

Mr. Asif Saifullah Khan

Director

Mr. Rana Muhammad Shafi

Director

Mr. Abdul Rehman Qureshi

Director

Mr. Sardar Aminullah Khan

Director

Audit Committee Members

In accordance with the requirements of Code of Corporate Governance (CCG), our Board of Directors (BOD) has established an Audit Committee (Committee) of Three members comprising of one independent director. The chairman of the Committee is an independent director as per the requirement of CCG. The Terms of Reference of the Committee have been approved by the BOD.

Mr. Abdul Rehman Qureshi

Director

Chairman - Audit Committee

Mr. Rana Muhammad Shafi

Director

Member - Audit Committee

Mr. Sardar Aminullah Khan

Director

Member - Audit Committee

HR and Remuneration Committee Members

In accordance with the requirements of Code of Corporate Governance (CCG), our Board of Directors (BOD) has established an Human Resource and Remuneration (HR & R) Committee comprising of Three members including one independent director. The chairman of the Committee is an independent director as per the requirement of CCG. The Terms of Reference of the Committee have been approved by the BOD.

Mr. Abdul Rehman Qureshi

Director

Chairman - HR & R Committee

Mr. Assad Saifullah Khan

CEO/Director

Member - HR & R Committee

Ms. Hoor Yousafzai

Director

Member - HR & R Committee

Shareholder Pattern

Dive into our shareholder pattern, where every investment stitch weaves a story of growth and prosperity, crafting a vibrant tapestry of shared success.

Kohat Textile Mills
Election of Directors

Elections held according to the Ordinance Company under Section 159 (1), (4), and (3) written under the Company Act 2017.

Assad Saifullah Khan (CEO/Director)

Assad Saifullah Khan is the CEO of Kohat Textile Mills Ltd and Director of Legal Affairs for the Saif Group. As Head of the Legal Department, he is responsible for coordinating all legal and contractual matters for Group subsidiaries and associated companies.

Assad Saifullah Khan brings with him the considerable experience gained through working in the UK and Pakistan. During his legal education, Assad Saifullah Khan worked with Orr, Dignam & Co (Islamabad) and as a caseworker for the current Deputy Leader of the Labor Party – the Right Honorable Harriet Harman MP, QC.

After completing the Bar Vocational Course, Assad interned for several months at J.D. Spicer & Co. a leading solicitor’s practice in London, before moving back to Pakistan during the summer of 2007.

This was followed by a one-year tenure as an Associate at Hassan & Hassan (Lahore). Under the tutelage of Dr. Parvez Hassan, Assad handled company law cases and corporate work for several large multinationals.

Assad Saifullah Khan graduated from the University of Pennsylvania in 2004, majoring in History and Culture and a minor in French. He then moved to London to pursue his legal education by attaining his Common Professional Examination/Graduate Diploma in Law from the College of Law in 2005, and certification in the Bar Vocational Course from the Inns of Court School of Law (ICSL) in 2007.

Mr. Osman Saifullah Khan (Director)

Mr. Osman Saifullah Khan has held a variety of strategic and operating roles with the Saif Group, a diversified industrial and services conglomerate headquartered in Islamabad. Mr. Khan joined the Saif Group in 1995, and currently serves as Chairman of the Group – Textile Division. He is also a board member at several of the Group’s companies and has remained on the Board of Pakistan State Oil (PSO). Osman Khan has also led the Group’s Principal Investing and its Business Development teams. He was associated with various industry advocacy platforms, was a member of the Pakistan Business Council (PBC). He served on the Advisory Committee to the Planning Commission of Pakistan, was a member of the Policy Board of the Securities and Exchange Commission of Pakistan (SECP) and was also an Advisor to the President, Ghulam Ishaq Khan Institute of Engineering Sciences (GIKI). Osman Khan is founder of the Wadaan Foundation, a not- for- profit organization that focuses on water, health and education issues in the southern districts of Pakistan’s Khyber Pakhtunkhwa Province. Osman Khan has a Master’s degree in Engineering, Economics and Management from Christ Church, University of Oxford (1995), where he was a Britannia Scholar and a Master’s degree in Business Administration (MBA) from the Graduate School of Business, Stanford University (2009).

Hoor Yousafzai (Director)

Hoor Yousafzai is the Chairperson of Saif Healthcare. She Joined the Saif Group in January 2007 as Director of Saif Holdings.

As a Chartered Accountant, Mrs. Yousafzai is also responsible for leading the development and Implementation of the Corporate Taxation and Regulatory Compliance of the Group, while also assisting the Chairman and Co Chairman in Strategic Planning and Project Evaluation.

Prior to joining the Saif Group, she worked at KPMG where she gained considerable experience while completing her Articles. Mrs. Yousafzai was admitted as an Associate Member of the Institute of Chartered Accountants of Pakistan in 2008. She also holds a Master’s Degree in Economics and Computer Sciences

Asif Saifullah Khan (Director)

Mr. Asif Saifullah Khan was appointed as Director of Saif Holdings Limited in 2020. Mr. Asif Saifullah Khan was appointed a director of Saif Holdings Limited in 2020. After graduating from the University of Cambridge, he began his legal career in the corporate finance team of an international law firm in London. He then worked as legal counsel at asset management firms in London and Dubai. Throughout his legal career, Asif has been responsible for corporate, commercial, and regulatory compliance matters, dealing with significant stakeholders and regulators, including the London Stock Exchange, Bank of England, and the Financial Conduct Authority.

More recently Asif has worked with start-ups and SMEs in the technology sector advising on corporate, commercial, and fundraising matters.

He has a BA in International Studies and Arabic from Emory University, USA and an MA in Law from the University of Cambridge, UK. He was called to the Bar of England & Wales in 2011. He is an Advocate, Lahore High Court and a qualified Solicitor in England & Wales.

Rana Muhammad Shafi (Director)

Rana Muhammad Shafi at present is an Advisor to the Board of Director of Saif Group of Companies. He advises the BOD for Investments, mergers and acquisition on new ventures and on financial matters of Saif Group Companies. He also advises on securitization of assets, treasury functions for acquisitions of funds for new projects and dealing with capital markets

He has over 46 years of rich and varied experience in the field of Cost and Management Accounting, Corporate Accounting, Administration, Management control, Treasury & Financial Management.  He is associated with Saif Group since January 1981 and has worked in the capacities of Cost & Management Accountant, Chief Accountant, Commercial Manager, General Manager Finance, Executive Director Finance and Chief Financial Officer.

He has conducted a number of workshops on corporate accounting, leadership management and treasury financing. Before joining Saif Group, he has been associated with Ali Textile Mills Ltd., Jhang (3 years), Mansoor Textile Mills Ltd., Lahore (3 years) and Nishat Mills Ltd. Faisalabad (5 years).

He holds a Master’s Degree in Commerce from the University of Punjab and Cost and Management Accountant Finalist from Institute of Cost and Management Accountants of Pakistan.

 

Abdul Rehman Qureshi (Director)

Mr. Abdul Rehman Qureshi has worked as Commissioner in the Securities and Exchange Commission of Pakistan. He has vast experience in the corporate affairs of the Companies. He has acted as member of different committees including National Anti-Corruption Strategy (NACS) Steering Committee, NAB, Islamabad, Member Board of Governors (under the chairmanship of Governor, KPK), Institute of Management Sciences, Peshawar etc. He has also worked Secretary to the Commission and the Securities and Exchange Policy Board for 7 years.

Mr. Abdul Rehman Qureshi has also worked as Acting Chairman of the Commission from 17.02.2003 to 19.08.2003.

Sardar Aminullah Khan (Director)

Sardar Aminullah Khan joined the Inland Revenue Service of Pakistan in 1977 in BS-17 through CSS exam and retired after serving as Member, Chief Commissioner, Additional Commissioner, Deputy Commissioner and Assistant Commissioner in Income Tax department of Federal Board of Revenue. He served for 35 years in several Government departments within and outside Pakistan in various capacities. He has been engaged in tax management, project management, cooperative housing management, social clubs management, investment promotion, framing and interpretation of laws on investment and taxation, trade and economy, tax reforms etc. His last held position was Director General, KP Revenue Authority in 2014.

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