Rafhan Maize Products Co Ltd
Mr. Malik Joined the Rafhan Board on August 23, 2021. He is a fellow of the Institute of Chartered Accountants in England and Wales and is also an alumnus of the Harvard Business School and INSEAD. Presently, Mr. Waqar Ahmed Malik is engaged with Fauji Foundation as Managing Director and Chief Executive Officer since 9th April 2020. Earlier, his career with The ICI Plc Group based in the UK spanned over 27 years and then later with AkzoNobel N.V. based in The Netherlands. For nearly 10 years, he served as the Chief Executive Officer of ICI Pakistan Limited and also the Chief Executive Officer and Chairman of Lotte Pakistan Limited (formerly Pakistan PTA Limited). Earlier, Mr. Malik also served on the following prestigious boards as Non-Executive & Independent Director: Pakistan Petroleum Limited, Engro Corporation Limited, Standard Chartered Bank Pakistan Limited, Engro Polymer and Chemicals Limited and TPL Insurance Limited. He has been playing an instrumental role in development of Pakistan’s Regulatory System as well as for the advocacy to undertake economic reforms. Mr. Malik is also a member of the visiting faculty of Pakistan Institute of Corporate Governance, Former Member of Board of Governors of Lahore University of Management Science (LUMS) and Former Member of Board of Indus Valley School of Arts. He participated actively in social and philanthropic activities through I – Care Foundation, as a Trustee.
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Rafhan Maize Products Co Ltd
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Rafhan Maize Products Company Limited manufactures and sells industrial products, such as industrial starches, liquid glucose, dextrose, dextrin and gluten meals using maize as the basic raw material. The Company provides integrated solutions for industrial applications, such as textile, paper, corrugation, chemicals, laundry and personal care. It offers portfolio of solutions, products and services to the textile industry, which includes Rafhan, Penetrose, Amisol, Tex-o-Film and Coratex. Its Animal Nutrition product lines include Prairie Gold and Rafhan maize gluten meals, Bualo Maize Bran, Rafhan Maize Germ Cake and Enzose Hydrol. Its food segment includes a range of products, such as Globe, Snowflake, Rafhan Liquid Glucose, Flow Sweet EE Liquid Glucose, Cerelose Dextrose Monohydrate, Rafhan Liquid Caramel and Golden Syrup. It focuses on corn refining in Pakistan, and the Company has three plants, of which two are located in Central Punjab and a plant located in Interior Sindh.