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Pakistan

Prominent businessman Ali Habib passes away in Karachi

Apart from being chairman of the Indus Motor Company, He also headed operations for the House of Habib. KARACHI:
Published Updated
  • Apart from being chairman of the Indus Motor Company, He also headed operations for the House of Habib.

KARACHI: Prominent businessman Ali Suleman Habib passed away at the age of 63 in Karachi on Friday.

Apart from being chairman of the Indus Motor Company, He also headed operations for the House of Habib, a legacy business conglomerate that has several successful businesses functioning under its umbrella.

Under umbrella of the House of Habib, he served many boards as their director including Thal Limited, Shabbir Tiles & Ceramics Limited, Habib Metropolitan Bank Limited, Metro Habib Cash and Carry Pakistan (Pvt.) Limited.

He was also a member of the Board of Governors of Habib University, which the Habib family established.

The IMC chairman was also the founding chairman of Young Presidents Organization, Pakistan Chapter, and chairman of the Pakistan Business Council.

He was also a member of the Board of Governors of the Shaukat Khanum Memorial Trust.

He graduated with a mechanical engineering degree from the University of Minnesota, USA and also attended the PMD Program at Harvard.

Pakistan Muslim League – Nawaz (PML-N) leader Ahsen Iqbal tweeted: “Extremely sad on the news of Mr. Ali Habib’s death. He was a good friend and very patriotic industrialist, who contributed immensely in the development of Pakistan. May Allah Bless his soul and Grant patience to his family.”

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