Page 54 - InterloopAnnualReport2020

BOARD OF DIRECTORS

Musadaq Zulqarnain is the Chairman of Interloop Limited, Interloop Dairies Limited and Chairman
& CEO of Interloop Holdings (Pvt.) Limited. He is a Member of the Board of Karandaz Pakistan
and President of Interloop Welfare Trust. He is also associated with The Citizens Foundation
(TCF), the largest not-for-profit organization providing primary and secondary education to
underprivileged children in Pakistan.

A mechanical engineer by professional training, Musadaq’s leadership experience spans over
almost four decades. He initially worked for 14 years at senior positions with a gas transmission
Company in Pakistan and later on transformed into a successful entrepreneur, developing and
expanding one of the world’s largest Hosiery manufacturing and export business, Interloop
Limited, over last 28 years. Musadaq is a development enthusiast and philanthropist, actively
engaged in nurturing the youth of Pakistan by facilitating education, women empowerment and
Musadaq Zulqarnain sports.
Chairman / Non-Executive Director

Navid Fazil is a Founding Director & CEO of Interloop Limited. He is also a Member of the Boards
of IL Bangla Limited & Interloop Holdings (Pvt.) Limited and Vice President of Interloop Welfare
Trust. Navid enjoys more than 28 years’ experience as a business leader and entrepreneur
and has played a key role in developing Interloop Limited as one of the world’s largest Hosiery
manufacturing and export business.

Navid is an Electrical Engineer and earned his Masters in Industrial Management from the
University of Oxford, UK. With a technically trained and intellectual mind, he puts great
emphasis on continuously improving the Hosiery Operations and has a special focus on Lean
Manufacturing, Research & Innovation and Sustainability. Navid is actively involved in many social
responsibility programs, both professionally and personally.

Navid Fazil
Chief Executive Officer / Executive
Director

Muhammad Maqsood is Executive Director Interloop Limited and CEO of IL Apparel (Pvt.)
Limited. He is also a Member of the Boards of Interloop Dairies, IL Apparel (Pvt.) Limited,
Texlan Center (Pvt.) Limited and Interloop Welfare Trust. With an overall experience of 25 years,
Maqsood’s association with Interloop spans 18 years. His current responsibility portfolio includes
Group finances, financial reporting and taxation. Maqsood is a fellow member of Institute of
Chartered Accountants of Pakistan & Institute of Financial Accountants, UK and trained at INSEAD
on Strategic Financial Management in Global Markets.

Muhammad Maqsood
Executive Director
Tariq Iqbal Khan is an Independent Director on the Board of Interloop Limited and is also serving
on the Boards of various eminent listed and non-listed companies. Previously, he has served
on the Boards of multiple banks, pharmaceutical, chemical & petroleum companies and as the
Chairman of SNGPL and ARL, etc.
A fellow member of Institute of Chartered Accountants, Pakistan, Tariq has been serving the
country for more than four decades by holding prominent positions in the private and public
sectors. He played a pivotal role in founding the Islamabad Stock Exchange and subsequently
served as its President. He also served as Member Tax Policy & Co-Ordination at the Central
Board of Revenue, followed by working as Commissioner, Securities & Exchange Commission
of Pakistan (SECP) and later as Chairman SECP (acting) for a brief period where he was
instrumental in restructuring SECP. Tariq served as the Chairman & MD of NIT for more than 8
Tariq Iqbal Khan years which played a key role in establishing and stabilizing the capital markets.
Independent Director

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