Wikipedia

Abdul Samad Dawood

Abdul Samad Dawood, (Urdu: عبدالصمد داؤد‎; born 1983) is a Pakistani businessperson and investor. He is the vice-chair of the board of Dawood Hercules Corporation, which is the majority shareholder of Engro Corporation.[3]

Abdul Samad Dawood
عبدالصمد داؤد
Born1983
Education
[1]
Occupations
[2]
FatherHussain Dawood
Relatives

Career

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Dawood has been managing and overseeing Dawood family-owned business enterprises since 2002, with a focus on mergers and acquisitions (M&A).[4] He has spearheaded multi-billion-dollar M&A deals for the Group.[5]

Dawood was the CEO of the public equity firm, Cyan from 2010 to 2014 and has been Chair of the board of Cyan since 2022.[6][7] Dawood was also the CEO of Dawood Hercules Corporation from 2014 to 2016.[8][9] He delivered Pakistan's first sustainable real estate project in Sheikhupura, Punjab.[10]

Since 2015, he has also been the chair of the board of FrieslandCampina Engro Pakistan (formerly Engro Foods). He continued as chair after Engro Corporation sold the majority of its ownership stake in Engro Foods to FrieslandCampina.[11]

He joined the board of directors of Engro Corporation in 2009[2] and is supporting the company's efforts to expand operations internationally.[12] He has also led the corporate restructuring of Engro Corporation and Dawood Hercules Corporation to synergise their investment strategies.[5][13][14]

Dawood additionally serves as a director on the boards of various organisations, including Khaadi Corporation,[15] Pakistan Business Council,[16] Endeavour Pakistan, and Dawood Lawrencepur. In the past, he has been a director of Hub Power Company,[17] and Sui Northern Gas Pipelines Limited.[18]

Dawood has also represented the Pakistani private sector in the United States to increase bilateral trading and investment opportunities,[19] as well as domestically as a member of the Industry Advisory Council of the Government of Pakistan.[20][21]

Social Causes

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Dawood is a trustee of The Dawood Foundation and a member of the board of governors of the Karachi School of Business & Leadership.[1] He has been on the Board of WWF–Pakistan[22] and a donor to the organisation,[23] facilitating cleanliness and awareness initiatives at Sandspit Turtle Beach for the conservation of Sea turtles.[24]

Personal life

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Dawood's brother Shahzada and his nephew, Suleman, died in June 2023 alongside three others inside the submersible Titan when it imploded on a tourist expedition to view the wreck of the Titanic.[25]

References

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  1. ^ a b "Mr. Abdul Samad Dawood". www.ksbl.edu.pk. Karachi School of Business & Leadership. Retrieved 23 August 2024.
  2. ^ a b "Engro Corporation 1H 2021 Results". www.engro.com. Engro Corporation. 24 August 2021. Retrieved 23 August 2024.
  3. ^ "Summit highlights importance of girls' education". tribune.com.pk. The Express Tribune. APP. 1 February 2023. Retrieved 23 August 2024.
  4. ^ "Corporate Corner". The Express Tribune. 14 December 2016. Retrieved 23 August 2024.
  5. ^ a b Mangi, Faseeh; Vercoe, Peter (8 May 2024). "Pakistan's Engro Looks To Invest In Other Developing Nations". financialpost.com. Financial Post. Retrieved 23 August 2024.
  6. ^ Mangroria, Faisal (28 October 2014). "Resignation of Director" (PDF). dps.psx.com.pk. Pakistan Stock Exchange. Retrieved 23 August 2024.
  7. ^ Iqbal, Ahsan (1 March 2022). "Board Meeting - Election of Chairman" (PDF). dps.psx.com.pk. Karachi: Pakistan Stock Exchange. Retrieved 23 August 2024.
  8. ^ Ahmad, Shafiq (22 August 2014). "Change of CEO" (PDF). dps.psx.com.pk. Karachi: Pakistan Stock Exchange. Retrieved 23 August 2024.
  9. ^ Ahmad, Shafiq (29 November 2016). "Appointment of CEO" (PDF). dps.psx.com.pk. Karachi: Pakistan Stock Exchange. Retrieved 23 August 2024.
  10. ^ Bukhari, Syeda Nazish Zahra (21 August 2015). "Pebbles (PVT) Ltd.: "Building Hopes"" (PDF). bsl-lausanne.ch. Business School Lausanne. p. 8. Retrieved 23 August 2024.
  11. ^ Siddiqui, Salman (19 December 2016). "Dutch company acquires Engro Foods for $446.81m". tribune.com.pk. The Express Tribune. Retrieved 23 August 2024.
  12. ^ Shahid, Ariba (7 May 2024). "Pakistani conglomerate Engro looks to go global, its main investor says". www.reuters.com. Thomson Reuters. Retrieved 23 August 2024.
  13. ^ Tirmizi, Farooq (17 December 2018). "Engro's Rs60 billion question". Profit. Pakistan Today. Retrieved 6 September 2024.
  14. ^ Mangi, Faseeh (7 May 2024). "Pakistan's Top Group Engro Plans Berkshire Hathaway-Style Deals". bloomberg.com. Bloomberg.com. Retrieved 9 September 2024.
  15. ^ "Board Of Directors Details Abdul Samad Dawood - Khaadi". corporate.khaadi.com. Khaadi Corporation. Retrieved 23 August 2024.
  16. ^ "About PBC". www.pbc.org.pk. Pakistan Business Council. Retrieved 23 August 2024.
  17. ^ "Annual Report 2016" (PDF). hubpower.com. Karachi: Hub Power Company. 2017. Retrieved 23 August 2024.
  18. ^ "Annual Report 2008" (PDF). sngpl.com.pk. Lahore: Sui Northern Gas Pipelines. 2009. Retrieved 23 August 2024.
  19. ^ Syed, Wajid Ali (1 October 2023). "In rare visit, top Pakistani business leaders meet US officials". www.thenews.com.pk. The News International. Retrieved 23 August 2024.
  20. ^ Kundi, Imran Ali (8 December 2023). "Inaugural meeting of Industrial Advisory Council held". www.nation.com.pk. The Nation. Retrieved 23 August 2024.
  21. ^ Abbas, Ghulam (18 November 2023). "Govt establishes Industry Advisory Council to develop industrial policy". Profit. Pakistan Today. Retrieved 23 August 2024.
  22. ^ "WWF Pakistan Annual Report 2012" (PDF). www.wwfpak.org. Lahore: WWF Pakistan. 2013. p. 56. Retrieved 23 August 2024.
  23. ^ "WWF-P holds awards ceremony". brecorder.com. Business Recorder. 31 March 2010. Retrieved 23 August 2024.
  24. ^ Khan, Muhammad Zafar (2008). "Pakistan Wetlands Programme" (PDF). Indus Forever (A Quarterly Newsletter of the Indus for All Programme, WWF - Pakistan). II (7). Karachi: WWF-Pakistan: 8. Retrieved 23 August 2024.
  25. ^ "Titanic submersible victim's deaths 'brought the world together,' Dawood family member says". YouTube. ABC News. 23 June 2023. Retrieved 23 August 2024.
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