Pace Pakistan Limited

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Name

Salmaan Taseer

	Chairman First Capital Group Chief Executive Officer Pace Pakistan Limited 103-C-II Gulberg III Lahore Pakistan Tel: 042-111 947 947 Fax: 042-5757590

Mr. Salmaan Taseer is the Chairman of the First Capital Group. He brings with him an array of experience dating back to the early stages of his career where he successfully set up two chartered accountancy and management consultancy firms; KPMG, UAE and THK, Pakistan. Diversifying his interests, in 1994 he established First Capital Securities Corporation, a full service brokerage house with equity participation by Smith Barney Inc USA and HG Asia Hong Kong. Since then he has been actively involved in establishing other companies in the financial sector as well as the telecommunications, insurance and real estate/ property development sectors. He has vast experience in mergers and acquisitions, floatations, investment banking and setting up infrastructure projects. Today, the group boasts a number of companies, listed and unlisted in various sectors with national and international footprint. Mr. Taseer is a Chartered Accountant (England and Wales) by profession .

Sardar Ali Wattoo

	Group Director Finance Pace Pakistan Limited 103-C-II Gulberg III Lahore Pakistan Tel: 042-111 947 947 Fax: 042-5757590

Sardar Ali Wattoo With 16 years of finance advisory experience, Mr. Wattoo joined the First Capital/Worldcall Group as the Group’s Financial Controller but was shortly promoted to Group Director Finance, managing the Treasury, Accounting, Financial Control and Legal functions both in Pakistan and Sri Lanka. Mr. Wattoo played a vital role in setting up, managing and strategically planning the Worldcall Group companies. Prior to joining the Worldcall group, Mr. Wattoo was the Financial Controller of Kohinoor Energy Ltd and Southern Electric Power Company. Mr. Wattoo is a fellow member of the Institute of Chartered Accountants of Pakistan and a member of the Institute of Chartered Secretaries of Pakistan .

Ahmad Bilal

	Chief Operating Officer Pace Pakistan Limited 3rd Floor Pace Shopping Mall Fortress Stadium Lahore Cantt, Pakistan. Tel: +92-42-111-111-603 Fax: +92-42-(3)6623007

Mr. Bilal has 14 years of extensive experience in financial, accounting, taxation, legal matters, Projects Development and Management. He joined First Capital / Pace Group in 1998 and has served on various key positions in the Group including Director Corporate, Legal and Tax, Chief Financial Officer and Chief Operating Officer. Mr. Bilal played a vital role in setting up, managing and strategically planning of the Real Estate Division of First Capital / Pace Group. Mr. Bilal has worked on various transactions involving feasibility studies; private placements, initial public offerings, strategic agreements, dealing with regulatory authorities, other public sector institutions, issue of debt securities including TFC and Foreign Currency Convertible Bonds; valuation/analysis of companies and restructurings. Mr. Bilal as Chief Operating officer is responsible for day to day operations of the real estate division Companies of First Capital/ Pace Group. Before being appointed as Chief Operating Officer, Mr. Bilal was acting as CFO of Pace. Mr. Bilal is fellow member of Institute of Corporate Secretaries and Taxation Management.

Musharraf Khan

	Chief Financial Officer Pace Pakistan Limited 103-C-II Gulberg III Lahore Pakistan Tel: 042-111 947 947 Fax: 042-5757590

Mr. Musharaf has over 10 years of diversified experience in finance. He started his career in Audit at Coopers & Lybrand, Chartered Accountants and joined the energy sector on a management position. He also served Securities & Exchange Commission of Pakistan in the capacity of Joint Director. Subsequently he joined the First Capital/Worldcall Group where now he is working as a Chief Financial Officer of the Company to handle overall finance and accounts of the Property Division of the Group. Mr. Musharaf has extensive experience in Audit, finance and accounting matters, business development, planning and evaluation, treasury and corporate finance, taxation, internal controls, dealing with regulatory authorities & financial institutions and looking after litigation and other matters. Mr. Musharaf is a Chartered Accountant by profession & has also passed two levels of CFA.

Raza Ahmed Khan

	Head of Planning & Development Pace Pakistan Limited 3rd Floor Pace Shopping Mall Fortress Stadium Lahore Cantt, Pakistan. Tel: +92-42-111-111-603 Fax: +92-42-(3)6623007

Mr. Khan has over 8 years of diversified experience in engineering sector. He started his career as management trainee in ICI at their PTA Plant. After a year in maintenance section, he was moved to the planning section where due to his strong performance, he was made section head within a short span of time. During this tenor, he has handled major plant turnarounds as Project Manager handling a work force of 2,000 individuals, coordination of foreign recourses like material & services as well as controlling expenses against budgets. Subsequently he joined Pace Barka Properties Limited as General Manager Operations to handle construction work of the project as well as coordinate amongst marketing, sales, finance & foreign consultants. Mr. Khan is a qualified graduate engineer from Ghulam Ishaq Khan Institute.

Omer Salamat

	Head Sales & Marketing Pace Pakistan Limited 3rd Floor Pace Shopping Mall Fortress Stadium Lahore Cantt, Pakistan. Tel: +92-42-111-111-603 Fax: +92-42-(3)6623007

Mr. Salamat joined Pace in 2008 as Director Projects. Coming from an investment banking background, Mr. Salamat has extensive experience and in-depth knowledge of real estate investment projects. Prior to joining Pace, Mr. Salamat worked as a Portfolio Manager in the Global Strategies Group at Old Lane LLC in New York and Dubai. In this capacity he was responsible for making public and private equity investments in markets such as Brazil, UAE, Egypt, India and Pakistan with a focus on a wide range of sectors such as real estate, construction goods and services, financial institutions, retail and consumer goods. Previously, Mr. Salamat has also worked as a financial analyst at Morgan Stanley’s Investment Banking Division (New York) as well as an investment professional at Ares Management (Los Angeles) and Goldman Sachs Mezzanine Partners (New York). Mr. Salamat is a graduate in Economics and Mathematics from Columbia University.

Amir Liaqat

	General Manager Operations Pace Pakistan Limited 3rd Floor Pace Shopping Mall Fortress Stadium Lahore Cantt, Pakistan. Tel: +92-42-111-111-603 Fax: +92-42-(3)6623007

Mr. Amir Liaqat with over 10 years of valuable experience, Mr. Liaqat has been General Manager of Operations for Pace since early 2000. He reports directly to the Chief Operating Officer and his responsibilities include running operational shopping malls and leading a staff of over 150 people. Prior to joining PACE, he worked as a Marketing Officer for Famous Brands Private Limited, an international brand franchisee for Hang Ten, Slazenger, Head, TBS and American Wilderness. Mr. Liaqat holds a Masters in Business Administration from the Preston University and a Bachelor of Textile Engineering from The National Textile College.