Novacare is a partnership between leading investment entities in Pakistan and internationally.

Board of Directors

Profiles — experience & credentials

Mian Taufique Sayeed Saigol picture
  • Chairman

    SUMMARY
    Chief Executive Officer (CEO) of Kohinoor Textile Mills Limited (KTML) and Director in all Kohinoor Maple Leaf Group (KMLG) companies.

    EXPERIENCE
    Leading & experienced industrialist of Pakistan, with a focus on export businesses, having been widely travelled and globally experienced.

    EDUCATION
    Graduated as an Industrial Engineer from Cornell University, USA.

Hans Kedzierski picture
  • Director & CEO-Designate

    SUMMARY
    30+ years experienced hospital Chief Executive Officer (CEO) across 6 countries, now leading his 7th hospital venture.

    EXPERIENCE
    CEO of the Aga Khan University Hospital in Karachi (2014 and 2019). in addition to leading another 5 hospitals as CEO — including Medical Center Alkmaar, Netherlands, one of the largest teaching hospitals in the Netherlands, and King’s College Hospital London in Jeddah.

    EDUCATION

    MBA from Kellogg School of Management at Northwestern University and an undergraduate degree in Economics.
    Author of several best selling books and articles on health care management. A regular guest lecturer at Dutch and Pakistan business schools and a frequent speaker/chairman for symposia.

Faraz Mehmood Minai picture
  • Director

    SUMMARY
    20+ years experienced investment banker, investment manager & strategy consultant, with significant investment and operational experience in Pakistan.

    EXPERIENCE
    Led investments & portfolio management for the Saudi Bugshan Group, a regional family office with a multi-billion-dollar portfolio, and currently represents them on 3 boards, including the King’s College Hospital Jeddah, and Secure Logistics Group in Pakistan.10+ years at Credit Agricole, including leading Corporate & Institutional Coverage for Saudi Arabia.

    Previously a consultant for Accenture in Washington D.C. and an Analyst for Deutsche Bank in New York.

    EDUCATION
    Graduated with a B.Sc. Economics & MIS from Purdue University, and an M.B.A. from London Business School.

Ghalib Hafiz picture
  • Director

    SUMMARY
    Experienced strategy consultant, investment professional, and healthcare project developer & operator. Professional experience spans across 7 countries, including significant experience in Pakistan.

    EXPERIENCE
    ~10 years with McKinsey & Company, most recently as Associate Partner, and leading healthcare provider & systems and pharma & life sciences consulting engagements across the MENAP region – clients included academic medical centres, private healthcare groups, Ministries of Health, healthcare regulators, payors, pharmacies, biopharmaceutical companies and new cities & real estate projects.

    Investment Manager at Ashmore from 2017 to 2019, and a core part of the team that designed, built, commissioned & operated the King’s College Hospital in Dubai along with three satellite clinics.

    EDUCATION
    Graduated with BSc. (Hons) in Economics from the London School of Economics & Political Science, and an MBA from Stanford University.

Sayeed Tariq Saigol picture
  • Director

    SUMMARY
    Currently serves as Chief Executive Officer (CEO) & Executive Director at Maple Leaf Cement Factory Limited and Director in all Kohinoor Maple Leaf Group (KMLG) companies.

    EDUCATION
    Received an undergraduate degree from McGill University.

Waleed Saigol picture
  • Director

    SUMMARY
    Currently serves as the Chief Executive Officer (CEO) and Director of Maple Leaf Capital Limited, and Director in all Kohinoor Maple Leaf Group (KMLG) companies.

    EXPERIENCE
    Brings rich operational experience in the textile and cement businesses of KMLG and over the years, he has acquired deep insight in capital market activities, and across business opportunities in Pakistan.

    EDUCATION
    Schooled at Aitchison College, Harrow School and holds a bachelor’s degree from the London School of Economics & Political Science.

Syed Mohsin Raza Naqvi picture
  • Director

    SUMMARY
    Brings more than 3 decades of financial management experience from Pakistan, Middle-East, North Africa and South East Asia. Currently, Group Chief Financial Officer (CFO) and Executive Director at Kohinoor Textile Mills Limited (KTML), and serves as Director in all Kohinoor Maple Leaf Group (KMLG) companies.

    EXPERIENCE
    Held the position of Managing Director Kohinoor Mills Limited, orchestrating the turnaround of the operating business.

    EDUCATION
    Member of Institute of Chartered Accountants of Pakistan, and holds a Chartered Financial Accountants (CFA) charter.

Overview of Andalus Holdings - managing shareholder

Professional healthcare investment holding and management/advisory firm.

Team brings 85+ years of hospital experience having built, commissioned, and managed 10 hospitals in 7 countries.

Uniquely positioned to bridge business & investment understanding, with healthcare & clinical expertise.

Combines the best of Pakistan and global networks & expertise.

Specializing in healthcare across verticals & markets, disseminating learnings across

Designed as a true one-firm-partnership from the outset, to attract the best healthcare & investment professionals.

Hands-on – fill key roles, requirements, and understanding from the board room to the nursing floors.

Registered with Abu Dhabi Global Markets & governed to the highest standards.

Overview of Maple Leaf Cement Factory Limited (MLCFL), and associated entities — anchor & majority shareholder

Kohinoor Maple Leaf Group logo

Kohinoor Maple Leaf Group (KMLG) is one of Pakistan’s largest conglomerates, with diverse operations in the textiles, cement, and financial sectors, and traces its roots to an enterprise founded in the 1930s in Calcutta as the Kohinoor Rubber Works.

The group currently is a majority shareholder in 3 companies:

Kohinoor Textile Mills Limited (KTML), a
vertically integrated textile producer with principal production facility in Rawalpindi, and one of the country’s leading exporters.

Maple Leaf Cement, the 3rd largest cement factory in Pakistan with 19,000 tpd of production capacity, and a pioneer in several product lines including white cement.

Maple Leaf Capital, which trades and holds stakes in publicly listed and privately held companies, and employs a range of additional financial instruments.