FIRST IMROOZ MODARABA

Corporate History
Business Area
Board of Directors
Key Personals

Corporate History

First Imrooz Modaraba (the Modaraba) was formed on 27 September, 1993 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 (XXXI of 1980) and the Rules framed thereunder and is managed by A R Management Services (Private) Limited. The Modaraba commenced its commercial operations from March 1, 1994. The Modaraba is listed on Karachi Stock Exchange.

The Modaraba is a perpetual modaraba, initially floated for the specific purpose of trading in approved commodities and other products and was converted into multi purpose Modaraba on August 08, 1998. The Modaraba is mainly engaged in domestic and international trading activities.

Business Area

FIM specializes in trading and chemical distribution. It operates from its office in Karachi and Lahore, and has independent warehouses in both cities along with a custom bonded warehouse facility in Karachi.

The Modaraba has very close links with most major users of industrial chemicals and operates with some of these companies on a long term contract basis.

Board of Directors

Mr. Naveed Riaz	Chief Executive
Mr. Ameed Riaz	Director
Mrs. Saadat Ikram	Director
Mr. Omar Mohammad Khan	Director

Key Personals

Mr. Naveed Riaz	Chairman & Chief Executive, M.A. 34 years experience
Mr. Ateed Riaz	Chief Financial Officer, M.A. 34 years experience
Mr. Ameed Riaz	General Manager-Marketing & Sales, M.B.A. 19 years experience
Mrs. Rabeeaa Riaz	General Manager Finance, B.B.A. 6 years experience
Mr. Amjad Khalid	General Manager-Import, B.A. 33 years experience
Mr. Shabbir Ahmed Jamsa	Company Secretary & General Manager Taxation, B.Com 30 years experience