Mr. Malik is a fellow of The Institute of Chartered Accountants in England and Wales and is also an Alumnus of the Harvard Business School and INSEAD. His corporate and business experience spans over 30 years across three continents. A specialist in Strategy, Corporate / Business leadership and Board Governance, his professional experience includes managing and leading businesses in the petrochemicals, consumer and the life sciences industry. Outside his career, he has actively contributed to the development of Pakistan both in Public and the Private sector.
He had an illustrious career spanning over 27 years with Fortune 500 companies. His career with the ICI Plc group based in the UK and then Akzo Nobel in the Netherlands provided opportunity to work in Europe and the Americas. In Pakistan he was the Country Head of ICI Plc’s operations in Pakistan, the largest foreign investment in the chemical sector at the time. For over 10 years he served as the Chief Executive Officer of ICI Pakistan Limited and also the CEO and Chairman of Lotte Pakistan Limited (formerly Pakistan PTA Limited). Mr. Malik moved on from ICI Pakistan Limited in December 2012, post divestment of majority shareholding of the foreign sponsor in ICI Pakistan Limited to a local group. He has vast experience in managing functional teams as well as leading large and complex manufacturing based operations and M&A activities in the emerging markets.
Mr. Waqar Malik joined the Board of Pakistan Petroleum Limited on 16 September 2014, and is also the Chairman of the Board since then. He is a member of the Company’s Board Operations and Finance Committee and Human Resource Committee. His other engagements have been / are as member of the Board of State Bank of Pakistan, Chairman Sui Southern Gas Company Limited, Member Board of OGDCL, Karachi Port Trust, IGI Insurance Limited, Engro Polymer & Chemicals Limited and Chairman Noesis (Pvt) Ltd.
Mr. Malik has also been the past President of Overseas Investors Chamber of Commerce and Industry, Management Association of Pakistan, Director Pakistan Business Council, Trustee Board of Lahore University of Management Sciences, The Duke of Edinburgh Trust and the
Indus Valley School of Art. He is active in philanthropic activities; he is a trustee of I-care Pakistan. He was awarded the Prince of Wales medal for his contribution as a Trustee of the Prince of Wales Pakistan Recovery Fund, (subsidiary of the British Asian trust).