Chairman of JSPE and JS Bank
Mr. Ali Jahangir Siddiqui is Chairman and Chief Investment
Officer of JS Private Equity (“JSPE”), an emerging markets private equity firm,
which he founded in 2004. JSPEs investors include multilateral institutions as
well as US, UK, Swiss and French government-linked investors. JSPE is a growth
capital investor in Pakistan, the Middle East and Africa with over US$670
million under management.
From 2002 to 2003 he served as an Executive Director of JS
Investments, at the time Pakistan’s largest private sector mutual fund manager.
From 1999 to 2002, he was based in Hong Kong as a Director
at Crosby Capital Partners, a private equity and venture capital firm that
managed over US$400 million including funds managed for the Hong Kong and
Korean governments.
Mr. Ali Jahangir
Siddiqui
currently serves as Chairman of the Board of JS Bank in Pakistan. In 2006, on
behalf of JS Investment Bank (formerly Citicorp Investment Bank, a unit of
Citigroup, which had been acquired by JS Group in 1999), he led negotiations to
successfully acquire American Express Bank’s Pakistan banking business which
resulted in the creation of JS Bank through a merger of the two institutions.
He is also the Co-Chairman of JS
Group.
JS Group’s portfolio companies generated combined revenues of over USD 1.6
billion for the year ending December 31st, 2015, while employing over 22,000
people.
Entrepreneurship
In partnership with other entrepreneurs, he has built or acquired
a number of successful emerging markets businesses including:
·
Airblue (Pakistan’s second largest airline)
·
Arabian Gulf Steel (a leading steel producer in the UAE)
·
Jura Energy (an upstream energy company listed on the
Toronto Stock Exchange)
·
RAK Ghani Glass (largest pharma-glass producer in the Middle
East)
·
Star Marine Services (a port operations company in Saudi
Arabia)
Philanthropy
In an honourary capacity, Mr. Ali
Jahangir Siddiqui serves as CEO of the Mahvash and Jahangir Siddiqui
Foundation (“MJSF”), his family foundation based in Pakistan that makes grants
to the education, healthcare and social enterprise sectors.
He has worked in natural disaster zones in Pakistan and has
a strong personal commitment to finding new solutions to disaster response. As
a result, aside from to making grants, MJSF directly provides emergency relief
in humanitarian crises and implements projects in disaster zones in partnership
with UN agencies and other international NGOs.
In partnership with certain other institutions, MJSF
established the Karachi School of Business and Leadership in Pakistan, which is
a new graduate business school in collaboration with the Judge Business School
at the University of Cambridge.
He is also deeply committed to and is a Board Member of
Acumen, one of the world’s leading social enterprise organizations, headquartered
in New York. Acumen invests in businesses that provide critical goods and
services to the underprivileged in Africa, South Asia and Latin America.
Public
Sector Engagement
In the past, he has served as a Member of the Private Sector
Advisory Board of the Planning Commission of Pakistan which is the authority
responsible for economic planning for the Government of Pakistan and has served
as a Member of the Private Sector Advisory Board of the Privatisation
Commission of Pakistan, which is the authority responsible for privatising
federal government owned companies and assets.
Commitment
to Academia
In Pakistan, Mr. Ali Jahangir Siddiqui has been a guest
lecturer at National Defence University, National School of Public Policy and
in the United States of America he has lectured on entrepreneurship at the
College of William and Mary.
Education
In 1999, Mr. Ali Jahangir Siddiqui received his BA in
Economics from Cornell University in New York.
Other
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