Chairman and Founder of Indus Motors Ltd, Ali Suleman Habib passed away in Karachi on Friday after an undisclosed illness, He was 63.
Habib, apart from being chairman of the Indus Motor Company, also headed operations for the House of Habib, a legacy business conglomerate that has several successful businesses functioning under its umbrella.
Habib served as director on the management boards of multiple companies operating under the umbrella of the House of Habib — including Thal Limited, Shabbir Tiles & Ceramics Limited, Habib Metropolitan Bank Limited, Metro Habib Cash and Carry Pakistan (Pvt.) Limited.
He was also a member of the Board of Governors of Habib University, which the Habib family established.
Habib was the founding chairman of the Young Presidents Organization, Pakistan Chapter, and chairman of the Pakistan Business Council. He was also a member of the Board of Governors of the Shaukat Khanum Memorial Trust.
He graduated with a mechanical engineering degree from the University of Minnesota, USA and also attended the PMD Program at Harvard.
Due to the prevailing conditions the funeral will be for family only. Family member requested to everyone that recite Surah Fatiha and 3 Surah-e- Ikhlas for the departed soul from their homes.
May God grant him the highest place in Jannat-ul-Firdous and give everyone strength to bear this loss. Our deepest condolence on the sad demise of Ali Suleman Habib the founder of Indus Motor Company Limited.