Press Releases- Indus Motor Company Chairman Ali Suleman Habib passes away.

Prominent businessman and chairman of Indus Motor Company Ali Habib passed away at the age of 63, in Karachi on Friday. He headed the operations of the House of Habib, a business conglomerate that has several successful businesses functioning under its umbrella.

Apart from heading one of the country's leading automobile companies, Ali Habib had also served as a Director on the management boards of Thal Limited, Shabbir Tiles and Ceramics Limited, Habib Metropolitan Bank Limited, Metro Habib Cash and Carry Pakistan (Pvt) Limited. He was a member of the Board of Governors of the Habib University as well.

He was the founding chairman of the Young Presidents Organisation Pakistan Chapter, and chairman of the Pakistan Business Council. He was also a member of the Board of Governors of Shaukat Khanum Memorial Trust.

Ali Habib was a graduate in Mechanical Engineering from the University of Minnesota, USA and also attended the Management Development Programme (MDP) at Harvard University.

Condolences pour in all over the country. Business magnate Arif Habib (no relation to the deceased) lavished praise on Ali Habib, saying that his death was a big loss for the nation and the Pakistani business community. "He was a fearless man who did not shy away from expressing his views in front of policymakers," he said. "He was a nationalist who used to tell people not to discuss personal issues or problems and instead talk about national issues." Arif Habib said that the deceased would be missed a lot as his contribution to business in Pakistan was immense...