- Source: Hussain Dawood
Hussain Dawood (born 20 September 1943) is a Pakistani businessman and philanthropist who serves as the chairman of Engro Corporation, Dawood Hercules, and The Dawood Foundation. He is also the chairman of the Karachi School of Business & Leadership (KSBL), and a director of the Islamabad Policy Research Institute.
Early life and education
Dawood was born in Bombay, British India (now Mumbai) into a Memon family. His father, Ahmed Dawood, a trader, moved to Karachi with family during partition of India in 1947.
Dawood studied metallurgy at Sheffield University from where he graduated in 1966. He went on to study at the Kellogg School of Management, Northwestern University, and received in 1968 an MBA.
Career
After completion of his studies, Dawood joined the family business in Pakistan as a finance director. He became the managing director of Dawood Lawrencepur, a public limited company specialising in textiles, in 1973. In 1981, Dawood became the chief executive officer (CEO) of Dawood Hercules.
In the late 1990s, he spearheaded the expansion of the company, including the acquisition of Engro Corporation. Following the death of his father he took over as Chairman of the Board of Dawood Hercules Corporation. In 2006, Dawood became chairman of the Board of Engro Corporation.
Dawood has expanded the business interests of his companies. His experience consists of managing, supervising and controlling family businesses and chairing listed companies. This has involved a number of joint ventures over the years with European, US, Japanese and Chinese parties, such as Royal Vopak, FrieslandCampina, and China Machinery Engineering Corporation.
Philanthropy
Dawood served as the Chairman of the Pakistan Poverty Alleviation Fund. He is the founding donor of the Mariam Dawood School of Visual Arts & Design at the Beaconhouse National University Tarogil Campus, in Lahore. The Dawood Foundation has assisted those affected by the tsunami of 2004, the 2005 earthquake, and the 2010 floods.
Dawood is the founder and chairman of the Karachi School of Business & Leadership (KSBL), a graduate management school, focusing on development of effective leaders.
During the COVID-19 pandemic in Pakistan, Dawood pledged Rs 1bn on behalf of Engro Corporation and Dawood Hercules Group.
Personal life
Hussain Dawood is married to Kulsum. The couple had four children; Azmeh, Shahzada, Sabrina and Samad.
Dawood holds Maltese citizenship since 2016, reportedly through an individual investor programme, and is based in Dubai.
In June 2023, Dawood lost his son Shahzada and his 19-year-old grandson, Suleman. Both died alongside three others inside the submersible Titan when it imploded on a tourist expedition to view the wreck of the Titanic.
Awards and recognition
The President of Pakistan announced that Dawood will be awarded the Hilal-i-Imtiaz, the country's second-highest civil honor, in recognition of his contributions to social service.
Officer of the Order of Merit of the Italian Republic (Ufficiale Ordine al Merito della Repubblica Italiana) (Italy) (2 June 2008).
References
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- List of Pakistanis by net worth