Pakistani Business Tycoon and Chairman Indus Motor Company Ali Suleman Habib passed away on Friday.
Apart from his leadership of one of Pakistan’s most successful automobile companies, the 63-year old had also 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 a member of the Board of Governors of the Habib University as well.
Ali 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 Shaukat Khanum Memorial Trust.
As far as his educational background is concerned, Ali Habib was a graduate in Mechanical Engineering from the University of Minnesota, USA and also attended the PMD Program at Harvard University.
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Allah Talah Maghfirat Farmaee, Banda jitna bhi qabil ho, aakhir kar apnay rab ko mun dikhana hai. 63 isnt that old age to die, people think they will live forever, so charge as much for the toyota as they can.
Worked for him at House of Habib (HoH), he was the founding director of IMC and was leading HoH. Indeed a huge loss for HOH family. Allah maghfirat farmaye Aameen
What was the cause of death
Honorable Ali Habib Sb., an icon of Pakistan changed the Mobility architecture by CKD production of Toyota cars in Karachi with slight Deletioned non precision components for Pakistan for a car with effective local support.
I hope the family, the stock holders, the management of IMC, the PAMA accreditation will continue with Standardisation of IMC products for the domestic/international markets which was not imagined.
It is the responsibility of PAMA, IMC, the PSX to support the standardisation, export, of the Corolla/BYD to the global markets with the role of PAMA standardised local assembled autos., today and beyond.