May 02, 2018
The New Pride of Pakistan, Sidratul Muntaha
Pakistan may be an underdevelopment country with lots of lacking but its people and youth, without aCONTINUE READING
Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, is the Chairman of the Group.
Dhedhi's father was Haji Abdul Karim Dhedhi. He completed his schooling in Karachi. Aqeel Karim Dhedhi initiated his career by taking part in export business with his brother and started cotton business projects when he was in seventh class. He started trading at Karachi Stock Exchange (KSE) in 1976. In 1984, he built his own office in Karachi Stock Exchange.
Aqeel Karim Dhedhi initiated his career by taking part in export business with his brother and started cotton business projects when he was in seventh class. Before starting his own set-up, he spent 13 years managing his father’s brokerage commercial projects. Moreover, three years of his life were spent sitting at Karim Center and looking over the commercial properties his father owned.
Religion is very important to him, in fact to his entire household. There are no wall-hangings or decorations in his home which are not religious in nature. The lavish lawn at his residence does not just serve an aesthetic purpose. Every week or so, he covers it with canopies and holds religious seminars under them where he invites some of the most renowned Sunni scholars and preachers in the country. Maulana Tariq Jamil, the popular orator from the Tablighi Jamaat, is a regular at the Dhedhi establishment.
He started trading at Karachi Stock Exchange (KSE) in 1976. In 1984, he built his own office in Karachi Stock Exchange. Before this, he spent 13 years dealing with his father's business ventures. He was in leading group of the KSE in 1996- 2001.
Aqeel Karim Dhedhi is also a member of the Lahore Stock Exchange.
Mr. Dhedhi strongly believes in the 'first mover advantage' and this philosophy is clearly seen in many of his initiatives. AKD Securities was the first to launch a state-of-the-art Online Stock Trading service in Pakistan and remains the leader in this arena today. The first institutionalized technology venture capital fund in the country was launched by Aqeel Karim Dhedhi in the year 2000.
Dhedhi was awarded "Sitara-e-Esaar" by the then-President Gen. Pervez Musharraf for his services during the devastating earthquake that hit the Northern areas of Pakistan in October 2005. He has also been awarded honorary Ph.D. (Honorius Cause) degrees by private institutes like Biztek Institute of Higher Education and the Indus Institute of Higher Education.
AKD helped launch a $1.5 Million effort to eradicate polio by 2007. Pakistan is among the only three countries left with the polio. Not only he takes active role in women empowerment and leadership development, he is also a trustee and member of Board of Directors of The Indus Hospital, The Shaukat Khanum Memorial Hospital and the Resource Development Committee of Aga Khan Hospital.
AKD Group is a major force in Pakistan's real estate market with extensive interests in numerous residential and commercial real estate projects all across the country. The Group has beneficial ownership in Karim Centre, situated in Saddar, Karachi. Among other projects, AKD Group has also ventured into the development and construction of Creek View & Creek Terraces opposite Golf Club Karachi. AKD Capital was one of the 1st two companies to have been awarded Real Estate Investment Trust (REITs) license.
In addition to the AKD GROUP, Aqeel Karim Dhedhi has separately taken on some projects to address issues that interest him personally, such as delivering clean energy to everyone who needs it. In all his work—with the foundation and otherwise—he’s focused on what he calls catalytic philanthropy: investments in innovations that will improve life for the poorest. They’re solutions to problems where markets and governments underinvest.
Starting your own business is definitely not a walk in the park, nor is it as easy as simply sayingCONTINUE READING