Mian Mohammad Mansha

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Mian Mohammad Mansha is the head of the Mansha family and the chairman of the Nishat Group. He is regarded as one of the richest persons in Pakistan. He owns textile mills, the Muslim Commercial Bank(MCB) and is a major player in Cements. He is highly influential in the textile sector in Pakistan. In 2004, Mansha's group and his preferred candidate were defeated by a margin of 2 votes in the All Pakistan Textile Mills Association. Subsequently, Mansha resigned from APTMA. He is also the biggest single exporter in Pakistan.

Some people in Pakistan claim that this group is has net worth of $2.5 billion (rs300b claimed in jang paper)[1] [2] Forbes magazine has not included any Pakistani billionaire in its list, not even Sir Anwar who according to UK's only official rich list is worth £543m ($1.08b)[3]. Forbes tend to always miss out a few leading tycoons who have no made their presence felt.

Nishat groups companies include: Nishat Textiles, Dera Ghazi Khan Cement Company, Adamjee Insurance, and Muslim Commercial Bank]. Mian Mohammad Mansha is on the board of 45 companies in Pakistan and is one of the most powerful and influential person in the country. He was awarded Pakistan’s highest civil award by President Musharraf on 23rd March, 2004. Nishat Mills Limited is also the largest exporting entity in Pakistan.

[edit] References

  1. ^ http://www.jang.com.pk/thenews/dec2006-weekly/nos-31-12-2006/lit.htm#3 %
  2. ^ DG. Khan Cement Company Limited
  3. ^ Search the Sunday Times Rich List 2008

[edit] See also