PAKISTAN INTERNATIONAL CONTAINER TERMINAL LIMITED Theme On The Cover
Pakistan International Container Terminal Limited [PICT] is the only listed container terminal in Pakistan and is part of Global Terminal Operators, International Container Terminal Services Inc. PICT operates an important segment of the overall trade cycle and witnesses prosperous trading growth, particularly in Pakistan's high value-added exports. To ensure that PICT remains the leading "Terminal of Choice" for export and overall commerce at Karachi Port, it provides meticulous devotion to its clientele through dedicated customer centric services.
Contents
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Vision and Mission
Core Values
Company Information
Profile of the Board of Directors
Chairman's Review
Directors' ReportKey Operating & Financial DataPage 31
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Bauan International Port, Inc. Cavite Gateway Terminal
Independent Auditors' Review Report to
the Members on Statement of Compliance
Statement of Compliance with the Listed
Companies (Code of Corporate Governance)
Regulations, 2019
Independent Auditors' Report to the Members
on Audit of the Financial Statements
Financial Statements
Pattern of Shareholding
Davao Integrated Port and Stevedoring Services Corp. Hijo International Port Services, Inc.
Laguna Gateway Inland Container Terminal Manila Harbor Center Port Services, Inc. Manila International Container Terminal Manila North Harbor Port, Inc. Mindanao Container Terminal
South Cotabato Integrated Port Services, Inc. Subic Bay International Terminal Corp.
We work hard at our tasks, believing in performing dutifully, and in committing to first-rate work. Beyond duty, we are willing to go the extra mile. Our company has no room for mediocrity. Focused, punctual and dedicated are a few indisputable attributes PICT employees possess
Our purpose in doing our work is to grow: grow as individuals, expand as a business, and progress as a global organisation. More than sustaining lives, we work because of self-worth and dignity. As we further improve ourselves personally and professionally, we believe that the stability and continuous growth of PICT follows
We care; we respect. We support each other to ensure that PICT remains viable, and that relations with stakeholders of the port community are stable. We work to sustain our families, pay our dues, or help a relative or a neighbor in need. We value and strive to promote workplace harmony, recognising the vital role that interdependence has played in PICT's ceaseless effort to achieve excellence
We value our work and take responsibility for our actions. We also carry a positive attitude, believing that by working with optimism and self-fulfillment, we produce positive results for the company and for ourselves. PICT management and employees give worth to being employed
Company Information
(Appointed on January 07, 2022)
Board of Directors Chairman
Mr. Hans-Ole Madsen
(Non-Executive Director)
Directors
Mr. Arnie Dizon Tablante
(Non-Executive Director) (Appointed on January 07, 2022)
Mr. Bilal Shahid
(Non-Executive Director)
Mr. Gordon Alan P. Joseph
(Independent Director)
Mr. Jacob Christian Gulmann
(Non-Executive Director)
Ms. Lirene Coloquio Mora-Suarez
(Non-Executive Director)
(Appointed on January 07, 2022)
Mr. Rune Rasmussen
(Independent Director)
Ms. Gigi lluminada Miguel
(Non-Executive Director)
(Resigned on January 07, 2022)
Company Secretary Mr. Adil Siddique
Audit Committee Chairman
Mr. Rune Rasmussen Members
Mr. Arnie Dizon Tablante
(Appointed on January 07, 2022)
Mr. Bilal Shahid
Ms. Gigi lluminada Miguel
(Resigned on January 07, 2022)
Chief Internal Auditor Mr. Moammar Raza
Risk Management Committee Chairman
Mr. Gordon Alan P. Joseph Members
Mr. Bilal Shahid
Mr. Hans-Ole Madsen
Human Resource & Remuneration Committee Chairman
Mr. Gordon Alan P. Joseph Members
Mr. Hans-Ole Madsen
Ms. Lirene Coloquio Mora-Suarez
Key Management Chief Executive Officer Mr. Khurram Aziz Khan
Chief Financial Officer Mr. Muhammad Hunain
External Auditors EY Ford Rhodes
Chartered Accountants, 6th Floor, Progressive Plaza, Beaumont Road, P.O. Box 15541, Karachi-75530
Legal Advisor
Usmani & Iqbal, 111/II, 27th Street, Phase VI, Khayaban-e-Muhafiz, D.H.A, Karachi
Bankers
Faysal Bank Limited Habib Bank Limited National Bank of Pakistan Samba Bank Limited
Standard Chartered Bank (Pakistan) Limited United Bank Limited
Registered & Terminal Office
Berths 6-9, East Wharf, Karachi Port, Karachi UAN: +92-21-111 11 7428 (PICT)
Fax : +92-21-3285-4815
Email:investor-relations@pict.com.pkWebsite:www.pict.com.pk
Share Registrar/ Transfer Agent CDC Share Registrar Services Limited 99-B, Block 'B', SMCHS,
Main Shahra-e-Faisal, Karachi- 74400
Tel: +92-21-111-111-500 Fax: +92-21-34326053
Mr. Hans-Ole Madsen has over 36 years of international experience within the Port, Shipping & Logistic industry. Mr. Madsen is the Senior Vice President, Regional Head for Europe, Middle East, and Africa of International Container Terminal Services Inc. Alongside he is a Director of several other ICTSI group companies. Mr. Madsen spent 27 years with the A.P. Moller Maersk Group in various international senior positionsMr. Arnie D. Tablante has been associated with ICTSI since 2007. He is currently serving as the Treasurer, Global Corporate Investor Relations & Treasury at ICTSI and concurrently is also a Director of South Cotabato Integrated Port Services Inc. He has also served as the Risk and Capital Director of ICTSI. Prior to joining ICTSI, he was already a seasoned banker, having been connected with Union Bank of the Philippines. Mr. Tablante received his Master's Degree in Business Administration from the Asian Institute of Management, and is a graduate of BS in Industrial Management Engineering from the De La Salle University.
Mr. Bilal Shahid's has more than 15 years of diversified professional experience in the development of seaports, managing port operations, multinational logistics services, transport, warehousing, stevedoring, and off-dock container terminal operations. He has been the Director in numerous companies of the Bilal Group. He is a Certified Public Accountant (CPA) from New Jersey, US and also holds B.Sc. in Accounting from Louisiana State University (LSU).
Mr. Gordon Alan P. Joseph is an Independent Director. Gordon Alan P. Joseph is the Honorary Consul of Kingdom of the Netherlands to the Philippines, and concurrently the Chairman of the Executive Committee of the Metro Cebu Development Coordinating Board. Mr. Gordan also serves as Chairman of the Infrastructure and Power Committees of the Regional Development Council, for Region VII in the Central Philippines. He is also the largest shareholder and CEO of Philpacific Insurance Brokers, Inc., one of the 10 largest insurance brokers in the Philippines. Mr. Joseph has a Bachelor's degree from De La Salle University Manilla in 1979.
Mr. Jacob Christian Gulmann has been with ICTSI since 2013, first as Director of Business Development and presently as Managing Director of ICTSI's terminal operations in Onne, Nigeria. Prior to this Mr. Gulmann was with the A.P. Moller Maersk Group where he held positions in finance and business development. Mr. Gulmann is a graduate of Oxford University.
Ms. Lirene C. Mora-Suarez has been associated with ICTSI since April 2007. She is currently serving as the Director, Global Corporate Legal Affairs Department of ICTSI. She is a seasoned lawyer with more than 17 years of experience. She was awarded "2019 Woman Lawyer of the year"and was Young Lawyer of the Year 2019 finalist by Asian Legal Business Philippine Law Awards. Ms. Lirene received her Bachelor's degree in Law from the University of Philippines.
Mr. Rune Rasmussen is an Independent Director, Mr. Rune Rasmussen has more than 16 years of extensive Experience in Asset Management, directing large investment projects and portfolios, business transformations and facilitating change management. He had been holding senior management roles in Valais Investment Management, Dexia Bank and Acuma Wealth Management in past. Mr. Rune holds a Master's degree in economics from University of Copenhagen.
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Pakistan International Container Terminal Ltd. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 08:43:06 UTC.
