Managing Director, Abraaj Capital
Mr. Waqar Siddique is a Managing Director and a member of the Board of Directors of Abraaj Capital Holdings Limited. He specialises in strategic business development, operations and risk management in the Middle East and South Asia.
In his capacity as Chief Executive Officer of Abraaj Managers Limited, Mr. Siddique is responsible for overseeing Abraaj’s post-acquisition activities. He leads a team of senior professionals focused on managing and creating value in Abraaj’s partner companies spread across 12 countries in the MENASA region. He also represents Abraaj on the board of several companies, including as Chairman of the Board of Directors of Karachi Electric Supply Company (KESC), Jordan Aircraft Maintenance Limited (JorAMCo) and Gulf Marine Maintenance and Offshore Service Company (GMMOS). In addition, he serves as a member of the Board of Governors of the Institute of Business Administration in Karachi, the oldest business school outside North America. He is a trustee of Pakistan’s AMAN Foundation.
Before joining Abraaj, Mr. Siddique was the CEO of Cupola Group. In 1999, he was one of the senior directors who concluded a landmark private equity deal when Cupola acquired Inchcape plc’s interests in the Middle East. He was extensively involved and spearheaded many subsequent exits by Cupola. Before Cupola, he worked for Mawarid Holding Company, a leading business conglomerate based in Riyadh, Saudi Arabia. He was also a Senior Consultant with PricewaterhouseCoopers in Pakistan. Mr. Siddique is married with two children. He started his career in 1982 and holds an MBA, specialising in finance.