this presentation is little summary about Nishat group and its CEO Mian Mohammad Mansha.
Its basically a family business which one of the biggest business of Pakistan.
2. Nishat Group Introduction
– Founded in 1948 by Mian Mohammad with his three brothers
– The father of Mian Mohammad Mansha
– Named after Nishat Haroon
– Currently having 21 companies 13 listed
3. Mian Mohammad Mansha
– Born in December 1, 1947 in Chinnot near Lahore
– Current CEO of Nishat Group
– Richest business man of Pakistan
– Studied business in London
– Came back Pakistan in 1968
– Joined business in 1969 after the death of his father
4. Big steps of Mian Mansha as a
Businessman
– He split out business with his uncles.
– Friendship with politician Nawaz Sharif.
– Acquisitions and expansion of business.
– Marriage with Naz the daughter of riches business man Yusuf Saigol.
– Sold 20% of MCB bank.
5. He split out business with his
Uncles
– When he joined the business the 1st thing he did was the separation of business
with his uncles and even he paid extra amount to them.
6. Friendship with politician
Nawaz Sharif
– He is a good friend with Nawaz Sharif.
– Nawaz Sharif helped him to buy MCB bank.
– And he also entered in cement business.
– “Usually there are two kinds of books in CEOs shelves, how to make money,
and how to remain Zen. But half of mine are on politics.” -Mian Mohammad
Mansha
The Lahore offices of the Muslim
Commercial Bank.
7. Acquisitions and Expansion of
Business
– “I have had many lucky breaks. Lady Luck has always been on my side. New
projects just crop up before I stop doing the old ones" -Mian Mohammad
Mansha
8. Marriage with Naz Saigol
– Naz Saigol is the daughter of Yusuf Saigol.
– Increased his net worth by marrying Naz.
Mian Mansha with his sons and wife
9. Marriage with Naz Saigol
(contd..)
– Naz is also the CEO of NL Nishat Lines.
An outlet of NL in Hyderabad
10. Sold 20% of MCB bank
– In 2008 at the tough time of Pakistan when there was the worst bomb blast
happened in Marriott Islamabad.
– Also at that time Pervaiz Musharaf was in government.
– He managed to sold out 20% of MCB bank to Malaysia and survived.
Marriott after bomb blast in 2008
11. Reasons of his success?
There are the few reasons behind the success of Mansha:
-He knows the perfect timings
-He never stays
-He hires young people in his companies and
-Off course the luck played out major role in his success throughout his career.