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Who is the Owner of Shield Company?

Published in Corporate Governance 2 mins read

Shield company, formally known as Shield Corporation Limited (SCL), is a publicly traded entity listed on the Pakistan Stock Exchange (PSX). As a publicly listed company, its ownership is distributed among its various shareholders.

While ownership resides with shareholders, the leadership and governance of Shield Corporation Limited are guided by key individuals, particularly from the Qassim family, who hold significant executive and directorial roles.

Key Leadership Roles at Shield Corporation Limited

The management and strategic direction of SCL are overseen by its Board of Directors and executive management. The prominent figures responsible for the company's governance and operations include:

Role Name
Chairperson Ebrahim Qassim
Chief Executive Officer (CEO) M. Haroon Qassim
Company Secretary Hafiz Muhammad Hasan

Role of the Chairperson

Ebrahim Qassim, as the Chairperson of Shield Corporation Limited, presides over the Board of Directors. The Board's primary responsibility is to represent the interests of the shareholders and oversee the company's management and strategic direction. In many corporate structures, especially those with strong founding family involvement, the Chairperson often represents a significant or controlling interest within the company's overall ownership structure.

Understanding Company Ownership

For publicly traded companies such as Shield Corporation Limited, ownership is not typically held by a single individual or entity. Instead, it is diffused among a multitude of individual and institutional investors who acquire shares in the company. Each share represents a fractional ownership interest. Therefore, rather than a singular "owner," the company is collectively owned by its shareholder base.

For more detailed information regarding Shield Corporation Limited, its corporate profile can be accessed on the PSX Data Portal.