Majyd Aziz Balagamwala

Majyd Aziz Balagamwala is a Karachi born business tycoon and industrialist. He is president of a family-owned enterprise named MHG Group of Companies. He held numerous prestigious positions in various native and international business and industrial forums.

Early Life and Education

He was born to Zubeda Tayoob and Abdul Aziz Haji Omer Balagamwala on August 15, 1950.He did his Matric in 1958-67 from St. Patrick's High School, Karachi, and his I.Com from St. Patrick's College, Karachi. He did his B.S in Business Administration in 1969-72 and Master in Management in 1972-73 from Ball State University, Muncie, Indiana, United State of America.

Leadership

He is the former President of the Karachi Chamber of Commerce and Industry (2006-2007).He was twice the Chairman of SITE Association of Industry, Karachi, which represents 3000+ industries in SITE, Karachi and today contributed 25% of revenue of the National Exchequer. He was the longest serving Chairman of the government-owned SME Bank Ltd and is at present the Member of the Board of Directors of the government-owned Zarai Taraqiati Bank Ltd (erstwhile Agriculture Development Bank Ltd). He always raised his voice for traders since businesses in Karachi due to criminal gangs many are relocating their families to escape of insecurity.