DNA
Lahore: The Chainstore Association of Pakistan (CAP) has announced the election of Asfandyar Farrukh as its new Chairman. As a founding member of the Association, Farrukh’s leadership is expected to drive innovation and growth within the retail sector. His appointment was confirmed during the Annual General Meeting (AGM) held at the CAP head office in Lahore, officially assuming his role on Monday.
Mr. Farrukh brings a wealth of experience and insight to the position, having been actively involved in the development and growth of the retail landscape in Pakistan. His vision for the Association includes fostering collaboration among members, advocating for industry standards, and addressing the evolving needs of retailers in a rapidly changing marketplace.
In addition to Mr. Farrukh’s appointment, the AGM also welcomed a new slate of office bearers. Ahsen Mahmood from Charcoal has been elected as Senior Vice Chairman, and Altaf Hashwani from Sana Safinaz will serve as Vice Chairman. These appointments reflect the Association’s commitment to strong leadership and strategic direction.
The newly formed executive committee includes a diverse group of esteemed industry professionals, each bringing unique expertise and perspective. The committee members are: Muhammad Fahad Dandia from Effjay Apparel, Shahzad Mobin from WalkEaze, Jawad Musaddiq from Urbansole, Mustafa Zaman from Sefam (Pvt) Ltd, Muhammad Imran Saleemi from Rainbow Cash & Carry, Muhammad Qasim from Firhaj Footwear (Pvt) Ltd, Wahaaj Tariq from Maypole (Pvt) Ltd, Women entrepreneurs Hasina Hasnain from A. Moosajee Sons and Naila Naqvi from Pie in the Sky. This dynamic team is poised to tackle the challenges facing the retail industry, championing initiatives that promote sustainability, innovation, and consumer engagement.
Mr. Rana Tariq Mehboob, the outgoing Chairman of CAP, will continue to support the Association in his role as Patron-in-Chief. His extensive experience and commitment to the retail sector will remain invaluable as the new leadership embarks on its agenda.
The Chainstore Association of Pakistan is dedicated to representing the interests of its members and advocating for the retail industry at large. With Mr. Farrukh at the helm, the Association is set to enhance its efforts in promoting best practices, sharing industry insights, and fostering a collaborative environment among retailers. New Chairman CAP Mr. Asfandyar Farrukh expressed his gratitude for the opportunity to serve as Chairman, stating, “I am honored to lead the Chainstore Association of Pakistan. Together with our new executive committee, I look forward to addressing the challenges and opportunities within our industry. Our goal is to ensure that the retail sector not only thrives but also adapts to the ever-changing landscape of consumer behavior and technology.”
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