Mian Mohammad Mansha

Mian Muhammad Mansha is the head of the Mansha family and the chairman of the Nishat Group. He is regarded as one of the richest persons in Pakistan. He owns textile mills, the Muslim Commercial Bank and is a major player in cement. He is highly influential in the textile sector in Pakistan. In 2004, Mansha's group and his preferred candidate were defeated by a margin of two votes in the All Pakistan Textile Mills Association (APTMA). Subsequently, Mansha resigned from APTMA. He is also the biggest single exporter in Pakistan.

Some people in Pakistan claim that this group is has net worth of US$2.5 billion (rs300b claimed in jang paper) [http://www.jang.com.pk/thenews/dec2006-weekly/nos-31-12-2006/lit.htm#3 %] [ [http://www.dgcement.com/article.php?nCatId=113 DG. Khan Cement Company Limited ] ] Forbes magazine has not included any Pakistani billionaire in its list, not even Sir Anwar who according to UK's only official rich list is worth £543m ($1.08b) [ [http://business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_search/ Search the Sunday Times Rich List 2008 ] ] .

Nishat Group companies include: Nishat Textiles, Dera Ghazi Khan Cement Company, Adamjee Insurance, and Muslim Commercial Bank. Mian Mohammad Mansha is on the board of 45 companies in Pakistan and is one of the most powerful and influential persons in the country. He was awarded the Tamgha-e-Imtiaz civil award by President Musharraf on March 23, 2004. Nishat Mills Limited is also the largest exporting entity in Pakistan.

References

ee also

* Nishat Textiles
* Dera Ghazi Khan Cement Company
* Muslim Commercial Bank
* List of Pakistanis by net worth