Rafiq Habib, one of Pakistan’s leading business tycoons, passed away on Wednesday in Dubai. Born in 1937, Habib was the former chairman of the House of Habib – a financial and business conglomerate in Pakistan that employs over 15,000 people across various sectors – and founding chancellor of the Habib University Foundation, where he was actively involved in helping devise innovative approaches to education. He had received multiple awards for his leadership and innovative approach to solving industry problems.Rafiq Habib was also a trustee of several welfare projects that cover a wide range of activities, including education, healthcare, relief and rehabilitation. “He reminded us that this university was not merely to be an academic institution, but a living embodiment of the Habib family’s century-long commitment to the public good, to education, and to the higher values of service,” wrote Wasif Rizvi Founding President, Habib University, in a statement. “Rafiq Sahib was a man of immense dignity, gentleness, and resolve. He never sought the spotlight, yet his quiet strength anchored us all,” he added. The House of Habib is a long-standing Pakistani business group that traces its origins to 19th-century Bombay. Over time, it has grown into a diversified conglomerate with interests in banking, insurance, automotive manufacturing, packaging, building materials, and energy.
Business tycoon Rafiq Habib dies in Dubai
