Ali Jehangir Siddiqui

Ambassador
Ali Jehangir Siddiqui
Siddiqui in 2018
Ambassador of Pakistan to the United States
Assumed office
29 May 2018
Nominated by Shahid Khaqan Abbasi
Preceded by Aizaz Ahmad Chaudhry
Special Assistant to the Prime Minister
In office
31 August 2017  28 May 2018
Personal details
Nationality Pakistani
Alma mater Cornell University

Ali Jehangir Siddiqui,علی جہانگیر صدیقی, is a Pakistani diplomat, businessman and entrepreneur. He currently holds the position of Pakistan Ambassador to the United States. He has previously served as Special Assistant to the Prime Minister of Pakistan with the status of Minister of State.[1]

He has also served in various business advisory councils, public-private partnership think tanks and has been appointed by the Government of Pakistan to various economic and commercial entities.

On 8 March 2018, he was appointed by Prime Minister of Pakistan as Ambassador to the United States of America.[2]

On 15 August 2018, he was summoned by the National Accountability Bureau of Pakistan for inquiry into corruption charges.

Siddiqui[3] founded JS Bank, in 2006 by acquiring American Express Bank's[4] Pakistan operations and growing it to $4 billion in assets, 5000 employees and branches in 160 cities in Pakistan.

Ali J. Siddiqui has served as the chief investment officer and managing partner at JS Private Equity and JS Private Equity Fund.[5] He is the son of Jahangir Siddiqui, a Pakistani businessman and philanthropist.

Career background

Siddiqui[6] founded JS Bank, in 2006 by acquiring American Express Bank's[4] Pakistan operations. The Bank grew from 4 branches in 2006 to 323 branches at present. It also has an international branch in Bahrain. JS Bank Limited is a scheduled bank engaged in commercial banking and related services categorized into five business units, Retail Banking, Wealth Management, Corporate Banking, Investment Banking and Treasury.

Ali Siddiqui also established and served as Chairman of JS Private Equity Management (JSPE Management), one of the larger domestic private equity asset management firms.

During the period 2002-2003 he was an Executive Director of JS Investments, a mutual fund management firm regulated by the Securities and Exchange Commission of Pakistan.

Prior to moving to Pakistan in 2002, Siddiqui worked in Hong Kong as a Director with Crosby Capital[7] a private equity asset management firm that managed funds managed on private and governmental entities.[8]

Entrepreneurship

Ali has over the years partnered with other value investors to establish a range of different businesses including:

  • Arabian Gulf Steel (a steel producer in the United Arab Emirates)
  • Jura Energy (an upstream energy company in Pakistan)
  • RAK Ghani Glass (the largest pharmaceutical glass producer in the Middle East)

Philanthropy

Until his appointment to the government in 2017, Siddiqui was honourary CEO of the Mahvash and Jahangir Siddiqui Foundation (MJSF) a non-profit organization working in the education, healthcare and social enterprise sectors.[9] As CEO of the Mahvash & Jahangir Siddiqui Foundation (MJSF), Ali Jehangir inaugurated the MJSF Art Gallery to promote Art and Culture within Pakistan.

MJSF directly provides emergency relief in humanitarian crises and implements projects in disaster zones in partnership with UN agencies.[10]

Public Sector

During his time in Pakistan, Siddiqui served as a member of:

  • Privatisation Commission
  • Private Sector Advisory Board of the Planning Commission
  • Sindh Board of Investment
  • Community Development Board of the Government of Sindh

Academia

An advocate of educational development, Siddiqui has been a guest lecturer at the following educational institutions:

Board experience

He has served on the boards of a number of companies in Pakistan including public listed companies in the technology, building materials, reinsurance and port management sectors. [13]

Education

He received his BA in Economics from Cornell University in New York.

Family

He is married to Saira Munir Ahmed and has two daughters.

Multilateral experience

Organisation of Islamic Cooperation

Along with senior members of the government, Ali served as member of Pakistan's 2017 and 2018 delegations to the OIC[14]

Commonwealth Heads of Government Meetings

During his time as Special Assistant to the Prime Minister, Ali engaged with foreign government representatives at multiple forums.[15]


As part of his government service, Ali participated in United Nation’s General Assembly sessions on behalf of Pakistan alongside other ministerial representatives.[16]

Special Assistant to the Prime Minister

In August 2017, he was appointed as special assistant to Prime Minister of Pakistan Shahid Khaqan Abbasi with the status of 'Minister of State'.[17]

Awards and achievements

Honoured as Young Global Leader

In 2014, he was honoured by the World Economic Forum as a Young Global Leader.[18]

References

  1. "PM Abbasi okays Ali J. Siddiqui's appointment as US ambassador". Dawn. dawn.com.
  2. "M nominates Ali Jahangir Siddiqui as ambassador to US". The Express Tribune. tribune.com. 8 March 2018. Retrieved 8 March 2018.
  3. http://embassyofpakistanusa.org/biography/
  4. 1 2 "American Express merged into JS Bank". Business Recorder.
  5. "Ali Jahangir Siddiqui". bloomberg.com. Retrieved 25 January 2016.
  6. http://embassyofpakistanusa.org/biography/
  7. "Ali Jahangir Siddiqui". Pride of Pakistan.
  8. Idrees, Mahmood (March 8, 2018). "Ali Jahangir Siddiqui appointed new ambassador to US: reports". Daily Pakistan. Archived from the original on March 8, 2018. Retrieved March 8, 2018.
  9. Administrator. "Board of Directors". mjsf.org. Retrieved 2018-03-19.
  10. Novogratz, Jacqueline (2010-09-02). "Dispatches From Pakistan". Huffington Post. Retrieved 2018-03-19.
  11. "Ali Jehangir new Pak envoy to US". The Nation. Retrieved 2018-03-19.
  12. "Executive-in-Residence: Ali Siddiqui". William & Marry School of Business.
  13. "Ali Jehangir Siddiqui has served on the boards of a number of companies in Pakistan including public listed companies in the technology, building materials, reinsurance and port management sectors". Embassy Of Pakistan USA.
  14. https://en.dailypakistan.com.pk/headline/gaza-carnage-pm-abbasi-leaves-for-turkey-to-attend-extraordinary-oic-summit/
  15. https://dailytimes.com.pk/230252/pm-joins-world-leaders-at-chogm-2018-in-uk/
  16. http://www.dailymotion.com/video/x61jrpw
  17. Reporter, The Newspaper's Staff (31 August 2017). "Ali Jahangir appointed special assistant to PM". Retrieved 5 March 2018.
  18. http://www.jsbl.com/wp-content/uploads/2016/09/Directors-Profile.pdf
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