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Consigliere, Juggler and Business Partner - Today's In House Lawyer

January 2015
ManagementIndustry

Abstract

“…I don't want a Lawyer to tell me what I cannot do; I hire him to tell me how to do what I want to do.” J.P. Morgan’s thoughts perhaps echo the 21st century business leaders’ expectations of their in-house legal functions. Of course this is not to say that ethical, legal and regulatory concerns need to be overlooked or otherwise side stepped to enable the J.P. Morgan’s of today to crystallize their vision for the businesses they run, but rather for in house lawyers led by competent General Counsel’s to be seen as partners to business, ‘enablers’ rather than the traditional role of ‘naysayers’ or obstacles to business plans and visions.

Author

Faiz Chapra
General Manager Legal, Engro Corporation, Pakistan

Faiz Chapra is a UK Qualified Solicitor specializing primarily in corporate and commercial transactions including banking and finance matters. He has practiced in the UK, Dubai and now Pakistan and has previously worked in private practice in London before moving in- house to advise a global financial service provider in setting up its operations in the Middle East. Subsequently he headed the legal function for the lending arm of a regional Middle Eastern investment bank and is currently employed as a senior lawyer in one of the largest conglomerates in Pakistan, Engro Corporation with interests in (among others) the FMCG, Fertiliser and Power sectors. Faiz also acts as Company Secretary for two of Engro Corporation's listed subsidiaries.

Company

Engro Corporation

Engro Corporation Limited (a publicly listed company) is one of Pakistan’s largest conglomerates with businesses ranging from fertilizers to power generation. Currently Engro Corporation’s portfolio consists of diversified businesses (each operated through a subsidiary) which include chemical fertilizers, PVC resin, bulk liquid chemical terminal, foods, power generation and commodity trade.

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