Prominent businessman and philanthropist Rafiq Habib, the founding chancellor of Habib University and a leading figure in Pakistan’s corporate sector, has passed away. He was widely respected for his role in building one of the country’s most diversified business groups and for his long-standing contributions to education and philanthropy.
Rafiq Habib was a central figure in the Habib Group, a conglomerate with interests in banking, finance, energy, real estate, and education. Beyond his business acumen, he was admired for his vision to strengthen Pakistan’s higher education sector, most notably through the establishment of Habib University in Karachi, which has become a hub for liberal arts and sciences.
Leaders from across Pakistan, including government officials, business executives, and academics, expressed deep sorrow over his passing, recognizing him as a pioneer of corporate excellence and social responsibility.
In a statement, Habib University described him as a guiding light: “Rafiq Habib’s legacy will continue to inspire future generations. His vision and generosity built an institution that will serve Pakistan for decades to come.”