Sadruddin Hashwani is a Pakistani

hotelier A hotel manager, hotelier, or lodging manager is a person who manages the operation of a hotel, motel, resort, or other lodging-related establishment. Management of a hotel operation includes, but is not limited to: management of hotel staff, b ...

and

businessperson A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial ...

who is the

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of Hashoo Group.

Biography

Sadruddin Hashwani was born in 1940 in

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

Sind Sindh ( ; ; , ; abbr. SD, historically romanized as Sind or Scinde) is a province of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest provin ...

British India The provinces of India, earlier presidencies of British India and still earlier, presidency towns, were the administrative divisions of British governance in South Asia. Collectively, they have been called British India. In one form or another ...

into a

Khoja The Khoja are a caste of Muslims mainly members of the Nizari Ismaʿiliyyah sect of Islam with a minority of followers of Shia Islam originating the western Indian subcontinent, and converted to Islam from Hinduism by the 14th century by the Pe ...

Isma'ili Ismailism () is a branch of Shia Islam. The Isma'ili () get their name from their acceptance of Imam Isma'il ibn Jafar as the appointed spiritual successor (Imamate in Nizari doctrine, imām) to Ja'far al-Sadiq, wherein they differ from the ...

family. Hashwanis had migrated with the third Ismaili Imam

Agha Khan Aga Khan (; ; also transliterated as ''Aqa Khan'' and ''Agha Khan'') is a title held by the Imām of the Nizari Ismāʿīli Shias. The current holder of the title is the 50th hereditary Imām, Prince Shah Rahim al-Hussaini, Aga Khan V since ...

from Persia in the early 1900s and settled in Lasbela,

Balochistan Balochistan ( ; , ), also spelled as Baluchistan or Baluchestan, is a historical region in West and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. This arid region o ...

. Hashwani studied at the

University of Karachi The University of Karachi (; informally Karachi University, KU, or UoK) is a public research university located in Karachi, Sindh, Pakistan. Established in June 1951 by an act of Parliament and as a successor to the University of Sindh (which is ...

and in 1960 founded the Hassan Ali Company along with his brother. By 1970s, it had become one of the leading cotton trading company of Pakistan. However, the company was nationalised in 1973. In 1978, he launched the

Holiday Inn Holiday Inn by IHG is a chain of hotels based in Atlanta, Georgia and a brand of IHG Hotels & Resorts. The chain was founded in 1952 by Kemmons Wilson (1913–2003), who opened the first location in Memphis, Tennessee. The chain was a division ...

hotel in

in 1981 and later in Islamabad. Both of the hotels were converted into Marriott brand in 1990s. In 1985, Hashwani made a successful bid for the majority shares of Pakistan Services Limited, which then owned four Inter-Continental Hotels across Pakistan, the hotels were re-branded as Pearl-Continental Hotels. In 2014, Hashwani published his best-selling memoir ''Truth Always Prevails''. In April 2016, he and his son, Murtaza Hashwani, were named in the

Panama Papers The Panama Papers () are 11.5 million leaked documents (or 2.6 terabytes of data) published beginning April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities. These document ...

Bibliography

* Hashwani, Sadruddin (2014). ''Truth Always Prevails''

Awards and recognition

* 2019:

Nishan-e-Imtiaz The Nishan-e-Imtiaz (; ) is one of the state organized Civil decorations of Pakistan, civil decorations of Pakistan. It is awarded for achievements towards world recognition for Pakistan or outstanding service for the country. However, the awa ...

References

{{DEFAULTSORT:Hashwani, Saddaruddin Living people 1940 births Pakistani industrialists Pakistani Ismailis Pakistani hoteliers Muhajir people Pakistani people of Gujarati descent Pakistani expatriates in the United Arab Emirates Businesspeople from Karachi University of Karachi alumni People named in the Paradise Papers People named in the Panama Papers Khoja Ismailis