Board of Trustees
In 2018, the IIS became a registered charity in the UK. The Board of Trustees is the principal governing body, responsible for setting the strategic direction and policies governing all aspects of the IIS’s activities. It has a legal obligation to act in the best interests of the IIS and is responsible for approving all budgets and operational plans. Members include:
His Highness the Aga Khan is the 49th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims. In the context of his hereditary responsibilities, His Highness has been deeply engaged with the development of countries around the world for more than 60 years through the work of the Aga Khan Development Network (AKDN).
The AKDN is a group of private, international, non-denominational agencies working to improve living conditions and opportunities for people in specific regions of the developing world. The Network’s organisations have individual mandates that range from the fields of health and education to architecture, rural development and the promotion of private-sector enterprise.
Together, they work towards a common goal – to build institutions and programmes that can respond to the challenges of social, economic and cultural change on an on-going basis. The AKDN works in close partnership with public and private institutions, including amongst others, governments, international organisations, companies, foundations, and universities.
AKDN’s social development agencies include the Aga Khan Health Services, Aga Khan Education Services, Aga Khan Academies, the Aga Khan Agency for Microfinance, the Aga Khan Foundation, Aga Khan Agency for Habitat as well as two universities, the Aga Khan University and the University of Central Asia. The Aga Khan Trust for Culture co-ordinates AKDN’s cultural activities, including the Aga Khan Award for Architecture, Historic Cities Programme, Aga Khan Music Initiative, Aga Khan Museum, and Aga Khan Program for Islamic Architecture (at Harvard and MIT).
The Aga Khan Fund for Economic Development (AKFED) is a development agency dedicated to promoting entrepreneurship and building economically sound enterprises in the developing world, often in countries that lack sufficient foreign direct investment. AKFED reinvests profits in further development initiatives.
The Ismaili Muslims are a global, multi-ethnic community whose members, comprising a wide diversity of cultures, languages and nationalities, live in Central Asia, the Middle East, South Asia, sub-Saharan Africa, Europe and North America.
The Aga Khan succeeded his grandfather, Sir Sultan Mahomed Shah Aga Khan, as Imam of the Shia Ismaili Muslims in 1957 at the age of 20. Since taking on his role in 1957, he has dedicated his efforts to improving the quality of life of the most vulnerable populations, while emphasising the view of Islam as a thinking, spiritual faith: one that teaches compassion and tolerance and that upholds human dignity.
In recognition of his exceptional efforts and contributions to human development and improving the social condition of societies globally, the Aga Khan has, over the last six decades, received numerous decorations, honorary degrees, and awards from institutions and nations across the world.
Naguib Kheraj is a banker by background. He began his career at Salomon Brothers in 1986 and went on to hold a number of senior positions at leading international financial institutions. Over the course of 12 years at Barclays, Naguib served as Group Finance Director and Vice-Chairman and in various business leadership positions. He was Chief Executive Officer of JP Morgan Cazenove, a London-based investment banking business. Naguib is currently Deputy Chairman of Standard Chartered, an international banking group and Chairman of Rothesay Life, a specialist pensions insurer and is a member of the Finance Committee of Oxford University Press.
Mr Kheraj is a former Non-Executive Director of National Health Service England, and has served as a Senior Adviser to Her Majesty’s Revenue and Customs Service and to the Financial Services Authority in the UK. He has also served as a member of the Board of the UK-US Fulbright Commission, the Princes Trust Development Board and the Investment Committee of the Wellcome Trust.
Mr Kheraj spends a substantial proportion of his time as a Senior Advisor to the Aga Khan Development Network and serves on the Boards of various entities within the Aga Khan Development Network including the Aga Khan University and the University of Central Asia and is Chairman of the Aga Khan Development Network Endowment Committee.
Naguib was educated at Dulwich College, London and Cambridge University where he graduated with a degree in Economics.
Zauhar A. Meghji was born in Tanzania where he attended the Aga Khan Boys Primary and Secondary Schools. He came to the United Kingdom in 1968 where he continued his education, reading Chemical Engineering at the University of Cambridge. He subsequently went on to obtain a Master's degree in Computer Science from Imperial College of Science and Technology in London. Mr Meghji is an entrepreneur with diverse interests. He has served in an honorary capacity in numerous institutions over the years. These include roles as President of the Ismaili Council for the United Kingdom, Vice-Chairman of the Aga Khan Foundation (UK), Member of Education on the Ismaili Council for the United Kingdom, Honorary Secretary of the Ismaili Tariqahand Religious Education Board for the United Kingdom, and as member on the Board of Counsel and Care for the Elderly.
In his capacity as Head of the Department of Jamati Institutions at the Secretariat of His Highness the Aga Khan at Aiglemont in France, Shafik Sachedina is responsible for coordinating the activities and programmes of the Ismaili community's institutions in the 16 principal areas where such institutions exist. Dr Sachedina is also responsible for interfacing with the Aga KhanDevelopment Network programmes and institutions of the Ismaili communities in Central Asia.
Born in Dar-es-Salaam, Tanzania in 1950, Dr Sachedina qualified as a dental surgeon in 1975 from Guy's Hospital Medical and Dental School, University of London, and has practised in England for many years. He has also developed substantial entrepreneurial interests in the health-care sector. His work with the Aga Khan and Jamati Institutions is undertaken in a voluntary capacity, in keeping with the community's long-standing tradition of voluntary service.
In addition to being a member of the Institute's Board of Governors, Dr Sachedina holds several other positions in the work he undertakes for the Ismaili Imamat and community, including Member of the Aga Khan Development Network (AKDN) Committee, Aiglemont; Chairman of FOCUS Humanitarian Assistance International Co-ordinating Committee; and Member of the Ismaili Leaders' International Forum. Previously, Dr Sachedina has served in many other voluntary capacities, including two consecutive terms as President of the Ismaili Council for the United Kingdom.
Minutes of Meetings
The Board of Trustees meets annually, to determine the annual operational plan and budget, and may meet more often as required. The minutes from these meetings are available to view below: