Son of Mian Yousuf Saigol, who is one of the pioneer industrialists in Pakistan. The family was originally doing business in Calcutta, then moved to Pakistan and installed one of the largest textile mills in Faisalabad (formerly lyallpur) i.e Kohinoor textile mills and thereafter went into multiple businesses. Also set up largest chemical complex at Kala Shah Kaku and were founders of one of the largest banks in Pakistan i.e United bank limited. Have provided technical and management services to the government of Libya, government of Somalia and government of Tanzania for the running of their textile mills.