Farouq and Haroon Sheikh
Farouq and Haroon Sheikh are the founders of
Farouq has played a significant role in the UK business
community throughout his adult life. He remains a prominent member
of the Muslim business and social community, contributing on a
broad front to a better understanding of the Islamic faith.
With a background in law and a good understanding of finance and
commerce, Farouq has been instrumental in securing debt and equity
funding for CareTech as well as leading the management team in
winning a number of long-term contracts from local and health
Farouq has initiated and overseen the successful equity
investments and the subsequent exits for 3i Group PLC (in 1996 and
2002) and Barclays Private Equity (in 2002 and 2005).
His profound knowledge of the marketplace, and his commercial
and negotiating expertise were key to the Group’s growth.
In 2007 Farouq became Entrepreneur of the Year in the
prestigious Laing and Buisson business awards, and in 2008, Farouq
and his brother Haroon were winners of the highly valued Coutts
Family Business Prize. They are widely applauded for the quality
and social integrity of the company they created.
Haroon Sheikh, a London University graduate, is one of the
founding members of CareTech. Haroon brings commercial acumen,
industry experience and property knowledge, which have been
essential in the growth of the business. He has been actively
involved with CareTech since its inception in 1993 and in his role
as Chief Executive Officer he has had a major part in the success
of the Group.
He is actively involved in the day-to-day running of the
business and over time has been instrumental in nurturing and
supporting the senior management team which comprises disciplines
in care, commerce and property. He has a deep commitment and
passion to delivering high-quality care and support to people
with learning disabilities.
Today, CareTech Holdings PLC is a respected national provider of
specialist services to adults and children with learning or
physical disabilities or mental health problems. The company now
supports over 1400 service users and employs more than 2800