ISLAMABAD - Mamnoon Hussain, who will be sworn in Monday as country’s 12th president, is a well-respected but low-profile businessman who led a successful career in textiles.

A staunch loyalist of Prime Minister Nawaz Sharif but with no power base of his own, Mamnoon Hussain’s time in office will cement Pakistan’s democratic transition back to a ceremonial head of state.

He will formally preside over a government that must solve a power crisis, kick-start the economy, counter a Taliban insurgency and navigate a tricky alliance with the United States. Often photographed smiling, the 73-year-old Hussain - who sports a cropped moustache - has spent most of his life as a key member of the business community in Karachi.

He owns a textile firm and was president of the Karachi Chamber of Commerce and Industry at one point during Sharif’s second term as prime minister from 1997 to 1999. In 1999, Sharif surprisingly appointed him governor of Sindh, of which Karachi is the capital. But his tenure was cut short when Sharif was deposed in a military coup.

Hussain was a key figure in Karachi for Sharif, whose Pakistan Muslim League-N (PML-N) party is rooted further north in Punjab. “He is a selfless and straightforward man who makes friendship out of sincerity not of utility,” Tariq Khaliq, a friend of Hussain’s for more than half a century, has said. “He is thoroughly noble and a simple man and unlike traditional politicians.” Born in Agra, home of the Taj Mahal, in British India in 1940, he was still a child when he fled with his family to Karachi after the 1947 partition of the sub-continent into two separate countries when colonial rule ended.

He studied at Pakistan’s prestigious Institute of Business Administration in Karachi and inherited his family’s modest cloth business, which he exported and traded in the local market. He served as a secretary of the PML-N in Karachi, but his appointment as Sindh governor was considered something of a surprise in political circles. Sharif is understood to have been attracted by his loyalty and low-profile manner, and by selecting a president from the south he gives Karachi some stake in the federal government. Hussain was elected president on July 30 by members of the four provincial assemblies and the federal parliament. He won 432 votes and his only rival, Wajihuddin Ahmed, 77, after the main opposition Pakistan People’s Party boycotted the vote. He is married and has three sons who have careers in banking.