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 Board of Directors

 

 
 

Mr. Zafar Mahmood
(Chairman, Board of Directors)

Mr.Zafar Mahmood has been a Director since June 16, 2014. He has also been elected as Chairman Board of Directors. He is the Chairman of the Pakistan Water and Power Development Authority (WAPDA). Mr. Mahmood holds a Masters Degree in Economics, LL.B. and is a Post Graduate in Development Administration (Manchester University,UK).

Mr. Mahmood jointed Pakistan Administrative Service in 1975 and has served in various administrative posts in the field as Deputy Commissioner as well as in CMI Secretariat, Lahore. He served as Secretary Education Schools (Punjab). He worked as Consul General Istanbul and Vice Chairman, Export Promotion Bureau after promotion to BS-22. He also served as Federal Secretary Textile Industry, Industries, Cabinet, Water and Power, Petroleum and Natural Resources and Commerce. He was a Member and Chairman, Punjab Public Service Commission.

Mr. Aftab Mahmood Butt
(Chief Executive)

Mr. Aftab Mahmood Butt has been the Company’s Chief Executive since August 1, 2008. Prior to being appointed Chief Executive, he was a Director of the Company (appointment: July 2007). From January 2007 to July 2008, Mr. Butt held the position of General Manager Finance, Corporate Planning & Performance Monitoring in Pakistan Electric Power (Private) Limited (PEPCO). His other professional experience includes the position of Member Finance & Secretary Board in the Corporate and Industrial Restructuring Corporation, Ministry of Finance, Government of Pakistan.

Mr. Butt is a Fellow Member of the Institute of Chartered Accountants of Pakistan. He has more than 15 years experience in the corporate and finance sector in senior management positions. His other previous Directorships include the Lahore Stock Exchange (Guarantee) Limited, the Lahore Electric Supply Company Limited and Central Power Purchasing (Guarantee) Limited.

Syed Nizam Ahmad Shah
(Director)

Syed Nizam Ahmad Shah has been a Director since September 2012. He has over 50 years of high professional experience in the fields of Industrial Management and Finance. Mr. Shah has held key positions in the private and public sector. He was the Chairman and Chief Executive of National Development Finance Corporation Limited, and Pakistan Tobacco Company Limited.

Mr. Nizam Shah holds directorship in Pakistan International Container Terminal Limited, and Pakistan International Bulk Cargo Terminal. He was previously on the Board of Directors’ of Hub Power Company Limited, and Laraib Energy Limited.

Mr. Anwar Ul Haq
(Director)
 

Mr. Anwar-ul-Haq has been a Director since August 2008. Mr. Haq is the General Manager Costing & Tariff, WAPDA. He has to his credit over 30 years of rich diversified managerial experience in the field of budgeting, financing, accounting, auditing, taxation and tariff modulation of WAPDA/Ex WAPDA corporate entities.

Mr. Haq is a Fellow of the Institute of Cost & Management Accountants of Pakistan. Mr. Haq is on the Board of Directors’ of Lakhra Coal Development Company Limited, First Credit and Investment Bank Limited, WAPDA First Sukuk Company Limited and WAPDA Second Sukuk Company Limited.


Mr. Tahir Mahmood
(Director)
 

Mr. Tahir Mahmood has been a Director since February 2013. Mr. Mahmood was the Managing Director of National Transmission & Despatch Company Limited (NTDC). He has 36 years diversified experience in the power sector. His areas of specialization are contract administration of all types of construction and material procurement contracts, construction of EHV & HVT/lines and substations and bid evaluation (technical & financial) of procurement of material
and EPC contracts.

Mr. Tahir Mahmood is an Electrical Engineer. He is a Member of the Pakistan Engineering Council, the Institute of Engineers Pakistan, and Institute of Electrical & Electronics Engineers Pakistan. He is also the President of NTDC Sports Association.


Mr. Owais Shahid

(Director)

Mr. Owais Shahid has been a Director since September, 19, 2014. Mr. Shahid is the Group Head of Investment Banking of Allied Bank Limited and has held senior positions in Allied Bank Limited. He has fourteen years banking experience which includes work at National Bank of Pakistan, Standard Chartered Modaraba, Emirates Bank International PJSC and Union Bank Limited. He is also a Director on the Board of Directors of Atlas Power Limited.

Mr. Shahid is a Chartered Financial Analyst from CFA Institute USA and has a Master of Business Administration (Finance/Banking). His achievements include 20 Investment Banking Award from internationally recognized institutions, “Finance Gold” in BBA (Honors) from Institute of Business Administration, and “State Bank of Pakistan Gold Medal” from Institute of Bankers Pakistan.

Mr. Aqeel Ahmed Nasir
(Director)

Mr. Aqeel Ahmed Nasir has been a Director since March 30, 2015. Mr. Nasir is the Company Secretary & Chief Legal Counsel of United Bank Limited. Mr. Nasir has held key positions in various public sector companies and financial institutions including Sui Southern Gas Company Limited, Pakistan PTA Limited – ICI worldwide Group Company. Mr. Nasir is also a director on the Board of Directors of the Lahore Stock Exchange Limited, and United Executor and Trustee Limited (a wholly owned subsidiary of UBL). He is also a director of the Pakistan Institute of Corporate Governance.

Mr. Nasir is a Master of Laws (LL.M.) from Queen Mary & Westfield College, University of London, England. Mr. Nasir has twenty (20) years of professional qualification experience in the legal and financial sector, heading various legal divisions of multiple institutions in Pakistan and practicing as a Senior Associate in Pakistan’s premier Corporate & Commercial and Banking & Finance institutions. Thorough understanding of legal and commercial issues inter alia, relating to banking, energy and corporate laws. Areas of interest include mergers and acquisitions, negotiations, corporate governance, financial services, development finance, corporate laws and complex litigation related to financial transactions including Anti-Money Laundering. Mr. Nasir has attended numerous trainings and workshop internationally covering the legal field.

Directors Office Addresses

Name of Director

Office Address

Mr. Zafar Mahmood

701 WAPDA House Shahrah-e-Quaid-e-Azam, Lahore

Mr. Aftab Mahmood Butt

5 B/3, Gulberg III, Lahore

Syed Nizam Ahmad Shah,esq.
4 Mary Road, Bath Island, Karachi
Mr. Anwar-ul-Haq
713 WAPDA House Shahrah-e-Quaid-e-Azam, Lahore

Mr. Tahir Mahmood

414- WAPDA House Shahrah-e-Quaid-e-Azam Lahore
Mr. Owais Shahid
Allied Bank Limited
Bath Island, Main Clifton Road Karach
Mr. Aqeel Ahmed Nasir
United Bank Limited
2nd Floor Plaza No. 333, Z-Block
Phase III, DHA Lahore