(Chairman, Board of Directors)
Zafar Mahmood has been appointed as Director
of the Company on June 16, 2014. He has also
been elected as Chairman Board of Directors.
He is also the Chairman of the Pakistan Water
and Power Development Authority (WAPDA). Mr.
Mahmood holds Master Degree in Economics, LLB
and Post Graduate in Development Administration
from Manchester University, UK.
Mr. Mahmood jointed Pakistan Administrative
Service with 1975 batch and served in various
administrative posts in the field as Deputy
Commissioner as well as in Civil 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 also worked as Member and Chairman,
Punjab Public Service Commission.
Mr. Aftab Mahmood Butt
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.
Mr. Butt is serving on the Board of Directors’
of Central Power Purchasing (Guarantee) Limited.
His other previous Directorships include the
Lahore Stock Exchange (Guarantee) Limited, and
the Lahore Electric Supply Company Limited.
Syed Nizam Ahmad Shah
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
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
Anwar Ul Haq
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
Mr. Haq is a Fellow of the Institute of Cost
& Management Accountants of Pakistan.
Mr. Has 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
Mr. Tahir Mahmood has been a Director since
February 2013. Mr. Mahmood is 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
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. Ali Sameer Farooqui
Ali Sameer Farooqui has been a Director since
September, 18, 2013. Mr. Farooqui is the Senior
Executive Vice President/Group Executive of
United Bank Limited. Mr. Farooqui has over twenty
years banking experience and has held senior
positions in United Bank Limited and Prime Commercial
Bank Limited. He is a Director on the Board
of First Woman Bank Limited, National Investment
Trust Limited and United Executors Limited.
Mr. Farooqui has a Master of Business Administration
from the Lahore University of Management Sciences
(LUMS). He was also the Chief Executive of United
Assets Management Company. He has attended numerous
courses, conferences and seminars, both locally
and internationally covering a wide range of
subjects including Credit, Risk Management,
Derivatives, Financial Modeling, Corporate and
Structured Finance, Islamic Banking, negotiation
skills and strategies, selling skills etc.
Syed Zia Ijaz
Zia Ijaz has been a Director since September
26, 2013. Mr. Ijaz is the Senior Executive Vice
President/Group Chief - Operations of Allied
Bank Limited. Mr. Zia has over twenty years
banking experience. He is a Director on the
Board of National Institutional Facilitations
Technologies (NIFT) and 1 Link (Guarantee) Limited.
He is also a representative on the Management
Association of Pakistan and Pakistan Banks’
Mr. Ijaz is a Fellow Member
of Institute of Chartered Accountants of Pakistan
and holds a CPA from the American Institute
of Certified Public Accountants, USA. He was
also the Financial Controller of Riyad Bank
of Saudi Arabia. He has attended numerous courses,
seminars, workshops on Banking, Finance and
Management organized by local and international
institutes of repute
Mr. Zafar Mahmood
701 WAPDA House, Lahore
|Mr. Aftab Mahmood Butt
5 B/3, Gulberg III, Lahore
Syed Nizam Ahmad Shah,esq.
|4 Mary Road, Bath Island, Karachi
||713 WAPDA House, Lahore
|Mr. Tahir Mahmood
||5 B/3, Gulberg III, Lahore
|Mr. Ali Sameer Farooqui
State Life Building No. 1 I.I. Chundrigar Road
|Syed Zia Ijaz
||Allied Bank Limited
Banking Services Group
Head Office Kalma Tower,
1st Floor 3-4, Tipu Block,
New Garden Town. Lahore