Kot Addu Power Company Limited

Lt. General Muzammil Hussain (Retd) has resigned from the Board of Directors of the Company with effect from May 24, 2022. The casual vacancy will be filled in due course in accordance with the compliance of Section 155 of the Companies Act, 2017.

Mr.Naveed Asghar Chaudhary
(Chairman)

 

Mr. Naveed Asghar Chaudhry has been Director since February 19, 2020. He is Fulbright Scholar and has done his MS in Finance and MA in Economics from Georgia State University, USA and an MBA from Australian National University. In addition, he has a BS in Electrical Engineering from University of Engineering & Technology Lahore. He belongs to the Pakistan Audit & Accounts Service and possesses more than 18 years of professional working experience. During his career he has served at senior positions including Director of a Department of the Auditor General of Pakistan, Economic Specialist at US Consulate General Karachi and Directing Staff at Civil Services Academy, Lahore.

He is a Member Finance/General Manager Finance of the Pakistan Water and Power Development Authority (WAPDA). Mr. Asghar is also a Director on the Board of Directors of Neelum Jhelum Hydropower Company Limited, Diamer Basha Dam Company and First Credit and Investment Bank Limited. He is Member of American Economic Association, member of American Finance Association and Member of Pakistan Engineering Council.

Mr. Aftab Mahmood Butt
(Chief Executive)

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Mr. Aftab Mahmood Butt has been the Company 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 around 20 years experience in the corporate and finance sector in senior management positions. Mr. Butt previously served on the Board of Directors of Central Power Purchasing (Guarantee) Limited, the Lahore Stock Exchange (Guarantee) Limited, and the Lahore Electric Supply Company Limited.

Mr. Aqeel Ahmed Nasir
(Director)

 

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Mr. Aqeel Ahmed Nasir has been a Director since March 2015. Mr. Nasir is the Company Secretary & Chief Legal Counsel of United Bank Limited (UBL). Mr. Nasir has to his credit more than 20 years experience in the legal and financial sector of both the public and private sector.

Mr. Nasir is a Master of Laws (LL.M.) from the University of London, England. He is a Director on the Board of Directors of United Executor and Trustee Limited (a wholly owned subsidiary of UBL). He is also a director of the Pakistan Institute of Corporate Governance and Central Depository Company of Pakistan Limited (CDC). His previous employments include Sui Southern Gas Company Limited, Pakistan PTA Limited and ICI worldwide Group Company.

Mr. Hafiz Muhammad Yousaf
(Director)

 

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Mr. Hafiz Muhammad Yousaf has been Director since June 21, 2019. Mr. Yousaf is a highly qualified professional having diversified qualifications from the renowned Institutions of Pakistan, USA, and Canada.  He is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP), Fellow Member of American Institute of Certified Public Accountants (AICPA) and Member of Canadian Institute of Chartered Professional Accountants (CICPA) besides being member of many other renowned international professional institutions.

Mr. Yousaf possesses over three decades of diversified post qualification experience as a Chartered Accountant, (including two decades at a Big 4 accounting firm as Partner/Country Leader Consulting). His core areas of specialization are corporate finance and restructuring, corporate compliance and regulations, governance and oversight, assurance, consulting and financial advisory services. He has handled, directed and managed a wide variety of complex professional assignments for private and public sectors, national and international entities.

Mr. Yousaf has the honor of serving the council of ICAP for eight years (2009-17) in various leadership positions including being its President for 2015-16 term and represented Pakistan on various prestigious international forums including International Federation of Accountants (IFAC), International Accounting Standard Board (IASB), Asian Oceana Standards Setters Group (AOSSG), CA Worldwide (CAW) and South Asian Federation of Accountants for many years on different meetings and conferences. He has also served on the Boards of State Bank of Pakistan (SBP), and Securities and Exchange Commission of Pakistan (SECP) including chairing their Audit and Oversight Committees respectively besides being part of many other important committees of the Boards. Currently he is also a Board Member of SAMBA Bank Limited, Pakistan Security Printing Corporation and Security Papers Limited.

Mr. Saad Iqbal
(Director)

 

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Mr. Saad Iqbal has been Director since November 4, 2016. Mr. Saad Iqbal is a graduate of Curry College, USA in Business Communication. He is also holds a Postgraduate Diploma in International Business Management (2009) from Kingston University, United Kingdom.

Mr. Saad Iqbal is the Chief Executive of Gul Ahmed Bio Films Limited, Swift Textile Mills (Private) Limited and Metro Solar Power Limited. His other Directorships are on the Board of Directors of Millat Tractors Limited, Metro Power Company Limited, Metro Wind Power Limited, Metro Estate (Private) Limited, Tariq Glass Industries Limited and HUB Power Company Limited.

Mr. Jamil Akhtar
(Director)

 

Ms. Zunaira

Mr. Jamil Akhtar has been Director since April 15, 2021. He is the Member (Power) of the Pakistan Water and Power Development Authority (WAPDA). Mr. Akhtar has 35 years’ experience in operation, maintenance of hydel power stations of WAPDA Hydroelectric and other power plants, procurement and contract management, rehabilitation of old hydro power plants, negotiation with International donor agencies for project funding. He is also responsible for administrative, technical, financial, audit management and coordination with various Ministries for Rehabilitation and Development Projects.

Mr. Akhtar is a B.Sc. Engineering (Electrical) and registered with the Pakistan Engineering Council (PEC). He has also attended various trainings/short courses in Pakistan and abroad. He also a Member on the Board of Directors of Neelum Jhelum Hydropower Company and Diamer Basha Dam Company.

Ms. Mahwish Humayun Khan
(Director)

Ms. Mahwish Humayun Khan elected Director on October 2, 2021. She is Fulbright Scholar and has done her Master in International Political Economy and Development from Fordham University, New York, USA. She also has Master degree in Business Administration major in Finance from NUST Business School, Islamabad.

Ms. Khan has over nine years of communications experience in strategic communications, developing knowledge products, content management, stakeholder engagement, advising on communication tools for projects and digital media management. Strong and demonstrated interest in economic empowerment, global health, climate and urbanization, and the Sustainable Development Goals.

Directors Office Addresses
Mr. Naveed Asghar Chaudhary 705-WAPDA House, Shahrah-e-Quaid-e-Azam, Lahore
Mr. Aftab Mahmood Butt 5 B/3, Gulberg III, Lahore
Mr. Aqeel Ahmed Nasir United Bank Limited, 2nd Floor Plaza No. 333, Z-Block Phase III, DHA Lahore
Mr. Hafiz Muhammad Yousaf 5 B/3, Gulberg III, Lahore
Mr. Saad Iqbal 36-F, Block-6, P.E.C.H.S, Karachi
Mr. Jamil Akthar 738-WAPDA House, Shahrah-e-Quaid-e-Azam, LahoreHouse 62, Street 96, 18/4, Islamabad
Ms. Mahwish Humayun Khan House 62, Street 96, 18/4, Islamabad