HUBCO

Mr. M Habibullah Khan (Chairman)

Mr. Habib Ullah Khan is the Founder and Chairman of Mega Conglomerate. The Mega & Forbes Group of Companies (Mega Group – MFG) is a diversified conglomerate with business holdings including the country’s largest container terminal, third largest dairy producer, top tier cement manufacturing company, vertically integrated shipping company and the progressive real-estate developer responsible for the only L.E.E.D. certified commercial building in Pakistan. He joined the board in 2018 and has served as Chairman of the Hub Power Company (HUBCO) since.

As a prolific philanthropist, Mr. Khan has been a patron of many social and environmental initiatives over the last four decades and has become strongly associated with various charitable causes. Most recently, he made the generous endowment of a building for visiting professors at The Institute of Business Administration in Karachi.

Kamran Kamal (Chief Executive Officer)

Mr. Kamran Kamal is an energy technology and policy specialist with experience in several different areas, including business strategy, wholesale electricity market reforms, electricity derivatives, energy technology evaluation and largescale infrastructure project structuring. He holds a Masters in Public Policy from Harvard University and a Bachelors degree in Electrical and Computer Engineering from Georgia Tech. He joined HUBCO as Chief Executive Officer Laraib Energy Limited, Pakistan’s first Hydel Independent Power Plant (IPP). Prior to becoming CEO of Laraib Energy Limited, Mr. Kamal held the position of Vice President, China Power Hub Generation Company where he was responsible for development of Barge Jetty and fuel supply chain for 1320 MW Coal fired Power Plant.

Previously, he was Commodities Trade Head, Engro EXIMP FZE where he managed Fertiliser, Coal, Oilseeds and Sugar Trading Portfolios and his work there allowed the organization to grow into new geographical locations and expand their commodities portfolio. During his tenure at Engro, Mr. Kamal was also involved in major energy & infrastructure projects including Thar Coal Mining & Power Plant, LNG Floating terminal and RLNG based power plant. Throughout the years, Mr. Kamal has been responsible for large capital projects, building organizational capabilities and for overall business delivery in both management, executive and Board roles.

Mr. Aly Khan (Director)

Mr. Aly Khan holds a Master of Sciences from Boston College and a Bachelor of Sciences from Northeastern University.

Over the course of the last decade, he has cultivated his professional career working in London, Singapore and New York for various global institutions including Citi Group and Yang Ming Marine Transport Corporation in several management and training capacities.

In Pakistan, Mr. Khan has extended valuable contributions to multiple ventures through key management roles including spearheading the construction and operation of Pakistan’s first commercial L.E.E.D. Certified Building, setting up a state-of-the-art 10,000 ton per day cement plant, and growing one of the country’s largest dairy businesses’ sales to 600,000 liters per day.

He is the Chairman of Pioneer Cement Ltd., Chairman of Haleeb Foods Limited and a Director of Qasim International Container Terminal. He is a SECP certified director in corporate governance.

Ms. Aleeya Khan (Director)

Ms. Aleeya Khan holds a Master’s in Architecture from Columbia University and a Bachelor’s in Urban Design & Architecture from New York University.

During her time at university, she periodically worked at the globally recognized architecture firm, Beyer Blinder Belle. After finishing her formal education Ms. Khan spent six months working at a New York based practice Only-If Architecture and then moved back to Pakistan to work at Imperial Builders & Developers (Private) Ltd, the real estate development arm of Mega Conglomerate.

Over the last few years, she has been working on several projects in collaboration with one of Pakistan’s leading architecture firms, Habib Fida Ali Architects to familiarize herself with the local market and expand the IDBL portfolio and continue in its goal to change the Real Estate landscape of Pakistan. While actively participating in the architecture, construction, and management side of IDBL, Aleeya founded ALEEYA. design studio (A.) to further cultivate her personal design philosophy: creating minimalistic design solutions that allow for a coalescence between aesthetics and functionality.

Ms. Khan also serves as a Director of Pioneer Cement Ltd. and Haleeb Foods Limited and is an SECP certified director in corporate governance.

Mr. Manzoor Ahmad (Director)

Mr. Manzoor Ahmed, assumed charge of the post of Managing Director (Acting), National Investment Trust Limited on February 14, 2025 Being, COO, he has been successfully managing the operations and investment portfolio worth over Rs. 215 billion. He has experience of over 33 years of the Mutual Fund industry and has been placed at many key positions within NIT that includes capital market operations, investment management, product development, research and liaising with the regulatory authorities. He has also served NIT as its Managing Director (Acting) twice from May 2013 to May 2014 and September 2017 to February 2019. He is M.B.A. and also holds D.A.I.B.P. He has also been the Council Member of The Institute of Bankers Pakistan. Presently, he is pursuing Chartered Financial Analyst (CFA) level III. Mr. Ahmed has also attended various training courses organized by institutions of international repute like London Business School (LBS) UK, Institute of Directors, London and Financial Markets World, New York (USA). Mr. Ahmed has vast experience of serving on the Boards of various top-ranking companies of Pakistan belonging to the diverse sectors of economy. Currently, he represents NIT as Nominee Director on the Board of Directors of many leading national and multinational companies including commercial banks of Pakistan. Mr. Ahmed is a Certified Director from Pakistan Institute of Corporate Governance. Mr. Ahmed is member of the Defence Authority Country & Golf Club – Karachi, Rotary Club- Karachi and is also member of Executive Committee of a Hospital for welfare of underprivileged.

Mr. Saad Iqbal (Director)

As the Director, Mr. Saad Iqbal brings over 10 years of strategic leadership, operational excellence, and visionary thinking to the organization. He started his career from his family business; under his leadership and direction the group of companies expanded to many renewable ventures. His dedication to continuous learning is evident through his acquisition of several certificates from esteemed institutions. With a proven track record of driving sustainable growth and fostering innovation, he has successfully led cross-functional teams, expanded market presence, and built strong stakeholder relationships. Mr. Saad Iqbal is known for his ability to align business objectives with long-term vision, ensuring both profitability and positive impact. Under his leadership, the company has achieved significant milestones, reinforcing its position as an industry leader. He is currently adding value to many listed businesses as CEO in Filters Pakistan (Pvt) Limited, Metro Wind Power Limited and Metro Solar Power Limited & Director in Gul Ahmed Energy Limited, Hub Power Company Limited, Metro Power Company Limited, Tariq Glass Industries Limited, Kot Addu Power Company Limited and Millat Tractors Limited. Passionate about empowering people and embracing change, Mr. Saad Iqbal continues to steer the organization toward new opportunities and greater success.

Mr. Shafiuddin Ghani Khan (Director)

Mr. Shafiuddin Ghani Khan holds a Bachelor of Science in Finance from the University of Oregon, USA. After completing his education, he returned to Pakistan and developed his family’s real estate and construction business. He played a key role in constructing several townhouse projects in Karachi, particularly in the areas of DHA and Clifton.

Mr. Ghani has over two decades of management experience in the fields of construction, real estate, and telecommunications. He had an illustrious career with M/s Forbes Group/Forbes Forbes Campbell & Co. (Private) Limited, where he rose to the position of Chief Executive Officer. He was responsible for overseeing the operational affairs of various business units within the group, including shipping lines, logistics and communication equipment. His professional responsibilities encompassed a diverse range of business units, including marketing and sales, customer service and support, accounts, finance, and administration.

Mr. Khan was a Non-Executive Director and member of the audit and remuneration committees on the Board of Pioneer Cement Limited. Since 2009 till 2025.

Ms. Senator Samina Mumtaz Zehri (Director)

Senator Samina Mumtaz Zehri hailing from the Province of Balochistan, is a versatile and enlightened politician presently affiliated with the Balochistan Awami Party/BAP. She was sworn in as Senator of the House of Federation in March 2021. Being a member of parliament, Senator Samina comes from a background steeped in the legal profession. She, as a lawyer, was enrolled in Sindh High Court Karachi on 17th Jan. 2012; Sindh Bar Council Karachi on 05th May 2007, and Karachi Bar Association on 05th May 2007. Areas of her legislative interests include corporate, financial and banking reforms, legal aid mechanisms, human rights, and civil and criminal matters.

Since assuming the charge of member, senate of Pakistan in 2021, she has been leading her visionary efforts through her extensive House Business directed to combat various human rights violations; crimes against women and children; working on judicial, prosecution and police reforms; streamlining institutional governance, and overseeing other matters of national importance through her vibrant role as a legislator and a serving member of the Senate Standing Committees on Interior, Delegated Legislation, Defence and Defence Production, besides leading Parliamentary Friendship Group, France being a Convener. During her first term being a senator, she has been actively engaged in forwarding various legislative proposals on matters falling under the domain of Convention on the Implementation upon Convention of Elimination of All Forms of Discrimination against Women, Achieving Sustainable Development Goals, Strengthening Human Rights Commissions, Anti-terrorism Measures, Banning Bonded Labor, Slavery and Human Trafficking, Rehabilitation work for Flood Victims, Ensuring Inheritance Rights for Women, Reforming Dyat Laws, Protecting Rights of fathers after Separation, Improving sanitation and hygiene in schools , and a host of other issue affecting human rights all over the country.

In her second term being a senator, in acknowledgement of her outstanding work performance as legislator in the area of Human Rights, she was selected as Chairperson Senate Functional Committee on Human rights (SFCHR) in May 2024. Being a Chairperson, SFCHR she has taken up issues such as rising cases of domestic violence against women and children, rape and murder, acid throwing, honor killings, rising incidents of road accidents under the ambit of Right of Way and safety of passengers, the issue of violation of rights of mine workers and bonded labor in backward areas of the country, human Trafficking and Smuggling of persons, negative impact of climate change on the rights of local people affected by climate disasters and a host of other issues coming under the ambit of this committee. In August 2024, she was assigned a special role by Honorable Prime Minister of Pakistan to lead the delegation of Pakistan for presenting its combined twenty-fourth to twenty-sixth periodic report in front of Experts of the UN Committee on the Elimination of Racial Discrimination. She presented the report and acknowledged the valuable recommendations forwarded by the UN-ICERD Committee in this regard.

Senator Samina has proved herself as a philanthropist also who remains ready to serve vulnerable communities in their hour of need. Most recently, in acknowledgment of her meritorious and generous flood relief efforts, she was nominated as the Focal Person by the Balochistan government during Floods 2022 in Balochistan. Working up to the best of one’s capabilities through utmost devotion is her benchmark. Senator Zehri is also a respected voice in public discourse, with recent articles like "In Defence of Our Defenders", “Unmasking the Propaganda War in Balochistan” and "False Flags and Silent Betrayals" showcase her outstanding intellectual capabilities in doing a robust analysis of security issues, counter-narratives to propaganda, and the socio-political dynamics within Balochistan. Her work reflects a commitment to addressing critical national issues.

Syed Bakhtiar Kazmi (Director)

Mr Kazmi is a fellow chartered accountant with over 35 years of experience in a diverse range of sectoral and functional strata within national and regional economies. The key areas of his specialization are fiscal policy and macroeconomic research, greenfield and brownfield projects, strategic collaborations, mergers and acquisitions, outliers in accounting and finance, strategic level audit and assurance and tax reforms and strategic level advisory.

Mr Kazmi served KPMG for 35 years; last 25 years as a partner. As a partner he interacted with the leadership in almost every industry, understanding their vision, their insights, and most importantly on their business strategies. His rigorous exposure to a diverse range of sectors and projects, enabled him to conceive and culminate strategic value additions for his clients, pertaining to public and private sector organizations. He successfully implemented a comprehensive service delivery framework that ensures quality assured service provision to KPMG’s clients, and a cross-functional integration with the advisory and taxation services that allowed a robust and comprehensive service delivery package to the clients. As an auditor and an advisor, Mr Kazmi successfully delivered his promise of providing best-in-class and integrity driven services. With his career progression, he branched into macroeconomic research with a focus on contributing towards fiscal and regulatory policies of Pakistan. He almost single handedly established advisory practice of KPMG in Islamabad about 2 decades ago which today arguably is the go to advisory in Islamabad. This initiative covered financial projections, feasibilities, information memorandums, internal audit assessments, HR assessments, manuals for processes and controls, valuations, and development advisory which included an assessment of the Punjab and Sindh governments.

Mr. Bakhtiyar Kazmi has served on a number of diverse forums / boards in the Private Sector, Public Sector & Civil Society Organization. As a thinker, he actively spreads his thoughts and ideas through his articles on national economics, business and taxation mattes and issues, regularly published in reputable dailies. Mr Kazmi is an avid golfer and currently hold the position of captain of Islamabad golf club.

Mr. M Habibullah Khan (Chairman)

Mr. Habib Ullah Khan is the Founder and Chairman of Mega Conglomerate. The Mega & Forbes Group of Companies (Mega Group – MFG) is a diversified conglomerate with business holdings including the country’s largest container terminal, third largest dairy producer, top tier cement manufacturing company, vertically integrated shipping company and the progressive real-estate developer responsible for the only L.E.E.D. certified commercial building in Pakistan. He joined the board in 2018 and has served as Chairman of the Hub Power Company (HUBCO) since.

As a prolific philanthropist, Mr. Khan has been a patron of many social and environmental initiatives over the last four decades and has become strongly associated with various charitable causes. Most recently, he made the generous endowment of a building for visiting professors at The Institute of Business Administration in Karachi.

Kamran Kamal (Chief Executive Officer)

Mr. Kamran Kamal is an energy technology and policy specialist with experience in several different areas, including business strategy, wholesale electricity market reforms, electricity derivatives, energy technology evaluation and largescale infrastructure project structuring. He holds a Masters in Public Policy from Harvard University and a Bachelors degree in Electrical and Computer Engineering from Georgia Tech. He joined HUBCO as Chief Executive Officer Laraib Energy Limited, Pakistan’s first Hydel Independent Power Plant (IPP). Prior to becoming CEO of Laraib Energy Limited, Mr. Kamal held the position of Vice President, China Power Hub Generation Company where he was responsible for development of Barge Jetty and fuel supply chain for 1320 MW Coal fired Power Plant.

Previously, he was Commodities Trade Head, Engro EXIMP FZE where he managed Fertiliser, Coal, Oilseeds and Sugar Trading Portfolios and his work there allowed the organization to grow into new geographical locations and expand their commodities portfolio. During his tenure at Engro, Mr. Kamal was also involved in major energy & infrastructure projects including Thar Coal Mining & Power Plant, LNG Floating terminal and RLNG based power plant. Throughout the years, Mr. Kamal has been responsible for large capital projects, building organizational capabilities and for overall business delivery in both management, executive and Board roles.

Mr. Aly Khan (Director)

Mr. Aly Khan holds a Master of Sciences from Boston College and a Bachelor of Sciences from Northeastern University.

Over the course of the last decade, he has cultivated his professional career working in London, Singapore and New York for various global institutions including Citi Group and Yang Ming Marine Transport Corporation in several management and training capacities.

In Pakistan, Mr. Khan has extended valuable contributions to multiple ventures through key management roles including spearheading the construction and operation of Pakistan’s first commercial L.E.E.D. Certified Building, setting up a state-of-the-art 10,000 ton per day cement plant, and growing one of the country’s largest dairy businesses’ sales to 600,000 liters per day.

He is the Chairman of Pioneer Cement Ltd., Chairman of Haleeb Foods Limited and a Director of Qasim International Container Terminal. He is a SECP certified director in corporate governance.

Ms. Aleeya Khan (Director)

Ms. Aleeya Khan holds a Master’s in Architecture from Columbia University and a Bachelor’s in Urban Design & Architecture from New York University.

During her time at university, she periodically worked at the globally recognized architecture firm, Beyer Blinder Belle. After finishing her formal education Ms. Khan spent six months working at a New York based practice Only-If Architecture and then moved back to Pakistan to work at Imperial Builders & Developers (Private) Ltd, the real estate development arm of Mega Conglomerate.

Over the last few years, she has been working on several projects in collaboration with one of Pakistan’s leading architecture firms, Habib Fida Ali Architects to familiarize herself with the local market and expand the IDBL portfolio and continue in its goal to change the Real Estate landscape of Pakistan. While actively participating in the architecture, construction, and management side of IDBL, Aleeya founded ALEEYA. design studio (A.) to further cultivate her personal design philosophy: creating minimalistic design solutions that allow for a coalescence between aesthetics and functionality.

Ms. Khan also serves as a Director of Pioneer Cement Ltd. and Haleeb Foods Limited and is an SECP certified director in corporate governance.

Mr. Manzoor Ahmad (Director)

Mr. Manzoor Ahmed, assumed charge of the post of Managing Director (Acting), National Investment Trust Limited on February 14, 2025 Being, COO, he has been successfully managing the operations and investment portfolio worth over Rs. 215 billion. He has experience of over 33 years of the Mutual Fund industry and has been placed at many key positions within NIT that includes capital market operations, investment management, product development, research and liaising with the regulatory authorities. He has also served NIT as its Managing Director (Acting) twice from May 2013 to May 2014 and September 2017 to February 2019. He is M.B.A. and also holds D.A.I.B.P. He has also been the Council Member of The Institute of Bankers Pakistan. Presently, he is pursuing Chartered Financial Analyst (CFA) level III. Mr. Ahmed has also attended various training courses organized by institutions of international repute like London Business School (LBS) UK, Institute of Directors, London and Financial Markets World, New York (USA). Mr. Ahmed has vast experience of serving on the Boards of various top-ranking companies of Pakistan belonging to the diverse sectors of economy. Currently, he represents NIT as Nominee Director on the Board of Directors of many leading national and multinational companies including commercial banks of Pakistan. Mr. Ahmed is a Certified Director from Pakistan Institute of Corporate Governance. Mr. Ahmed is member of the Defence Authority Country & Golf Club – Karachi, Rotary Club- Karachi and is also member of Executive Committee of a Hospital for welfare of underprivileged.

Mr. Saad Iqbal (Director)

As the Director, Mr. Saad Iqbal brings over 10 years of strategic leadership, operational excellence, and visionary thinking to the organization. He started his career from his family business; under his leadership and direction the group of companies expanded to many renewable ventures. His dedication to continuous learning is evident through his acquisition of several certificates from esteemed institutions. With a proven track record of driving sustainable growth and fostering innovation, he has successfully led cross-functional teams, expanded market presence, and built strong stakeholder relationships. Mr. Saad Iqbal is known for his ability to align business objectives with long-term vision, ensuring both profitability and positive impact. Under his leadership, the company has achieved significant milestones, reinforcing its position as an industry leader. He is currently adding value to many listed businesses as CEO in Filters Pakistan (Pvt) Limited, Metro Wind Power Limited and Metro Solar Power Limited & Director in Gul Ahmed Energy Limited, Hub Power Company Limited, Metro Power Company Limited, Tariq Glass Industries Limited, Kot Addu Power Company Limited and Millat Tractors Limited. Passionate about empowering people and embracing change, Mr. Saad Iqbal continues to steer the organization toward new opportunities and greater success.

Syed Bakhtiar Kazmi (Director)

Mr Kazmi is a fellow chartered accountant with over 35 years of experience in a diverse range of sectoral and functional strata within national and regional economies. The key areas of his specialization are fiscal policy and macroeconomic research, greenfield and brownfield projects, strategic collaborations, mergers and acquisitions, outliers in accounting and finance, strategic level audit and assurance and tax reforms and strategic level advisory.

Mr Kazmi served KPMG for 35 years; last 25 years as a partner. As a partner he interacted with the leadership in almost every industry, understanding their vision, their insights, and most importantly on their business strategies. His rigorous exposure to a diverse range of sectors and projects, enabled him to conceive and culminate strategic value additions for his clients, pertaining to public and private sector organizations. He successfully implemented a comprehensive service delivery framework that ensures quality assured service provision to KPMG’s clients, and a cross-functional integration with the advisory and taxation services that allowed a robust and comprehensive service delivery package to the clients. As an auditor and an advisor, Mr Kazmi successfully delivered his promise of providing best-in-class and integrity driven services. With his career progression, he branched into macroeconomic research with a focus on contributing towards fiscal and regulatory policies of Pakistan. He almost single handedly established advisory practice of KPMG in Islamabad about 2 decades ago which today arguably is the go to advisory in Islamabad. This initiative covered financial projections, feasibilities, information memorandums, internal audit assessments, HR assessments, manuals for processes and controls, valuations, and development advisory which included an assessment of the Punjab and Sindh governments.

Mr. Bakhtiyar Kazmi has served on a number of diverse forums / boards in the Private Sector, Public Sector & Civil Society Organization. As a thinker, he actively spreads his thoughts and ideas through his articles on national economics, business and taxation mattes and issues, regularly published in reputable dailies. Mr Kazmi is an avid golfer and currently hold the position of captain of Islamabad golf club.

Mr. Shafiuddin Ghani Khan (Director)

Mr. Shafiuddin Ghani Khan holds a Bachelor of Science in Finance from the University of Oregon, USA. After completing his education, he returned to Pakistan and developed his family’s real estate and construction business. He played a key role in constructing several townhouse projects in Karachi, particularly in the areas of DHA and Clifton.

Mr. Ghani has over two decades of management experience in the fields of construction, real estate, and telecommunications. He had an illustrious career with M/s Forbes Group/Forbes Forbes Campbell & Co. (Private) Limited, where he rose to the position of Chief Executive Officer. He was responsible for overseeing the operational affairs of various business units within the group, including shipping lines, logistics and communication equipment. His professional responsibilities encompassed a diverse range of business units, including marketing and sales, customer service and support, accounts, finance, and administration.

Mr. Khan was a Non-Executive Director and member of the audit and remuneration committees on the Board of Pioneer Cement Limited. Since 2009 till 2025.

Ms. Senator Samina Mumtaz Zehri (Director)

Senator Samina Mumtaz Zehri hailing from the Province of Balochistan, is a versatile and enlightened politician presently affiliated with the Balochistan Awami Party/BAP. She was sworn in as Senator of the House of Federation in March 2021. Being a member of parliament, Senator Samina comes from a background steeped in the legal profession. She, as a lawyer, was enrolled in Sindh High Court Karachi on 17th Jan. 2012; Sindh Bar Council Karachi on 05th May 2007, and Karachi Bar Association on 05th May 2007. Areas of her legislative interests include corporate, financial and banking reforms, legal aid mechanisms, human rights, and civil and criminal matters.

Since assuming the charge of member, senate of Pakistan in 2021, she has been leading her visionary efforts through her extensive House Business directed to combat various human rights violations; crimes against women and children; working on judicial, prosecution and police reforms; streamlining institutional governance, and overseeing other matters of national importance through her vibrant role as a legislator and a serving member of the Senate Standing Committees on Interior, Delegated Legislation, Defence and Defence Production, besides leading Parliamentary Friendship Group, France being a Convener. During her first term being a senator, she has been actively engaged in forwarding various legislative proposals on matters falling under the domain of Convention on the Implementation upon Convention of Elimination of All Forms of Discrimination against Women, Achieving Sustainable Development Goals, Strengthening Human Rights Commissions, Anti-terrorism Measures, Banning Bonded Labor, Slavery and Human Trafficking, Rehabilitation work for Flood Victims, Ensuring Inheritance Rights for Women, Reforming Dyat Laws, Protecting Rights of fathers after Separation, Improving sanitation and hygiene in schools , and a host of other issue affecting human rights all over the country.

In her second term being a senator, in acknowledgement of her outstanding work performance as legislator in the area of Human Rights, she was selected as Chairperson Senate Functional Committee on Human rights (SFCHR) in May 2024. Being a Chairperson, SFCHR she has taken up issues such as rising cases of domestic violence against women and children, rape and murder, acid throwing, honor killings, rising incidents of road accidents under the ambit of Right of Way and safety of passengers, the issue of violation of rights of mine workers and bonded labor in backward areas of the country, human Trafficking and Smuggling of persons, negative impact of climate change on the rights of local people affected by climate disasters and a host of other issues coming under the ambit of this committee. In August 2024, she was assigned a special role by Honorable Prime Minister of Pakistan to lead the delegation of Pakistan for presenting its combined twenty-fourth to twenty-sixth periodic report in front of Experts of the UN Committee on the Elimination of Racial Discrimination. She presented the report and acknowledged the valuable recommendations forwarded by the UN-ICERD Committee in this regard.

Senator Samina has proved herself as a philanthropist also who remains ready to serve vulnerable communities in their hour of need. Most recently, in acknowledgment of her meritorious and generous flood relief efforts, she was nominated as the Focal Person by the Balochistan government during Floods 2022 in Balochistan. Working up to the best of one’s capabilities through utmost devotion is her benchmark. Senator Zehri is also a respected voice in public discourse, with recent articles like "In Defence of Our Defenders", “Unmasking the Propaganda War in Balochistan” and "False Flags and Silent Betrayals" showcase her outstanding intellectual capabilities in doing a robust analysis of security issues, counter-narratives to propaganda, and the socio-political dynamics within Balochistan. Her work reflects a commitment to addressing critical national issues.