HUBCO

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.

Muhammad Saqib (Chief Financial Officer)

Muhammad Saqib is the Chief Financial Officer (CFO) of the Hub Power Company Limited. Saqib has over 21 years of experience, where he has performed in many key leadership roles in Finance and Strategy. Prior to HUBCO, he was CFO for Engro Vopak Terminal Limited and Engro Elengy Terminal Limited. In one of his previous role, as CFO for Engro Energy Limited and Sindh Engro Coal Mining Company, he developed various energy projects overseeing feasibility studies and worked closely with diverse stakeholders for finalization of complex Joint venture and shareholding agreements with Chinese investors, Government of Sindh, large local groups related to Thar coal mining and power projects. He headed finance function for Thar coal mining and power project and arranged USD 1.5 bn foreign and local currency under CPEC umbrella.

Saqib is a Chartered Financial Analyst and holds an Master’s degree in Business Administration from Institute of Business Administration (IBA).

Amjad Raja (CEO Thar Energy Limited & ThalNova Power Thar (Pvt.) Limited)

Amjad is a seasoned engineer with over 22 years of experience in the energy sector. He joined HUBCO in October 2013 as Plant Manager, NEL, and served as VP Operations at HUBCO.

Amjad has played a pivotal role in the O&M of all five power plants of HUBCO. His extensive knowledge and strategic insights have significantly advanced HUBCO's coal-based energy initiatives.

Before joining HUBCO, Amjad held key positions at Wartsila Pakistan and Shell Shipment Management UK.

Fayyaz Ahmad Bhatti (VP Strategic & Regulatory Affairs)

Mr. Fayyaz Ahmad Bhatti has a diverse experience of over 20 years in the power, oil, manufacturing, and business assurance & audit sectors of Pakistan and has a proven record of successfully leading the organizations in achieving their corporate objectives.

Before joining Hubco as VP Strategic & Regulatory Affairs, Mr. Bhatti served as Chief Financial Officer & Company Secretary for about 10 years in Laraib Energy Limited, a subsidiary of Hubco, which is the first hydel IPP of Pakistan and Azad Jammu & Kashmir and played a vital role in the successful completion & commercial operations of the Project, it’s transition from construction to operations phase and payment of consistent dividends to the shareholders since the Project achieved commercial operations.

Mr. Bhatti also served Attock Refinery Limited, a petroleum refining company, in different executive management positions and was instrumental in preparation of financial feasibilities & approval of refinery growth projects worth PKR 22 billion.

Faiza Kapadia Raffay (Company Secretary & Head of Legal)

Faiza Kapadia Raffay is Company Secretary and Head of Legal at HUBCO. Prior to joining HUBCO, Faiza was associated with Philip Morris(Pakistan) Limited as Legal Counsel where she provided in-house corporate advisory and legal support to all business functions. Additionally she was also Company Secretary of Philip Morris for a brief period and ensured compliance of all governance requirements as per SECP and PSX listing regulations. Faiza has worked in the capacity of Company Secretary in Sui Southern Gas Company Limited. During her legal professional career she has been associated with Engro Chemicals, Citibank, Pak Brunei Investment Company Limited and United Bank Limited in the past.

Faiza has over 25 years of experience in corporate and legal affairs. She graduated with a distinction in L.L.B from S.M. Law College.

Mohamamd Kaleem Khan (Head of HR and CSR)

Mr. Mohammad Kaleem Khan has over 28 years of diversified experience in Operations, HSE, Admin and General Management. During his professional career he has worked in various industrial sectors of the country including Fertilizer, Chemicals, Power and has been involved in green field and brown field projects.

Mr. Khan joined Hubco in 2013 and had been involved in the transformation and growth projects of the company. He successfully rolled out and implemented the world’s renowned DuPont Safety Management System at all HUBCO Plant sites. He effectively managed the O&M of both NEL & LEL Plants. As the Plant Manager LEL, he was responsible for the smooth O&M takeover of the Plant from TNB Malaysia. He Spearheaded the engagement activities at NEL Plant, resulting in the increase of employee engagement score from 37 to 86 points.

He established the technical training function which has laid the foundation for the development of technically competent resources for our teams. He took over HSE for Thar Projects when construction activities were at an accelerated pace at the ThalNova Sites and HSE was a key concern area. He implemented the necessary controls and measures to ensure the safe completion of the project.

He developed the corporate strategy for CSR and implemented all CSR initiatives inline with the strategy.

He has represented HUBCO at various international forums such as the International Hydro Power Association and MAN User Group.

Mr. Mohammad Kaleem Khan holds a bachelor’s degree in chemical engineering from the University of Engineering Technology Lahore, Pakistan.

Saleem Qureshi (VP Thar Operations)

Saleem Qureshi began his journey with Hub Power in 1995, and over nearly three decades, he has risen through the ranks, holding critical positions such as Shift Engineer, Shift Manager, Head of Operations, Corporate Head of HSE & Technical Training and Plant Manager TEL & a TNPTL Thar. His contributions have been instrumental in shaping the company's operational and safety culture, particularly in the early development phases of TEL and TNPTL, where he played a significant role in building strong, capable teams. With extensive experience in operational leadership, Saleem has also served as Senior Authorized Personnel at both HUBCO and National Power (SAMIA Region), where his expertise in safety and technical training has been widely recognized. His commitment to excellence and continuous improvement has not only strengthened Hub Power's operations but has also made him a trusted leader in the energy sector.