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Governance | Lucky Electric Power Company



Board of Directors

Muhammad Ali Tabba

Mr. Muhammad Ali Tabba is the Chairman of Lucky Cement Limited.
He also serves as the Chief Executive of Yunus Textile Mills Ltd (YTM), a state-of-theart home textile mill and the largest exporter of home textile products from Pakistan with subsidiaries in North America and France. Mr. Tabba also serves in the capacity of Vice Chairman of the Board of ICI Pakistan Limited. ICI Pakistan Limited is the leading producer of Polyester, Soda Ash, Chemicals, Life Sciences and Pharmaceuticals products.
Mr. Tabba is also the Chairman of KIA Lucky Motors. The company has entered into a joint venture agreement with the South Korean carmaker to manufacture, assemble, market, distribute, sell, offer after-sales service, import and export all types of Kia motor vehicles, parts and accessories in Pakistan.
All of the above companies are sponsored by YBG which is one of the largest export houses and business conglomerates in Pakistan.
Mr. Tabba is also the Chairman of Pakistan Business Council (PBC). PBC is a business policy advocacy platform comprising of the largest private-sector businesses and conglomerates, including multinationals in Pakistan. Pakistan Business Council aims to improve the general business environment of the country. He is also the former chairman of All Pakistan Cement Manufacturing Association (APCMA), a regulatory and apex body of the cement manufacturers in Pakistan. He has been appointed by the Government of Pakistan to serve on the Board of Directors of Pakistan International Airlines Corporation Limited.
In recognition of his outstanding services and contributions in the social development sector of Pakistan, World Economic Forum (WEF) in 2010 bestowed the title of Young Global Leader (YGL) on Mr. Tabba. For his distinguished services rendered in the field of entrepreneurship, public service and philanthropy; Government of Pakistan in 2018 conferred upon Mr. Tabba “Sitara-e-Imtiaz,” the third highest civilian award.
Mr. Tabba is the Vice Chairman of a not-for-Profit organization, Aziz Tabba Foundation. Aziz Tabba Foundation is the philanthropic arm of YBG which is working extensively in the field of social welfare, education, healthcare and housing. The Foundation runs two state-of-the-art hospitals in Karachi; 170 bed Tabba Heart Institute (THI) which is a dedicated cardiac care hospital and 100 bed Tabba Kidney Institute (TKI), a specialized institution providing comprehensive treatment for Nephro-Urological disorder.

Muhammad Younus Tabba

Mr. Muhammad Younus Tabba started his over fourty three years long career with Yunus Brothers Group as one of its founding members. With his expertise and diversified experience, he has taken the Yunus Brothers group to a level which is appreciated by local and international business communities. Muhammad Yunus Tabba has also been awarded Businessman of the Year by the Chambers of Commerce several times during his career. Under his leadership, the Group has achieved considerable breakthroughs and has achieved many awards from local and international institutions.

Muhammad Sohail Tabba

Mr. Sohail Tabba is one of the top business executives in Pakistan, with vast experience in manufacturing, energy, real estate and cement sectors gained over two decade long career. He serves as the Chief Executive of Gadoon Textile Mills Ltd., Lucky Knits (Pvt.) Ltd., Lucky Energy Pvt. Ltd and Lucky One. He is also the Chairman of the Board’s Budget Committee of Lucky Cement.

Mariam Tabba Khan

Mariam Tabba Khan, took over not-for-profit Tabba Heart Institute (THI) as Chief Executive Officer in June, 2005, immediately after the sad and sudden demise of her philanthropist father Mr. Abdul Razzak Tabba. Although she had acquired a Master’s degree in Business Administration she was not involved in her father’s business ventures in his lifetime. But after his death she took charge of running the state-ofthe- art Tabba Heart Institute. The hospital is serving both affording and nonaffording patients, with dedication, attentiveness and commitment. The hospital, an ISO 9001:2015 and ISO 14001:2015 certified Facility, is recognized by College of Physicians & Surgeons Pakistan (CPSP) for imparting post-graduate training in Cardiology, Cardiothoracic surgery, Interventional Cardiology and Cardiothoracic Anesthesia. THI offers a Diploma in Cardiac Nursing, recognized by Pakistan Nursing Council (PNC).
In response to the ever growing demand for heart care solutions being provided by Tabba Heart Institute, her aspirations to launch the prestigious “DHA Diagnostic & Consultation Centre” became a reality in April 2018. This flagship centre acts as an emblem of THI’s dedication to serving ailing hearts across the city, featuring state of the art consultation clinics, laboratory, pharmacy & noninvasive diagnostic services all under one roof. The Centre, aims to provide patients with highly-experienced cardiac specialists and a wide range of cardiac services. Under her altruistic leadership THI also installed, one of Asia’s first of its kind next generation Cath Lab at its premises which showcases her commitment to continuous improvement. In June 2018 under her leadership THI successfully inaugurated the first of its kind, Emergency First Aid & Laboratory Collection Unit within the premises of South Asia’s biggest mall Lucky One Mall featuring premium first aid & immediate emergency response along with laboratory services.
She is a popular full time CEO of the hospital and her presence gives an energetic boost to her entire team.

Zulekha Tabba Maskatiya

Having pursued a Bachelor’s degree in Management Sciences from the University of Warwick and a Master’s degree in Management, Organizations and Governance from the London School of Economics and Political Science, Zulekha Tabba Maskatiya has been an indispensable part of the business since its inception.
She not only holds a prestigious position within the YBG but her educational background brings the values of business focus, corporate governance and social responsibility to the organization. In addition to this, she is also the Founder and the Creative Director of the luxury jewelry brand, Lazuli, based in Pakistan.

Intisar Ul Haq Haqqi (CEO)

Mr Haqqi has completed his Marine Engineering Training from the Pakistan Marine Academy and went on to work with the Iran National Shipping Lines as Fifth and Fourth Engineer, the Gulf East Ship Management Hong Kong as Fourth, Third and Second Engineer, Income Shipping London as Engineer Superintendent and finally he joined Lucky Cement Limited as Director Power Generation. Mr Haqqi has 23 years of rich experience with the shore power industry in Pakistan. During his wide experience of merchant navy, he had a chance to have meetings, negotiations and finalized the technical contract deals for various equipments. He is currently the Chief Executive Officer at Lucky Electric Power Company Limited.

Our People

Zulfiqar Ali Rana (Chief Operating Officer)

Zulfiqar Rana brings over 30 years of experience in the power sector ranging energy sector reforms, development, execution, operations and management across multiple power plants. He has worked with some of the world's largest power companies, and has served as Managing Director of O&M Solutions. He has also worked as Chief Operating Officer for ThalNova Power Thar Coal Fired Power Plant, in O&M team of AES 750MW Oil Fired Power Plant, business development team of AES Pakistan where by led the AES team that successfully completed the detailed feasibility study for 1200MW Coal fired power plant in Pakistan and in ACWA Power. Zulfiqar holds an engineering degree in mechanical discipline and MBA in Project Management.

Naeem Hussain Kasbati (Chief financial Officer & Company Secretary)

Mr. Naeem Kasbati is a fellow member of Institute of Chartered Accountants of Pakistan and Institute of Cost and Management Accountants of Pakistan and a Certified Public Accountant from American Institute of Certified Public Accountants. He has 29 years of experience with expertise in streamlining operations, cost reduction, strategizing, financial planning & reporting, and funds management including seventeen years in power sector. As a senior member of the management, he played an integral part in strategic decision making in leading organizations.

Muhammad Asad (Director Civil)

Mr. Asad completed his Bachelors in Civil Engineering from Southern Illinois University (SIU), Edwardsville, Illinois, USA and Masters in Civil Engineering from University of Engineering & Technology, Taxila Pakistan. Mr. Asad comes with 25 years of experience in heading local and international public/private sector organizations. He has expertise in project planning & management, re-engineering & restructuring, mergers and acquisitions and development of green-field projects.
Mr. Asad began his professional career from Office of the City Engineer, City of Kirkwood, Missouri, USA as 'Engineering Assistant', and then joined Lucky Cement Limited as 'Assistant Manager Civil'. He was associated with LTH Joint Venture as 'Director' before Joining Lucky Cement Limited and is currently serving as Director Civil at Lucky Electric Power Company Limited.

Name of the Auditor of the company

M/s.A.F.Ferguson & Company, Chartered Accountants (a member of the PWC network)
State Life Building No. 1-C, I.I. Chundrigar Road, P.O. Box 4716, Karachi-74000, Pakistan

Name of Legal Advisor

RIAA Barker Gillette
RIAA Barker Gillette Chambers D-67/1,
Block 4, Clifton, Karachi

S&B Durrani Law Associates
Durrani House A-17/11, 6th street,
Bath Island, Karachi