Thal Limited

BOARD OF DIRECTORS

Challenging new frontiers for a better tomorrow

At Thal Limited, The Board of Directors drives success at every turn. With over 100 years of collective management experience, we lead with confidence, compassion and objectivity above all else.

Rafiq M. Habib

Chairman – Thal Limited

Muhammad Tayyab Tareen

Chief Executive Officer

Khayam Hussain

Independent Director

Ms.Aliya Saeeda Khan

Director

Imran Ali Habib

Non-Executive Director

Mohammedali R. Habib

Non-Executive Director

Salman Burney

Non-Executive Director

MANAGEMENT COMMITTEE

Leading you to a better tomorrow

At Thal Limited, our management team leads from the ground up. We keep all cylinders fired for your growth, competiveness and profitability.

Name

Designation

Name

Designation

Name

Designation

Name

Designation

Name

Designation

Name

Designation

Name

Designation

Rafiq M. Habib

Chairman

Mr. Rafiq M. Habib is one of the founding members and Chairman of Thal Ltd. He also serves as the Group Chairman of the renowned ‘House of Habib’. He has served on the Board of Governors of ‘Pakistan Institute of Management’. Having a wide business experience in a variety of Industries, he also leads the team towards success as the Chairman of Habib Insurance Company Ltd. and Shabbir Tiles & Ceramics Ltd.

He provided his visionary leadership to many public Limited Companies including the iconic Toyota- Indus Motor Company Ltd. and served as a consultant to Habib Bank AG Zurich.

Muhammad Tayyab Tareen

Chief Executive

Mr. Muhammad Tayyab Ahmad Tareen joined as CEO of Thal Limited on 1st July 2019. He has more than 25 years of experience mainly with multinationals and private equity, covering areas of business turnarounds, transformations and entrepreneurial experience in general management,financial management and business acquisitions.

Before joining House of Habib, he was associated with K-Electric, the largest vertically integrated power utility in Pakistan, serving as its CEO and Chairman of the Board, CFO and Chief Strategy Officer. He led the operational turnaround of this ailing utility company, turning it into profitable enterprise after 17 years of losses.Prior to K-Electric, he served in private equity having global operations & investments in different sectors. He has also served as the CFO of the The Coca-Cola Company managed bottler in UAE and OMAN, a business that saw successful turnaround from losses to sustained profitability within two years. He is a Member of Institute of Chartered Accountants in England and Wales.

Khayam Husain

Independent Director

Mr. Khayam got his schooling from Karachi Grammar School and then went on to get a business degree from the University of Houston. He later obtained his MBA from Pepperdine University. He started his career as Market Training Manager with PepsiCo in their food service division in California. After returning to Pakistan he took over the family-owned Automobile Corporation of Pakistan (Autocom). He has led Autocom to become Pakistan’s largest manufacturer of semi-trailers and road tankers.

Professionally, Khayam helped find the Fleet Operators Association of Pakistan to promote modernized trucking. Khayam has served as a Board Member for Transport Policy in the Planning Commission and has also served as a Board Member in Pakistan Steel. Khayam is a co-founder of Karachi Relief Trust (KRT) – a volunteer organization dealing in Disaster Management. He has served as Chairman of the Board of Public Interest Law Association of Pakistan (PILAP) and also serves on the board of NOWPDP (helping people with disabilities), Charter for Compassion and AISEC.

Ms. Aliya Saeeda Khan

Director

Aliya Saeeda Khan is a Partner at the law firm of Orr, Dignam & Co. and is based at the Firm’s Karachi office. She is an Advocate of the High Court of Sindh and a Barrister from Gray’s Inn. As with other Partners of the Firm, she deals with a wide range of corporate, financial and commercial matters. Her focus areas are M&A, project work, joint ventures and energy sectors. She is a graduate of the University of Cambridge. She joined Thal Limited’s Board in September 2018.

Imran Ali Habib

Non-Executive Director

Imran Ali Habib was appointed as a Director of Thal Limited in June 2020. He is a Senior Vice President at Habib American Bank in New York, USA. Prior to his transfer to the United States in 2016, he served as Senior Vice President with Habib Bank AG Zurich in the United Arab Emirates from 2008-2016. He has a graduate degree in Business Administration from Bryant University (2002), USA, and has attended the Program for Leadership Development at Harvard Business School.

Mr. Imran Ali Habib also serves as a Director on the Board of Directors of Indus Motor Company Limited.

Mohammedali R. Habib

Non-Executive Director

Mr. Mohamedali R. Habib was appointed as the Director of Thal Limited in December 1990. Since 2004, he has been an Executive Director of Habib Metropolitan Bank Limited. He also serves as a member on the Board of Indus Motors Company Limited and Habib Insurance Company Limited. He was appointed as Joint-President & Division Head (Asia) & Member of General Management of Habib Bank AG Zurich in 2011.

He is a graduate in Business Management – Finance from Clark University, USA.

Salman Burney

Non-Executive Director

Mr. Salman Burney joined the Board in February 2016 as a Non-Executive Director. He also served as the VP/Area GM for GSK Pakistan, Iran and Afghanistan. He began his career with ICI Pakistan in Sales & Marketing within various roles in Pakistan & African / Eastern Region at ICI plc, London and as General Manager of ICI’s Agrochemicals & Seeds Business. He joined the company in 1992, was appointed MD, SmithKline Beecham in 1997 with additional responsibility for Iran and the Caspian Region. He was holding the position of MD for GSK in Pakistan, and he was responsible for GSK’s Pharmaceutical business in Pakistan, Iran & Afghanistan. He has a degree in Economics from Trinity College, University of Cambridge, UK. Mr. Salman Burney has been the President of Pakistan’s foreign investors Chamber and as Chairperson of the MNC Pharma Association has led the industry interface with the government on various issues.