Board of Directors
Mr. Laith G. Pharaon
Mr. Wael G. Pharaon
Non Executive Director
Chairman/ Non Executive Director &
Alternate Director to Dr. Ghaith R. Pharaon
A businessman and an international
investor who has financial and
trading interests in Pakistan and
other parts of the world in various
sectors like petroleum, power
generation, chemical, real estate
and cement etc. Mr. Laith holds a
graduate degree from the University
of Southern California. He is also
Director on the Board of various
Companies in the Group.
A businessman and an international
investor who has financial and
trading interests in Pakistan and
other parts of the world in various
sectors like petroleum, power
generation, chemical, real estate
and cement etc. Mr. Wael holds a
graduate degree. He is also Director
on the Board of various Companies
in the Group.
Mr. Shuaib A. Malik has been
associated with Attock Group of
Companies for around 4 decades. He
started his career as an Executive
Officer in The Attock Oil Company
Limited in July 1977 and served in
different Companies in the Group at
various times with the responsibility
to supervise and oversee the
operations and affairs of these
Companies. He has exhaustive
experience related to various
aspects of upstream, midstream and
downstream petroleum business.
He obtained his bachelor’s degree
from Punjab University and has
attended many international
management programs, workshops
and conferences including two
such programs at British Institute
of Management, UK and Harvard
Business School, USA. Presently,
he is holding the position of Group
Chief Executive of the Attock Group
of Companies besides being the
Director on the Board of all the
Companies in the Group.
Non Executive Director
12
Attock
Refinery
Limited
Dr. Ghaith R. Pharaon
Non Executive Director
(Chairman Attock Group of Companies)
An international investor and industrialist who has financial and trading
interests in Pakistan and other parts of the world in various sectors
like petroleum, power generation, chemical, real estate and cement etc.
He holds an MBA from Harvard University and Masters in Petroleum
Engineering from University of Colorado and Stanford University. He
is also Chairman of The Attock Oil Company Limited, Attock Cement
Pakistan Limited, Attock Petroleum Limited and National Refinery Limited
and Director on the Board of various Companies in the Group.
Mr. Shuaib A. Malik
13
Annual
Report
2015
Board of Directors
Mr. Abdus Sattar
Mr. Sajid Nawaz
Mr. Shamim Ahmad Khan
Mr. Tariq Iqbal Khan
Mr. Babar Bashir Nawaz
Alternate Director to Mr. Wael G. Pharaon
Chief Executive Officer
Mr. Abdus Sattar has over 35 years
of Financial Management experience
at key positions of responsibility in
various Government organizations/
ministries, commercial organizations
with the main objective of controlling
costs of various commodities, to
watch consumer interest, minimize
government subsidies, improve
government revenues, eliminate
wasteful expenses/ leakages and
fixation of gas and POL prices.
After serving as Financial Advisor
to Ministry of Petroleum & Natural
Resources, Government of Pakistan,
he also remained Financial Advisor
for Mari Gas Company Limited for
around 8 years including 6 years
as its Director on the Board. While
working as Financial Advisor in
Ministry of Petroleum, he also served
as Director on a number of boards
like OGDCL, PPL, SNGPL, SSGCL,
PSO, PARCO, ARL, POL, NRL, PMDC
etc. as a nominee of Government
of Pakistan for about 7 years. He
is a fellow member of Institute of
Cost and Management Accountants
of Pakistan (ICMAP) and was also
nominated as council member of
ICMAP for 3 years (Jan 2000 to
Dec 2002) by the Government of
Pakistan. He has attended various
advance financial management
courses, programs and trainings in
institutions of international repute
in Pakistan and abroad. Presently, he
is on the Board of Pakistan Oilfields
Limited, Attock Cement Pakistan
Limited, Attock Petroleum Limited
and National Refinery Limited and a
visiting faculty member of a number
of reputed universities including
professional institutions.
Mr. Sajid Nawaz is currently Advisor
to Chairman of Pakistan Oilfields
Limited (POL). He has almost 9
years work experience with POL
in Senior Management positions.
While working in POL he also served
as Director on a number of Boards
like, Attock Refinery Limited, Attock
Petroleum Limited, Attock Hospital
(Pvt.) Limited, Attock Cement
Pakistan Limited, Attock Information
Technology Services (Pvt.) Limited
and Pakistan Oilfields Limited.
After joining Civil Service of Pakistan,
Mr. Shamim Ahmad Khan served in
senior positions in the Government,
particularly in the Ministry of
Finance and retired as Secretary,
Ministry of Commerce. For ten
years, he worked in Corporate Law
Authority, regulatory body for the
corporate sector as Member and
later as Chairman. He restructured
it as Securities and Exchange
Commission of Pakistan (SECP) and
became its first Chairman. After
leaving SECP, he has been serving
as director of a number of listed
companies. Presently, he is a non
executive director of Packages, IGI
Insurance and Abbott Laboratories.
He is also Chairman of IGI Life
Insurance. Earlier he has served
on the Boards of ABN AMRO/Royal
Bank of Scotland, Linde Pakistan
and Pakistan Reinsurance Company.
He has also been associated
with non government sector. For
six years, he served as Member/
Chairman, Certification Panel,
Pakistan Center for Philanthropy
and presently he is member of Board
of Governors of SDPI and member
of Advisory Committee of Center
for International Private Enterprise.
Mr. Khan has undertaken a number
of consultancy assignments for
Asian Development Bank, World
Bank and DFID.
Mr. Tariq Iqbal Khan is a fellow
member of Institute of Chartered
Accountants, Pakistan with
diversified experience of more
than 40 years. He was pivotal in
founding Islamabad Stock Exchange
where he subsequently served
as President as well. He has also
served as the Member Tax Policy
& Co-ordination in the Central
Board of Revenue, followed by
being appointed as Commissioner
SECP, where he was instrumental
in restructuring the SECP. He
also held the charge of Chairman
SECP (acting) for a brief period. He
served on prominent national level
committees like Committee for
formulation of Take Over law, CLA
Committee for review of Securities
and Exchange Ordinance 1969,
Committee for formulation of CDC
law and regulations and Prime
Minister’s Committee for Revival
of Stock Market. He served as the
Chairman and MD of NIT for more
than 8 years, which played the
role of a catalyst in establishing,
strengthening and stabilizing the
capital markets. Additionally, during
this period, he held the charge of
Chairman & MD of ICP for almost
5 years. He has served on Boards
of the top companies like CDC,
Faysal Bank, Bank Al Habib, GSK,
ICI, Siemens, and Packages etc.
Presently he is a member of the
Boards of Gillette Pakistan Limited,
International Steel Limited, Lucky
Cement Limited, National Refinery
Limited, Pakistan Oilfields Limited,
Packages Limited, Silk Bank Limited
and PICIC Insurance Limited.
Mr. Babar has over 30 years of
experience with the Attock Group
of Companies. During this period
he has held various positions in
Finance, Personnel, Marketing &
General Management before being
appointed as the Chief Executive of
Attock Cement Company Limited
in 2002. Mr. Bashir holds a Master’s
degree in Business Administration
from the Quaid-e-Azam University
in Islamabad and at present is also
a Director on the Board of all the
listed companies of the Group in
Pakistan. He has attended various
courses, workshops and seminars in
Pakistan and abroad on the business
management and has substantial
knowledge of the cement industry
in Pakistan. Currently he is also
a member of the Management
Committee of the Overseas
Investors Chamber of Commerce
and Industry and the All Pakistan
Cement Manufacturing Association.
Mr. M. Adil Khattak, Chief Executive
Officer of Attock Refinery Limited
(ARL) since 2005 has been associated
with The Attock Oil Group in Pakistan
for the last 38 years. Prior to
re-joining ARL as CEO, he worked
for two years as Chief Operating
Officer of Attock Petroleum Limited.
Mr. Khattak has extensive experience
in engineering, maintenance, human
resource management, project
management and marketing.
Non Executive Director
14
Attock
Refinery
Limited
Non Executive Director
He has over 30 years of work
experience in service with
Government of Pakistan at various
management posts both within
country and abroad. Due to the
nature of various posts and
assignments he carries considerable
experience of working in different
environments. He has attended
various management courses abroad
and in Pakistan, including one month
course on International Petroleum
Management at Canadian Petroleum
Institute, Canada.
Independent Non Executive Director
(NIT Nominee)
Alternate Director to Mr. Laith G. Pharaon
Mr. M. Adil Khattak
Mr. Khattak also holds the positions
of Chief Executive Officer of Attock
Gen Ltd. (165 MW IPP), Attock
Hospital (Pvt.) Ltd., and National
Cleaner Production Centre (NCPC). He
is Director on the Boards of Attock
Information Technology Services
Limited and Petroleum Institute of
Pakistan (PIP). He is also a Member
on the Boards of Governors of
Lahore University of Management
Sciences (LUMS), Ghulam Ishaq Khan
Institute of Engineering Sciences and
Technology (GIKI) Cadet College, Hasan
Abdal, Sustainable Development Policy
Institute (SDPI), Corporate Advisory
Committee (NUST), Governing
Council (PMQA), National Productivity
Organization and Member Board of
Studies, (Chemical Engineering), UET,
Peshawar. Mr. Khattak is President of
Attock Sahara Foundation, an NGO,
working for the poor and needy people
of Morgah and its surrounding areas.
Mr. Khattak holds a master’s degree in
engineering from Texas Tech University,
USA and has attended many technical,
financial and management programs in
institutions of international repute in
Pakistan, USA, Europe and Japan.
15
Annual
Report
2015