Board of Directors

Imran Ali Habib

Chairman

Mr. Imran Ali Habib was appointed as a Director of Thal Limited in June 2020. He is the Senior Executive Vice President of Habib American Bank in New York, USA, where he is responsible for looking after the bank’s management and business development. 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. He also serves as a Director on the Board of Directors of Indus Motor Company Limited, Shabbir Tiles and Ceramics Limited and Habib American Bank, USA. In addition Imran also devotes his time and attention to social welfare, education and benevolent activities and is a Member on the Board of Directors of Habib University Foundation, US.

Imran is a graduate of the Bryant University (Bachelor of Science in Business Administration) and has attended the Program for Leadership Development and is an Alumni of Harvard Business School. He is also a member of the Young Presidents Organization Pakistan Chapter.

Mohamedali R. Habib

Non-Executive Director

Mr. Mohamedali R. Habib was appointed as the Director of Thal Limited in December 1990. He has been a Director of Habib Metropolitan Bank Limited since 2004, and currently serves as the Chairman of the Board of Directors of the Bank. In Addition, he serves as a Chairman on the Board of Indus Motor Company Limited, and also serves as a Director of Habib University Foundation. He was appointed Group CEO of HBZ Group in 2016.

Mohamedali R. Habib graduated in Business Management – Finance from Clark University, Massachusetts, USA in 1987, and also holds a Post Graduate Diploma in General Management from Stanford-National University of Singapore.

Salman Burney

Non-Executive Director

Mr. Salman Burney joined the Board in February 2016 as a Non-Executive Director. He also served previously as the VP/Area GM for GSK Pakistan, Iran and Afghanistan.

He began his professional career with ICI Pakistan in Sales & Marketing in various roles in Pakistan & at ICI plc, London and as General Manager of ICI’s Agrochemicals & Seeds Business. He later joined SmithKline Beecham in 1992 and was appointed MD in 1997 with additional responsibility for Iran and the Caspian Region and was later responsible for GSK’s pharmaceutical business in Pakistan, Iran and Afghanistan.

Mr. Salman Burney has a degree in Economics from Trinity College, University of Cambridge, UK. He has been the President of Pakistan’s foreign investors Chamber (OICCI) and as Chairperson of the MNC Pharma Association has led the industry interface with the government on various issues.

He has also been a member of the Privatisation Commission and a member of the boards of P.I.D.C, and N.T.D.C.

Muhammad Tayyab Tareen

Chief Executive Officer

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 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.

Tahira Raza

Independent Non-Executive Director

Tahira Raza is a distinguished banker with an MBA in Banking and Finance from IBA Karachi. She demonstrated academic excellence early in her career by securing the 7th position nationwide and earning a Distinction in Practice & Law of Banking in 1980.

Tahira was appointed as the President and CEO of First Women Bank in Pakistan in 2014 where she served for 4.5 years. Before her tenure at First Women Bank in a landmark achievement, Tahira Raza broke new ground at the National Bank of Pakistan (NBP) becoming the first woman to hold this prestigious position as the first female elevated to Senior Executive Vice President and Head of the Risk Management Group in the 70 years history of NBP. Her leadership and contributions to the banking sector were recognized in 2006 when she received the Women Banker of the Year award from the Federation of Pakistan Chambers of Commerce & Industry (FPCCI).

She is currently serving on the boards of State Bank of Pakistan, Pakistan International Airline (PIA), Green Star Social Marketing and Habib University.

She also serves as a trustee of the Senior Citizen Welfare Trust Sindh (SCWTS), and is a member of the Karachi Council on Foreign Relations (KCFR).

She has previously served on various boards of Habib Metropolitan Bank Ltd, Safco Microfinance Company PVT, Pakistan Petroleum Ltd (PPL), Apna Micro Finance Bank Ltd , Saudi Pak Insurance company Ltd.

Khayam Husain

Independent Non-Executive Director

Mr. Khayam Husain joined the Board of directors in June 2022. He is presently the Chairman of Automobile Corporation of Pakistan which is the largest builder of semi-trailers and road transport equipment in Pakistan.

He got his schooling from Karachi Grammar School and undergraduate degree in Finance from the University of Houston. He later obtained an MBA from Pepperdine University. He started his career with PepsiCo. in the US before returning to Pakistan.

Mr. Khayam helped find the Fleet Operators Association of Pakistan to promote a consolidated Trucking/Transport policy and promote safety and compliance in road transport. Khayam is also an active member of the ICC and Karachi Relief Trust.

Shahid Malik

Non-Executive Director

Mr. Shahid Malik is the Group Managing Director of Hilton Pharma (Pvt.) Limited, one of Pakistan’s largest national pharmaceutical companies, with a strong presence in human pharmaceuticals, animal health, and biotechnology. He also serves as the Chief Executive Officer of Hinucon (Pvt.) Limited, a leading company in nutrition and natural health products.

Mr. Malik has been instrumental in driving the Group’s growth and diversification, leading its international expansion, strategic investments in private and public listed entities, and ventures into new growth sectors.

He holds a degree in Economics and Finance from the NYU Stern School of Business, New York, and has completed multiple executive education programs at INSEAD, London Business School, and IMD.