National Refinery Limited

New CUIN Registration number 0001747 NTN-No 0711325-7

Board of Directors

DIRECTORS' PROFILE


Mr. Laith G. 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 including The Attock Oil Company Limited, Attock Cement Pakistan Limited, Attock Petroleum Limited, Pakistan Oilfields Limited, Attock Gen Limited and Attock Refinery Limited.


Mr. Wael G. 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. Wael holds a graduate degree. He is also Director on the Board of various Companies including the Attock Oil Company Limited, Attock Cement Pakistan Limited, Attock Petroleum Limited, Pakistan Oilfields Limited, Attock Gen Limited and Attock Refinery Limited.


Mr. Shuaib Anwar Malik

Mr. Shuaib A. Malik has been associated with Attock Group of Companies for more than four 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. With his professional abilities, hard work and dedication, he eventually rose to the highest management position in the Group, serving as the Group Chief Executive of one of the largest conglomerates in the Country since July 2006 having diversified interests in Oil & Gas, Power Generation, Cement, Information Technology, Renewable Energy, Medical Services and Real Estate Development etc. He has exhaustive experience related to various aspects of upstream, midstream and downstream petroleum business and it was due to his visionary leadership that the Attock Group was able to grow leaps and bounds and diversify into various trade and industries. 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. In addition to holding the position of Group Chief Executive of the Attock Group of Companies, presently, he is serving as Chairman & Chief Executive Officer of Pakistan Oilfields Limited, Chairman of Attock Refinery Limited and National Refinery Limited and Chief Executive Officer of The Attock Oil Company Limited besides being the Director on the Board of all the Companies in the Group including listed and unlisted public/private Companies.


Mr. Sajid Nawaz

Mr. Sajid Nawaz 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 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. He is presently holding position of Managing Director of Pakistan Oilfields Limited (POL) and has almost 14 years of work experience with the Company in Senior Management positions. He has also served as Director on Boards of Attock Petroleum Limited, Attock Refinery Limited and Attock Cement Pakistan Limited.


Mr. Abdus Sattar

Mr. Abdus Sattar is a fellow member of the Institute of Cost and Management Accountants of Pakistan (ICMAP) and has over 35 years of Financial Management experience at key positions of responsibility in various Government organizations / ministries and commercial organizations including Ministry of Petroleum & Natural Resources, Government of Pakistan and Mari Gas Company Limited. Besides, he has also served as Director on a number of boards like OGDCL, PPL, SNGPL, SSGCL, PSO, PARCO, ARL, POL, PMDC etc, as a nominee of Government of Pakistan for about seven years. He has attended many advanced financial management courses and trainings from institutions of international repute in Pakistan & abroad. Presently, he is on the Board of Attock Refinery Limited, Pakistan Oilfields Limited, Attock Petroleum Limited and Attock Cement Pakistan Limited.

Mr. Shamim Ahmed Khan (Independent Director)

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. Presently, he is serving as director on the Boards of IGI Holdings Limited, Pakistan Oilfields Limited, Attock Refinery Limited and Attock Cement Pakistan Limited. He is also Chairman of IGI Life Insurance and IGI General Insurance. Mr. Khan has also undertaken a number of consultancy assignments for Asian Development Bank, World Bank and DFID.

Mr. Khondamir Nusratkhujaev (Independent Director)

Mr. Khondamir Nusratkhujaev has more than 20 years of diversified working experience in the areas of Auditing, Internal Controls and Financial Controls (COSO), Budgeting and Islamic Banking. He is a Chartered Certified Accountant, UK and also holds Master’s degree in Business Administration. Besides he is also a Certified Islamic Public Accountant. Mr. Nusratkhujaev has been associated with top international accounting firms including Deloitte Russia, Ernst & Young Kazakhstan & PWC Uzbekistan in the areas of Auditing and Accounting Advisory. Currently he is associated with Islamic Development Bank, Jeddah as Manager accounting and reporting division and manages full financial and management reporting cycle. He also author of many international publications on Islamic Finance and Banking.

Mr. Babar Bashir Nawaz - Alternate Director for Mr. Wael G. Pharaon

He has an illustrious career span of over 40 years with the Attock Group of Companies. During this period he has held various positions in Finance, Marketing, Personnel &General Management, before being appointed as the Chief Executive Officer of Attock Cement Pakistan Limited in 2002. Mr. Bashir holds a postgraduate degree in Business Administration from the Quaid-e-Azam University, Islamabad. At present, he is serving as a Director on the Boards of all the listed companies of the Attock Group in Pakistan. Being a seasoned professional, he has attended various courses, workshops and seminars in Pakistan and abroad on the business management and carries enormous knowledge of the cement industry in Pakistan. Currently, he is the Vice Chairman of All Pakistan Cement Manufacturers Association (APCMA).

Mr. Jamil A. Khan - Chief Executive

Mr. Jamil A. Khan was previously working in Pakistan Air Force in General Duty Pilot Branch and continued to serve in various operational, administration and staff positions for over sixteen years. He joined National Refinery Limited in 2005 immediately after its privatization. After serving as Deputy Managing Director of the Company for more than a decade, the Board of Directors appointed him as Chief Executive Officer of the Company effective November 3, 2018. After completing his tenure of three years he has been reappointed as Company’s Chief Executive with effect from November 03, 2021. He has also served as a member on the Board of Directors as an alternate director. He is also serving on the Board of Attock Refinery Limited. He is a graduate in aero sciences and holds a degree of Masters in Business Administration (Finance) besides qualifying the Directors Training Program from Pakistan Institute of Corporate Governance (PICG).