Board of Director

Mr. Muhammad Ali Tabba is the Chief Executive of Lucky Cement Limited.

Succeeding his late father in 2005. Mr Tabba also serves as the Chairman of Yunus Textile Mills Ltd (YTM), a state-of-the-art home textile mill with subsidiaries in North America and Europe.

He is the Chairman of Lucky Motors Corporation (LMC), Gadoon Textile Mills Limited (GTML) and Lucky Electric Power Company Limited (LEPCL).

Mr Tabba also plays a pivotal role in providing strategic leadership to ICI Pakistan Limited, as its Vice Chairman.

Mr Tabba started his career with Yunus Brothers Group (YBG) – a family conglomerate in 1991. YBG is one of the premier business houses in Pakistan with diversified interests in Building Materials, Chemicals, Pharmaceuticals, Energy, Textiles, Automotive and Real Estate Development.

Mr Tabba is the Chairman of Pakistan Textile Council (PTC), a think tank, advocacy and research based body. He is also the Chairman of All Pakistan Cement Manufacturing Association (APCMA), a regulatory body of cement manufacturers in Pakistan. In the recent past, he has been Chairman of Pakistan Business Council (PBC), a business advocacy forum comprising of leading private sector businesses.

Muhammad Ali Tabba has extensive engagements in many Community Welfare Projects, and serves on the Board of Governors at renowned Universities, Institutions and Foundations. He is the Vice Chairman of the Non-Profit organization, Aziz Tabba Foundation (ATF). The Foundation is working extensively in the field of Social Welfare, Education, Health and Housing. The Foundation runs two state-of-the-art Hospitals in Karachi; a 170 bed Tabba Heart Institute (THI) which is a dedicated Cardiac Care Hospital, and a 100 bed Tabba Kidney Institute (TKI), a specialized institution, providing comprehensive treatment for Nephro-Urological disorder.

In recognition of his outstanding services and contributions in the social development sector of Pakistan, World Economic Forum (WEF), bestowed the title of Young Global Leader (YGL) to Muhammad Ali Tabba in in 2010. He is also the recipient of Karachi Chamber of Commerce and Industry “Businessman of the Year” Gold Medal Award for 2012- 2013.

Government of Pakistan has awarded Mr Tabba with the Sitara-E-Imtiaz Award in 2018.

Mr. Muhammad Sohail Tabba one of the Pakistan’s leading business leaders and a philanthropist, leads a conglomerate of businesses and export houses bearing the YBG brand name. His proficient leadership in diverse sectors – textiles, cement, energy, entertainment, real estate and philanthropy – spanning over almost three decades – has earned laurels and accolades for the group and the country.

Being the Chief Executive Officer of Gadoon Textile Mills Limited, Lucky Knits (Private) Limited and Director of Yunus Textile Mills Limited, Lucky Textile Mills Limited, he has made YBG renowned both locally and globally. The flourishing industries and manufacturing houses have provided employment opportunities to over 15,000 people and are key drivers of the economy.

Mr. Muhammad Sohail Tabba, the Chairman of ICI Pakistan started as a Non-Executive Director on the Board of ICI Pakistan Limited in 2012 and was appointed Chairman of the Company in 2014. He is also the Chairman of NutriCo Morinaga (Private) Limited – the state-of-the-art infant formula Morinaga manufacturing facility, which was established in Pakistan in 2016 as a joint venture with Morinaga Japan and Unibrands. Mr. Muhammad Sohail Tabba’s leadership, personal credibility and strong interpersonal skills have been instrumental to the success of this joint venture.

Mr. Muhammad Sohail Tabba’s relentless energy, his vision, and his ability to think outside the box created LuckyOne Mall, which attracts both the elite and people from humble backgrounds. His vision was to provide a world class entertainment facility that would be enjoyed by children of all status and income groups and, today Onderland at LuckyOne Mall is children’s favorite entertainment hub.

Besides being the Chairman of Yunus Energy Limited & CEO of Lucky Energy (Private) Ltd, Lucky One (Private) Limited; he is the Director of Lucky Cement Limited, Lucky Motor Corporation Limited (formerly known as KIA Lucky Motors Pakistan Limited) and several other companies. Mr. Muhammad Sohail Tabba’s strong social presence in the business community led him to become the founding member and first Vice President of the Italian Development Council. He is playing an instrumental role in contributing to the educational landscape of Pakistan by serving on the Board of Governors at Textile Institute of Pakistan. He has also previously served on the board of Hamdard University.

Driven to contribute to the community, Mr. Muhammad Sohail Tabba is playing a pivotal role as Director of Aziz Tabba Foundation that runs the Tabba Heart and Kidney Institutes besides several other welfare projects. Mr. Muhammad Sohail Tabba’s determination to contribute to the community has metamorphosed the children emergency rooms of the government hospitals and he became Founding Trustee of Childlife Foundation Pakistan in 2012. His altruistic contribution to the healthcare sector of Sindh and Balochistan has manifested in the treatment of 3.1 million children in ChildLife Emergency Rooms and 4.7 million children in ChildLife Clinics. In the past decade, ChildLife Foundation has evolved extraordinarily and today, 10 contemporary emergency rooms are functioning efficiently in the under resourced hospitals of Sindh and Balochistan.

Mr. Imran Tabba has a vast experience in Textile Sector and he is the Executive Director and Joint Chief Executive of Lucky Textile Mills Limited. Mr. Imran Tabba is a key decision maker and manages the administrative function of LTM units located in various parts of Karachi. Mr. Imran Tabba has contributed significantly in the performance of the Board and currently also serves on the Board of Lucky Motor Corporation Limited.

Mr. Jawed Yunus Tabba has a rich experience in the textile industry and is currently the Chief Executive Officer and Director of a renowned textile mill, Lucky Textile Mills Limited. His untiring efforts helped him acquire deep insight and expertise in export and manufacturing activities.

He has been instrumental in managing the textile concerns of the YBG and has transformed Lucky Textile Mills Limited into one of the premier textile companies in Pakistan. Lucky Textile Mills Limited is among the top five home textile exporters from Pakistan, and it has been a story of rapid expansion and diversification in the textile industry under his leadership and guidance. He is also the Vice-Chairman of YBG.

He is on the Board & related subcommittees of Lucky Cement Limited, ICI Pakistan Limited, Gadoon Textile Mills Limited, and Lucky Motor Corporation Limited (formerly known as KIA Lucky Motors Pakistan Limited). He is keenly involved in the formulation of vision, strategies & governance structures of these companies.

Mr. Jawed Yunus Tabba is also managing the real estate project LuckyOne, which is the largest mall in Pakistan. Mr. Jawed Yunus Tabba is extensively engaged in community welfare projects, which include the Aziz Tabba Foundation. He is also a member of the Young President Organization (YPO).

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, Ms. Zulekha Tabba Maskatiya has been an indispensable part of the business.

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.

Mr. Hassan Tabba serves as the Director at Gadoon Textile Mills Limited. He is also the Chief Executive of Yunus Textile Mills Limited (YTM), a state-of-the-art home textile mill with subsidiaries in North America and Europe. Hassan spearheads YTM while playing a pivotal role in providing a strategic vision to the Organization. Following his graduation in 2019 from Bentley University in Business & Finance, he has been working on developing corporate strategy for YTM. He has not only developed the organizational culture to promote transparency and collaboration throughout the organization. Still, He has also worked on developing partnerships with company stakeholders, shareholders, industry regulators, and other relevant parties. Mr. Tabba has actively participated in planning new projects and served in an excellent manner for the expansion and development of his organization. Mr. Hassan Tabba also serves on the board of the Aziz Tabba Foundation. The Foundation is working extensively in Social Welfare, Education, Health, and Housing. The Foundation runs two state-of-the-art Hospitals in Karachi; 170-bed Tabba Heart Institute (THI), a dedicated Cardiac Care Hospital, and 100-bed Tabba Kidney Institute (TKI), a specialized institution providing comprehensive treatment for Nephro-Urological disorder.

A chartered accountant by profession, Syed Muhammad Shabbar Zaidi served as the 26th Chairman of the Federal Board of Revenue (FBR) from May 2019 to April 2020. He previously also served as a Provincial Minister for Finance, Board of Revenue, and Excise & Taxation, in the Government of Sindh during the 2013 caretaker setup. Mr. Zaidi was also a member of the Federal Government Task Force for Reform of Tax Administration in 2002 and authored the report.

A retired senior partner at A. F. Ferguson & Co, he also serves as Chairman of the Securities & Exchange Commission Committee formed for Corporate Industrial Rehabilitation Reform and is a member of the Economic Advisory Council. He is a fellow member of the Institute of Chartered Accountants of Pakistan and has also served as President of the Institute from 2005-2006.

Mr. Zaidi has also served as a member of the Developing Nations Committee of the International Federation of Accountants, President South Asian Federation of Accountants, Founder Director of Pakistan Institute of Corporate Governance, member Central Audit Committee of the State Bank of Pakistan and was the Director of the Karachi Stock Exchange Limited from 2012-2015.

Currently, Mr. Zaidi is serving on the board of ICI Pakistan Limited as an independent director and as Chairman Audit Committee. Among his non-profit work, he is a trustee of the Sindh Institute of Urology & Transplantation (SIUT) and a member of the Board of Governors of Liaquat National Hospital and Karachi School of Business and Leadership (KSBL). Mr. Zaidi has also authored books, including ‘A Journey for Clarity’ and ‘Pakistan: Not a Failed State’

Mr. Moin M. Fudda, Independent Director and Chairman of the Human Resource Committee has over 45 years of professional experience which encompasses working for the corporate sector and performing diplomatic duties. He holds B.S. in Insurance & Economics from the RCD International School of Insurance, Tehran and MBA in Insurance & Risk Management from St. Jones University, New York where after post-graduation he joined the faculty as an Adjunct Assistant Professor and worked for the American International Group in New York as a Manager – Reinsurance.

In his former role as Managing Director of Karachi Stock Exchange (now Pakistan Stock Exchange), he was elected as Chairman of the Corporate Governance Task Force of Federation of European and Asian Stock Exchanges (FEAS). He has helped in creation of Pakistan Institute of Corporate Governance (PICG) and has also served on its Board. He is a Certified Corporate Governance Trainer by International Finance Corporation and is a Member of PICG’s Faculty. He has contributed significantly towards development of Governance Rules for Public Sector Enterprises and has published Corporate Governance Guide for Family-Owned Businesses as well as several other articles on a number of economic topics including the 2008 world financial crisis.

He is the Honorary Consul General of New Zealand for Pakistan and being its sole representative, his responsibilities include, bilateral relations, consular affairs, trade, education & support to Immigration NZ. He is also Country Representative of SCOR tier 1 Global Reinsurer. His current positions include:

Chairman: Board of Directors – Central Depository Company of Pakistan (CDC)

Director: Pak Suzuki Motor Company Limited; and Al Meezan Investment Management

Member: Faculty – Pakistan Institute of Corporate Governance. Insurance Committee – Policy Board – SECP; Board of Governors – Karachi Council of Foreign Relations; and Executive Committee – English Speaking Union of Pakistan.

Prior to joining KSE, he was Country Chief of New Zealand Insurance and Commercial Union (CU now AVIVA) and Founder MD of CU Life (now Jubilee Life). He was one of the two members actively involved in draing the Pakistan Insurance Ordinance 2000 which replaced the 1939 Insurance Act. He has also held positions such as Country Director, Center for International Private Enterprise, an affiliate of US Chamber of Commerce, Executive Director Pakistan Reinsurance Company and Client Executive, Stewart Wrightson, Lloyds Insurance Brokers. His other professional affiliations were:

Chairman: Islamabad Stock Exchange; and National Clearing Company of Pakistan President: Overseas Investors Chamber of Commerce and Industry; Management Association of Pakistan; and Karachi Boat Club.

Member: Boards of Investment and Privatization Commission;

Pakistan Institute of Management;

Pakistan Britain Business Advisory Group;

National Center for Dispute Resolution;

Indus Valley School of Arts and Architecture;

National Policy Platform for Competitiveness and Economic Growth;

Managing Committee of the FPCCI;

Insurance Association of Pakistan;

Panel of Judges – ACCA-WWF Pakistan Environmental Reporting Awards;

Task Forces on Code of Corporate Governance and Public Sector Enterprises;

Anti-Money Laundering and Transfer Pricing Committee by FBR & SECP;

Technical Committees of RCD;

Federation of Afro Asian Reinsurers Pools (FAIR); and

Insurance Reform Committee of the Ministry of Commerce.

Director: Pakistan Stock Exchange;

Pakistan Mercantile Exchange Limited;

Wyeth Pakistan Limited;

and Merit Packaging Limited

Chairman: Islamabad Stock Exchange; and National Clearing Company of Pakistan President: Overseas Investors Chamber of Commerce and Industry; Management Association of Pakistan; and Karachi Boat Club. Member: Boards of Investment and Privatization Commission; Pakistan Institute of Management; Pakistan Britain Business Advisory Group; National Center for Dispute Resolution; Indus Valley School of Arts and Architecture; National Policy Platform for Competitiveness and Economic Growth; Managing Committee of the FPCCI; Insurance Association of Pakistan; Panel of Judges – ACCA-WWF Pakistan Environmental Reporting Awards; Task Forces on Code of Corporate Governance and Public Sector Enterprises; Anti-Money Laundering and Transfer Pricing Committee by FBR & SECP; Technical Committees of RCD; Federation of Afro Asian Reinsurers Pools (FAIR); and Insurance Reform Committee of the Ministry of Commerce. Director: Pakistan Stock Exchange; Pakistan Mercantile Exchange Limited; Wyeth Pakistan Limited; and Merit Packaging Limited