Mr. Khalid Mansoor is a Graduate in Chemical Engineering with distinction and honors. He has been the Chief Executive Officer of Hubco, the first and largest Independent Power Producer (IPP) in Pakistan, since May 20, 2013. The Company generates approximately 10% of the Country’s electricity and is a leading private sector player in addressing the energy crisis currently being faced by Pakistan.
Mr. Mansoor initiated the process of transformation of Hubco on becoming the CEO in May 2013. Major refurbishments have been carried out in Hub Plant, DuPont HRM and GE’s Predictive Enhancement and Performance Improvement (PEPI) has been initiated in all three plants of Hubco to enhance safety, reliability, availability and efficiency. Growth initiatives have been undertaken and Projects worth over US$ 3.5 Billion are currently in execution. These include 1320MW imported coal base power project with integrated Jetty at existing Hub site in a JV arrangement with China Power Investment Holding (CPIH), development of Thar Coal Mine in a JV arrangement with Government of Sindh, Engro, House of Habib & Habib Bank Limited and a 330MW mine mouth power plant at Thar with an aim to provide long term sustainable solution to Pakistan’s energy needs. These initiatives have resulted in increasing the market capitalization of Hubco by 135%. Mr. Mansoor heads all the subsidiaries of Hubco being the Chairman or the CEO. He is also the President of the Overseas Investors Chamber of Commerce & Industry (OICCI) for the term 2017.
Mr. Mansoor has over 35 years of experience and expertise in Energy & Petrochemical Sectors in leading roles for mega size projects development, execution, management and operations. Mr. Mansoor led the development of permeate gas fired 225MW combined cycle power plant during his tenure as President and CEO of Engro Powergen Limited and served as the Chief Executive Officer of Algeria Oman Fertilizer Company (AOA) which currently manages the world’s biggest Ammonia & Urea fertilizer Complex. Prior to AOA, he has held positions as President and Chief Executive Officer of Engro Fertilizers Limited, Engro Powergen Qadirpur Limited (EPQL), Engro Powergen Limited (EPL) and Sindh Engro Coal Mining Company (SECMC). He had also been a Director on the Boards of Engro Corporation, Engro Polymer & Chemicals Limited, Engro Foods (Pvt.) Limited, Engro Vopak Terminal Limited, Sui Northern Gas Pipeline Limited. He also held various key assignments at Engro and with Esso Chemicals Canada and led the development and execution of various major diversification and expansion Projects worth over US$ 1.6 billion.