October 18, 2018 (MLN): Pakistan's largest Independent Power Producer, the Hub Power Company Limited (HUBCO), has announced the appointment of Mr. Ruhail Mohammad as CEO of Hub Power Holdings Limited (HPHL) which is the 100% owned subsidiary of HUBCO, effective from December 1, 2018. Ruhail will be spearheading the development of HUBCO’s future growth, power and water Projects.
The Hub Power Company Limited currently produces 1601 MW of power through its three plants located at Hub, Narowal and Azad Jammu Kashmir. HUBCO is the only power producer in Pakistan which is executing three projects worth over USD 3 billion listed in the China Pakistan Economic Corridor (CPEC), namely 1320MW imported coal-based China Power Hub Generation Company (Private) Limited (CPHGC) at Hub, 330MW Thar lignite-based Thar Energy Limited (TEL) at Thar and Sindh Engro Coal Mining Company Limited (SECMC) developing Block II of Thar Coal Field.
Ruhail Mohammed was previously the Chief Executive Officer of Engro Fertilizers Limited. In the past, Ruhail has also held the positions of Chief Financial Officer of Engro Corporation Limited and the Chief Executive Officer of Engro Powergen Limited (which owns a 217 MW IPP). He has over 30 years of experience in General Management, Change Management, Business Development, Strategy & Financial Planning and People Development. He has worked in these areas in Pakistan, UAE and Europe. He has also been on the Boards of Hubco, Engro Corporation and various Engro subsidiaries and Pakistan Mercantile Exchange Limited.
Ruhail holds an MBA degree in Finance from the Institute of Business Administration Karachi and is also a Chartered Financial Analyst (USA).
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