Profile of the Board of Directors

Mr. Hasnain Aslam

Hasnain Aslam is a Director as well as the Chief Executive Officer of TRG Pakistan Limited. He is also a Founding Partner and the Chief Investment Officer at The Resource Group (TRG). He has spearheaded TRG’s growth through over 25 acquisitions and divestitures since its inception in 2002. He serves on the boards of several TRG companies, including Afiniti, where has been a Board member since inception. Prior to TRG, Hasnain managed Corporate Development at Align Technology and was an investment banker at JP Morgan in New York and San Francisco, where he managed over $100 billion in transactions in mergers & acquisitions as well as Corporate Finance. Hasnain also served as Chairman of the Board of OPEN, Washington D.C. from 2015 through 2020, and is a board member of the D.C. Chapter of The Citizens Foundation USA (TCF), where he has helped raise over $20 million for TCF. Hasnain has an A.B. with Honors from Harvard University, and his diverse interests include automobile racing, sports, travel, and Urdu poetry.

Mr. Zafar Iqbal Sobani

Zafar Iqbal Sobani brings with him over forty years of experience of the audit profession and manufacturing & power sectors of Pakistan and the Middle East. Currently he is engaged in finance, business and power sector consultancy in addition to be an entrepreneur. He is serving as a Board Member of Privatization Commission of Pakistan since January 2014 and has actively contributed in the Privatization transactions carried out during this period which included spade work on PSE and Energy sector. In addition, he is on the Board of TRG (Pakistan) Limited, Primus Leasing Limited (a subsidiary of Brunei Investment Company Limited), IT Minds (a subsidiary of Central Depository Company) , AGP Pakistan Limited, Zephyr Power Ltd , IPP based Wind Power project and Hardon Solar (a developer of Solar solutions). He has also been inducted as a Board Member of KWSB in last quarter of 2021 as World Bank recommended restructuring of the Board.

He obtained qualification of Chartered Accountancy and Cost & Management Accountancy in the early eighties from Pakistan. He started his career at A.F. Ferguson (Price Waterhouse Coopers) in Pakistan later moving on to Ernst and Young, Saudi Arabia. During his career, he has served at important positions for various corporate entities. Starting out in the industry in 1985 at Pakistan Oxygen Limited where he was responsible for core finance functions. After four years he moved to Century Paper & Board Mills Limited (CPBM), part of the Lakson Group of Companies, where he spent a major part of his career. In his eighteen years tenure at CPBM he was engaged in the areas of finance, new projects, treasury, costing and supply chain. Additionally, he was responsible for overall coordination of group finance affairs. After ending his affiliation with CPBM, he turned his focus towards power sector and joined in 2008 Liberty Power Tech, a 200MW IPP Based project, as CEO for 3 years. Continuing his journey in the power sector he joined as CEO of HUBCO in 2011, overlooking all three of its IPP based power projects of around 1500 MW. His final assignment in the corporate sector came at House of Habib in 2013 where he was involved in new project development and real estate development for two years He has been the President of Institute of Chartered Accountants of Pakistan (ICAP) and served actively in council and regional committee in various capacities between 1993 and 2005. He also remained Chairman of Quality Control Board for nine years from 2006 and was entrusted with the objective of overseeing the quality of audit assurance work in Pakistan. He remained Chairman of Audit Committee of ICAP. He also remained Member of the managing committees of Overseas Investors Chamber of Commerce and Industry. He was the Sponsor Director of Pakistan Institute of Corporate Governance in year 2004 and 2005 and has Certification as a trainer of Corporate Governance by IFC. He is also associated with different NGO in various capacities.

Mr. Waleed Tariq Saigol

Mr. Saigol was schooled at Aitchison College, Harrow School and holds a bachelor’s degree from the London School of Economics & Political Science. He has a rich experience of Textile & Cement Sectors and is currently the Chief Executive Officer and Director of Maple Leaf Capital Limited (MLCL). Over the years, he has acquired deep insight in capital market activities. His expertise of capital market operations has helped MLCL to become one of the leading investment management companies in the country. He serves on the Board of Kohinoor Textile Mills Limited, Maple Leaf Cement Factory Limited and Maple Leaf Power Limited. He is also a Member of Audit Committees of both the listed companies of Kohinoor Maple Leaf Group and is keenly involved in formulation of vision, strategies and governance structures of these companies. His valuable deliberations and able guidance are considered valuable assets. He is keen golfer and has won several tournaments in Pakistan.

Mr. John Leone

John is the Managing Director of ForeVest Capital Partners, LLC, an advisor to an investor in TRGI. John works on sourcing, negotiating and executing private equity transactions in Europe, Latin America, the Middle East and Africa. Prior to this role, John was General Counsel of PineBridge Investments’ Emerging Markets Private Equity operations. Earlier in his career, John was an attorney at Kirkland & Ellis LLP where he focused on advising private equity clients. John earned a Juris Doctor, with High Honors, from The George Washington University Law School where he was a member of the Law Review, and a Bachelor of Arts, Magna Cum Laude, from the State University of New York at Binghamton.

Mr. Asad Nasir

Asad Nasir is currently serving as Group Head, Ecosystem Development and Sustainable Finance at JS Bank. He has over 20 years of diversified financial services experience including Private Equity, Corporate Finance Advisory, Capital Market Advisory, Transaction Services and Audit. Prior to his current role, Asad has served as the Chief Investment Officer for JS Private Equity and the Pakistan Catalyst fund, a USD 50 million private equity fund which included USAID in its investors. Before that Asad was Head, Corporate Finance at JS Global Capital, a leading Pakistani securities brokerage and investment banking firm. At JS Global, Asad advised some of Pakistan’s leading companies on fundraising, mergers and acquisitions and corporate restructurings. Asad commenced his professional career with Deloitte UK, working as part of the audit & assurance and corporate finance teams. He is an FCA with the Institute of Chartered Accountant in England and Wales and holds a BSc (Hons) in Accounting from the University of Hull.

Mr. Abid Hussain

Professional Experience:

Entrepreneur with professional experience spanning over 25 years. Holds in-depth experience in the field of Strategic and Operations Management, Marketing, front line Sales, Administration and Human Resources. Currently managing M/s. Sign Source Limited (SSL) as Director and Chief Executive Officer. SSL is Pakistan’s Largest Out of Home Media & Advertising Company. Also associated with Infotainment World Pvt. Ltd. (hotfm 105) as Managing Partner. Earlier career has been with leading multinationals and national institutions of repute including M/s. Societe General, Broken Hill Proprietary, JS Group and Network Microfinance Bank in the capacity of Chief Operating Officer.

Philanthropic Activities:

Focused on practical doing something about inevitable suffering, acting for social change, seeking to empower people who have been marginalized through poverty deprivation. Member Board of Trustee Milestone Charitable Trust (MCT) a non-profitable & non-governmental organization with the sole purpose of providing learning facility for children with developmental limitation, Autism, Down Syndrome and Cerebral Palsy.


Master’s degree in Business Administration and is also Certified Director from the Institute of Chartered Accountants of Pakistan.


  • Sign Source Limited (Unlisted – Public Limited)
  • Transit Media Pvt. Limited
  • Azgard Nine Limited (Listed Company)

Mr. Suleman Lalani

Mr. Suleman Lalani joined Jahangir Siddiqui & Co. Limited (“JSCL”) on March 1, 2012 as Chief Executive Officer. Prior to joining JSCL he was Executive Director Finance & Operations and Company Secretary of JS Investments Limited where he served as CFO and Company Secretary for seven years. Mr. Lalani started his career with JSCL in 1992 where he worked for over eight years. In year 2000 he was promoted to the position of Chief Operating Officer of Jahangir Siddiqui Investment Bank Limited, a subsidiary of JSCL. In January 2002 he joined The First MicroFinance Bank Limited as its Chief Financial Officer and Company Secretary. Mr. Lalani is a Fellow member of the Institute of Chartered Accountants of Pakistan and has more than 25 years of experience in the financial services sector. He has also completed the Board Development Series Certificate Program conducted by the Pakistan Institute of Corporate Governance.


  • JS Investments Limited
  • Al-Abbas Sugar Mills Limited
  • Shahtaj Sugar Mills Limited

Mr. Mohammedulla Khan Khaishgi

Mohammed Khaishgi has served as Chief Executive Officer and Chairman of the board of directors of IBEX Limited since September 2017. Mr. Khaishgi was a founding partner and served as the Chief Operating Officer of TRGI, a position he held since TRGI’s inception in 2002 until December 2017, responsible for overseeing TRGI’s day-to-day operations, including management and oversight of its portfolio of direct holdings. Mr. Khaishgi continues to serve as a Director of TRGI. Prior to joining TRGI, Mr. Khaishgi was a Senior Director at Align Technology, where he managed Align’s offshore delivery center and back office services operations. Mr. Khaishgi was previously a Senior Investment Officer at World Bank’s International Finance Corporation (the “IFC”) where he was responsible for the IFC’s portfolio of investments in the Asian telecommunications and technology sectors. Mr. Khaishgi received his undergraduate degree in electrical engineering from the University of Engineering and Technology in Lahore, Pakistan an additional B.A. degree in philosophy, politics and economics from the University of Oxford where he was a Rhodes Scholar, and a M.B.A. degree from Harvard Business School.

Mustafa Kirdar

Mustafa is an accomplished investment and operating professional with over thirty years of global and diversified experience in various leadership roles as a Principal, CEO, COO, Strategy Consultant and Board Member for companies in multiple stages of their life cycle, across several industries and sectors, including consumer products, food & beverage, retail, manufacturing, business services, real estate and hospitality. Mustafa is currently serving as the Managing Director of MK Partners as a financial and operating advisor. Prior to that, he worked at Investcorp International as a Principal and at Reig Capital Group as a Managing Director. Mustafa also worked as an investment banker at Salomon Brothers and Citigroup, based in NYC. He began his career as a management consultant and worked for both Arthur D. Little and McKinsey.

Mustafa holds a BSc degree in Industrial Engineering from Rensselaer Polytechnic Institute, an M.P.A. degree from Harvard University’s Kennedy School of Government and an M.B.A. degree from MIT’s Sloan School of Management.

Marlene Peller

Marlene Peller is a seasoned professional having diversified experience in different sectors and countries including information technology, consulting firms and non-profit organizations. She has been associated with business development throughout her career and has served in the following organizations through her career: FIAFE as Présidente du Réseau des Français in Ethiopia, Ibex as Director Strategy Business Development in Senegal, Cojean as Chief Business Development Officer and Capgemini Consulting as Management Consultant in Paris. She is focusing now on several personal investment projects. She is a business graduate from ESSEC Business School (one of the twoleading higher education institutions in management in France). She was also VP – Member of the Executive Committee at Dakar Women’s Group and Sponsorship & Fundraising Officer – Senegal at Samusocial International.

Legal Advisor Lexium - Attorneys at Law

Auditors KPMG Taseer Hadi & Co.
Chartered Accountants

Shareholding Pattern