Professional Biography

Mr Zafar Ali Khan is a qualified Chartered and Certified Accountant (U.K and Pakistan). He is a Fellow Member of the Institute of Chartered Accountants in England and Wales, U.K. and Pakistan (FCA), Chartered Association of Certified Accountants, U.K. (FCCA), and Advanced Management Program (Harvard) and an alum of Graduate School of Business Administration, Harvard University, U.S.A. He is a highly-qualified professional with over 35 years of rich and diversified experience of finance, corporate management, policy formulation, investment planning, privatization, and power regulation. He has an ideal blend of academic and professional qualifications with working experiences for private, public sectors and the government within the country and abroad. He served in National Energy and Power Regulatory Authority as Member Finance for over five and half years (including as Acting Chairman/Vice Chairman) where he has worked on matters relating to power generation. Possessing a strong background of finance and corporate management, coupled with experience of working for the government at senior levels, he made a very useful contribution by strengthening the Tariff Division, improved tariff determinations and review framework, and developed tariff mechanism for wind, co-generation and Hydel Power Projects. He also worked as a Managing Director (Chief Executive Officer), Private Power and Infrastructure Board (PPIB) for about four years which provides ‘one-window’ facility to investors in the private power sector by acting as one-stop organization on behalf of all ministries, departments and agencies of the federal and provincial governments in matters relating to establishing power projects and related infrastructure in the private sector. Further, he served as a Federal Secretary, Ministry of Privatization and Member Privatization Commission, Government of Pakistan for four years on strategically important assignments. He played a pivotal role in redefining the Pakistan Privatization Policy and restructured a number of power transactions and various banks after developing the enabling legal and financial framework. He has also worked as Managing Directors of three very large Engineering Companies, i.e. Heavy Mechanical Complex (HMC), Heavy Foundry & Forge (HFF) and Heavy Electrical Complex (HEC). He possesses in-depth knowledge and requisite experience of the legal, financial, commercial and corporate governance issues confronting Pakistan industrial, investment and power sectors. His most recent experience includes but is not limited to working as advisor / team leader for a number of projects revolving around corporate governance, human capital management, corporate restructuring, power & energy sector reforms etc. for clients like The World Bank, Asian Development Bank, USAID IESCO, Rouch Power, COMSATS, PEMRA, etc. He has worked extensively in the U.K., Middle East and Pakistan with reputable international professional firms of Chartered Accountants (A.F. Ferguson, Moore Stephens, Price Waterhouse) and successfully managed International Privatization Road Shows.