Mohammad Aliuddin Ansari

Independent Director at Byco Petroleum

Ali started his career as an Investment Manager at Bank of America, London in 1986, and joined Credit Lyonnais Securities Asia (CLSA) in 1994 as CEO Pakistan and subsequently headed the digital transformation of CLSA in Hong Kong and was then appointed as COO Emerging Europe for CLSA in London. Following this he joined AKD Securities in Karachi as its CEO in 2000 and was the first to launch Online Trading, Venture Capital and Private Equity in Pakistan.

He partnered with an Oil & Gas company to form Dewan Drilling in 2006, Pakistan’s first Oil & Gas drilling company which he led as its CEO. He was appointed the President & CEO of Engro Corporation in 2012 and during his tenure, revenues grew from Rs125 billion to a record Rs176 billion and the share price rose a remarkable 300%. He spearheaded a series of transformational initiatives for the organization including Pakistan’s first LNG terminal & Thar power project. Engro also won numerous local and international awards for Business Inclusiveness, Corporate Governance, Sustainability & CSR. He served as Chairman of Engro Foods, Engro Fertilizers, Engro Polymer and all other Engro subsidiaries. He founded XCO Partners in 2017 and has advised on a number of high profile M&A transactions.

He currently serves as a member on the Securities & Exchange Commission of Pakistan (SECP) Capital Markets Advisory Group and has also chaired a number of SECP Capital Markets reform committees.

He has served as the Chairman of Alfalah CLSA Securities and on the boards of a number of Investment Management & Venture Capital companies including Acumen Fund, Faysal Asset Management, Al Meezan Investment Management, AKD Investment Management and TMT Ventures. Additionally, he has also Chaired and served on the boards of Public and Public Interest Companies including Pakistan Refinery, National Clearing Company of Pakistan, Karachi Stock Exchange, Dawood Hercules Corporation Limited, Hubco and Lucky Cement. As part of social responsibility, he has served on the board of Kashf Foundation, Hisaar Foundation think tank and Chairman Advisory Board of the Centre for Entrepreneurship Development at the IBA Karachi (IBA). He is a strong proponent of Inclusive growth and has worked closely with DFI’s and multilaterals including IFC & ADB and spoken on business inclusiveness at various public forums including at the World Bank Annual Meeting.