Thal Ltd
Mr. Muhammad Tayyab Ahmad Tareen joined as CEO of Thal Limited on 1st July 2019. He has more than 25 years of experience mainly with multinationals and private equity, covering areas of business turnarounds, transformations and entrepreneurial experience in general management, financial management and business acquisitions.
Before joining House of Habib, he was associated with K-Electric, the largest vertically integrated power utility in Pakistan, serving as its CEO and Chairman of the Board, CFO and Chief Strategy Officer. He led the operational turnaround of this ailing utility company, turning it into a profitable enterprise after 17 years of losses. Prior to K-Electric, he served in private equity having global operations & investments in different sectors. He has also served as the CFO of the The Coca-Cola Company managed bottler in UAE and OMAN, a business that saw successful turnaround from losses to sustained profitability within two years. He is a Member of Institute of Chartered Accountants in England and Wales.
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Thal Ltd
Thal Limited is engaged in the manufacture of jute goods, engineering goods, papersack and laminate sheets. The Company operates in three segments: Engineering; Building Materials and Allied Products, and Real estate management & others. The Engineering segment is engaged in the manufacturing of automotive parts. The Building material and allied products segment includes jute, papersack and laminate operations. The Real estate management & others segment includes the real estate management, trading and share registrar and management services. It is a supplier of wire harness products to various automobile original equipment manufacturers (OEMs) in Pakistan. It is engaged in the manufacturing of A. Twill Sacks, B. Twill Sacks, Coffee Sacks, Sugar Sacks, Heavy Cees, Light Cees, Hessian Cloth and Hessian Bags (ordinary/natural white). Its jute operations are located at Muzaffargarh, engineering operations at Karachi, papersack operations at Hub, and Gadoon and laminate operations at Hub.