Mr. Muhammad Tayyab Tareen is a qualified Chartered Accountant from England and Wales and a member in good standing of the Institute of Chartered Accountants in England and Wales since 1994.
He has over 27 years of experience, mainly with large multinationals, local corporates and private equity, covering areas of business turnarounds, transformations and entrepreneurial experience in general management, financial management and business acquisitions.
He started his career in 1995 with Packages Limited in Pakistan as Manager Project Financing, responsible for investment and project financing.
From 1997 to 2001, he was with Coca-Cola Pakistan as their Chief Financial Officer and Company Secretary where they acquired bottling plants in Pakistan. He moved to UAE in 2001 with Coca-Cola and was instrumental for the performance of the UAE & Oman region, successfully turning the business around from losses to sustained profitability within two years.
In 2006, he joined the Abraaj Group, a private equity group having global operations and investments in different sectors. He moved to K-Electric as a board of director in 2009 and remained on the board till 2019. He also served in operational management roles at K-Electric as the Chief Financial Officer and Chief Strategy Officer. In 2013, he had set up the Pakistan Equity Investment Fund and was also appointed as its Chief Executive Officer. In 2014, Mr. Tareen was appointed as K-Electric’s Chief Executive Officer. In 2018, he moved from his role to become the Chairman of the Board of K-Electric before joining House of Habib in 2019.
Mr. Tareen is currently the Vice Chairman of House of Habib and the Chief Executive Officer of Thal Limited.
House of Habib is one of the largest a conglomerate company of Pakistan with a turnover of around $2 billion. The group has presence across the country and business interest in key industries such as automotive (Indus Motors – Toyota), auto parts (Thal & Agriautos), building materials (Shabbir Tiles), energy (SECMC & ThalNova), packing and real estate businesses, employing over 12,000 employees. He is also a director on the board of Sindh Engro Coal Mining Company (SECMC), Pakistan’s first open pit coal mine, and ThalNova coal power project