Mr. Zahid Muzaffar

Zahid Muzaffar

Chairman of the Board of Directors

Mr. Zahid Muzaffar has had a distinguished career in the energy sector, demonstrating exceptional leadership in both the private and public sectors over 44 years. Renowned for his achievements in developing conventional and alternative energy projects locally and internationally, Mr. Muzaffar has successfully navigated the complexities of the oil and gas industry, contributing significantly to both upstream and downstream operations, including the transportation of gas via tertiary pipelines. He served as an ADVISOR to the Ministry of Petroleum and Natural Resources and led Pakistan’s energy sector delegation at the 21st World Petroleum Congress in Moscow (Russia) in 2014. His participation in various international oil and gas forums, where he delivered keynote speeches, underscores his influence in the sector.

His visionary leadership as the chairman of OGDCL and influential roles on various international boards highlight his commitment to sustainable and impactful energy solutions.

Professional Experience

(2014 to 2019)

Chairman, Oil and Gas Development Company Limited (OGDCL)

Guided OGDCL through transformative growth, enhancing production capabilities and market penetration.
Implemented strategic initiatives leading to operational efficiency and increased profitability.
Built strong relationships with government and regulatory bodies to align company objectives with national energy policies.
Successfully steered OGDCL through economic and market challenges to achieve record financial performance.
Instrumental in securing international partnerships and joint ventures.
Advocate for sustainable practices and technological innovation in the energy sector.

(2003 to 2009)

Chief Executive and Board Member of Trans Asia Gas and Star Petro Energy UAE
Led the development of a gas-based power plant (150 MW) and hydro projects (100 MW) in Pakistan.
Participated in the privatization of Pakistan State Oil.
Developed a consortium for a cross-country gas pipeline and LNG terminal in Turkey.
Headed the acquisition of the largest oil refining company in the Mediterranean, LERCO.
Oversaw refining, marketing, and distribution operations for efficiency and product quality.
Led initiatives to upgrade and expand refining capacities.
Developed robust logistics frameworks for the transportation and storage of oil and gas products.
Provided strategic oversight and governance for leading international oil and gas companies.

Influenced major investment decisions and project developments.
Championed the adoption of innovative technologies and sustainable practices.

(1980-2001)

Mr. Muzaffar started his career with Pakistan Oil Fields a subsidiary of Attock Oil Company and served till 1986 and joined London and Scottish Marine Oil PLC in Pakistan and later was elevated on the board LASMO Oil Pakistan.

Mr. Muzaffar developed successful working relationships with business professional and government officials internationally, particularly in Far East, South Asia, Middle East and North and East Africa. He was involved in a number of mergers and acquisitions of energy assets during the last 44 years and served on various international company’s board of directors

Mr. Muzaffar holds master’s degree in economics and has attended various management courses at the College of Petroleum Studies and St. Catherine’s College, Oxford, U.K., THE Edwin H. Cox School of Business at Southern Methodist University, U.S.A., Wentworth Consultants, Huddersfield UK and IMD Switzerland.