The Hub Power Company Limited (HUBCO) is the first and largest Independent Power Producer (IPP) in the country with a combined installed power generation capacity of 3,581 MW. Our Hub Plant, situated at Mouza Kund, Hub in Balochistan, is one of the most efficient RFO fired thermal power plant in Pakistan, which supplies reliable and uninterrupted electricity to the national grid. Our Narowal Plant is also an RFO-fired, engine based, combined cycle power station, located at Mouza Poong, Narowal in Punjab. HUBCO also holds 75% controlling interest in Laraib Energy Limited, which is a run-of-the-river hydel power plant near the New Bong Escape, 8 km downstream of Mangla Dam in Azad Jammu and Kashmir. Our joint-venture with China Power International Holdings (CPIH), a 1320MW imported coal-based power plant, China Power Hub Generation Company Limited (CPHGC) with its integrated coal jetty, has started its commercial operations providing affordable and uninterrupted energy to over 4 million households.

HUBCO has established two wholly owned subsidiaries for its future growth initiatives, The Hub Power Services Limited (HPSL) & Hub Power Holdings Limited (HPHL). HPHL has been incorporated to invest in the future growth projects. Whereas HPSL manages O&M of HUBCO’s existing power assets, including the indigenous coal-based growth projects. In addition to this, HPSL is also exploring other onshore and offshore business opportunities.

HPSL is currently operating the Hub, Narowal, Laraib and Thar Energy Limited Plants. The Company’s wholly owned subsidiary, Narowal Energy Limited (NEL), owns the 225MW Narowal Power Plant.

HUBCO also holds 8% shareholding in Sindh Engro Coal Mining Company Limited (SECMC), a joint venture between the Company, Engro, Thal Limited, HBL, CMEC and Government of Sindh, which has developed a coal mine at Thar which has the seventh largest reserves of coal in the World. SECMC achieved Commercial Operations for Phase II on October 1st, 2022 doubling its coal mining capacity from 3.8 MTPA to 7.6 MTPA for supplying fuel to Hubco’s Thar Energy Limited and ThalNova projects.

HUBCO has established Thar Energy Limited (TEL), to set up a 330MW mine-mouth lignite-fired power Plant at Thar Coal Block II Sindh. The Company has signed a Shareholders’ agreement with Fauji Fertilizer Company Limited (FFCL) and CMEC TEL Power Investments Limited (CMEC Dubai) for equity investment of 30% and 10% respectively in the Project, while HUBCO holds 60% shares of TEL. The Company has acquired majority shares in 330MW ThalNova Power Thar Pvt. Ltd (TNPTL) mine mouth lignitefired power plant which is a similar project like TEL and provides huge opportunities for synergy.

Assistant Manager Corporate Governance:

Job Purpose:

Assistant Manager Corporate Governance will be responsible for ensuring the company’s adherence to regulatory requirements as mandated by the Pakistan Stock Exchange (PSX), Securities and Exchange Commission of Pakistan (SECP), and Central Depository Company (CDC). The role includes managing the timely dissemination of material information, handling statutory compliances, and coordinating with relevant financial and regulatory bodies.

Responsibilities:

• Ensure compliance with PSX requirements, including the timely dissemination of material information, Board Meeting Notices, Quarterly and Annual Financial Results, and reporting of Director/Executive share trades.
• Assist the Company Secretary in managing CDC-related regulations and compliances.
• Submit statutory forms as per applicable laws.
• Draft and prepare responses to queries from SECP, PSX, and CDC regarding compliance matters, show-cause notices, etc.
• Advise associated companies on various compliance and share-related issues.
• Conduct compliance-related training sessions for associated companies.
• Coordinate with banks, treasury, and share registrar for the disbursement of online dividends, ensuring timely and accurate processing, including risk management for double payments.
• Follow up with the registrar and tax department to ensure the timely deposit of dividend tax and zakat to the relevant authorities within the prescribed time.
• Respond to shareholder queries regarding dividends, including non-updated IBANs, stop payments, revalidation of expired dividend warrants, and the dispatch of returned dividend warrants.
• Minimize share registry and dividend disbursement costs by providing in-house services for online dividends.
• Ensure the timely dispatch of AGM/EGM Notices and Annual Accounts to shareholders, as well as other communications required under the Companies Act 2017 and SBP regulations.
• Coordinate with banks and share registrars to compile unclaimed dividend data from dividends 1 to 28.
• Assist the Secretarial team in organizing AGMs/EGMs, including preparation of notices, responding to SECP observations, venue booking, refreshments, collecting proxies, and engaging Share Registrar and Auditors.
• Ensure compliance with stamp duty-related matters, including liaising for payment on behalf of group companies.

Qualifications, Experience, and Skills:

• LLB or Bachelor’s Degree from an HEC-recognized university.
• 3–5 years of relevant experience in compliance, legal, or corporate affairs.
• Strong understanding of PSX, SECP, and CDC regulations.
• Excellent drafting and communication skills.
• Attention to detail and strong organizational abilities.
• Proficiency in coordinating with financial institutions and regulatory bodies.

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