Chairman of the Board
Mr. M. Naseem Saigol is son of Mr. M. Yousuf Saigol, has done Chemical Engineering from USA. He is one of the pioneer industrialists in Pakistan. The Saigols dynasty was originally doing business in Calcutta and after Indo-Pak partition they migrated to Pakistan and set up one of the largest textile unit under the banner of Kohinoor Textile Mills Limited in Faisalabad (formerly Lyallpur) the textile city of Pakistan. Thereafter they formed a largest Chemical Complex in Kalashah Kaku. Saigols family is also founder of the United Bank Limited established in 1959 which became the third largest banking network in the early years of Pakistan.
Mr. Naseem Saigol being an eminent textile entrepreneur has also the honor to provide technical and management expertise to the governments of Libya, Somalia and Tanzania for establishing textile industry in their countries.
Thereafter diversifying to manufacturing and assembling of home appliances he brought another brand name Pak Elektron Limited (PEL). PEL is comprises of Appliances and Power Divisions. Refrigerators, Air conditioners, Microwave Ovens, Washing Machines, Water Dispensers, Generators, Transformers, Switchgears and Energy Meters are major appliances and electrical equipments that are produced by PEL.
In 1994 at the time when Pakistan was facing a severe shortage of power supply, he came up with the vision to serve the nation through power industry. He joined his hands with Tomen Corporation Japan (later on acquired by Toyota Tsusho Corporation, Japan) and formed Kohinoor Energy Limited (KEL) as an Independent Power Producer. KEL is proudly contributing to the dire power needs of the country.
He had also been the Chairman of All Pakistan Textile Mills Association (APTMA), Vice President of Lahore Chamber of Commerce and Industry, President of Faisalabad Chamber of Commerce and Industry, and is member of Industrial Employees Association. Mr. M. Naseem Saigol through his business group in terms of services, manufacturing home appliances and electrical equipment, textile products and exports thereof, and power generation, is not only contributing to exchequer and the GDP of the country but also bestows businesses to local vendor industry and providing job opportunities to thousands of Pakistanis.
Besides member and the Chairman of the Board of Directors of KEL since its inception Mr. M. Naseem Saigol is also Director/Chairman of Pak Electron Ltd, Kohinoor Industries Ltd, Azam Textile Mills Ltd, Saritow Spinning Mills Ltd and Kohinoor Power Company Ltd.