Muhammad Ali has taken charge as the care taker Minister for Energy, Power and Petroleum.

Muhammad Ali has over 30 years of domestic and international work experience in the public and private sectors, including as Chairman of the Securities and Exchange Commission of Pakistan.

He also chaired the Committee on Power Sector Audit, Circular Debt Resolution and Future Roadmap which prepared a detailed report for reforming Pakistan's power sector, and was member of the negotiation team which successfully negotiated revised power tariff and signed the MoUs with private power producers.

Muhammad Ali is founder of some of the leading companies in Pakistan and also worked and set up firms in the USA, Canada and UAE, and served on Boards of leading Pakistani corporates, stock exchange, credit rating agency, Federal Board of Revenues' Tax Advisory Group and Government of Pakistan's Economic Coordination Committee of the Cabinet.