Mr. Imtiaz Ahmed
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026
Outside Interests
- CEO, International Petrochemicals (Pvt) Limited
- CEO, PACHEM Global (Pvt) Limited
- CEO, Faras Fertilizer Company (Pvt) Limited
Career
Dr. Imtiaz Ahmed is a seasoned professional with over 28 years of leadership experience in the petrochemical industry. As the Chief Executive Officer of International Petrochemicals (Pvt) Limited (IPC), PACHEM Global Pvt Limited, and Faras Fertilizer Company Pvt Limited, Dr. Ahmed has been instrumental in driving innovation and growth across these organizations.
Dr. Ahmed began his career as an Assistant Professor at St. Joseph’s University in Philadelphia, where he taught for four years. He later pursued and completed his Ph.D. in Business Administration from the University of Mississippi in 1990. With a strong academic foundation and entrepreneurial spirit, Dr. Ahmed went on to establish and lead several successful ventures in the petrochemical industry.
Under his leadership, IPC has achieved remarkable milestones, expanding its global footprint and fostering partnerships that deliver value to clients worldwide. His commitment to excellence, innovative mindset, and dedication to sustainability position him as a leader poised to make a lasting impact in the petrochemical and allied industries.
Mr. Adnan Afridi
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026.
Board and Committee Activities
Member, HR & Remuneration Committee
Outside Interests
- Director, Bank Al Habib Ltd
- Director, Dynea Pakistan Ltd
- Director, Siemens (Pakistan) Engineering Company Ltd
- Director, Biafo Industries Ltd
- Chairman Board of Governors, The Kidney Centre Institute
- Member Board of Governors, Shaukat Khanum Memorial Trust
Career
Mr. Adnan Afridi has over 30 years’ international experience in Change Management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and high growth situations. He has led a distinguished career in financial services and capital markets including serving as, Chairman and Managing Director of National Investment Trust Limited, Managing Director of the Karachi Stock Exchange, CEO, Overseas Chamber of Commerce and Industry (OICCI), CEO Tethyan Copper Company, Chairman of National Clearing Corporation of Pakistan (NCCPL) and Board of Directors of Central Depository Company (CDC). Mr. Afridi was also nominated by the Government of Pakistan as private sector nominee to the SECP Policy Board for a 4-year term that concluded in November 2022.
Mr. Afridi has a degree in Economics (A.B, Magna Cum Laude, 1992) from Harvard University and a degree in Corporate Law (JD, Magna Cum Laude in 1995) from Harvard Law School.
Mr. Afridi is an active supporter of charitable organizations. He has served as the President of the Old Grammarians Society & Trust and is currently Chairman of the Board of Governors of the Kidney Center and a member of the Board of Governors of Shaukat Khanum Memorial Trust. He is also a Member of YPO Pakistan since 2008 and currently serving on the board of YPO- Gold Pakistan.
He has served as Independent Director on the Company’s Board from June 2020 to April 2023.
He is a certified Director of Corporate Governance from Pakistan Institute of Corporate Governance (PICG).
Ms. Fehmina Khan
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026.
Outside Interests
- Director, Daewoo Pakistan Express Bus Service Ltd
Career
Ms Fehmina Khan is currently a director and board member of Pakistan Furniture Council (PFC) which is a non‐profit organization aimed at improving furniture manufacturing and exports. She is also Creative Director of all PFC ventures.
Ms. Khan founded Tina Khan Interiors (TKID) in 2007 and has a prestigious client base including interior advise for President’s Office of Pakistan, Foreign Office Islamabad, as well as various private residences in Pakistan, United Kingdom, and Dubai.
Ms. Khan holds a degree in Business Management from King’s College London, has read art history at the Corcoran Museum Institute in Washington D.C, followed by a professional diploma in interior design from KLC at Chelsea Harbour Design Centre, London UK.
Mr. Muhammad Zahoor Ilahee Cheema
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026.
Board and Committee Activities
Member, Audit Committee
Member, HR & Remuneration Committee
Outside Interests
- Managing Director, International Petrochemicals (Pvt) Limited
- Managing Director, PACHEM Global (Pvt) Limited
Career
Mr. Zahoor Ilahee Cheema has been an integral part of International Petrochemicals (IPC) since 1995. With a deep understanding of operations, marketing, finance, and corporate strategy, he quickly established himself as a key leader within the organization.
As Managing Director, Mr. Cheema leverages his extensive experience and strategic vision to position IPC as a global leader in the petrochemical industry. Under his leadership, the company has expanded its footprint, strengthened its market presence, and consistently delivered value to stakeholders.
Mr. Cheema’s dedication and expertise continue to drive IPC’s growth, innovation, and commitment to excellence in the international petrochemical sector.
Mr. Faisal Ahmed Siddiqui
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026
Board and Committee Activities
Member, Shares Sub Committee
Outside Interests
- Director, Daewoo Pakistan Express Bus Service Ltd
- Director, North South Travel (Pvt) Ltd
- Director, Sammi Mart (Pvt) Ltd
- Director, Daewoo Cab (Pvt) Ltd
- Director, Daewoo Real Estate Holding Company (Pvt) Ltd
- Director, Daewoo Adda (Pvt) Ltd
- Director, Daewoo Karachi City Bus Service(Pvt) Ltd
- Director, Freightix Technologies (Pvt) Ltd
- Director, East West Transport (Pvt) Ltd
- Director, Liberty Daharki Power Ltd
- Director, Liberty Oil and Gas (Pvt) Ltd
- Director, Urbaser Daewoo Sanitation Company (Pvt) Ltd
Career
Mr. Faisal Ahmed Siddiqui is the Executive Chairman of the Board of Directors of Daewoo Pakistan Express Bus Service Limited. Previously, as CEO of Daewoo Express, Mr. Siddiqui was responsible for leading and managing all business segments which include Express Bus Service (Intercity), Urban Transport Division (Intracity), Cargo and Waste Management.
Mr. Siddiqui is also Managing Director of AsiaPak Investments Limited where he oversees investments related to energy, mining and transport. He is a member of the Board of Directors of Liberty Daharki Power Limited and the Heavy Electrical Complex (HEC).
Mr Siddiqui started his career in the financial services industry in New York in 1997 and held various positions in investment banking and financial consulting.
He has a Masters in Business Administration from Columbia University. Prior to that he completed his undergraduate education with a dual degree in Finance, Accounting and Electrical Engineering from the University of Pennsylvania.
Mr. Shabbir Diwan
Tenure
Appointed to the Board on 23 June 2023 for the term to expire on 22 June 2026.
Outside Interests
- Chief Executive, Gatron (Industries) Limited
- Chief Executive, Gatro Power (Pvt) Ltd
- Director, Novatex Limited
- Director, Global Synthetics Limited
- Director, G-Pac Energy (Pvt) Ltd
- Director, Nova Frontiers Limited
- Director, Nova Care (Pvt) Ltd
- Chief Governor, Gatron Foundation
- Member, Board of Governors – Patients Aid Foundation
- Member, Board of Governors – Memon Health & Education Foundation
Career
Mr. Shabbir Diwan is an MBA from Institute of Business Administration, University of Karachi. He is a member of the Board of Governors of Patients Aid Foundation of JPMC, the 2nd largest Government Hospital in Karachi. He is also the Chairman of the Pakistan Business Council. In addition, he is a member of the Board of Governors of Memon Health and Education Foundation.
He is also an Executive Director of Novatex Limited – producer and exporter of PET Resin, PET Preforms, and BOPET Films.
Mr. Osman Asghar Khan
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026
Board and Committee Activities
Chairman, Audit Committee
Outside interests
- MD & GM Pakistan, Afiniti Software Solution Pvt Ltd
- Director, Bank of Khyber
- Director, Bahria Foundation
- Director, TPL REIT Management Company Ltd
Career
Currently Mr. Khan is serving as Managing Director & GM Pakistan of Afiniti Software Solutions Pvt Ltd, a leading Al unicorn and is also serving as the Honorary Consul of Ireland in Pakistan.
Mr. Khan has held various key positions in finance and operations both in local and foreign jurisdictions. He is currently serving on the Boards of a number of Companies namely Faysal Asset Management, Bahria Foundation, IBL Unisys, Pakistan Stock exchange/ commodities exchange/NCCPL, Pakistan Steel Mills limited, EMEA North and Eastern Europe where he served as CFO and Operations Director.
Mr. Osman Asghar Khan holds a bachelor’s degree from Brown University (USA) in Economics and IR and an MBA in Accounting and Finance from Boston University. He is a Certified Public Accountant (CPA) from (Massachusetts, USA) and a qualified Chartered Accountant from (Ontario, Canada) and Pakistan. He is a also a member of American Institute of Certified Public Accountants, Member of Canadian Institute of Chartered Accountants and Member of Institute of Chartered Accountants of Pakistan.
He is a certified Director of Corporate Governance from Pakistan Institute of Corporate Governance (PICG).
Mr. Shahid Ul Hassan Chattha
Tenure
Appointed to the Board on 12 November 2025 for the term to expire on 22 June 2026.
Board and Committee Activities
Chairman, HR & Remuneration Committee
Member, Audit Committee
Outside Interests
- None
Career
Mr. Shahid currently working as a visiting faculty at the Inland Revenue Services Academy (IRSA), FBR, Lahore, Pakistan. Prior to this, he has served as Commissioner, Inland Revenue, Federal Board of Revenue (FBR), Pakistan.
He holds an EMBA from Lahore University of Management Sciences (LUMS), Lahore.
Last Updated on February 16, 2026