Asad Umar resigned today as CEO of Engro Corp after 27 long years. Having set a precedent for other local companies to follow, Asad Umer has often been characterized as the leading figure behind Engro’s enormous success. Success which has now flowed through to international borders – marking the path for Pakistan’s first multinational enterprise.
Having graduated from one of Pakistan’s Premier Business school (IBA, Karachi) in 1984, he started his career with HSBC, and in 1985 joined Exxon Chemical Pakistan – which was later transformed into Engro Corporation limited. Having worked in almost all the divisions and business units of Engro, Asad eventually went on to become the President of Engro Polymer, and in 2004, became the CEO of Engro Corporation.
Highlighting early retirement to pursue “other interests”, there is major talk that Asad Umar has joined PTI as Vice President. Though this is debatable, there are reasons to…
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