Mian Iftikhar Ahmed
Mian Iftikhar Ahmed is the Chairman of the Board of Directors and former Chief Executive of the Company. He is not only the founder of the Company but also the founder of bias tyre industry of Pakistan. Under his leadership, the Company has pioneered many new products in the tyres industry. He is now the chairman of All Pakistan Tyres & Tubes Manufacturing Association (APTTMA).
He started his professional career in 1970 after completing his engineering degree from University of Idaho, USA. For his services, he was bestowed with a Gold Medal by Lahore Chamber of Commerce & Industries (LCCI) in 2007 for being the best businessman of the year. After 13 years of serving various multinational companies both in Pakistan and abroad, he laid the foundation of “Mian Tyre & Rubber Company (Pvt.) Limited” in 1983, currently known as “Panther Tyres Limited”.
Mian Iftikhar Ahmed has been the driving force behind the Company’s success. Through his visionary thinking coupled with hard work and commitment, he transformed the Company from a humble beginning to one of the leading tyre & tube manufacturing company of Pakistan. Over the period, he has demonstrated his skills as a strategic thinker with strong entrepreneurial ability and managed to lead the organization successfully.
Mian Faisal Iftikhar
Mian Faisal Iftikhar is an Executive Director and heading the Company as a Chief Executive Officer. He joined the Company in 1999 after completing his Master degree in Business Administration from Wichita State University, Kansas, USA. Mr. Faisal carries with him rich experience of twenty years relating to tyre and tube industry and has a strong understanding of the critical business drivers of the trade.
During his professional career, he remained involved in the production operations of the Company and has been successful in aligning the operations with the business strategy of the Company, i.e. to produce best quality products at optimal cost structure. He achieved this by inculcating the latest technical knowledge in the work force also by regularly bringing in the new technology along with state of the art plant & machinery.
He has played a pivotal role in the expansion of the Company in the last decade. During his experience, he also headed the Commercial department of the Company.
Zahid Mehmud
A chemical engineer by profession, Mr. Zahid Mahmud is a qualified tyre & rubber technologist. With an enriched experience of more than 37 years, he is an Executive Director in Panther Tyres Limited. Right from the beginning of his professional career, Mr. Zahid has been associated with the tyre & tube manufacturing industry of Pakistan. Before joining Panther Tyres in 2007, he was working as General Manager, Production, in Atlas Tyres (Pvt.) Ltd.
Mr. Zahid has an illustrious experience of production and plant management. Under his capable supervision, Tyre Building Machine & Bago-o-matic presses were completely fabricated & reconditioned for the first time ever in the history of Pakistan, thus, giving rise to a completely new trend in the local industry.
During his career, Mr. Zahid Mahmud attended various training programs & courses from local & international platforms including training on Tyre & Rubber Technology at Sava Continental (formerly Yugoslavia), training on Tyre Processing conducted by Bridgestone Engineers under three month contract, Refresher Course in Tyre Process Control from India and Statistical Quality Control conducted by Pakistan Institute of Quality Control.
Ayesha Iftikhar
Ms. Ayesha Iftikhar is an accomplished professional with a proven track record in the field of
entrepreneurship and marketing. Her vast experience and exposure to diverse cultures and industries
will contribute significantly to her success as Director at Panther Tyres Limited.
After completing her education, she was involved in multiple successful entrepreneurial ventures while
living in the UK. Her passion for marketing led her to pursue a degree in this field from the prestigious
Harvard School, which further polished her skills and expertise. Her vast experience in Business
Administration and Marketing has given her a unique perspective and insight into the market dynamics.
In 2022 she joined Panther Tyres Limited as a senior executive, bringing with her a wealth of knowledge
and experience in marketing. Her exceptional leadership skills and strategic vision have already shown
impressive results in building our brand equity in the market. She is constantly striving to enhance
PTL’s performance and ensure that it remains ahead of our competitors. Her vision is to take Panther
Tyres Limited to a leading global brand by focusing on quality, innovation, and customer satisfaction.
With her strong leadership skills and strategic thinking, Ms. Ayesha Iftikhar is leading the marketing
team at Panther Tyres to new heights. Her passion, dedication, and commitment to excellence have
been instrumental in driving the company growth and success. With her guidance, we are confident
that Panther Tyres will continue to achieve new milestones.
Javed Masud
Mr. Javed is the independent director of the Company. He started his professional career after graduating in Economics from Boston University, USA. He was the founding Chief Executive of Pakistan Credit Rating Agency Limited (PACRA), the first organization of its kind in the country. Under his capable stewardship, PACRA established itself as a globally recognized credit rating agency. For his distinguished services in setting up the first credit rating mechanism in Pakistan and establishing the credibility of credit rating in the country, the Government of Pakistan conferred Mr. Javed with the Sitara-e-Imtiaz, the country’s third highest honour and civilian award in 2009.
Serving as a civil servant for 25 years he was placed on mid level management in various federal ministries, including Ministry of Planning, Finance and Production. He was placed as a member of Securities & Exchange Commission of Pakistan (formerly Corporate Law Authority) and also served on the Board of several reputed organizations including Lahore Stock Exchange, Pakistan Petroleum Limited, Lahore Transport Company and IGI Finex Securities Limited. He has deep insight of global business & investments environment, and also has several national and international publications to his credit in this regard.
Besides, Mr. Masud was appointed as Pakistan’s Consul General in South Korea and served on deputation as Senior Executive Vice President and Regional Head of Bankers Equity Limited, Lahore. Moreover, he has also worked as a consultant to International Finance Corporation (IFC), the World Bank and other international agencies and performed various assignments in different countries of Asia, Africa and Eastern Europe.
Asad Sultan Chaudhary
Mr. Asad Sultan Chaudhary is associated with the Company as an independent director. He holds an MBA degree from the Institute of Business Administration, Karachi, with a major in Marketing.
He has over 39 years of work experience in Marketing Management, Strategy, Business Development and Planning which includes 35 years with the Fertilizer Industry of Pakistan, including Engro Fertilizers Ltd. and Fauji Fertilizer Company Limited (FFC).
During his tenure at FFC, he headed all the major operations i.e. Sales, Marketing, Distribution/logistics, Imports/Exports, Advertising & Sales promotion and retired as Group General Manager Marketing.
Mr. Asad has the privilege to represent his Company at the highest levels in the Government of Pakistan, the provincial Governments, and at international Fertilizer conferences in numerous countries abroad.
He has completed numerous advanced management programs at renowned institutions including Wharton, Aresty Institute of Executive Education, University of Pennsylvania USA, Ross Business School, University of Michigan USA, International Fertilizer Development Center, Alabama USA, Mt. Eliza Executive Education, Melbourne Business School, Australia and Australian Graduate School of Management Executive Programs, University of New South Wales, Australia.
Iqbal Ahmad Khan
Mr. Iqbal Ahmad Khan, a career diplomat, is associated with the Company as an Independent Director. He joined Foreign Service in 1971 and served there for 35 years in various capacities, in Pakistan’s diplomatic missions abroad, also at the Foreign Office in Islamabad. He was appointed as High Commissioner of Pakistan to Bangladesh, non- resident Ambassador to Bhutan, Ambassador to Iran, Permanent Representative to the ECO, Consul General in New York and Director General at the Foreign Office in charge of South Asia and America during this tenure.
Mr. Khan’s diversified experience in political, economic & commercial aspects of both international as well as local markets makes him a luminous star in the galaxy of highly intellectual individuals.
Currently, Ambassador Khan is an adjunct professor at the Lahore University of Management Sciences (LUMS), where he teaches international affairs. He occasionally writes for newspapers and magazines on foreign policy and national security issues. He also lectures at different institutions including the National Management College, formerly the Pakistan Administrative Staff College, and the National Institute for Public Administration.
Ghulam Abbas
He is largely credited for his immaculate work for preparing and successfully completing the IPO of the Company despite the Pandemic related challenges. With the completion of the Company’s IPO, he has emerged as possibly the only CFO in the domestic industry, who has overseen the IPO pathway of three listed companies. Prior to the listing of Panther Tyres, he had the honor of leading the IPO preparations for D.S. Industries Limited and Pervez Ahmed Securities Limited.
He is an immensely experienced finance professional with a pre-dominant career in the domestic manufacturing industry of Pakistan. He has more than 15 years of diversified experience in Corporate Finance, Investment Advisory, Management Accounting, Taxation and ERP/SAP systems. As the CFO of the Company, he performs myriad functions from strategy planning, implementing, managing and controlling all financial-related activities of the business, including financial structuring, budget forecasting and spending controls.
He holds Masters’ Degree in Economics from the University of the Punjab, and is a fellow member of both the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost & Management Accountants of Pakistan. He is also a graduate of the Management Development Program of Lahore University of Management Sciences (LUMS). He is an Elected Member of LBC ICMA Pakistan, besides being the Area Director of the CA Toastmaster’s Club (D122TC of the Toastmaster’s International, USA).
Mohsin Muzaffar Butt
As the Corporate Secretary, he is regarded for spearheading the introduction of efficient corporate administration environmrent in the Company. After the initial public offering of the Company, he successfully created a culture of statutory and regulatory compliance in the organization. Being the CS, he is responsible for high level responsibilities including governance structures/mechanisms, corporate conduct/planning, investors’ relations and strategic communication on behalf of the Company.
He specializes in corporate practices, management costing, internal auditing and finance in SAP environment. Besides this, he is equally well versed with risk management, controls and fraud detection aspects of the Internal Audit profession.
He started his career in the Internal Audit function of a local company in Pakistan, and later went on to serve as a financial controller and Group Internal Auditor in large local and multi-national corporates in diverse economies of the world like UAE, Iraq and Canada.
He is a Fellow Chartered Accountant of ICAP Pakistan besides being a Certified Internal Auditor from IIA, USA. He has also attended the Directors Training Program at Lahore University of Management Sciences, Pakistan.
Muhammad Riaz
He is a seasoned professional having a rich experience of more than two decades relating to production, plant and technology. He has been associated with Panther Tyres since 2003 and has performed at various positions in planning, production, operations and project management departments.
He is duly acknowledged for helping the management in the materialization of the Company’s dream of developing and offering the most diversified product portfolio in Pakistan. He is known as a frontrunner in the introduction of new technologies in the Company and also regularly adding new products in the business line.
He is also a quality savvy person and has inculcated this philosophy throughout the plant operations of the Company, where he also introduced some of the best manufacturing practices thereby helping the Company to achieve ISO certifications for eight years in a row. Under his able leadership, the Company also managed to get EU e-mark certification, which has certified the Company’s products for export to the European countries.
He is an engineer by profession, with specialization in Tyre and Rubber Technology. He is also an alumini of Lahore University of Management Sciences from where he completed the Management Development Program. He has also successfully completed various trainings/workshops from many local and foreign training establishments.
Muhammad Riaz
General Manager Operations
He is a seasoned professional having a rich experience of more than two decades relating to production, plant and technology. He has been associated with Panther Tyres since 2003 and has performed at various positions in planning, production, operations and project management departments.
He is duly acknowledged for helping the management in the materialization of the Company’s dream of developing and offering the most diversified product portfolio in Pakistan. He is known as a frontrunner in the introduction of new technologies in the Company and also regularly adding new products in the business line. He is also a quality savvy person and has inculcated this philosophy throughout the plant operations of the Company, where he also introduced some of the best manufacturing practices thereby helping the Company to achieve ISO certifications for eight years in a row. Under his able leadership, the Company also managed to get EU e-mark certification, which has certified the Company’s products for export to the European countries.
He is an engineer by profession, with specialization in Tyre and Rubber Technology. He is also an alumini of Lahore University of Management Sciences from where he completed the Management Development Program. He has also successfully completed various trainings/workshops from many local and foreign training establishments.
