Engro Energy gets new CEO

KARACHI: Engro Corporation on Thursday announced appointment of Ahsan Zafar Syed as the chief executive officer of its subsidiary Engro Energy Limited.

Zafar is widely regarded as a seasoned industry leader. He has served as the senior vice president in Engro Corporation and director on the boards of Tenaga Generasi Limited, Thar Foundation and Engro Powergen Thar Private Limited – which is a testament to his proven leadership capability and industry acumen.

Zafar has a combined professional experience of more than 28 years with expertise in project management, design, construction and execution of large mega scale projects.

He started his professional career with Engro in 1991 and has had an illustrious

career spanning multiple industries within the Engro world.

“Known for his attention to detail, business insights and strong analytical ability, Ahsan has been an integral to the collective growth story of Engro,” the company said in a statement.

He was part of the lead team that executed the $1.1 billion EnVen Project, constructing the world’s largest single-train urea plant, for Engro Fertilizers Limited in 2010.

Later on, Zafar moved to work on the group’s alternate energy division during the time when Engro was still gaining its ground in the energy space.

Zafar has been part of the core team responsible for executing the strategic Thar coal project, which is of national importance and part of the early harvest projects under the China-Pakistan Economic Corridor framework, owing to his industrial and commercial knowledge since 2014.

“Under his guidance and through his proven track record of corporate successes, he is well-suited to lead the safe and successful completion of the Thar coal projects, which are slated to be commissioned in June 2019,” the company added.

Zafar, as the CEO, will be responsible for charting out the growth outlook of the energy division of the group by exploring new avenues in the country.