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Board of Directors

The Board comprises 7 [seven] directors. In terms of strict independence 5 [five] out of 7 [seven] directors are fully independent.To ensure that the Board is independent and fully informed about corporate strategy and risks, Avanceon has adopted corporate governance policy in November 2012.

Khalid H. Wain – Chairman of the Board

Khalid brings over 38 years of international expertise in electrical engineering, cost engineering, project management and business strategy to the Avanceon Board of Directors. Khalid advises on international business and technology.

Naveed Ali Baig  – Director

Naveed brings over 29 years of international business acumen to the Avanceon Board of Directors. He is currently spearheading the success of Innovative Pvt through sound employee-centric management, as Chief Executive Officer. Prior, he worked for multi-nationals including Gallup International and Ferguson Associates. Navid advises on leadership and operations.

Tajammal Hussain – Director

Tajammal brings over 25 years of international accounting and finance acumen to the Avanceon Board of Directors. Chartered Accountant at Fakharuddin Yousafali & Co since 1989, he oversees and maintains high quality outsourcing, financial and accounting services to a wide variety of global and local commercial entreprises. Tajammal advises Avanceon Board of Directors on risk management and financial strategy.

Umar Ahsan Khan – Director

Umar brings over 25 years of strategic accounting, finance and business management experience to the Avanceon Board of Directors. He currently holds the position of Chief Operating Officer at Thal Engineering, the leading auto parts manufacturing company in Pakistan. Umar advises Avanceon Board of Directors on strategy and hands on perspective of business and financial management.

Amir W. Wain – Director

Amir brings over 25 years of strategic planning & international business development experience to the board. Amir is the founder and CEO of i2c Inc, a global provider of payment processing and emerging commerce solutions serving consumers in all 24 time zones. Amir leads a team of over 400 professional and is responsible for defining i2c’s vision and strategic direction.

Tanveer Karamat – Director and Chief Operating Officer

Tanveer brings over 28 years of international business experience to Avanceon in automation solutions for the Oil & Gas and Power sector. Prior joining Avanceon in 2003, he spearheaded business at Wartsila NSD and Honeywell as country head. He currently holds the position of COO at Avanceon since 2011.

Bakhtiar H. Wain – Director and Chief Executive Officer

Bakhtiar brings over 28 years of exemplary leadership. An engineer with experience in leading global companies including: Exxon Chemicals, Fauji Fertilizer and ICI Ltd, he founded Avanceon in 1984 and holds the position of Chief Executive Officer Today.

Directors

The Board of Directors at Avanceon monitors how management serves the interests of the shareholders and other stakeholders.

Shareholding Patterns

Shareholding Patterns -2016



Shareholding Patterns -2015

Shareholding Patterns -2014


Company Details

Item Details
Auditor of the Company Ernst & Young Ford Rhodes Chartered Accountants.
legal Advisor of the Company Chima & Ibrahim advocates and Corporate Council

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