GROUP MEMBERS

Waleed TahirZeeshan ShehzadMuhammad Karim Jaweria KashifRabia Riaz

PRESENTATION SUBMITTED TO

Sir Eshfaq Ahmed

“The leadership challenge is simple.it is to maximize the probability for each member of the organization… getting as close to their ultimate potential as possible”

Asad Umer remained CEO and President of Engro corporationfrom 2004 to 2012

Former Engro CEO Asad Umar is a revered figure in the corporate world. At just 50 years of age, he has achieved more than what many achieve in a lifetime. Having served as the youngest CEO and President of Engro Corporation for eight years during his 27 year career with the company

He has remained a member of the following boards

MR. UMAR HAS PREVIOUSLY SERVED AS DIRECTOR OF

Oil & Gas Development Company Ltd.Karachi Stock Exchange, Pakistan State Oil and Port Qasim Authority. He also served as Chair of Young Presidents’ Organization,

EARLY LIFE :

Asad Umar was born at Rawalpindi on 25th March 1961 His father was an Army Officer Asad Umar has five brothers and one sister Asad Umar is the youngest of all his siblings  Childhood Dream JOB :While growing up, he wanted to be a GD pilot. In fact, the F104 Starfighter was the first love of his life.

EARLY EDUCATION :He completed primary and secondary studies from C.B School now it is (F.G Sir Syed School Mall Rd. Rawalpindi Cantt)

After Retirement of his Father his family moved to KarachiAsad Umar Compeleted his Bachelor in Commerce from Government College, Karachi in 1982 He was an average student throughout his academic career but performed well in University

Studies at IBA Karachi :

He graduated as an MBA from the Institute of Business Administration (IBA) Karachi in n 1984 with the highest GPA in the class.

· HE MET HIS WIFE AT IBA (SAME BATCH) BUT SHE GRADUATED IN 86'· CAPTAINED THE IBA CRICKET TEAM.· STOOD FOR BASC ELECTIONS FOR OFFICE BEARERS (GENERAL SECRETARY) BUT LOST.

He met his wife at IBA (same batch) but she graduated in 86'· Captained the IBA cricket team.· Stood for BASC elections for Office Bearers (General Secretary) but lost.

Memories associated with IBA

SOURCE OF INSPIRATION :Inspiration has always come from the poetry of Iqbal and from reading books dealing with literature, history, sports and wars etc. My father, who was a student assistant of Quaid-e-Azam, has also been a great source of inspiration.

FAMILY :Asad Umar is a family man.He got married in 1988 and has two kids both of them are currently studying in United Kingdom.He always loves to spend quality time with his family.He also gives the credit of his better professional life to his wife and always listens to the advices and suggestions of her.

ZEESHAN SHEZAD

He was also the 1st President of Engro Polymer and Chemical Ltd. 1997

Mr.Umer started his career from

HsBC in Pakistan and joined

Exxon chemicals Pakistan Ltd in 1985

He has also worked with Exxon

chemicals in Canada as assistant .

HE STARTED HIS CAREER WITH HSBC, PAKISTAN 1984 AS CHIEF ACCOUNTANT. HE WORKED THERE FOR SIX MONTHS.

Job at HSBC

Job at Exxon Chemical (NOW ENGRO CORPORATION

Exxon Chemical Pakistan Limited in 1985, which is now Engro Corporation Limited.

Two Year Stint in Canada (North America )

He went to Canada in 1989 on two year contract with Exxon Mobile.

Engro Polymer 1997

Asad umar leads the feasibility studies of Engro Polymer and started the business and became its first CEO.

•During his years of Engro Mr.umer has worked in all major divisions.

=)Finance=)Manufacturing=)New ventures=)marketing.

Engro corporation 2004

Asad Umar became CEO and President of Engro Corporation and took it to the new Horizons which one could not even imagine.

Departure from Engro

For someone who became CEO at 42 and increased the company’s revenues from Rs13 billion to Rs114 billion in about seven years, the decision to retire at 50 did not take many people by surprise.

“I always had this number in my mind. I knew I’d retire around 48, 50 or 52,”

Achievements Successful diversification of Engro

corporation . Engro Foods as the highest earning

SBU so far. Most successful CEO of Engro

corporation. He takes Engro to the top five preferred

Employers of Pakistan.

Achievements con’t… Umar has not only provided leadership

in the organization at various levels, but has also been an active contributor on various boards both inside and outside Engro.

he has dramatically transformed a chemical company into a major Pakistani conglomerate.

Achievements con’t…

under his leadership, Engro’s revenues had grown from just Rs13 billion in 2004 to Rs114 billion in 2011, growing at an annualised rate of nearly 36.4%. (Inflation during that time averaged 12.6% per year.)

Umar took Engro from being a local player to a globally competitive one, leading the firm into the $1.1 billion project that set up the world’s largest single-train urea manufacturing plant in Pakistan.

Achievements con’t… He was awarded the Sitara-i-Imtiaz in

2010. I am not much of a believer of individual

achievements. I’ve always been a part of a team. So, whatever I’ve achieved so far, the credit goes to my team.

Rabia Riaz

Corporate Pakistan lost one of its most admired CEOs 

History of Engro corporation

In 1957, the search for oil by Pak Stanvac, an Esso/Mobil joint venture led to the discovery of the Mari Gas field near Daharki – a small, remote area in Upper Sindh province at the time. Esso proposed the establishment of a urea plant in that area which led to a fertilizer plant agreement signed in 1964. In the subsequent year, Esso Pakistan Fertilizer Company Limited was incorporated, with 75% of the shares owned by Esso and 25% by the general public.

From Esso to Exxon

As part of an international name change program, Esso became Exxon in 1978 and the Company was renamed Exxon Chemical Pakistan Limited.

Exxon to Engro Chemical Pakistan Ltd.

1991 Exxon Chemical Pakistan Ltd became Engro Chemical Pakistan Limited.

Engro Chemical Pakistan Ltd to Engro Corporation Ltd

1997 Engro Chemical Pakistan Ltd become Engro Corporation Ltd.

Engro Corporation Ltd SBU Engro Fertilizers Limited

Engro Foods Limited Engro Polymer & Chemicals Limited Engro Powergen Limited Engro EXIMP Private Limited Engro Vopak Terminal Limited Elengy Terminal Pakistan Limited

Engro Fertilizers Limited

a wholly owned Engro subsidiary, is a premier fertilizer manufacturing and marketing company with products that focus on balanced crop nutrition and increased yield. The company markets primary and secondary fertilizers like Engro Urea, Engro DAP, Engro Zorawar, Engro Zarkhez and Zingro

Engro Foods Limited was officially launched as a fully owned

subsidiary of Engro in 2004. Using dairy as a stepping stone to enter into the food business, the Company has established state-of-the-art processing units in Sukkur and Sahiwal, along with an ice cream production facility in Sahiwal.

Engro Food cont…. Olpers Olpers cream Tarang Dobala Olfrute Dairy Omang Tarka Omore Lassi

Engro Food cont…

With an acquisition of Al Safa – a fast growing and established Halal meat brand – Engro Foods is now venturing into North American market starting from Halal Foods category. The new organization, Engro Foods Canada Ltd. with a subsidiary

Jaweria Kashif

Engro Polymer & Chemicals Limited an Engro subsidiary, is Pakistan’s

leading manufacturer and marketer of PVC (polyvinyl chloride) resin, with an annual PVC production of 150,000 tons. The Company markets its products under the brand name of SABZ. Following recent expansion, the Company now has an integrated facility with the capability to manufacture EDC, VCM, Chlorine and Caustic soda.

Engro Powergen

was incorporated in 2008, as a fully owned subsidiary, to develop power projects in Pakistan so as to help reduce the power shortage in the country and earn a competitive return for shareholders.

Engro EXIMP Private Limited

established in 2003, is a wholly owned subsidiary of Engro Corporation Limited. The company trades in Fertilizers, Agricultural Commodities and Coal. 

Elengy Terminal Pakistan Limited a wholly owned subsidiary of Engro

Corporation Limited, is the Corporation’s newest initiative is aimed at establishing an open access, merchant floating storage re-gasification terminal with a storage capacity of 3.5mtpa under the LNG Policy 2011. Through the establishment of the terminal, the Company will market its capacity to LNG Buyers for storage and regasification of LNG purchased.

Engro CSR Educational programs Kacha school in GOTKHI Training and Resource centre Sahara welfare society Health program Free snake bite treatment Dialysis centers at Daharki and Mirpur

Mathelo Eye care center at Daharki

values

Health Safety & Environment Ethics and Integrity People Innovation & Risk Taking Community & Society

Failures

In 1997 Asad Umar lead the feasibility studies and took the initiative of Engro Polymer. He became the first CEO of Engro polymer but it could not prosper and went into loss.

Failures cont…..

During the tenure of Asad Umar there is a Urea scandal that Fauji Fertilizer and Engro Fertilizer was fined Rs 5.5 Billion and 3.14 Billion respectively by CCP.They increased the price of Urea bag from Rs 850 to Rs1580 in 2010.It was also said that this increase cause artificial inflation of Food products.

Waleed Tahir

The New Reality of Leadership

NEW Paradigm Change/crisis mgt. Empowerment Collaboration Diversity Higher ethical purpose Humble

Types of Leaders Leader by the position

achieved Leader by personality,

charisma Leader by moral example Intellectual leader Leader because of ability to

accomplish things

Leadership Qualities Humble Visionary Initiative Risk taker Ethical Socially Responsible Intelligent Diversification Innovative

Leadership Qualities Honest Delegative Listener Confident Optimist Team Leader Empowerment Patriotic

Leadership Continuum

Leadership Grid figure

Transformational Leadership

Leadership characterized by the ability to bring about significant change in followers and the organization

Path Goal Theory Path Goal theory is about how leaders

motivate subordinates to accomplish designated goals

The stated goal of leadership is to enhance employee performance and employee satisfaction by focusing on employee motivation

Emphasizes the relationship between the leader’s style and characteristics of the subordinates and the work setting

The leader must use a style that best meets the subordinates motivational needs

Path Goal Theory

Leadership Styles

Servant Leadership

Servant leadership is a philosophy and set of practices that enriches the lives of individuals, builds better organizations and ultimately creates a more just and caring world.

Characteristics of Servant Leadership 1. Values diverse opinions.

2. Develops other leaders.

3. Helps people with life issues (not just work issues).

4. Encourages.

5. Thinks “you,” not “me.”

Continued

Listening Empathy Foresight Commitment to the growth of

people Share Leadership Value people

LIVE YOUR LIFE TO THE FULLEST, BELIEVE IN YOURSELF AND IN YOUR COUNTRY.  

“Live your life to the fullest, believe in yourself and in your country”  

MESSAGE TO NDU STUDENTS

THANK YOU