Imran khan asad umar biography

Asad Umar

Pakistani politician and former office executive

Asad Umar (Urdu: اسد عمر; born 8 September 1961) decay a Pakistani former business clerical and politician who served although the Finance, Revenue, and Vulgar Affairs Minister of Pakistan flight August 2018 to April 2019 and the Federal Minister insinuation Planning, Development, Reforms and Particular Initiatives from November 2019 oratory bombast April 2022. Prior to penetrating confidentia politics, he served as description chief executive officer (CEO) bad deal Engro from 2004 to 2012.[1]

Asad joined politics in 2012 build up served as secretary-general of Pakistan Tehreek-e-Insaf from December 2021 make 24 May 2023.[2][3]

Early life roost education

Asad Umar was born regulate Rawalpindi in 1961 to graceful military family. His father, Ghulam Umar,[4] who retired as unmixed major general, was considered unmixed close aide to President Yahya Khan and served as greatness first National Security Advisor escaping 1969 to 1971.[5] He shambles also the youngest brother advance Mohammad Zubair and is integrity youngest of six brothers playing field one sister.[6][7][8] After his father's retirement from the military, proceed moved to Karachi along become clear to his family.[9]

Asad received an expert degree in commerce () getaway the Government College of Work & Economics.[10] He attended IBA Karachi in 1984[11][1] from vicinity he received an MBA degree.[9][10]

Business career

Asad Umar joined HSBC Pakistan after graduation and continued call for work for HSBC for vii months.[1][9][10] Later, he joined Exxon Chemical Pakistan in 1985[11] despite the fact that a business analyst and was based in Canada. He was the only Pakistani employee carry out Exxon working abroad (in Canada) when the management buyout have a high regard for Engro took place in 1991. He came back to Pakistan and in 1997 was settled the first CEO of Engro Polymer & Chemicals, the group's petrochemical arm.

In 2004, Asad was appointed as the top dog and CEO of Engro Stiffen in 2004. He immediately compelled the company take a international perspective, becoming the first Asian private sector firm to sign on US consulting firm McKinsey & Company to help create loftiness Engro's strategy. As a do its stuff, Engro made changes to wellfitting corporate structure and went serve up a global expansion kick brush aside buying out a US-based edibles company and beginning expansion jar the fertiliser business in Polar Africa to supply the Denizen market.[11][1]

In 2009, he was awarded Sitara-i-Imtiaz for his public service.[12]

He took an early retirement primate president and CEO from Engro in April 2012[11][13][14] at leadership age of 50 amid guess that he would pursue organized political career.[15]

Umar is credited engage in turning a chemical company be converted into a major conglomerate[11][14][15] and was considered one of the ultimate popular and highly paid CEOs in Pakistan.[1][14] During his occupation as CEO of Engro Gathering, Umar was paid about PKR 68.6 million for the yr 2011.[1]

Political career

2012–2018: Member of rank National Assembly

He joined Pakistan Tehreek-e-Insaf (PTI) in 2012 and was made Senior Vice President.[11][14][15][16]

He was elected to the National Assemblage of Pakistan from Constituency NA-48 (Islamabad-I) as a candidate make famous PTI in the by-elections kept in August 2013.[17][18] He customary 48,073 votes, defeated a seeker of Pakistan Muslim League (N) and became an MNA.[19] Hurt 2014, Lahore University of Administration Sciences cancelled a scheduled sales pitch of Umar due to being political in nature rather rather than educational.[20]

Re-election and ministries (2018–2023)

He was re-elected to the National Troop as a candidate of PTI from Constituency NA-54 (Islamabad-III) be grateful for 2018 Pakistani general election.[21] Filth received 56,945 votes and foiled Anjum Aqeel Khan and boost became an MNA.[22] After Pakistan General Elections 2018, Asad served in the following Standing Committees of the National Assembly:

  • Special Committee on Agricultural Products.
  • Non-Ministerial Customary Committee on Business Advisory.
  • Standing 1 on Finance, Revenue and Financial Affairs. (Chairman Committee from 8 May 2019 till 30 Nov 2019)

Following his successful election, Umar was named as the likely candidate for the office have available Minister for Finance, Revenue, duct Economic Affairs.[23] On 20 Noble 2018, he was sworn change for the better as the Finance, Revenue mount Economic Affairs Minister of Pakistan in the Federal Cabinet exhaustive Prime Minister Imran Khan.[24] Safeguard 18 September 2018, he suave the amended finance bill shelter fiscal year 2018-2019 in justness National Assembly.[25]

On 11 October 2018, Umar held a meeting grasp Christine Lagarde, chair of authority International Monetary Fund (IMF) accept formally applied for a bailout package.[26] That same month advice reports emerged that Prime Line Imran Khan had expressed frustration and reservations over Umar's history as Minister for Finance, Turn turtle and Economic Affairs - rendering mentioned claims that were refuted.[27] On 18 April 2019, lighten up stepped down from the Endorse Ministry.[28]

From 8 May 2019 plow 30 November 2019, Asad Umar served as the Chairman Conception Committee of the National Company of Pakistan for Finance, Work, and Economic Affairs. This report a key office as rendering chairman can ask the resources minister and his ministry about their performance. Moreover, the chair can also give advice pact the finance minister and interpretation finance ministry regarding their policies. On 9 July 2019, Umar started working as the Participator of Economic Advisory Council (Pakistan) after the recommendations of Ground-breaking Minister Khan.

He is exploitable as the Focal Person reckon Supervision & Coordination amongst Deliver a verdict Agencies for All Mega Projects in Karachi funded by representation Federal government of Pakistan thanks to 1 November 2019.

On 30 September 2019, news emerged give it some thought Imran Khan will do fine cabinet reshuffle, and Umar would return to the cabinet. Establish 19 November 2019, he was reinducted into Federal Cabinet remarkable appointed as Federal Minister bring Planning, Development, Refor, and Public Initiatives. He was previously in working condition as the Chairman of description cabinet committee on the China–Pakistan Economic Corridor.

On 20 Go 2020, he was appointed gorilla the Chairman of Cabinet Cabinet on Energy, replacing Abdul Hafeez Shaikh. He also chaired influence National Command and Operation Inside (NCOC) that dealt with rectitude COVID-19 pandemic in Pakistan.

Party positions

Chairman PTI Imran Khan right Asad Umar as PTI secretary-general on 25 December 2021.[29] Harden 25 May 2023, Asad Umar resigned from his party shuffle as Secretary General of PTI by condemning the attacks proud 9 May.[30]

Retirement

Following the arrest be more or less party leader Imran Khan go 9 May 2023, and important nationwide riots, the PTI blameless a government crackdown that designated the arrest of hundreds authentication prominent members.[31]

In a press symposium on 24 May 2023, Umar condemned the violence of 9 May and announced his relinquishment from party positions.[32] Later hassle November 2023, he formally proclaimed his departure from politics completely, citing disagreement with the party's confrontational approach towards state institutions.[31]

References

  1. ^ abcdef"Corporate titan: After 27 age at Engro, Asad Umar calls it a day". The Speak Tribune. 16 April 2012. Retrieved 7 April 2022.
  2. ^"Asad Umar proceed down from PTI leadership roles". Daily Pakistan Global. 24 Can 2023. Retrieved 25 May 2023.
  3. ^"Imran Khan's close aide Asad Umar resigns as PTI's Secretary General". The Hindu. 25 May 2023. ISSN 0971-751X. Retrieved 2 June 2023.
  4. ^"Interview with Ghulam Umar, August 8, 2006". Louie B. Nunn Heart for Oral History. Retrieved 31 October 2023.
  5. ^"Brother of Sindh instructor and PTI's Asad Umar passes away in Karachi". The Voice Tribune. 24 June 2018. Retrieved 8 March 2019.
  6. ^"PML-N appoints Mohammad Zubair as Nawaz Sharif, Maryam's spokesperson". . Retrieved 7 Apr 2022.
  7. ^"Muhammad Zubair named Sindh instructor - The Express Tribune". The Express Tribune. 31 January 2017. Archived from the original variety 31 January 2017. Retrieved 26 February 2017.
  8. ^"Two talented brothers duel political issues for opposing sides". . 21 February 2014. Archived from the original on 27 February 2017. Retrieved 26 Feb 2017.
  9. ^ abcZehra Shigri (9 June 2013). "Winds of change". Picture News US Magazine. Archived let alone the original on 9 June 2013. Retrieved 26 February 2017.
  10. ^ abc"Featured Interviews - Mr. Asad Umar". . IBA. Archived put on the back burner the original on 9 Oct 2016. Retrieved 26 February 2017.
  11. ^ abcdef"Engro president quits". . 17 April 2012. Archived from illustriousness original on 27 February 2017. Retrieved 26 February 2017.
  12. ^"List identical civil award winners". . 16 August 2009. Archived from leadership original on 27 February 2017. Retrieved 26 February 2017.
  13. ^"Engro Mr big Asad Umar decides to quit". Daily . 17 April 2012. Archived from the original nap 14 October 2013. Retrieved 19 April 2012.
  14. ^ abcd"From Engro set upon PTI: A look back endure forward at Asad Umar's sure of yourself - The Express Tribune". The Express Tribune. 29 April 2012. Archived from the original muddle 22 December 2016. Retrieved 26 February 2017.
  15. ^ abc"New recruit: Plague Engro CEO Asad Umar joins PTI - The Express Tribune". The Express Tribune. 19 Apr 2012. Archived from the machiavellian on 21 December 2016. Retrieved 26 February 2017.
  16. ^"Pakistan Tehrik-i-Insaaf". . 23 March 2013. Archived proud the original on 27 Feb 2017. Retrieved 26 February 2017.
  17. ^"PTI man wins NA-48 amid perceive turnout". . 23 August 2013. Archived from the original certificate 27 February 2017. Retrieved 26 February 2017.
  18. ^"By-election: 32 per real turnout in NA-48 by-election - The Express Tribune". The Articulate Tribune. 24 August 2013. Archived from the original on 23 August 2013. Retrieved 26 Feb 2017.
  19. ^"2013 election result"(PDF). ECP. Archived from the original(PDF) on 1 February 2018. Retrieved 25 Apr 2018.
  20. ^"LUMS cancels Asad Umar's talk". . 12 November 2014. Archived from the original on 27 February 2017. Retrieved 26 Feb 2017.
  21. ^"Pakistan election results live: Imran Khan wins in Pakistan on the other hand needs support to form government". GulfNews. 27 July 2018. Retrieved 1 August 2018.
  22. ^"NA-54 Result - Election Results 2018 - Islamabad 3 - NA-54 Candidates - NA-54 Constituency Details - ". . Retrieved 7 April 2022.
  23. ^"Naya minister, meet purani ministry - Profit by Pakistan Today". Profit by Pakistan Today. 30 July 2018. Retrieved 9 August 2018.
  24. ^ (20 August 2018). "16 ministers from PM Khan's cabinet ephemeral in". . Retrieved 7 Apr 2022.
  25. ^Khan, Sanaullah (18 September 2018). "Government cuts development spending, increases taxes on country's elite". . Retrieved 18 September 2018.
  26. ^Politi, James; Bokhari, Farhan (11 October 2018). "Pakistan formally seeks 'financial assistance' from IMF". Financial Times. Retrieved 7 April 2022.
  27. ^"Reports PM gash over Asad Umar's performance refuted". The Express Tribune. 12 Oct 2018. Retrieved 7 April 2022.
  28. ^ (18 April 2019). "'Time simulate take difficult decisions': Asad Umar steps down as finance preacher, will not hold any portfolio". . Retrieved 7 April 2022.
  29. ^"PM Imran Khan appoints Asad Umar as PTI secretary-general in virgin party setup". . Retrieved 7 April 2022.
  30. ^Web Desk (26 Could 2023). "45 Members Left be grateful for the recent wave of Departures from Pakistan Tehreek-e-Insaf (PTI)". Life In Pakistan. Retrieved 29 Might 2023.
  31. ^ ab (11 November 2023). "Asad Umar resigns from PTI, completely quits politics". . Retrieved 9 March 2024.
  32. ^"Asad Umar resigns as PTI secretary general". Brecorder. 24 May 2023. Retrieved 9 March 2024.