Five things to know about Imtiaz Ahmed, Lotte Chemical Pakistan’s chairman

Imtiaz Ahmed, a seasoned professional in Pakistan's petrochemical industry, now leads Lotte Chemical Pakistan Limited as its chairman after a change in ownership in 2025. Here are five key facts about his educational background, career, and leadership roles:

1. Ahmed has spent over three decades building and expanding businesses across the petrochemical sector. His LinkedIn profile highlights more than 28 years of leadership experience in the industry, where he spearheaded various operations and acquisitions.

2. Holding a Doctorate in Business Administration from the University of Mississippi's School of Business Administration in the United States, Ahmed was also actively involved in academia. He served as the president of the Pakistan Students Association during his time at the university.

3. Prior to his entry into the petrochemical industry, Ahmed worked as an assistant professor at St. Joseph's University in Philadelphia for four years, imparting his knowledge to students before transitioning into business leadership roles.

4. In addition to his presidency at Lotte Chemical Pakistan, Ahmed holds the position of chief executive at three other companies. He joined International Petrochemicals in 1990 and played a crucial role in the company's global expansion, expanding its client base, warehousing, and distribution network. More recently, Ahmed announced the acquisition of Engro Polymer & Chemicals Limited.

5. Ahmed was appointed chairman of Lotte Chemical Pakistan's board on November 12, 2025, following the acquisition of roughly 75.01% of the company's shares by PTA Global Holding Limited from Lotte Chemical Corporation in South Korea. He succeeded Jo Hyun Kwoun and was reappointed for a three-year term, effective June 23, 2026. Ahmed leads the board during this ownership transition, with Adnan Afridi serving as the company's chief executive.