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

Business Recorder’s profile of Imtiaz Ahmed highlights his appointment as Lotte Chemical Pakistan’s board chairman and his long career in petrochemicals. He took the post in November 2025, after PTA Global Holding acquired about 75.01% of the company from South Korea’s Lotte Chemical Corporation. Ahmed was given another three-year term starting June 23, 2026, and Adnan Afridi is the company’s chief executive.

Ahmed earned a doctorate in business administration from the University of Mississippi in 1990 and spent four years teaching at St. Joseph’s University before moving into business. Lotte’s company profile credits him with more than 28 years of leadership in petrochemicals; he also runs International Petrochemicals, PACHEM Global and Faras Fertilizer Company. Business Recorder says Ahmed announced last month that he had acquired Engro Polymer & Chemicals, adding another listed-sector connection to his business activities.