The document discusses the leadership transition at Engro Corporation from Asad Umar to Muhammad Aliuddin Ansari. Asad Umar had transformed Engro into a successful conglomerate through diversification but took an early retirement unexpectedly in 2012. Ansari, previously the CEO of Dewan Drilling, was then selected by the board to lead Engro. Through consensus-based decision making and filling leadership gaps, Ansari helped Engro achieve record profits in 2013 despite the challenges from the sudden change in leadership.

2. Muhammad
Karim
Zeeshan
Shahzad
LMS 3rd

3. Engro stands for “energy for growth”. From inception,
Engro has a legacy of continuous growth, new
challenges and fulfilled promises. From fertilizers to dairy
products, business solutions to PVC resin,
power generation to commodity trade, at Engro the
ambition is to become the premier Pakistani
enterprise with a global reach.

4.  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.

5.  To be the premier Pakistani enterprise with a
global reach passionately pursuing value
creation for all stakeholders.
Our mission is to achieve innovative growth
which creates value for our stakeholders,
customers and employees.

6.  Our commitment is to maintain higher
standards of ethics, safety and
environmental responsibility
 Health Safety & Environment
 Ethics and Integrity
 People
 Innovation & Risk Taking
 Community & Society

7.  Engro Fertilizers Limited
 Engro Foods Limited
 Engro Eximp Private Limited
 Engro Power-Gen Limited
 Engro Polymers and Chemicals Limited
 Engro Vopak Limited

8.  Fertilizer
 Food
 Beverages
 Chemicals
 Polymers
 Power Generation

9.  Mr. Hussain Dawood
(Chairman)
 Mr. Asad Umer
(Ex.President & CEO)
 Mr. Ali-ud-din Ansari
(President & CEO)

10.  Introduction
 5 million people use Engro food Products every
day
o Engro Foods Limited was formed as a wholly owned
subsidiary of Engro Corporation in 2005.
o It start its operation in 2006 and become major
player in Food industry.
o It launches multiple products
• Ice Cream
• Flavored Milk
• Fruit Juices
• Milk Powders

11. 
“Build branded food business to improve quality of life by
offering tasty, affordable and high nutritional products to
our consumers while maximizing stakeholder’s value. ”
”Aim at transforming the company within the five years
into first national food industry giant, then into regional
force and finally into a global player.”

15.  Engro Foods main objectives are to supply
everyone their favorite Olper’s Milk and to
satisfy the consumer need and wants.
EngoFoods second objective is to increase the
value for the stakeholders and company value.
We want to be the major player in the food
industry.

16.  Engro powergen Ltd (EPL) was in corporated
in 2008 as a fully owned subsidiary of engro
corp. to develop power project in Pakistan
 EPL has interred into a strategic long term
partnership with the govt. of sindh by
establish sindh engro coal mining company as
joint venture in block-II of Thar coalfields

17.  Engro Corporation has come a long way from
its inception, as a fertilizer manufacturing
and marketing company, to becoming one of
the largest conglomerates in Pakistan.

18. Meri Gas field discover by esso mobile joint venture
The company is incorporated as esso Pakistan fertilizer
company limited, to manufacture and market fertilizers.
Urea plant commissioned; Largest foreign investment in
private sector in the History of Pakistan
esso Pakistan fertilizer company limited Renamed as
Exxon chemical Pakistan limited

19. Exxon diversts its equity from fertilizers business
globally; The Company its Renamed Engro chemical
Pakistan limited
Engro vopak termial limited established in a joint venture
with Royal Vopak Netherlands for handling bulk liquid
chemical storage at Port Qasim in Karachi
Formation of engro ASHI polymer and chemical limited at
a joint venture with Mitsubishi Corporation and Ashi for
Manufacturing and marketing of PVC resin

20. Engro enter Food business and setup a milk processing in
sukkar
Engro powergen limited is incorporated as a wholly own
subsadery of engro corporation to under take power
distribution business

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

22.  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.

23.  Under Asad Umar’s leadership, Engro’s
revenues had grown from just Rs13 billion in
2004 to Rs114 billion in 2011,
 Asad Umar transformed Engro from being a
local player and Fertilizer producer to a
conglomerate which become a successful
player in different diverse businesses which
still are increasing earnings and value of
Engro Corporation .

24.  Asad Umar, President of fertiliser-to-food
conglomerate, Engro Corporation has taken
an early retirement. Such an event is
scarcely surprising, for men at the top of
corporate ladder often do.(DAWN April 19
2012)
 It was unexpected for Engro that when it was
expanding and getting record profits and its
President quit in such successful time period.

25.  After an early retirement of Asad Umer,
Muhammad Aliuddin Ansari has assumed
the charge as CEO of the Engro
Corporation.
 Ansari was the CEO of Dewan Drilling,
Pakistan’s first independent Oil & Gas drilling
Company.
 He is a graduate of Business Administration
with a specialization in Finance &
Investments from UK.

26.  On 17th April Ansari, received call from the
Chairman BOD of Engro informing him that after
Asad Umar Khalid Mansoor a senior Executive had
also resigned. Soon after, much to his surprise He
was offered the position of running Engro,
initially he declined, but later when it was the
unanimous view of the BOD, He accepted the
offer. When he joined, there was a shock factor
in the company, people were getting a bit wild in
their ideas as to what will happen but the real
job in hand was to fill in gaps and ensure that
right people were in right jobs.

27.  LEADERSHIP STYLE:
I believe in consensus, participative and
collective decision-making.
In my career, joining Engro was a difficult
decision having achieved my dream of being
an entrepreneur.

28.  Engro Corp posted a record 2013
consolidated profit after tax of Rs. 8,183
million vs. depressed profit after tax of Rs.
1,333 million in 2012. The company achieved
PKR 155,360 million revenue in 2013 vs. PKR
125,151 million in 2012.

29.  Asad Umar’s Vision and Leadership had made the ENGRO Corporation
one of the best and most successful Diversifications ever in the
history of Pakistan.
But the sudden retirement could trigger drastic changes and may
cause losses to Engro and may affect the performance of Engro but
the right Decision and Headhunting process of Board of Directors and
successful planning and changes made and managed by ANSARI help
Engro to get record profits and Ansari become a better
replacement of Asad Umar.
Asad umar’s Transformational and Ansari’s accidental and planned
change helped Engro to sail through rough seas.