Mr Syed Muhammad Irfan Aqueel

Syed Muhammad Irfan Aqueel hold a bachelors degree in Chemical Engineering from NED University of Engineering & Technology, Karachi and is an alumnus of Ashridge Business School, UK and INSEAD Business School, France where he obtained advanced management training. He has over 43 years’ experience in the chemical and automotive industry operating at senior positions.

He commenced his professional journey with ICI Pakistan Limited as a management trainee and went on to head the Operations of the Agrochemicals & Seeds Business, Paints Business and the Soda Ash Business. Additionally, he took on Project Management roles in the Soda Ash, Polyester and PTA Business working on plant expansions (Soda Ash Business), setting up power plants (Soda Ash & Polyester Business) and extensively working on the front-end design of the PTA plant with the ICI Plc team as well as the contractor M/s Foster Wheeler in the UK.

After spending more than 23 years in the chemical process industry he moved into the automotive industry. He joined Millat Group as CEO of Millat Equipment Ltd. and set up and commissioned their automotive gears and transmission shafts plant in Lahore based on equipment from Massey Ferguson’s plant in Coventry, England. This was a first of its kind plant in the private sector and was set up and brought into beneficial production in record time. Production was ramped up on a fast track basis to meet the capacity requirements of Millat Tractors and excess production was exported to Poland and India. The product range was soon expanded to include precision equipment like hydraulic pumps and engine balancer units.

Subsequently he was appointed as CEO of the flagship company Millat Tractors Ltd. which manufactures the Massey Ferguson brand of tractors under license from AGCO Corporation, USA. Millat is the largest manufacturer of agricultural tractors in Pakistan with a market share of over 62% plus a wide range of diesel power generation sets, multi-use prime movers, various models of diesel forklift trucks and a wide range of agricultural implements. During his 11-year stint at the helm of the company he created the highest production and sales record in a single year, expanded the range of models, negotiated and entered into export agreement with AGCO Corporation for export of tractors to Africa, Middle East & South Asia and its diesel engines to UK, Ireland & Australia.

He moved to the Millat Group Head Office as Director in a Corporate Technical and Business Development role and is also overseeing their foundry business.

He serves as Director on the boards of Bolan Castings Ltd.