Dewan Farooque Motors Limited (DFML) has appointed Ghazanfar Baber Siddiqi as Chairman of the Board of Directors and Waseem-ul-Haque Ansari as Chief Executive Officer (CEO), effective December 26, 2025, the company said in a notice to the Pakistan Stock Exchange (PSX) on Friday.
Waseem-ul-Haque Ansari is a graduate mechanical engineer from NED University of Engineering & Technology and brings more than 28 years of diversified experience in the automobile industry. He is currently serving as Chief Operating Officer at DFML.
In his present role, Ansari has been responsible for overseeing the overall vehicle assembly operations for the KIA and Hyundai brands under technical license agreements.
The newly appointed chairman, Ghazanfar Baber Siddiqi, holds two master’s degrees—an MSc in Inorganic Chemistry from the University of Karachi and an MBA in Marketing from The International University, Independence, Missouri, USA.
According to information available on the Yousuf Dewan Company’s website, Siddiqi’s dual academic background has enabled him to work across a diversified portfolio, including paints, chemicals, fibre, food commodities, and petrochemicals.
He has over 25 years of professional experience in senior leadership roles, ranging from strategy formulation to company management, and has also spent 14 years managing multiple product lines at global conglomerate ICI Pakistan Limited. – ERMD
READ MORE
Hundreds of Suspicious Degrees, Financial Irregularities Uncovered at Gomal University: Report
ACADEMIA Dera Ismail Khan: A major scandal involving alleged fake degrees, financial irregularities and embezzlement…
PKR 7.1 Billion Agri-Storage Financing Facility Launched to Strengthen Pakistan’s Agricultural Infrastructure
A landmark Rs7.1 billion social impact financing facility aimed at strengthening Pakistan’s agricultural storage infrastructure…
Pakistan, World Bank Discuss Human Capital Development, Skills and Healthcare Reforms
Federal Minister for Finance and Revenue, Muhammad Aurangzeb, held a meeting with a high-level delegation…
Over 100 SDOs, XENs Identified as Poor Performers Nationwide, May Face Action
Power Minister Orders Action Against Worst-Performing DISCO Officers; Suspensions Begin in PESCO and SEPCO Islamabad:…
72-kilometre section of N-5 Highway currently under construction to be completed by August 15
Court Orders Probe into Fatal Kotri Kabir Accident During Hearing on Poor Condition of National…
OGDCL Announces Major Oil and Gas Discovery in Sanghar
ENERGY The Oil & Gas Development Company Limited (OGDCL) has announced a significant oil and…