Humayun Akhtar Khan
Humayun Akhtar Khan (Urdu: ہمایوں اختر خان) (born 1 April 1955) is a Pakistani politician, business tycoon and actuary. He has been elected as a member of the National Assembly four consecutive times between 1990–2007, having served as Federal Minister for Trade and Commerce from 2002–2007 and as Chairman Board of Investment from 1997–1999.
Humayun Akhtar Khan | |
|---|---|
ہمایوں اختر خان | |
| Federal Minister for Trade and Commerce | |
| In office 23 November 2002 – 15 November 2007 | |
| Preceded by | Ishaq Dar |
| Succeeded by | Shahid Khaqan Abbasi |
| Member of the National Assembly for Constituency NA-125 (Now NA-123) | |
| In office 23 November 2002 – 15 November 2007 | |
| Preceded by | Mian Abdul Waheed |
| Succeeded by | Khawaja Saad Rafique |
| Chairman Board of Investment | |
| In office 30 July 1997 – 12 October 1999 | |
| Preceded by | Asif Ali Zardari |
| Succeeded by | Abdul Hafeez Shaikh |
| Member of the National Assembly for Constituency NA-150 (Now NA-178) | |
| In office 1 April 1997 – 12 October 1999 | |
| Preceded by | Makhdoom Ahmed Mehmood |
| Succeeded by | Jahangir Khan Tareen |
| Member of the National Assembly for Constituency NA-93 (Now NA-123 and NA-121) | |
| In office 19 October 1993 – 5 November 1996 | |
| Preceded by | Aitzaz Ahsan |
| Succeeded by | Mian Abdul Waheed |
| Member of the National Assembly for Constituency NA-92 (Now NA-117 and NA-120) | |
| In office 6 November 1990 – 18 July 1993 | |
| Preceded by | Muhammad Hussain Ansari |
| Succeeded by | Nawaz Sharif |
| Personal details | |
| Born | 1 April 1955 Multan, Punjab, Pakistan |
| Political party | Pakistan Tehreek-e-Insaf (2018–2023) |
| Other political affiliations | Pakistan Peoples Muslim League (2009-2018) Pakistan Muslim League (Q) (2001–2009) Pakistan Muslim League (N) (1993-2001) Islami Jamhoori Ittehad (1988-1993) |
| Relatives | Akhtar Abdur Rehman (father) Haroon Akhtar Khan (brother) Sibtain Khan (Wife's Uncle) Mir Shakil-ur-Rahman (son’s father-in-law) Jahangir Khan Tareen (cousin)[1] |
| Alma mater | Government College University University of Manitoba University of Waterloo |
| Occupation |
|
| Website | www |
Khan is the Chairman of Akhtar Fuiou Technologies and Institute for Policy Reform, and owns one of the largest conglomerates in Pakistan, comprising Tandlianwala Sugar Mills, Superior Textile Mill, and Lotte Akhtar Beverages (PepsiCo Franchise).
Early life and education edit
Humayun Akhtar Khan was born on 1 April 1955 in Multan, to parents General Akhtar Abdur Rahman, who served as the DG-ISI under General Zia-ul-Haq, and Rashida Akhtar Khan.
He received his early education from Army Burn Hall College, Abbottabad and Saint Mary's Academy, Rawalpindi. He then received a Bachelor's degree in Business Mathematics from Government College University, Lahore,[2] and a Master's degree in Actuarial Science and Business Administration from the University of Manitoba, Canada.[3]
He is a Fellow of the Society of Actuaries, USA since 1980 and of the Canadian Institute of Actuaries since 1981.[4]
Professional career edit
For more than a decade, while residing in Toronto, Canada, Khan worked in senior executive positions in different multinational corporations and financial firms, including North American Life.[5]
Business career edit
Lotte Akhtar Beverages edit
Khan, along with his brothers, decided to move back to Pakistan in 1988 after the death of their father, General Akhtar Abdur Rahman, , who died in a plane crash which also killed President Zia-ul-Haq.[6] The Akhtar brothers, along with their cousin Jahangir Khan Tareen and his brother-in-law Makhdoom Ahmed Mehmood, together bought Riaz Bottlers (bottling and distribution franchise for PepsiCo beverages in Pakistan) from former Chief Minister of Punjab Sadiq Hussain Qureshi. The consortium managed to turn around the fortunes of Riaz Bottlers from bankruptcy to being the standout company in the beverage industry with key sponsorship deals including that with the Pakistan cricket team and a vast portfolio of the beverages that PepsiCo Pakistan produces such as Pepsi, Mountain Dew, 7-Up, Aquafina, Mirinda, Slice and Sting.[7][8]
In 2018, South Korean chaebol Lotte Chilsung acquired a controlling stake in Riaz Bottlers (now known as Lotte Akhtar Beverages) although the Akhtar brothers maintain a significant minority share and are Lotte's strategic partners in Pakistan.[9]
Tandlianwala Sugar Mills edit
After success in the beverage industry, the Akhtar brothers entered the Pakistan's sugar industry. They later expanded into production of downstream products such as carbon dioxide and ethanol. Tandlianwala Sugar Mills is the fourth largest producer of sugar in addition to being the largest exporter of ethanol in the country. As of September 2022, it had Sales of Rs.32.3 billion.[10]
The group includes three sugar mills in Tandlianwala, Muzaffargarh, and Dera Ismail Khan with a combined sugarcane crushing capacity of 48,000 tons of cane per day (480,000 metric tonnes of sugar per year); three ENA ethanol distilleries in Tandlianwala and Muzaffargarh with a production capacity of 380,000 liters of ethanol per day (100,000 metric tonnes of ethanol per year), and a carbon dioxide recovery plant with a capacity of 48 tons per day (annual production of 16,000 tonnes).[11]
Political career edit
Joining IJI and PML-N (1990–1999) edit
Khan started his political journey in 1990 when he contested the elections representing Islami Jamhoori Ittehad from NA-92 Lahore constituency (now NA-123 and NA-120), which was then considered a Pakistan Peoples Party stronghold. Khan won the election, beating PPP's Rafiq Ahmed Sheikh.[12]
He became a member of Pakistan Muslim League (N) after it broke from the IJI. In the 1993 general election, he contested for the National Assembly seat from the NA-93 Lahore constituency (now NA-121 and NA-123), which was then known as the 'Larkana of Lahore' as it was another PPP stronghold.[13][14] He beat PPP's Aitzaz Ahsan, and was thus elected as a Member of the National Assembly for a second time.[2] [15]
In the 1997 general election, despite being elected twice from PPP strongholds in Lahore and defeating PPP stalwarts in previous elections, he was not awarded a PML-N ticket. However, he was elected in the by-election on the Rahim Yar Khan MNA seat NA-150 (now NA-174) given up by his business partner Makhdoom Ahmed Mehmood. Upon being elected, he was appointed Chairman Board of Investment with the status of Minister of State.
Formation of PML-Q (1999–2002) edit
After the military coup in 1999 in which Nawaz Sharif was overthrown by General Pervez Musharraf, Humayun Akhtar, along with many of Nawaz Sharifs close aides, were under house arrest for months. For two years, the National Accountability Bureau launched thorough investigations against Humayun's family and placed him on the Exit Control List. After being cleared of all allegations leveled against him, Humayun resumed his political career in 2001.[2]
In 2002, General Pervez Musharraf, who by then had also become the President of Pakistan, promised that there would be General Elections in October. Because Nawaz Sharif had been exiled to Saudi Arabia and the military establishment gave the impression that he was gone for good, many of his most prominent party leaders including Chaudhry Shujaat Hussain, Chaudhry Pervaiz Elahi, Ijaz-ul-Haq, Khurshid Mahmud Kasuri, Shaikh Rasheed Ahmad, Mian Azhar and Humayun Akhtar Khan formed a new party called Pakistan Muslim League- Quaid-e-Azam. Humayun contested from constituency NA-125 which was in fact part of what was once called NA-93, the constituency he won from in 1993, and defeated Akram Zaki of PML-N and Naveed Chaudhry of PPP.[16]. He was one of only two PML-Q MNA candidates to be elected from the 13 seats in Lahore, and was appointed Federal Minister for Trade and Commerce. [17]
Prime Ministerial candidacy (2002–2004) edit
When PML-Q was forming its government in 2002, Humayun Akhtar was one of the candidates considered for the post of Prime Minister. However, President Musharraf and the PML-Q eventually decided to choose the Prime Minister from one of the smaller provinces and hence gave the honor to Zafarullah Khan Jamali of Balochistan.[18]
By early 2004, it was clear that Jamali had fallen out of favor with President Musharraf and his own party members.[19] Jamali did not support Musharraf's decision to keep on his uniform amongst other things while Musharraf was fed up of Jamali's incompetence and poor governance. By May 2004, the party decided to sack Jamali, and in his place, a number of potential candidates were listed. After many high level consultations between the President and his close political and military aides, it was decided that Humayun was the best choice to lead the nation.[20]
Although Humayun had a strong backing of the Pakistan Army and the ISI as many of the top generals had served under his father who led these institutions in the 1980s, his own party leaders the Chaudhrys of Gujrat proved to be the last hurdle in his nomination as they fought tooth and nail to ensure that he did not become the next Prime Minister.[21] Party President Chaudhry Shujaat went to the extent of asking Musharraf to delay the announcement of the new Prime Minister by three weeks till the budget session concluded.[22]
Many political analysts believe that the main reason behind the delay was to postpone Humayun's candidacy as the Chaudhry's felt that he had intentions of hijacking the party from them and as a result threatening Pervaiz Elahi's own political ambitions of eventually becoming Prime Minister after the next election.[23] Eventually, Musharraf adhered to the pressure and the only other viable option for Musharraf was Finance Minister Shaukat Aziz who was a Senator, not a Member of Parliament. Eventually, Chaudhry Shujaat Hussain was made interim Prime Minister for two months and it was decided that Shaukat Aziz would contest an election for the national assembly via by-election. Shortly after contesting and winning the by-election, Shaukat Aziz replaced Chaudhry Shujaat as Prime Minister.[24]
Alliance with PML-N (2012–2013) edit
In May 2012, the Pakistan Muslim League (Like-minded Group) formed an alliance with the PML-N in a bid to unite all Muslim League factions under the leadership of Nawaz Sharif, with the aim of defeating the PTI and the ruling coalition of PPP and PML-Q in the upcoming general elections. According to the seat adjustment formula that would accommodate several leaders of the Likeminded Group, Humayun was to be awarded a PML-N ticket from NA-124 Lahore instead of NA-125 while his brother Haroon Akhtar was to be awarded a PML-N senate seat in the 2015 senate elections.[25][26] However, days before the election tickets were finalized, PML-N violated the agreement it signed in 2012 as Humayun did not receive a PML-N ticket from either of the two constituencies, although his brother Haroon was accommodated in June 2015 as a Special Assistant to the Prime Minister on Revenue and was elected as a Senator on a PML-N ticket in the 2018 Senate Election.[27][28][29] While Humayun stayed out of the public eye for the next five years, he spearheaded new joint ventures, mergers and acquisitions for his family businesses.[30]
Institute for Policy Reforms think thank (2014) edit
In March 2014, the Akhtar brothers founded the Institute for Policy Reforms, a nonprofit, nonpartisan think tank. It regularly publishes research reports, analysis, briefs, and fact sheets on key public policy issues concerning Pakistan with a particular focus on economic policy, national security, and international relations.[31][32] IPR's Board of Advisors includes prominent personalities from various fields of Pakistani society including diplomats, lawyers, legislators, academic scholars, corporate executives, military officers, and bureaucrats.[33]
Pakistan Tehreek-e-Insaf (2018–2023) edit
In July 2018, Humayun Akhtar joined Pakistan Tehreek-e-Insaf.[34] Having served as a Member of the National Assembly several times from all of the areas comprising NA-131, he led PTI Chairman Imran Khan's campaign in the constituency and played an integral role in helping him defeat Khawaja Saad Rafique by a narrow margin of 680 votes.[35] After Imran Khan decided to keep his MNA seat from Mianwali, Humayun Akhtar was declared PTI's candidate for the by-election from NA-131.[36] In the by-election, he was defeated by Khawaja Saad Rafique, who received 60,476 votes compared to Akhtar's 51,329.[37]
In June 2023, he announced that he quit the PTI party over the May 9 riots.[38]
Personal life edit
Khan is the son of General Akhtar Abdur Rahman, who headed the ISI from 1979 to 1987, eventually going on to become the Chairman Joint Chiefs of Staff Committee of the Pakistan Armed Forces. He is the second of four brothers and is the older brother of Haroon Akhtar Khan, a Senator who served as the Special Assistant to the Prime Minister on Revenue from 2015 to 2018.
He is married to Shanaz Kauser Khan, who is his first cousin as their mothers were sisters. She is the niece of former Provincial Minister Sibtain Khan.
His son, Qasim Akhtar Khan, is married to the daughter of media mogul Mir Shakil-ur-Rahman.[39]
Writings edit
He has written columns and op-eds for different publications, including for the English-language daily newspaper The News International.[40]
See also edit
References edit
- ^ "32 ministers take oath: Cabinet includes 11 new faces". dawn.com. Dawn. 2 September 2004. Retrieved 13 March 2022.
- ^ a b c "Humayun Akhtar Khan". ARY NEWS. 15 July 2018. Retrieved 13 March 2022.
- ^ . tsmlgroup. Archived from the original on 19 August 2023. Retrieved 13 March 2022.
- ^ . Pakistan Times. Archived from the original on 20 August 2023.
- ^ . humayunakhtarkhan.com. Archived from the original on 19 August 2023.
- ^ "Second-in-command: General Akhtar Abdul Rahman Khan". The Express Tribune. 17 August 2021. Retrieved 13 March 2022.
- ^ Wright, Tom (20 July 2010). "Coke Gains on Pepsi in Pakistan: 15 Bottles Per Person and Counting". from the original on 6 August 2017 – via Wall Street Journal.
- ^ "Food and beverages: Pakistan among PepsiCo's top 10 non-US markets – The Express Tribune". 13 January 2013. from the original on 6 August 2017.
- ^ . Archived from the original on 9 February 2018.
- ^ "TSML - Stock quote for Tandlianwala Sugar Mills Limited - Pakistan Stock Exchange (PSX)". dps.psx.com.pk. Retrieved 13 March 2022.
- ^ "Home | TSML Group". tsmlgroup. Retrieved 13 March 2022.
- ^ https://www.electionpakistani.com/ge1990/NA-92.htm
- ^ . The Friday Times - Naya Daur. 17 April 2020. Archived from the original on 13 November 2021. Retrieved 13 March 2022.
- ^ Hasan, Abbas (3 October 2014). "On life support, PPP in Punjab is a setting sun". DAWN.COM. Retrieved 13 March 2022.
- ^ https://www.electionpakistani.com/ge1993/NA-93.htm
- ^ Khan, Ahmad Fraz (1 October 2002). "It's a matter of wealth in NA-125". from the original on 6 August 2017.
- ^ https://www.electionpakistani.com/ge2002/NA-125.htm
- ^ "Time Up for Jamali – Newsline". Newsline. from the original on 16 November 2017. Retrieved 13 March 2022.
- ^ "Double Trouble – Newsline". from the original on 16 November 2017.
- ^ "Tariq Aziz Ditches Jamali, Shujaat and Joins Humayun in Bizarre Power Games". antisystemic.org. from the original on 6 August 2017.
- ^ "Games Generals Play – Newsline". from the original on 7 August 2017.
- ^ "How Humayun lost prime minister's slot The story of how Mush picked his PM". www.thenews.com.pk. from the original on 6 August 2017.
- ^ "Political musings: The kingmakers and their prime ministers – The Express Tribune". 11 March 2016. from the original on 6 August 2017.
- ^ "Musharraf's Men Begin Political Game to Oust Aziz, Bring Humayun". antisystemic.org. from the original on 6 August 2017.
- ^ "The many faces of PML: Brothers Humayun and Haroon jumping ship to secure seats? – The Express Tribune". 5 February 2012. from the original on 6 August 2017.
- ^ "With Likeminded by PML-N's side: Nawaz's 'grand alliance' gathers steam – The Express Tribune". 13 May 2012. from the original on 7 August 2017.
- ^ "Only one Likeminded to get 'N' ticket". 5 April 2013. from the original on 7 August 2017.
- ^ Reporter, the Newspaper (22 April 2013). "Why PML-N ditched the Likeminded". from the original on 7 August 2017.
- ^ Ghumman, Khawar (8 June 2015). "Appointment of PM's new special assistant upsets many in PML-N". from the original on 6 August 2017.
- ^ "Business Recorder". from the original on 6 August 2017. Retrieved 6 August 2017.
- ^ "Planning ahead: Institute for Policy Reforms launched – The Express Tribune". 9 March 2014. from the original on 10 February 2018.
- ^ "Institute for Policy Reforms – IPR". ipr.org.pk. from the original on 30 May 2017.
- ^ "Our People | Institute for Policy Reforms". Retrieved 13 March 2022.[permanent dead link]
- ^ "Humayun Akhtar joins PTI – Business Recorder". Retrieved 13 March 2022.
- ^ . Archived from the original on 27 July 2018.
- ^ "PTI announces candidates for Oct 14 by-elections". The Express Tribune. 13 September 2018. Retrieved 13 March 2022.
- ^ "PML-N's Saad Rafique clinches NA-131 from PTI". www.thenews.com.pk. Retrieved 13 March 2022.
- ^ "Humayun Akhtar parts ways with PTI". The Express Tribune. 22 June 2023.
- ^ "Marriage of Convenience". BOL News. 7 August 2022. Retrieved 22 June 2023.
Daughter of media mogul Mir Shakilur Rehman is married to Qasim Humayun, son of Humayun Akhtar Khan.
- ^ "Profile". The News International. Retrieved 19 August 2023.
External links edit
- Official website