Iqbal Zafaruddin Ahmed (born 3 February 1946) is a Pakistani
industrialist
A business magnate, also known as an industrialist or tycoon, is a person who is a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or ser ...
and
philanthropist
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...
who is the founder of
Associated Group. He is often referred to as the "gas king of Pakistan."
Early life and education
Born in
Patna
Patna (; , ISO 15919, ISO: ''Paṭanā''), historically known as Pataliputra, Pāṭaliputra, is the List of state and union territory capitals in India, capital and largest city of the state of Bihar in India. According to the United Nations, ...
, India, Ahmed is the son of Zohra (died 1979) and Z. Z. Ahmed (1910–1989), a former deputy inspector general of Pakistan Police. He was educated at
Sadiq Public School
The Sadiq Public School (SPS) is a college-preparatory boarding school located in Bahawalpur, Punjab, Pakistan. It also takes day pupils. It is one of the largest schools in Pakistan and its area of makes it both the largest in the country and ...
and
Aitchison College. Later, he earned a
bachelor's degree
A bachelor's degree (from Medieval Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate degree awarded by colleges and universities upon completion of a course of study lasting three to six years ...
in
economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and interac ...
from
Government College, Lahore, and a
master's degree
A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional prac ...
in economics from
Punjab University, Lahore
The University of the Punjab (UoP) is a public research university in Lahore, Punjab, Pakistan. Founded in 1882, its international influence has made it one of the most prestigious universities in South Asia; being the oldest and largest publ ...
.
Career
Associated Group was cofounded by Ahmed and his father in 1965. Its companies include Jamshoro Joint Venture Limited, Pakistan GasPort Consortium Limited, Lub Gas, Mehran LPG, AG Publications, and Associated Estate Developers (AEDL). AG has its headquarters at Lahore and offices in Islamabad and Karachi. AG's philanthropic efforts are directed through the Zohra and Z. Z. Ahmed Foundation. AG chairman Ahmed is also the Publisher and chairman of the board of ''
Newsweek Pakistan''.
In 2024, the
Sindh High Court
The High Court of Sindh () ( Sindhi: سنڌ ھائي ڪورٽ) is the highest judicial institution of the Pakistani province of Sindh. Established in 1906, the Court situated in the provincial capital at Karachi. Apart from being the highest ...
returned to Pakistan's National Accountability Bureau (NAB) a corruption reference filed against Ahmed and his sons owing to lack of jurisdiction, bringing to a close a case pending since 2019.
Awards and recognition
The state of
Oklahoma
Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northea ...
declared 21 April 2009, as "Iqbal Z. Ahmed Day" to commemorate, according to the proclamation issued by
Governor
A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...
Brad Henry.
Organizations
Ahmed is the chairperson of Lahore Literary Festival Society, president of
Government College University's (GCU) Endowment Trust Fund, member of the
Faiz Ahmed Faiz Foundation, chairman of the
Services Institute of Medical Sciences (SIMS), president of
King Edward Medical University's (KEMU) Mobilization Fund, and a trustee of
National College of Arts' (NCA) Endowment Board. He has also served on the board of the Punjab Red Crescent Society, and is a member of the American Business Forum (ABF). Ahmed is also the elected chairman of the LPG Association of Pakistan (LPGAP). He has previously served as the president of the India-Pakistan World Punjabi Organization.
Philanthropy
In his individual capacity and through his foundation, the Zohra and Z.Z. Ahmed Foundation, Ahmed has undertaken philanthropy worth over $1.5 million. Spanning an array of fields from education to healthcare to community empowerment, and the arts, the Zohra and Z.Z. Ahmed Foundation was recognized for its charity outlay in 2012 by the Pakistan Center for Philanthropy as one of the top 10 institutions in Pakistan.
Over the years, he has served as patron of the Government College University; National College of Arts; Beaconhouse National University; LABARD; Edhi Foundation; and the Shaukat Khanum Memorial Cancer Hospital. In 2024, he was re-appointed President of the Executive Committee of the Endowment Fund Trust of Government College University for a two-year term, having previously served in the same position from 2005–2022, and raising over Rs. 500 million for the Trust.
References
External links
BW names FSRU for Pakistan GasPort terminal, Jan 2017The Buddhist Heritage of Pakistan, Asia Society, Fall 2011Hanging Fire, Asia Society, 2009–2010LPG king fined millions, November 2010
{{DEFAULTSORT:Ahmed, Iqbal Z.
Living people
1946 births
Pakistani philanthropists
Pakistani industrialists
Sadiq Public School alumni
Aitchison College alumni
University of the Punjab alumni
Government College University, Lahore alumni
Businesspeople from Patna