History and Founders
Banu Mukhtar owes its name to late Sheikh Mukhtar Ahmad who migrated from India in 1947 and got settled in Montgomery ( now Sahiwal). He left behind five renowned sons namely Izhar Ahmad, Dr. Israr Ahmad, Iqtedar Ahmad, Vaqar Ahmad and Dr. Absar Ahmad. Ever since 1960, construction and production of Pre-cast Concrete Products was a family business. Izhar (Pvt) Ltd. (Now Banu Mukhtar Contracting (Pvt.) Limited after change of name in 2012), the ace Company of Banu-Mukhtar, was founded in 1964 by Sheikh Mukhtar Ahmad’s eldest son Mr. Izhar Ahmed who was a Civil Engineer by profession.
After a split in the family business in 1977, Mr. Iqtedar Ahmad, who was previously managing another company doing similar business, took charge of Banu Mukhtar Contracting (Pvt.) Limited independently and remained the chief executive of the company till 1983 at which time he handed over the charge to his eldest son Engr. M. S. Asad Mukhtar and adopted an advisory role for himself.
Since 1983 Mr. M. S. Asad Mukhtar is the Chief Executive of the Company and Chairman of the Group working under the banner of Banu-Mukhtar.
Elder son of Mr. Asad Mukhtar, Umar Asad Mukhtar, joined Banu Mukhtar as director in 2008 and since then he is taking charge of the baton from his father and is now leading the re-alignment of organizational structure and business models.
Starting from a very small family construction business, under the leadership and management of M. S. Asad Mukhtar, Banu Mukhtar Contracting (Pvt. Ltd. has evolved into a big name in construction and contracting industry of Pakistan with its sister companies, notably Banu Mukhtar Products (Pvt.) Limited which is engaged in production and supply of a large range of Precast Concrete Products with area offices and plants spreading all over the country and Banu Mukhtar Steel (Pvt.) Ltd which is manufacturing Pre Engineered Steel Buildings and involved in Mechanical Fabrication works.