Avanceon Management
Management criteria checks 1/4
Avanceon's CEO is Bakhtiar Wain, appointed in May 2023, has a tenure of 1.58 years. directly owns 59.44% of the company’s shares, worth PKR13.89B. The average tenure of the management team and the board of directors is 1.6 years and 4 years respectively.
Key information
Bakhtiar Wain
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 1.6yrs |
| CEO ownership | 59.4% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO
Bakhtiar Wain
1.6yrs
Tenure
Mr. Bakhtiar Hameed Wain serves as Chief Executive Officer at Avanceon Limited since May 29, 2023. He is the Chairman of Octopus Digital Limited. He founded Avanceon Limited in 1984 and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 1.6yrs | no data | 59.44% PKR 13.9b | |
| Chief Financial Officer | 1.5yrs | no data | 0.00069% PKR 161.3k | |
| Chief Operating Officer | 2.3yrs | no data | no data | |
| Vice President of Sales & Marketing | less than a year | no data | no data | |
| President of South East Asia | 1.9yrs | no data | no data | |
| President of Middle East & Africa Region | 1.9yrs | no data | no data | |
| Head of Engineering South Asia | no data | no data | no data | |
| Group CFO & Director | less than a year | no data | 0.082% PKR 19.2m |
1.6yrs
Average Tenure
Experienced Management: AVN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 59.44% PKR 13.9b | |
| Group CFO & Director | 4yrs | no data | 0.082% PKR 19.2m | |
| Non-Executive Director | no data | no data | 10.47% PKR 2.4b | |
| Non-Executive Chairman of the Board | 1.6yrs | no data | 0% PKR 0 | |
| Non-Executive Director | 4.9yrs | no data | 0.55% PKR 129.5m | |
| Independent Non-Executive Director | 4.9yrs | no data | 0% PKR 0 | |
| Independent Director | less than a year | no data | no data |
4.0yrs
Average Tenure
Experienced Board: AVN's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avanceon Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jehanzaib Zafar | BMA Capital Management Ltd. |
| null null | Insight Securities (Private) Limited |
| Muhammad Daniyal Kanani | Taurus Securities Ltd |