Avanceon Management
Management criteria checks 1/4
Avanceon's CEO is Bakhtiar Wain, appointed in May 2023, has a tenure of less than a year. directly owns 59.59% of the company’s shares, worth PKR13.09B. The average tenure of the management team and the board of directors is 1.7 years and 3.8 years respectively.
Key information
Bakhtiar Wain
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 59.6% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO
Bakhtiar Wain
less than a year
Tenure
Mr. Bakhtiar Hameed Wain serves as CEO 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 Executive Officer u...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | less than a year | no data | 59.59% PKR 13.1b | |
| CFO, Company Secretary & Business Manager of ERP | 10.2yrs | no data | no data | |
| Chief Operating Officer | 1.7yrs | no data | no data | |
| Chief Technology Officer | 4.3yrs | no data | no data | |
| Vice President of Sales | 1.7yrs | no data | no data | |
| Corporate Manager of HR | no data | no data | no data | |
| Executive Director | no data | no data | 0.52% PKR 115.1m | |
| President of Pakistan Region | 1.3yrs | no data | no data | |
| President of Middle East & Africa | 1.3yrs | no data | no data | |
| Head of Engineering South Asia | no data | no data | no data | |
| Head of International Execution (IX) Operation | 4.3yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: AVN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 59.59% PKR 13.1b | |
| Executive Director | no data | no data | 0.52% PKR 115.1m | |
| Non-Executive Director | no data | no data | 10.49% PKR 2.3b | |
| Chairman of the Board | less than a year | no data | 0% PKR 0 | |
| Independent Director | 4.3yrs | no data | 0% PKR 0 | |
| Independent Director | 4.3yrs | no data | 0% PKR 0 | |
| Independent Director | 3.3yrs | no data | 0.083% PKR 18.1m |
3.8yrs
Average Tenure
Experienced Board: AVN's board of directors are considered experienced (3.8 years average tenure).