Founder Chairman


Founder Chairman Byco Group
(1940 - 2006)

Mr. Abbasi, a man of vision, direction and achievements throughout his life, graduated from Govt. College Lahore and attended numerous courses in Finance and Marketing from reputable local and international institutions.

Mr. Abbasi started his career during early 60's with Shaw Wallace Pakistan (R. G. Shaw UK Limited) in shipping trade & finance and rose to senior management position during his nine years association with them. In 1969, Mr. Abbasi moved to the oil marketing industry by joining Caltex Oil Pakistan Limited where he held among other positions, the designation of Marketing Manager for Pakistan and Afghanistan during his 10 years with the Company. The unique combination of nearly twenty years of international expertise in shipping and oil marketing industry, led him to launch his own businesses, which over time included many companies related to different sectors. Byco Petroleum Pakistan Limited was also founded by him with the support of Byco Busient Incorporated (BBI).

The spirit of sportsmanship was of prime importance to him during his early years and this saw him achieving and winning:

  • Junior Punjab Table Tennis Championship
  • Aero Modeling National Championships
  • Inter College and Junior Punjab Tennis Championships
  • Gliding record
  • Solo Cessna flight record with only four hours of training
  • Navigational Award for private pilots
  • Motorboat Championship
  • Water Ski Championship
  • Rapid Fire Pistol Shooting Championship, Rifle Shooting Championships between 1953 and 1996

A lively, active and leadership personality, Mr. Abbasi remained associated as member of prestigious institutions such as, Institute of Chartered Ship Brokers and the Institute of Transport etc. He also served as Member Managing Committee and Senior Vice Chairman of FPCCI, Vice Chairman and Chairman of Pakistan Ship's Agents Association, Secretary General and Executive Vice President National Rifle Association of Pakistan, Secretary General South Asia Shooting Confederation and Member Executive Committee of Commonwealth Shooting Federation. He was appointed "A Class Jury Judge - Shooting" by the International Olympic Association, sole record so far for Pakistan.

He left for his eternal abode on the 25th of July, 2006. We pray to Almighty Allah to grant him an exalted place in His heavenly abode and to allow us to fulfill his dreams and the vision he had for the Company.