Mian Muhammad Latif
Mian Mohammed Latif | |
---|---|
Born |
Toba Tek Singh, punjab, Pakistan | 28 August 1952
Residence | Faisalabad, Pakistan |
Nationality | Pakistani |
Citizenship | Pakistan |
Occupation | Chairman Chenab Group, ChenOne |
Net worth | United States $700 Million (2009) |
Religion | Islam |
Children |
Faisal Latif Mian Farhan Latif Rizwan Latif |
Mian Muhammad Latif (Urdu: میاں محمد لطیف) is a prominent Pakistani industrialist and businessman who is Chairman and CEO of Chenab Group and ChenOne.
Career
Mian Muhammad Latif was born in 1952 in Toba Tek Singh. His father Haji Muhammad Saleem was a cotton industrialist and an entrepreneur. He later moved to Faisalabad for studies and after graduating in 1974 he started textile business by setting up a small processing unit that over the years have become one of the largest vertically integrated textile group of Pakistan known as Chenab Group.
In 1997 Mian Latif introduced the concept of ChenOne stores in Pakistan which was first of its kind in Pakistan. The venture turned out to be successful and today is a reputed and well-known brand inside and outside Pakistan.
Mian Latif was awarded with Tamgha-e-Imtiaz civil award by President Musharraf on 23 March 2004 for his services to the industry. He had been a close friend of many Pakistani politicians including Benazir Bhutto, Pervez Musharraf, Shaukat Aziz and Yousaf Raza Gillani. His younger brother Chaudhry Muhammad Ashfaq is an ex-MNA and former District Nazim of Toba Tek Singh. His son Mian Farhan Latif was youngest MNA during PML-Q tenure of 2002-2008. He had also been awarded the Businessman of the Year Gold Medal by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) for investment, industry and trade consecutively during the years 1998 to 2002.