Fecto Group of Industries
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The FECTO Group of Industries is one of the most respected business groups in Pakistan. It was established in 1952. It has contributed to the country’s industrial and commercial progress right from the beginning by establishing successful ventures in key sectors of national endeavor. It is currently engaged in such areas of industrial enterprise as Sugar, Particle Board, Printing and Packaging.
Ever since the establishment of the group’s first sugar mill, the FECTO name has become a symbol of Faith and an identity for the Group management’s respected business practices both nationally and internationally.
Fecto Group is the legacy of the Founder Late Ghulam Muhammad A. Fecto.
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[edit] Directors
The following are the Directors of the Group:
- Late Ghulam Muhammad A. Fecto, Founder / Chairman
- Munawar Ali Fecto, Managing Director / CEO
- Kaiser Fecto, Deputy CEO
[edit] An Engine of National Economic Growth
[edit] Major projects of the Group
- Fecto Sugar Mills Limited
- Baba Farid Sugar Mills Limited
- Fecto Particle Board Mills
- Ghulam Muhammad Fecto Foundation
[edit] Management Philosophy
The FECTO Group is continuously engaged in a process of expansion. In order to keep pace with leading edge technological developments, it has adopted modern and scientific management techniques. To ensure sound and successful management, every project is entrusted to a team of professionally qualified managers who report to the Chief Executive. Except the financial activities/policies, which are centralised, all other matters concerning the projects are addressed by the managers who enjoy liberal decision-making powers to serve the best interests of the business.
The team of managers includes local and foreign qualified engineers, charted accountants, cost and management accountants and MBAs.
The Management take care of their employees.
[edit] Management - Employee Relationship
The Group currently employs about 2500 people and is proud that exceptionally congenial and harmonious relationships are maintained in all cadres of management. The pursuit of peace and harmony in the management-employee relationship is defined as the key to the success of every project. No wonder then, that a healthy and close relationship exists between the employees and management, leaving no room for labour unrest, shutdowns, frequent staff turnover, etc.