Rehan Naseem Bharara elected unopposed as PTEA chairman for two‑year term
The Pakistan Textile Exporters Association (PTEA) has appointed Rehan Naseem Bharara as chairman, with Rizwan Ihsan and Haris Yousaf as senior vice‑chairman and vice‑chairman, respectively, ahead of the AGM on 26 September 2026.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Neutral · Watch
Leadership change in PTEA may stabilize but sector challenges remain, so watch the textile sector.
Sectors & Direction
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Desk call: Watch · Neutral effect
- TextileNeutral effect
Companies
Mentions in This Briefing
Sectors: Textile — Neutral · Watch. PSX tickers: GATM, NML, KTML. Leadership change in PTEA may stabilize but sector challenges remain, so watch the textile sector.
Full Story
Open on Business Recorder## Election Results
The Pakistan Textile Exporters Association (PTEA) announced that Rehan Naseem Bharara has been elected unopposed as chairman for the next two years. Rizwan Ihsan and Haris Yousaf were also elected unopposed as senior vice‑chairman and vice‑chairman. A total of 24 members were returned unopposed to the Executive Committee.
## Process and Timeline
PTEA Election Commission member Wasim Latif disclosed that a single nomination was received for each of the three top posts. After verification, all nominations were deemed valid and the candidates were declared elected without contest. The official announcement will be made at the association’s Annual General Meeting on 26 September 2026, and the new office‑bearers will assume duties on 1 October 2026.
## Background of the New Chairman
Rehan Naseem Bharara hails from a prominent business family and is linked to M/s Umer Textiles. He brings over twenty years of experience as a professional management executive and holds board positions in several charitable, healthcare and educational institutions.
## Outlook and Industry Challenges
Outgoing chairman Sohail Pasha congratulated the new leadership and warned that the textile sector faces serious viability issues, citing high operating costs and Pakistan’s comparative disadvantage in regional production. Bharara echoed these concerns, emphasizing the need for immediate remedial measures, stronger advocacy, and coordinated action across the value‑chain to restore competitiveness and support the country’s economic recovery.
## Statements from Vice‑Chairman‑elect
Haris Yousaf thanked members for their trust and pledged to work closely with the chairman and senior vice‑chairman to address pressing industry concerns, focusing on unity, constructive policy engagement and practical steps to boost exporters’ competitiveness.
## Next Steps
The PTEA AGM on 26 September 2026 will formally confirm the election results, after which the new leadership will begin steering the association’s agenda from 1 October 2026.