Tanveer Ahmed has been appointed as managing director of Ifad Autos Limited for the next five years.
The appointment will be effective from 21 June this year.
He is the elder son of the Ifad Autos' Chairman Iftekhar Ahmed Tipu.
Tanveer is also director of the company and the managing director of Ifad Multi Products Limited, a sister concern of Ifad Group.
At present, Taskeen Ahmed, chairman's middle son, is the managing director of the company and he served this position for many years.
Ifad Autos assemble and distributor of Ashok Leyland vehicle in the country.