Mr. Nadeem Hussain, Chairman

Nadeem Hussain is Founder, President and CEO of Tameer Microfinance Bank. Hussain was chair on the United Nation’s Millennium Development Goals Session on Financial Inclusion in New York in September 2010, and is a frequent speaker at international forums on branchless banking and Microfinance. He has been on the advisory Board of the Institute of Business Administration; he is on the Board of the Pakistan Microfinance Network, Trustee of Indus Foundation, and Trustee of the Jinnah Institute and an active member of the State Bank’s microfinance consultation group.

He was awarded global leader award in 2011 by C5 in Geneva. Prior to Tameer he had an international banking career of 27 years with Citibank/Citigroup in Seven different countries and all major financial centers of the world. During his Citibank career he has worked in Corporate Banking, Consumer Banking, Risk Management, Insurance, Transaction Banking and Treasury and has been member of the board of the Hong Kong Commodities Exchange.

Mr. Muhammad Ali Khan (Chief Executive Officer)

Muhammad Ali Khan holds a Masters of Business Administration (Finance) degree from Durham University Business School United Kingdom and a Master of Business Administration (MIS) degree from Institute of Business Administration (IBA) Karachi, Pakistan. Additionally, he is also a Law Graduate of University of Karachi, Pakistan.

Muhammad Ali Khan has more than 10 years of experience in Capital Markets, Research & Policy Development and Corporate Banking. He has worked with World Bank and Asian Development Bank (ADB) on several policy and development related assignments mainly focusing on Capital Markets and Insurance industry reforms.

Prior to joining ICM as a Chief Executive Officer, he was working with AL Habib Capital Markets Pvt. Ltd. mainly focussing equity research and business strategy.

Mr. Abid Hussain, Director

Mr. Abid Hussain is associated with Securities and Exchange Commission of Pakistan ("SECP") since August 2000.He is a Fellow Cost and Management Accountant with 17 years of diversified experience. He has extensive experience in company law, mergers and takeovers, corporate restructuring and judicial order writing. He has worked at various functions of the SECP. In his capacity as adjudicating officer he has issued more than 500 judgements on corporate laws most of which are published in CLD. Besides he is author of guidebooks for raising equity finance by corporate sector.

Presently, he is working as Executive Director and looking after the Professional Development Department. He is responsible (i) to ensure that SECP staff at all levels receive ongoing training to address the significant challenges posed by the ever-evolving market dynamics (ii) to look after the working and function of PICG and ICM to ensure that these institutions are playing its due role and their output/quality is up to the mark and (iii) to conduct research in collaboration with PICG to develop/fine-tune market regulations in line with international best practices.

Prior to that he was heading Surveillance, Supervision and Enforcement Department (SSED) of the Securities Market Division of the SECP where he was responsible to ensure fair trade practices at the stock exchanges and compliance of relevant laws. He had been extensively involved in devising policies and regulations governing the Stock Exchanges , Central Depository Company, National Clearing Company of Pakistan Limited and other market participants. He was also member of team which finalized the Securities Act, 2015

Mr. Ejaz Ali Shah, Director

Ejaz Ali Shah is the Managing Director of Pakistan Mercantile Exchange Limited. He has over two decades of diversified experience in domestic and international markets. Previously, he served for 16 years as General Manager - Head of Marketing & Customer Support Services at Central Depository Company of Pakistan Limited (CDCPL) where he played a vital role in developing, positioning and nurturing CDC as a diversified service provider. As a part of CDC’s founding team, he also played an instrumental role in developing CDC’s brand value and recognition as one of Pakistan’s most established financial institutions.

Mr. Shah obtained Bachelor of Business Administration (MIS) from the University of Oklahoma, USA in 1989. He also served as the National Chair for International Public Relations Association (IPRA) in Pakistan for the years 2010-11.

Mr. Mohammad Shoaib, CFA, Director

Mohammad Shoaib, CFA is the Chief Executive Officer of Al Meezan Investment Management Limited, the largest Shariah compliant asset management company in Pakistan. He has over 19 years’ experience of managing investment portfolios. He completed his MBA from Institute of Business Administration (IBA), Karachi in 1988 and has taught several courses at IBA including Security Analysis and other finance / accounting courses at IBA.

He has the distinction of completing his CFA charter in 1999. He was the founder and first President of CFA Association of Pakistan. CFAAP is the representative body of CFA charter holders in Pakistan. The CFA Association of Pakistan (CFAAP) was setup by him in Pakistan in the year May 2002 with 40 members. The number of its members has now increased to 150; most of them are CFA charter holders. During last five years, CFAAP has also achieved several milestones. One of them is receiving the “Innovation Award” from CFA Institute in 2006 for the Corporate Excellence Awards Program of CFAAP and “Strategic Planning Award” in 2008.

Mr. Shoaib has recently been elected as Presidents’ Council Representative of (PCR) for Asia Pacific Region by 15 societies in this region. In this capacity, he represents all the CFA Institute societies in Asia Pacific region at Board of Governors’ level. Hence he represents the interests of charter holders in Pakistan, India, Sri Lanka, Australia, New Zealand, Korea, Taiwan, Hong Kong, China, Japan, Indonesia, Malaysia, Philippines and Singapore.

Mr. Nadeem Naqvi, Director

Mr. Nadeem Naqvi holds the degrees of M.B.A. in Finance and B.Sc. with honours in Banking and International Finance from The City University CASS Business School in London, United Kingdom. He brings with him a rich work experience of over 28 years in financial services industry operating in diverse environments of Middle East, North America and Europe besides that of Pakistan. Mr. Naqvi carries a proven track record of establishing successful business organizations and turning around mediocre or dormant ventures into vibrant units. His last assignment, before joining Karachi Stock Exchange, was as the Chief Executive Officer of AKD Investment Management Limited. Earlier, he was involved in setting-up a brokerage house for overseas investors. He has also served as Chief Executive Officer of AKD Securities Limited which he was able to transform from a proprietary business into a full-scale investment banking and brokerage firm and in the process, gained company's recognition as the best domestic brokerage house for two consecutive years. Under the banner of AKD, he served as Chairman of the first technology venture capital fund of Pakistan.

Market analysis and research has been the hallmark of Mr. Naqvi's career. He has led an independent investment research firm in USA which was ranked in 2004 by 'Businessweek' as the third best out of 300 independent research firms in North America before which he headed the Merrill Lynch Pakistan research team. He was also the Head of Research of the advisory company of Morgan Stanley Asset Management's Pakistan Investment Fund and prior to that worked at BMA Capital Management Limited as Head of Research.

In Pakistan, Mr. Naqvi has been involved in landmark investment transactions, including the privatization of KotAddu Power Plant, National Refinery and United Bank. His association with the capital markets is also longstanding where he served in committees of Karachi Stock Exchange and was a member of the Capital Markets Committee."

Mr. Mashmooma Zehra Majeed, Director

Ms. Majeed completed her Chartered Financial Analyst (CFA) program in 2001 from the CFA Institute and the Financial Risk Manager (FRM) Program in 2010. She has been associated with the asset management industry in Pakistan for over ten years with her forte being in investment management and product development.

She has played an instrumental role in launching the first Islamic open-end mutual fund in Pakistan as well as the launch of the voluntary pension scheme in Pakistan under the Voluntary Pension System Rules. She has been actively involved with MUFAP throughout her career. She has previously worked in senior positions in Atlas Asset Management Limited, JS Investments and Crosby Asset Management. She started her career with HMA.

Mr. Amin Dawood Saleh, Director

Amin Dawood Saleh, an international capital markets professional, brings over 20 years of experience as a portfolio manager of international equities, fixed income and derivatives. Besides holding an MBA and BBA (Hons) degrees (1986 & 87) from Institute of Business Administration (IBA), Karachi, his professional credentials include CFA charter (1995) and FRM certification (2010). He, currently, is the Head of Financial Institutions with Bank Alfalah Ltd. and is also a director on the board of Alfalah GHP Investment Management Limited. Prior to that he has worked with Gulf Bank, Standard Chartered Bank, Ontario Financing Authority and Union National Bank.

He has the privilege of being one of the Founding Member of CFA Society Pakistan. In addition, as the Vice President and founding members of CFA Society Kuwait, his contributions included creating an outreach program with Universities and other professional bodies. In addition, it has been his belief that professional bodies need to engage not only their members and the aspiring members but also the regulators and public at large. This led us to establish a pro-active role for advocacy and professional development committees. At the CFA Institute, he has been involved as a exam grader starting in 1996, one of the pioneer Pakistanis to do so. In addition, he has been a volunteer with the Candidate Curriculum Committee, bringing his expertise and perspective of capital markets in development and upgrading of materials.

Besides being involved at institutional levels, he has taught CFA exam preparation classes in Pakistan and Kuwait, undertaken capital markets developmental seminars in Dubai, and was the key speaker at the InvestCap seminar arranged at the launch of futures trading on Karachi Stock Exchange.

Mr. Arif Masud Mirza, Director

Mr. Arif Masud Mirza is the Head of the Association of Chartered Certified Accountants (ACCA’s) operations in Pakistan since in its inception in 1997. ACCA Pakistan is now in the top three markets for ACCA worldwide, with the highest number of Certified accounting technician students in the world. He has been the principle officer not only in title but also in practice, mentoring both internally and externally through my stewardship and leadership.

As a Head of ACCA Pakistan, He was been personally inspired several CSR initiatives in Pakistan most notably with the World Wide Fund for Nature; the ACCA-WWF Pakistan Environmental Reporting award that are endorsed by the Ministry of Environment, IUCN and the UN Global Compact Foundation in Pakistan.

Mr. Muhammad Hanif Jakhura, Director

Mr. Muhammad Hanif Jakhura is the Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Corporate Secretaries of Pakistan (ICSP). Mr. Jakhura was appointed as Chief Executive Officer of National Clearing Company of Pakistan Ltd. (NCCPL) in January 2002 and served in that position up to September, 2005. He is currently holding the position of Chief Executive Officer of Central Depository Company of Pakistan Limited (CDC) since March 2002.

He has served as the Chairman of the Committee to Review Institutional Arrangement for Financing Stock Brokers and Stock Market Investors and is a member of Margin Financing Committee formed by Securities and Exchange Commission of Pakistan. He has also served as the Chairman of Asia Pacific Central Depositories Group for the year 2006-07. He is serving as President of Memon Professional Forum (MPF), consisted of Members from various disciplines.

Mr. Taher G. Sachak, Director

Mr. Taher G. Sachak has studied in UK and is a graduate in Business Studies from Bournemouth University, and also has a post‐graduate Diploma in Management Studies from Liverpool University. Following his studies he joined the British Civil Service and after 5 years decided to pursue a career in life assurance. He held executive positions in major UK Life Assurance Companies, Allied Dunbar, Trident Life and finally Century Life before coming to Pakistan in 1994 to join EFU Life.

His particular expertise lies in sales management and marketing. He helped introduce new concepts and Products in Pakistan such as “unit linking” and “critical illness”. These innovations introduced by EFU Life Assurance Ltd. gave the average investor the opportunity, for the first time in Pakistan, to avail the latest products marketed in the West. He is Managing Director & Chief Executive of EFU Life Assurance Ltd. And a Director of EFU General Insurance Ltd.

Mr. Zafar Iqbal Sobani, Director

Zafar Iqbal Sobani joined HUBCO in July 2011 and has more than 27 years of industry experience at senior management level in power, paper and board sectors while working with Multinational companies and large size local conglomerates.

He is a Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and is currently Chairman of the Quality Assurance Board. He was president of ICAP during the year 2004-05. He has also been associated with internationally reputed audit practice firms in Pakistan and Middle East in the initial part of his career. He is also Chairman of Laraib Energy Limited, a HUBCO subsidiary.