A senior banker with over 35 years of banking experience of which 19 years in leadership positions including 10 years as the CEO of 2 “big five” banks in Pakistan. He has an MBA Finance degree and has attended training seminars/certifications at Harvard Business School, MIT and IFC.
His most recent position was at Soneri Bank Ltd. where he served as CEO for 9 years. Prior to that he was CEO at Allied Bank Ltd. for 3 years preceded by a 7 years stint as CEO of MCB Bank Ltd. During his tenure at MCB, the bank received the prestigious EuroMoney award for 6 years in a row as best domestic bank of Pakistan and secured the highest Moody’s rating in the country.
He started his banking career with Citibank where he worked as Regional Head for Corporate Banking and subsequently as Business Head for the Product Group.
He has twice served as Chairman Pakistan Banks Association (PBA) working closely with State Bank of Pakistan on regulatory and other banking industry related issues.
Earlier he has served on the following Boards:
Dr. Nadeem Inayat joined the Board of Directors on June 20, 2013.
Dr. Nadeem Inayat is the Director Investment of Fauji Foundation. He holds a Doctorate in economics with rich and diversified domestic as well as international experience in the financial system of over 26 years. His work experience can be broadly categorized into corporate governance, policy formulation and deployment, project appraisal implementation, monitoring & evaluation, restructuring and collaboration with donor agencies.
He also conducts various academic courses on Economics, International Trade and Finance at reputable institutions of higher education in Pakistan.
As Director Investment, Dr. Nadeem Inayat is managing the investment portfolio of Fauji Foundation Group and also holds directorship on the Board of following companies:
Syed Bakhtiyar Kazmi joined the Board on November 18, 2020.
Mr Kazmi is a fellow chartered accountant with over 35 years of experience in a diverse range of sectoral and functional strata within national and regional economies. The key areas of his specialization are fiscal policy and macroeconomic research, greenfield and brownfield projects, strategic collaborations, mergers and acquisitions, outliers in accounting and finance, strategic level audit and assurance and tax reforms and strategic level advisory.
Mr Kazmi served KPMG for 35 years; last 25 years as a partner. As a partner he interacted with the leadership in almost every industry, understanding their vision, their insights, and most importantly on their business strategies. His rigorous exposure to a diverse range of sectors and projects, enabled him to conceive and culminate strategic value additions for his clients, pertaining to public and private sector organizations. He successfully implemented a comprehensive service delivery framework that ensures quality assured service provision to KPMG’s clients, and a cross-functional integration with the advisory and taxation services that allowed a robust and comprehensive service delivery package to the clients. As an auditor and an advisor, Mr Kazmi successfully delivered his promise of providing best-in-class and integrity driven services. With his career progression, he branched into macroeconomic research with a focus on contributing towards fiscal and regulatory policies of Pakistan. He almost single handedly established advisory practice of KPMG in Islamabad about 2 decades ago which today arguably is the go to advisory in Islamabad. This initiative covered financial projections, feasibilities, information memorandums, internal audit assessments, HR assessments, manuals for processes and controls, valuations, and development advisory which included an assessment of the Punjab and Sindh governments.
Mr. Bakhtiyar Kazmi has served on a number of diverse forums / boards in the Private Sector, Public Sector & Civil Society Organization. As a thinker, he actively spreads his thoughts and ideas through his articles on national economics, business and taxation matters and issues, regularly published in reputable dailies. Mr Kazmi is an avid golfer and currently holds the position of captain of Islamabad golf club.
He also holds directorship on the Board of following companies:
Mr. Manzoor Ahmed is Chief Operating Officer (COO) of National Investment Trust Limited (NIT). As COO, he has been successfully managing the operations and investment portfolio worth over Rs.145 bn. He has experience of over 30 years of the Mutual Fund industry and has been placed at many key positions within NIT that includes capital market operations, investment management, research and liaising with the regulatory authorities. He has also served NIT as its Managing Director (Acting) twice from May 2013 to May 2014 and September 2017 to February 2019. He is M.B.A. and also holds D.A.I.B.P. He has also been the Council Member of The Institute of Bankers Pakistan. Presently, he is pursuing Chartered Financial Analyst (CFA) level III.
Mr. Manzoor Ahmed has vast experience of serving on the Boards of various top ranking companies of Pakistan belonging to the diverse sectors of economy.
Mr. Ahmed has also attended various training courses organized by institutions of international repute like London Business School (LBS) UK, Institute of Directors, London and Financial Markets World, New York (USA).
Currently, he represents NIT as Nominee Director on the Board of Directors of many leading national and multinational companies of Pakistan. Mr. Ahmed is also a Certified Director from Pakistan Institute of Corporate Governance.
Mr. Manzoor Ahmed is also member of the Defence Authority Country and Golf Club – Karachi.
He also holds directorship on the Board of following companies:
Mr. Abbas brings with him rich experience in Governance, Public Administration, Personnel Management and Financial Management.
He holds a Bachelor degree from the University of Karachi. He joined Pakistan Navy in June 71 and after completion of training got commissioned in 1973. He got inducted into District Management Group in March 1980.
During his 33 years long span of illustrious public service, he has worked as Deputy Commissioner of District Jhelum, Gujranwala and Faisalabad where his role included Administration of Criminal Justice, Civil and Revenue legal matters and monitoring of development projects. He also held senior assignments at provincial level, such as Provincial Secretaries of Labor, Transport and Industries in the Government of Sindh, besides being Secretary Social Welfare, Women Development with the Government of the Punjab.
Additionally, he has worked as Director General Lahore Development Authority as well as Director General Parks and Horticulture Authority Government of the Punjab. Mr. Abbas was elevated to the highest positions as Federal Secretary Ministry of Housing and Works, Managing Director Pakistan Housing Authority, Chief Secretary Government of Sindh, Secretary Board of Investment and finally before retirement as Secretary to the Ministry of Interior, where he dealt extensively with Financial and Administrative matters. He has been Chairman of the Board of Directors of Sindh Bank.
He has also represented Pakistan at various International Conferences, Seminars, meetings and UN sponsored forums.
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired) joined the Board of Directors on June 20, 2013.
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired), was commissioned in Pakistan Army in April, 1974. During his long meritorious service in the Army, the General Officer had been employed on various command, staff and instructional assignments including the prestigious appointment as Chief of General Staff and Corps Commander of a Strike Corps/Commander Central Command.
The General is a Graduate of Command and Staff College Quetta and Command & Staff College Fort Leavenworth USA. He is also a graduate of Armed Forces War College Islamabad (National Defence University) and completed Senior Executive Course from USA and holds Master Degrees in War Studies and International Relations. He has attended Finance for Executives Course at INSEAD France.
In recognition of his meritorious services, he has been conferred the award of Hilal-e-Imtiaz (Military). The General brings along a vast and diversified experience in operational, administration, management and evaluation systems up to various level of Command.
Presently the General holds the offices of Managing Director of Fauji Foundation and is Chairman on the Board of various Fauji Group of Companies including Fauji Cement Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Kabirwala Power Company Limited, Foundation Power Company (Daharki) Limited, Daharki Power Holdings Limited, Fauji Akbar Portia Marine Terminal Limited, FFC Energy Limited, Foundation Wind Energy-I Limited, Foundation Wind Energy-II (Pvt) Limited and Managing Director of Fauji Oil Terminal & Distribution Company Limited. After the recent acquisition of Askari Bank Limited by Fauji Foundation Consortium, Managing Director Fauji Foundation is also Chairman of the Bank.
An avid reader and a keen golfer.