The 2018 - 2020 elected Board of Directors include the following:
Muhammad Asim, CFA
President, CFA Society Pakistan
Chief Investment Officer, MCB Arif Habib Savings and Investment Ltd.
Email Muhammad Asim
Asim is Chief Investment Officer of MCB Arif Habib, one of the leading asset management companies of Pakistan, majority owned by MCB Bank, one of the largest Commercial Bank. Asim is an Investment Management professional with more than 15 years' experience and is associated with MCB Arif Habib for more than a decade. He started his career as a Buy Side Analyst and progressively took various roles in overseeing Research, Fixed Income and Equity Portfolio Management and ALM / Non ALM based Investment Advisory Functions.
During 2008-2018, core Equity Fund's cumulative return was nearly 1.4 times the benchmark KSE100 Index while beating 86% of Equity Funds Industry, holding top position on several instances on yearly returns. Asim has managed funds in equity, fixed income and hybrid strategies and has overseen funds in both active and passive styles. Macro driven Top Down approach is his key strength.
Asim is an MBA with majors in Finance from Institute of Business Administration, Karachi & also holds CFA Charter from CFA Institute, USA. Asim has attended Harvard University, USA for Investment Management Workshop. Asim is also the President for CFA Society Pakistan and active advocate of mission of CFA Institute for highest ethical and professional standards in Investment Management. He has for several years represented Society as Judge in several of Capital Market Competitive Challenges at both local and Int'l level. He has also served as Country Representative & GIPS Chair for Global Investment Performance Standards by CFA Institute. He is also the volunteer for Professional Conduct Committee of CFA Institute. He has earlier served as Board Member of CFA Society in 2012 and 2015. Asim has served on several committees of Mutual Funds Association of Pakistan.
Rukhsana Narejo, CFA
Vice President & General Secretary, CFA Society Pakistan
Head of Treasury Department, Sindh Bank Limited
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Ms. Rukhsana Narejo, CFA is Head of Treasury Department at Sindh Bank Limited. She is Investment Management professional with 18+ years of experience in Treasury, Portfolio Management, Asset Management, Training, Investment Advisory and Consultancy. Before joining Sindh Bank, Rukhsana Narejo served as Investment Specialist at Asian Development Bank and assisted the ADB Pakistan Head in designing reforms for Pension and Provident funds. She was associated with NBP Fund Management (formerly NBP Fullerton Asset Management) from 2006 to 2009 and served as Head of Fixed Income Department; she managed biggest fixed income fund of the industry at the time. She is a CFA Charterholder since 2006. She served CFA Society of Pakistan as its board member for two terms, initially from 2009 to 2011, and then from 2013 to 2015. As Board Member she worked with SECP, as part of its advocacy team and with CFA Ins. USA to improve regulations, including monitoring of various stakeholders, and to introduce GIPS performance measurement standards for Asset Management Companies of Pakistan.
Sadaf Shabbir, CFA, FRM
Communications & Technology Chair, CFA Society Pakistan
Head Structured Finance, Awwal Modaraba
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Ms. Sadaf Aliuddin, CFA, FRM is Head, Structured Finance at Awwal Modaraba Management Ltd., a wholly owned subsidiary of Pak Brunei Investment Company Ltd. Earlier, she headed the Risk function at Pak Brunei and has supervised design of risk rating models and Basel compliance. Prior to her association with the Pak Brunei group, she has also worked with JCR-VIS Credit Rating Company Ltd. and Anjum Asim Shahid Associates. She has around 16 years of experience with forte in project finance, structured debt and private equity, credit risk assessment and portfolio management. She has done her BBA (Hons) and MBA from Institute of Business Administration (IBA), Karachi in 1999.
Mohammad Shoaib, CFA
Advocacy and GIPS Chair, CFA Society Pakistan
CEO, Al Meezan Investment Management Limited
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Mr. Mohammad Shoaib, CFA is the CEO of Al Meezan Investment Management Limited, the only full-fledged Shariah compliant asset management company in Pakistan managing the country's largest portfolio under Shariah mandate.
Mr. Shoaib has over 30 years of experience related to managing investment portfolios and is currently heading a diverse team of over 600 members with qualifications in area Business Administration, Chartered Accountancy, ACCA, CFA and other relevant background. He completed his MBA from Institute of Business Administration (IBA), Karachi in 1988 and got CFA Charter in 1999. He has taught several courses related to his field at IBA as a visiting faculty member.
He was the founder and first President of CFA Society Pakistan, which was set up by him in 2002. During his leadership, CFA Society Pakistan achieved several milestones such as "Innovation Award" and "Strategic Planning Award" from CFA Institute. Due to his contribution to the mission of CFA Institute, CFA Institute listed him in 2006 as "MOST INFLUENTIAL" CFA Charter Holder.
During 2008 to 2012, he was elected by 16 CFA societies in Asia Pacific region to represent over 16,000 charterholders on the Presidents' Council of CFA Institute. During his career, he has served or is currently serving in many volunteer capacities including:
· Member of CFA Institute Asia Pacific Advocacy Committee
· Member of CFA Institute Global Task Force on Corporate Governance
· Member Executive Committee, Global Investment Performance Standards
· Member, Asset Manager Code Advisory Committee of CFA Institute
· Nominee director of SECP on Board of Karachi Stock Exchange
· Board member of Institute of Capital Markets in Pakistan
· Chairman, Mutual Funds Association of Pakistan
· Board member Pakistan Institute of Corporate Governance (2011 – 2014)
· Member of the Academic Board of Institute of Business Administration, Pakistan
· Member of the Central Bank's Committee on Islamic Capital Markets
· Member of Annual Conference Advisory Committee of CFA Institute
He has participated in various seminars, conferences and workshops across the globe during his 30-year career in managing investments. During the last 17 years of his career, he has focused exclusively on managing Shariah Compliant or Islamic portfolios. He has been a speaker / panelist at various conferences on the subject of Islamic Asset Management in Middle Eastern and Far Eastern countries. He has also been featured in CFA Magazine with reference to his contribution to Islamic asset management, corporate governance and volunteer leadership roles.
Syed Raza Jafri, CFA
University Relations Chair, CFA Society Pakistan
Head of Broking, Intermarket Securities Ltd.
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Mr. Jafri is an Executive Director, Research & Business Development at Intermarket Securities Ltd (IMS) and possesses over 11 years of experience in sell-side equity research. Other than the Board of the CFA Society Pakistan, he advises the Board of Studies at the Institute of Business Management (IoBM). Prior to joining IMS in 2015, he was Head of Research at AKD Securities Limited. Mr. Jafri carries an in-depth understanding of major sectors at the KSE with a specialization in covering Commercial Banks. He was ranked by Bloomberg as among the best banking sector analysts in Pakistan, and has been awarded "Best Analyst" by the CFA Society of Pakistan in 2015 and best "Banks Coverage" in Pakistan by Asia Money in its 2012 Brokers Poll. Mr. Jafri graduated with a BSc. (Hon) in Finance & Accounting from LUMS and is a CFA Charterholder.
Muhammad Zeeshan, CFA
Treasurer and Member Relations & Volunteer Management Chair, CFA Society Pakistan
Head of Institutional Sales - Fixed Income Securities, Bank Alfalah Limited
Email Muhammad Zeeshan
Mr. Zeeshan has over eleven years of diversified experience in Equity Research, Portfolio Management, Investment Banking, Investment Advisory, Private Equity and Principal Investments. Presently, he is working as Senior Manager in the Capital Markets Division at Bank Alfalah Limited and has been associated with the Bank for the last five years. Prior to joining BAFL, he worked for renowned financial institutions including Arif Habib Limited and Faysal Asset Management Limited in the areas of Research, Fund Management and Investment Banking.
He is currently the Director and Treasurer of CFA Society Pakistan where he is responsible for managing the financial affairs of the society and also looks after Member and and Volunteer Relations.
Mr. Zeeshan has done Master of Business Administration in Finance and has also been awarded CFA Charter.
Sateesh Balani, CFA
Director and GIPS Co-Chair, CFA Society Pakistan
Director Research, Ismail Iqbal Securities (Pvt.) Ltd.
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Mr. Sateesh Balani is working as Head of Research at HBL Asset Management Limited (HBL AMC). Prior to joining HBL AMC, he has worked with Engro Corporation and its Energy Holding Company (Engro Powergen Limited) as Senior Analyst where he was responsible for making feasibilities and analyzing potential business ventures for the group. He has also worked with Elixir Securities Pakistan in equity research and covered energy and industrial sectors. He has over 8 years of extensive experience in the corporate and financial sector. His expertise is in the areas of Equity Research, Economic Research, Financial Modeling & Valuation and Project Finance. He has Bachelors and Masters in Business Administration from Institute of Business Management, Karachi and is also a CFA Charter Holder.
Executive Director, CFA Society Pakistan
Email Sarwat Ahson
Sarwat Ahson brings with her 20 years of blended experience in Corporate Banking, Consulting, Teaching, Training and Project Management. In her last assignment she was engaged in establishing the Centre for Excellence in Islamic Finance at IBA funded by the Central Bank. Ms. Ahson has authored chapters in various books and writes for DAWN and BR. She holds a BBA (Hons.) and an MBA degree from Institute of Business Administration. She is also a CFA level III candidate.