Asad Warsi

Thrive Consulting has come into existence with a vision to transforming Pakistan’s overseas employment sector through ethical recruitment practices, robust support services, tech-driven solutions, ensuring a seamless and empowering experience for both job seekers and employers.

MAGM Ventures is a venture capital company who provide capital to innovative ideas and talented teams in technology, media, financial services, green energy and real estate space.
 Played a key role in investing, acquisition of many companies in the areas of evaluating the business idea, business model, market potential & scalability, due diligence, business valuation, team assessment and presenting investment proposals to the Board - played an active role in investing ten companies
 Coordinating with 5 CEOs and helping them to setting up companies, vision, objectives, business plans, hiring teams, converting company’s objectives, strategic & business plan to the department or function or the team level targets with periodic timelines, launching business, develop board reporting, financial reporting framework, financial forecasting / budgets, Performance Management System & SOPs
 Coworking space - leading the team from the idea stage, designing, developing, launching and managing an state of the art co-working facility in Blue Area, Islamabad
 Played key role in developing Performance Management System - based on the objectives of the company, department / team and individual, setting up KPIs of the functions & individuals for periodic progress monitoring
 Developed Financial Reporting Framework - including SOPs and Annual Budget, their implementation and Progress Monitoring - Financial Reporting Pack for Board & CEO

Integration Xperts is an emerging IT Company in Pakistan delivering innovative solutions with measurable value to transform business models using disruptive technologies that enables Data Acquisitionion, Analytics and Monetization.
 Fund Raising - Listing & Private Equity - helped company in fund raising - from the pitch deck, financial projections / modelling, preparing the company from legal, financial and strategic angles to fulfill the IPO requirements, coordination with advisors, investors presentation, due diligence, term sheet signing, legal documentation, funds execution etc.
 Coaching, mentoring, motivating teams to achieve company, function and individual objectives aligned with company vision and business objectives.
 Helped in setting up / spinning off two companies - HealthTech and Industrial IOT
 Helping in developing the business along with entire Finance Department, SOPs, Reporting, Team, executing Audits and Tax Related Matters
 Developed Management Information System, Financial Reporting Discipline and SOPs for number of companies related to Finance, Supply Chain, Project Management, Sales & Business Development, Human Resources etc. their review, implementation, feedback and corrective actions

Inbox is the largest IT Company in Pakistan in terms of Domestic Revenue - recognized by Government of Pakistan - Last 4 Year’s Average Annual Turnover - $40 million. Oversaw and monitored 16 employees. Developed, recommended, and implemented policies.
 Managing average annual revenues worth of $40 million and Bank’s Credit Portfolio of $60 million
 Executed projects worth of $250 million - including project feasibilities, contracting, financing arrangement and project management - Raised Debt $30 million to fund these projects (Public Sector Projects like Metro Bus - Lahore, Islamabad, Multan, Number Plates for Excise & Taxation Govt. of Punjab, Safe City Lahore etc.)
 Executed Demerger process of the company through court whereby splitting the company into two separate legal entities along with holding company structure
 IPO - involved right from idea conceiving, prepared the pitching documents, obtained regulatory approvals, prepared the company from legal, financial and strategic angles to fulfill the IPO requirement, arranged & presented the pitch in road shows. Minimum expectation $15 million and Maximum expectation $30 Million
 Managing the processes for financial forecasting / budgets, its implementation and progress reporting - Preparing Financial Statements along with various reports / dash boards for Board, CEO, Team Lead and Regulatory Requirements - Developed SOPs related to Finance, Supply Chain and Project Management.

Elixir was recognized the Best Brokerage House in Pakistan in 2012 by CFA Society of Pakistan and CFI UK. Oversaw and monitored 18 employees. Formulated and executed company-wide budget in conjunction with other departments including allocation, expense tracking, and adherence. Ensured department and teams aligned with overall company strategy including integrations.
 Turned around Elixir from a loss-making company to highly profitable venture - right from drafting the vision of the company along with three years’ plan, strategies around, team building / motivation & cultural change - which eventually translated into Dividend equal to 100% of the equity in 2 years and sold out the company at 2.5x of book
 Managing $15 million credit portfolio from various banks to fund the business and propriety book
 Developed, recommended, and implemented policies and strategies for $5 million investment portfolio
 Part of the team who managed Hubco Acquisition for Dawood Group - transaction Value $ 65 million.
 Developed Financial Reporting Framework - including SOPs and Annual Budget, their implementation and Progress Monitoring - Preparing Financial Statements along with various reports / dash boards using BI Tool for Board, CEO, Departmental Heads - Developed Performance Management System - based on KPIs progress monitoring, issuing report cards along with grades.

Oversaw the acquisition process of the company, due diligence - financial, legal, technical, HR, drafting acquisition agreements, regulatory approvals & compliances, establishing departments, hiring of team, developing SOPs, establishing relationship with banks & subsequently turned it around into a professionally managed research based brokerage house of the Pakistan Stock Exchange. Oversaw and monitored 10 employees.
 Set up the Holdings Company for Group, bring all investments into corporate structure, framed policies and procedures for both holding and associated companies
 Helped in establishing digital marketing and content management company in Pakistan and Real Estate Company in Dubai - Pre-incorporation activities, regulatory approvals & compliances, designing standard operating procedures and reporting framework
 Obtained membership of Dubai Gold & Commodities Exchange (DGCX) for the Corporate Brokerage House
 Established Management Information System and Financial Reporting Discipline - including SOPs, Annual Budget, Progress Monitoring, Financial Statements along with various reports / dash boards for Board, CEO, Departmental Heads - Developed Performance Management System - based on KPIs progress monitoring, issuing report cards along with grades.

Annual Budget, Progress Monitoring, Financial Statements along with various reports / dash boards for
Board, CEO, Departmental Heads - Developed Performance Management System - based on KPIs
progress monitoring, issuing report cards along with grades.

Khalid Majid was the member firm of Deloitte & Touche International which was ranked amongst the top five
professional services firm globally. I was engaged in activities relating to Corporate Finance, but have also
contributed as part of a cross-functional team in providing assistance to the Business Consulting Group in the
areas of Systems and Operations Consulting
\} Management Audit of The Zarak Textile Mills Limited on behalf of National Development Finance
Corporation
\} Special Audit of The Bankers Equity Limited on behalf of State Bank of Pakistan
\} Due Diligence of The Pak Arab Fertilizer, First Women Bank Limited and Tele Card Limited
\} Annual Budgets of The Karachi Stock Exchange