Asim Bukhtiar

Established sell-side research for Riyad Capital, totaling 10 analysts
 Hired analysts and associates from diverse backgrounds and international experience
 Cover banks, telecommunications and industrials (e.g. Ma’aden, Mobily, STC, Samba Financial, Rajhi Bank)
 Top-down analysis based on economic outlook and industry drivers
 Issue investment recommendations through fundamental-based research reports
 Supervise, edit and quality control research output across petrochemical, cement and retail sectors
 Guide, mentor and develop a team of 10 analysts covering 75% of total market by capitalization
 Frequently comment to local and international media on market moving events and outlook
 Engage clients to discuss views on covered stocks and sectors
 Develop integrated financial models, conduct management interviews and site visits
 Expertise in valuation techniques using multiples, discounted cash flows, dividend discount model, SOTP
 Raise team profile internally and externally through inter-departmental meetings and marketing
 Provide valuation and fairness opinion for private companies
 Advise firm on proprietary investments / divestments

Conduct equity research on junior mining and early stage companies for eResearch
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 Develop integrated financial models including earnings forecasts
 Project future funding needs and capital structure
 Determine fair value of equity for early stage exploration companies
 Estimate equity value of companies with unique products, patents and intellectual property often with limited comparables
 Specialist consultant to financial services clients: BMO Private Client Division, Scotiabank
 Led project teams of highly experienced senior consultants
 Provided subject matter expertise in wealth management and treasury functions for some of the largest banks in Canada
 Provided strategic roadmap to clients to improve efficiency
 Broke-down complex problems into manageable and achievable milestones
 Collaborated with senior management in identifying strengths and weaknesses
 Conducted senior and line management interviews to narrow-down fundamental areas of improvement
 Delivered project findings through large presentations and private meetings

Sell-side research on software, services and special situations in Canadian listed equities
 Diverse research coverage including: Cognos, Open Text, Lionsgate, Cineplex, Great Canadian Gaming
 Estimated market size for companies with pioneering products (e.g. Call Genie, Tri-Vision) to develop investment thesis
 Developed and maintained integrated financial models
 Participated in morning calls to give views on stock-specific news to sales and trading team
 Helped prepare marketing materials
 Honed financial modeling and valuation skills using discounted cash flows, multiples, SOTP and LBO
 Conducted management interviews and attended client meetings
 Participated in earnings calls with management, investor relations and analyst community

Worked in Retail and Wholesale banking as an internal management consultant
 Led project teams on highly visible, impactful initiatives across business lines
 Conducted project evaluation, selection and recommendation to executive management
 Strong consensus-building and negotiation skills in adverse conditions with conflicting priorities
 Performed financial analysis for variety of projects (ROI, NPV, payback period, risk-return) to support selection criteria

 Product manager for institutional trading and portfolio modeling systems
 Global client base including asset managers, pension funds and endowments, typically with $5bn+ AUMs
 Developed strong understanding of buy-side process flows
 Trained clients, sales staff and implementation consultants in regional offices
 FMC was acquired by Carlyle Group and is now part of 8, 000-employee, $1.5bn SS&C Technologies

Part of highly selective executive program combining MBA courses and consulting
 Identified business gaps and mitigating measures for strategic banking and insurance clients
 Developed strong end-to-end process mapping skills
Investment Tools
 Bloomberg, Reuters Eikon, Capital IQ, Zawya
 MS-Excel, Powerpoint, Word
Media Appearance
 Bloomberg, Reuters, Wall Street Journal / Dow Jones
 Arab News plus Regional print media
 Al Arabiya, CNBC Arabia (live media)
 Various regional and international newspapers