Hasnain Shafqat

Chief Executive at Hasnain Shafqat & Co

• My current job since January 2008

Home Gas (pvt) Limited, an LPG marketing company.
- DGM Finance. Worldcall/FCSC Group. A group of companies engaged in telecom, data services, financial houses, media and mutual funds

at A F Ferguson & Company (PWC)

• India
• January 1995 to January 1999

In depth knowledge of industrial practices as well as proficiency in consulting. Worked for telecom, power, financial, real estate and media sectors at public, private, national and international levels. Proficient in communication and computer skills

Chartered Accountant at ICAP

• Bahrain
• January 2001 to

Chief Financial Officer at Kohinoor Genertek Limited

• to

A power company listed on stock exchanges of Pakistan.
Major Accomplishments:
Profession:
- Carried out financial position analysis of Halcon Real Estate Group, UAE.
- Advised on legal formation and accounting treatment to Power Holding (Pvt) Limited, a Company working under Ministry of Water and Power and Ministry of Finance, to the tune of Rs. 216 billion;
- Adviser for Gulf, India and Pakistan to Interlink Power Systems (IPS), an Australia based multinational company providing international energy services;
- Advising Kemya FZE, a UAE based Company, on business strategy culminating in the proposed development of a Pharma Manufacturing facility in Pakistan worth US$ 12 Million;
- Advising to Orbit Group Pakistan on LNG, Power and Transport business;
- Formation and financial consultancy for Value TV, a satellite TV Channel;
- Advised Progressive Motels and resort on a project with Prime Minister Housing Foundation with success;
- Advised Great Bear International Services (Diallog), a Middle Eastern telecom Company, on financial turnaround of their operations in Pakistan;
- Advised Alpha Chemicals Limited, a Pharmaceutical Company with a worth of Rs.650 million, on Strategic equity divestment.
Industry:
- Conducted IPO of Worldcall Multimedia Limited;
- Established a Strategic Planning department in Worldcall/FCSC group implementing group budgets and company wise business planning along with feedback loop. The department also had the responsibility of consolidating Group Accounts;
- Conducted merger transaction of all telecom companies of Worldcall Telecom Group;
- Implemented Oracle Financials in Kohinoor Genertek Limited, the first company to implement ERP in power sector;
- Implemented Internal Control procedures from scratch for newly established companies including telecom and media;
- Headed the finance departments of telecom, media and power sectors including finance, treasury, accounting, purchasing, billing and inventory management functions.