Director
Total years of experience :23 years, 0 Months
INTERNAL CONTROL NORTH.
To supervise teams in North(Islamabad, Rawalpindi, some parts of Punjab, AJK and KPK) in respect of internal controls including but not limited to Anti Money Laundering, KYC, Financing against Terrorism, Fraud and forgeries, Assets Opertions, Recovery, Visa debit and Credit Cards, State bank regulations, Govt., and other national and international regulations.
Supervising the team Monitoring KYC/AML, new Accounts opening and examining the same for KYL/AML/CFT angle.Monitoring transactions in customer accounts and keep a check on KYC breaches, unusual large transactions.Keep a check on compliance of National/International regulations regarding KYC/AML/CFT and checking compliance of FATF recommendations in the North Region.Training staff about all such regulations in North and Central regions.
Committee/Chairman Agriculture Credit Committee.
Being Regional Chief carried out the Following major activities.
•Overall business development of the region,
•Looking after day to day affairs of the branches,
•Guiding Managers regarding business development, business ethics, observing anti money laundering checks and build their capacity to keep them abreast with modern day banking.
•Approval of Advances after checking the proposals, projects appraisals, keeping check on mortgaged properties and other assets with the bank against loans.
•Being Regional Commercial Head -Looking after commercial loans and approval thereof.Guiding Relationship Managers in respect of commercial loans.
•Checking post facto consumer loans and providing guidance to Unit Manager and branch managers.
•Approval of Fund based and non fund based facilities(LG, LC etc)
•Being Chairman Agricultural Credit committee approval of farm and non farm agriculture credit and evaluation of agricultural projects.
•Being member of Credit Advisory Committee of State Bank providing input and advising reforms about all types of credit.
•Training guiding managers/officers/staff of the region,
•Evaluating managers/officers/staff of the region.Setting goals for the years and evaluating them according to goal achievements under Bill Curve Ranking system.
•Testing, interviewing managers/officers/staff for the region and recommending them for recruitment.Awarding bonuses to all employees of the region, promotions, transfers, posting and all other administrative actions.
•Visiting branches and business places of borrowers.
•Preparation of capital and revenue budgets and monitoring of budgetary limits.
•Controlling cost of branches and regional office and devising austerity measures.
Achievements;
•My region remained best in respect of Regular advances (99.9%).
•My region was 2nd best in Pakistan regarding current deposits to total deposits
•My region remained best in Pakistan in respect of Advances to Deposit ratio.
•Recovered old stuck-up advances (100%) which remained NPLs for years.
•Deposits, advances and ancillary business grew by many thousands percents.
•No fraud and forgery occurred in my region.
due to remarkable performance with in less than two years as overpassed targets.
Was elevated as Area Manager N.W.F.P in Seotember 2004.During three months I managed to open 4 new branches in the area as licenses were going to expire by 31-12-2004. No work was done on the assignment before (even premises not identified)that and I had to select premises for proposed branches at Abbottabad, Mardan, Mingora and D.I.Khan.Agreements signed, renovation work and construction work as standard branches’s designs
Staff was selected through interview conducted alongwith Regional Chief.All operational activities are monitored by me alongwith coaching and guidance of new staff.Besides opening of new branches succeeded in increase of deposit base of existing two branches by over 60% within 4 months at same time opening 4 branches
Was given the responsibility of Head Of Audit for North including some Parts of Punjab, Islamabad, NWFP, and AK.Formulated audit Poilicy for the team and carried out broad lines of action for smooth running of Audit Function.
Looked after Main Branch Operations of the Bank in the most efficient way, though it was my 1st experience as a commercial banker, and to the entire satisfaction of the higher management. Having SBP experience, brought all activities of the branch under the prevalent Regulations.
Was elevated to the above position with in a short span of time of 10 months by the top management due to my excellent performance as Manager Operations.Took over the branch in hard times for banks due to nuclear explosions in 1998, due to which FC account were freezed.My branch had 75% FC A/Cs but performance remained excellent.
•Mine was the one of the very few branches which showed growth during 1999 as many rumors were prevailing in the market but I kept my deposit intact and showed growth.
•Deposits increased by almost 150 Million during my incumbency as Chief Manager for about 15 months.
•Met Target given by Management for Saving Deposits for April 2000.
•Received commendation certificate from the President for the above.
•Branch didn’t attract any penalty in any shape from
the ever 1st batch of MBAs directly recruited where only 15 posts were offered throughout Pakistan. Got Top position in Pakistan in interview.
Remained posted
Primary job was to conduct inspection of Commercial Banks including foreign Banks, Development Banks, DFIs and other FIs.Areas of interest included looking into Financial Health and Viability of operations of the Banks and Financial Institutions, Checking maintenance of Statutory capital and liquidity requirements, rules and regulations covering loans and advances, Classification and Provisioning, Investments and its classification, compliance of Prudential Regulations, rules concerning Deposits, window dressing, Norms of Efficiency, Branch Licensing Policy Compliance, Classification of Other assets, Inter Branch and HO accounts, Suspense Account, Agriculture loans, write offs and restructuring of loans, ratio analysis and other regulatory requirements.Writing of Instpection reports in the light of relevant sections of State Bank of Pakistan and discussing the same with top/senior management of the Banks and finalizing CAMELS rating of the banks on the basis of inspection findings.Had the following achievement during stay with SBP;
•Got all excellent ACRs except one which was Good during the service in SBP.
•Got premature increments many times granted by the Governor State Bank of Pakistan for meritorious services to the Bank .
•Conducted many assignments/inquiries as Team Leader.
•Was member of the Team which conducted audit of Bank of Khyber for scheduling purpose.
•Was selected for special inspection of Islamic Investment Bank, which was subsequently descheduled
•Conducted special inspection of Indus Bank as a result of it was closed by SBP.
•Conducted special audit of the the Mehran Bank(Mehran Bank Scandal still in Supreme Court.Unearthed grave irregularities especially fake advances in which many big names of the country were involved
•Headed Inspection Deptt. Of SBP Peshawar
included preparation of feasibility studies, system designing, project evaluation etc.Prepared Asset Register of Khazana Distillery Plant the ever 1st assignment conducted by the company.Designed system for an industry.Worked with team in evaluation of different projects offered for sale by Govt.
Make sure compliance of instructions SBP and of other regulatory
and was ranked top training by participant authorities like KYC/CDD, AML, Prudential Regulations.Monitoring CTRs/STRs anti narcotic measures.Supervising departmental incharges for SBP compliance, internal controls and implementation.Getting reports from ICCOs posted at branches and take immediate steps for remedy in case of grave violations.Analysing and mitigating risk, profiling of customers.Directly reporting to CEO alongwith submission of quarterly exception report to Board’s Audit Committee.Reporting suspicious transactions to FMU.Coordinator for NAB, FIA, State Bank and ANF etc.Was responsible Officer for FATCA to IRS USA.Had been member of following committees
•Management Committee
•Risk Management Committee
•Steering Committee for ICFR
•Policies Review Committee.
•BPI review committee
•FATCA implementation committee.
•Chairman Compliance Committee
•Training bank officers on different tops
Poverty Eradication
Was elevated as Regional Chief within a year time due to enormous results shown in every respect.The NWFP area was upgraded as Region due to manifolds increase in business after assumption of charge by me.I became the ever 1st Regional Chief of NWFP(Now KPK
to inspect 35 Branches specially and Carrying on other audit activities as Team Leader like conducting Management Audit of The Divisions of the bank at
courses: DAIBP-I- Institute of Bankers Pakistan CICA(Certified Internal Control Auditor) IIC-USA