Chief Executive
Financial Information Services (Pvt.) Ltd
Total years of experience :30 years, 2 Months
Financial Information Services (Pvt.) Ltd. From April 2012
Chief Executive
* The flagship product of the company is Pakistan's first online comprehensive Stock Research Portal maintained at pkfinance.info.
Pakistan Sugar Mills Association (PSMA)
Secretary Punjab Zone Aug 2010 - March 2012
* Effectively managed the secretariat of the largest zone of the industry that is the 2nd largest employment provider in the country.
* Maintained an effective liaison with member mills of the association, government functionaries and the regulators.
* Successfully represented the industry in meetings with elected public representatives, government officials, regulators and in court proceedings.
National Asset Management Company Limited (NAMCO)
Chief Financial Officer & Company Secretary February 2006 - May 2010
* Administered the entire financial and corporate affairs departments of the company, while also holding charge of the post of Chief Investment Officer.
* Liaised with SECP, rating agencies, trustee etc, ensured regulatory and financial compliance.
* Managed the Investment Portfolios of Mutual funds of the company, NAMCO Balanced Fund (Rs. One billion) and NAMCO Income Fund (Rs. 350 million) as Chief Investment Officer (CIO)
* Previously managed the Research, Operations and Information Technology Departments as Head of Operations.
* Designed and set up a thorough research database for all the stocks listed at Karachi Stock Exchange, inclusive of book values, EPS, ROE, Dividend yields as well as historical prices for the last 6 years.
* Designed work-flow, reporting arrangements and control systems for the entire Operations.
* Supervised the preparation of Trust deeds and Offering documents, liaised with SECP for the mutual funds of the company.
National Bank of Pakistan
Vice President - Head of Equity Operations & Investar
Managed equity investments of the former NDFC, equity buy-back agreements, investment cases under litigation and settlement of accounts of the Investar Scheme of former NDFC.
National Development Finance Corporation
Head Office - Karachi
Vice President - Head of Capital Markets Jun 2001 - Jun 2002
Managed the Capital Market Division including over Rs. 5 billion of investments.
* Carried out Special Audit of Brokerage Operations of Taurus Securities Limited, member KSE and a subsidiary of NDFC, on the directive of NDFC management.
* Carried out Special Audit of Equity Transactions / Investment decisions for NDFC Equity Portfolio for the year 2000 on the directive of NDFC management.
Incharge Treasury Operations Mar 2000 - Jun 2001
Administered the Equity Operations Department as well as the Money Market Operations Department.
* Enabled NDFC to increase exposure in the Carry-over Transactions (Badla) to over Rs. 1 billion by introducing the concept of secure COT.
* Drafted a detailed proposal for NDFC on Arbitrage Opportunities between the three Stock Exchanges of the Country.
* Increased efficiency by designing and implementing software.
* Restructured Equity Operations Department making it effective with 4 people instead of 15.
* Managed the transfer of all CDC eligible physical shares to CDC.
Vice President - Capital Market Division / Head of Market Research Department / Head of SAARC Cell Sep 1998- Mar 2000
Managed Equity Portfolio in NDFC as Vice President/Portfolio Manager and Member Investment Committee. Was entrusted with additional responsibility as Head Of the Market Research department and the SAARC Cell.
• Resolved a large number of long outstanding issues of dividends receivable, shares received short etc. with Companies and Registrars.
• Set-up a thorough research database for Fundamental Analysis as well as Technical Analysis of stocks.
• Managed Pakistan Operations of South Asian Development Fund (SADF), liaised with DFIs in SAARC member Countries as the Incharge SAARC Cell.
Shahid Hussain - Member Lahore Stock Exchange
Chief Operating Officer Jan 1998-Sep 1998
Activated and effectively managed the Brokerage House of Mr. Shahid Hussain, Member Lahore Stock Exchange and the then Chairman of Service Industries.
• Designed and implemented process flow and control systems.
• Implemented Margin Monitoring System.
Al-Ameen Securities (Pvt) Limited (Corporate Member Islamabad Stock Exchange)
esent
esent
Head of Dealing, Research & MIS 1994 - Dec 1997
Managed the Corporate office at Islamabad Stock Exchange.
• Introduced Technical Analysis based Stock Trading at the Company and to members of Islamabad Stock Exchange.
* Designed a one page daily report named "Stock Waves" that covered the price movements and buy / sell / hold recommendations based on Technical Analysis.
* Designed software to automate transaction processing, including computerized Margin Monitoring System in 1995.
Punjab College of Business Administration, University of Central Punjab Lahore. M. B. A
Punjab University, Lahore L. L. B
.