Mr. Yasir Ashfaq is working as Chief Executive Officer of Pakistan Microfinance Investment Company (PMIC). He was previously working as Chief Operating Officer of PMIC since August 2016. Before joining PMIC, he has worked with Pakistan Poverty Alleviation Fund as Group Head, Financial Services Group in a similar role. Yasir has over 20 years of experience in financial sector of the country and has worked at senior management positions in commercial and investment banks. His areas of expertise include designing policy and strategy, corporate finance, portfolio management, treasury, finance and accounts, development finance, corporate finance, risk management, development of institutions and new financial products and approaches of delivery. He is a fellow member of the Institute of Cost & Management Accountants (ICMA) of Pakistan and holds a Master’s Degree in Economics from University of Sydney, Australia.
Designation:Chief Executive Officer
Mr. Saqib Siddiqui has more than twenty years of experience of working in the microfinance sector of Pakistan. He has held various senior management positions with responsibilities related to growth programming, building institutional capacity as well as promoting inclusive and responsible financial services. He joined Pakistan Microfinance Investment Company (PMIC) as Head of Sector Development in December 2016. As Head of Sector Development at PMIC, Mr. Siddiqui is responsible for development of innovative and inclusive product lines, relationship management with stakeholders, donors, financiers as well as priming for microfinance plus and strategic positioning of the organization both at national and international platforms. Before joining PMIC, he was working as General Manager- Sector Development at Pakistan Poverty Alleviation Fund (PPAF).
Mr. Saqib Siddiqui is a graduate of the Global Institute of Management Science, Lahore and also holds Masters degrees in Business Administration with specialization in Finance and Marketing.
Designation:Head of Sector Development
Mr. Asghar Memon is working as Head of Portfolio Management since December 2016. Prior to joining PMIC, he was working at the Pakistan Poverty Alleviation Fund (PPAF) as General Manager Microfinance Portfolio Management Department. Mr. Asghar has over 22 years of experience including 17 years in financial sector. He has held various senior management positions at different microfinance institutions and Apex institute. His areas of expertise include portfolio management, growth programing while striking balance between return and risk, developing strategic plans, budgeting, process and product innovation, monitoring and supervision, working with mid and small tier microfinance institutions to improve governance and control environments and creating value chains for impact financing as well as improving social performance.
Mr. Memon is an engineering graduate of the Sindh Agriculture University, Tando Jam and also holds Masters degree in Business Administration with specialization in Finance and Masters in Sociology.
Designation:Head of Portfolio Management
Safwat Khalid is a Senior Finance Executive and Chartered Accountant from Institute of Chartered Accountants of Pakistan. Safwat has over 20 years of extensive experience in Banking and Financial Institution sector and exposure in Financial and Management Reporting, Strategy, Analysis, Project Management, Treasury Finance and Taxation.
In his last role as Division Head Finance & Accounts, he was spearheading major functions of Finance & Accounts Department in Samba Financial Group (Saudi Arabia) and supported organization as Lead in implementation of IFRS 9 and VAT. Prior to this engagement he was associated with Samba Bank Limited (Pakistan), Tameer Micro Finance Bank Limited, ORIX Leasing Pakistan.
Designation:Chief Financial Officer
Ms. Neelum Aamir brings with her almost 10 years of diversified experience in Audit & Compliance, Financial Analysis and Reporting, Grants & Partnership Management and has worked with prominent national and international organizations. She is an Associate Chartered Accountant and has completed her article ship with Deloitte Touché Tohmatsu. She joined Pakistan Microfinance Investment Company in 2017 as the Head of Internal Audit Department.
Prior to joining PMIC, she was working as Finance Manager at The Indus Hospital. Previously she has also worked with various international organizations including the USAID, The Global Fund, UNICEF & DFID. Neelum possesses strong financial and technical skills, with an experience of team building and team leading, and a track record of successful reengineering in business processes to achieve efficiency in organizations. She is an ambitious professional who believes that an effective and vibrant Internal Audit Department can strategically align the PMIC with its stakeholders, while safeguarding the assets of the Company and without compromising on the efficiency of the organization. She has demonstrated track record of consistently achieving corporate financial goals and recognized as a hands-on expert problem solver who can rapidly resolve cross-functional business process problems, formulate strategic plans, and implement change, with benefit to the company’s bottom line.
Designation:Head of Internal Audit
Syeda Ambreen Zehra Taqvi
Ms. Ambreen is a seasoned HR professional who brings with her 13 years of diverse experience in the field of Human Resources Management, Recruiting, Organizational Development, HR Business Partnership and Outsourced Services. In her last role she was associated with PTCL as Senior Manager Talent Acquisition and Outsourced Services where she was responsible for integrating the employer branding and talent acquisition Strategy with the overall business strategy of the company. She joined Pakistan Microfinance Investment Company in March 2018 as Head of Human Resources.
Prior to her tenure at PTCL, Ambreen remained Associated with Mobilink (now Jazz) for over 7 years where she was part of the HR Organizational Development, Recruitment Rewards & Performance and HR Business Partnership teams. In her last role at Mobilink she was the Lead HR Business Partner for Technology. Ambreen has also worked as Assistant Director Career Planning at National Accountability Bureau (NAB) for over two years, before joining Mobilink. Ambreen holds a Bachelors and Masters degree in Business Administration from Bahria University and is currently pursuing an LLB degree.
Designation:Head of Human Resources
M Rashid Imran
Mr. Rashid started his career in 2004 with Network Microfinance Bank Limited (Now Apna Microfinance Bank) and then moved to Tameer Bank (Now Telenor Microfinance Bank) in 2005. He joined Pakistan Microfinance Investment Company (PMIC) in 2017 and moved back to Telenor Microfinance Bank in 2019. Rashid’s career spans over 16 years in the Microfinance Industry. His last assignment, before joining PMIC was with Telenor Bank Ltd where he served as Head of Credit Operations. Rashid holds a Bachelors and Masters (commerce) degree from Karachi University Rashid is a seasoned Risk Professional who has diverse experience in the application of Risk Management Practices and Financial Controls.
Designation:Chief Risk Compliance Officer
Mr. Yasir Masud is a Senior Corporate Legal Professional who brings with him 19+ years of diversified experience especially in Corporate Law and Legal & Corporate Governance. He has worked nationally and internationally in the legal field, in markets including Oil & Energy and Banking. His core competencies include Strategic Legal Counsel, Complex Negotiations, Legal Advisory, Management of the Board of Directors & Corporate Governance. His last role was with The First Micro Finance Bank Ltd. as Company Secretary & General Counsel. Yasir has an LL.B (Hons.) degree from the University of Wolverhampton, Holborn College (London). He is also certified to be an Independent Director having completed the Directors Training Program (DTP) from the Lahore University of Management Sciences (LUMS) and registered in the Independent Directors Databank with the Pakistan Institute of Corporate Governance (PICG).
Designation:Company Secretary, Head of Legal & Procurement
M Shuja Ali
Mr. Shuja has BSc (Hons) degree from LUMS and Executive MBA degree from NUST Business School. Currently, he is pursuing Global Masters in Finance at IE Business School, Spain. Shuja’s career spans over 12 years, his last assignment was at Pak China Investment Co Ltd as Div Head, China Advisory and Research at Investment Banking Group, where core responsibilities included advising Local and Chinese Clients for Joint Ventures in Pakistan, Equity Investments, Project Finance & Debt Syndications, Advising Govt of Pakistan for Privatization of State Owned Entities and actively participating in Capital Markets. As Vice President – Corporate Finance & Investment Banking at PMIC, Shuja is handling bonds & syndication transactions in targeted segments, advising and developing innovative and un-conventional (value chain/initiative & impact based) credit structures and evaluating strategic investment & private equity opportunities in the MF sector.
Designation:Vice President - Corporate Finance & Investment Banking
Mr. Hassan Nawaz is an associate member of Institute of Chartered Accountants of Pakistan having more than 10 years of experience of financial reporting, internal and external audits, financial planning and control.
Prior to joining PMIC, he has working with a specialized financial institution where he was heading the financial reporting department. Moreover, he has done his article ship from EY Ford Rhodes.
Designation:Vice President - Finance & Accounts
Mr. Ali Said has a Masters degree in Commerce (Major in Finance) from University of Peshawar and is Diplomate Associate of the Institute of Bankers Pakistan Ali Said started his career with the Bank of Khyber in January 2000. He has over 19 years of experience in Microfinance, Treasury Operations, Money & Capital Markets, Accounts & Finance and Risk Management. In his current role, Ali Said is responsible for Managing Credit Portfolio of Non-Banking Microfinance Companies and Microfinance Banks, nderwriting and Business Development and strengthening relationships with clients and implementation of business strategies to meet lending goals and objectives of PMIC. .
Rahim Nawaz Khan
Mr. Rahim has completed his M.B.A (Finance), M.Phil (Finance), DAIBP, ACIS, and LLB is in process. He started his career as banker. His professional experience spanning over the period of 15 years. He served with National Bank of Pakistan and Pakistan Poverty Alleviation Fund (PPAF) in Business, Credit, Operations, Portfolio Management and Risk Management. Diploma Associate of Institute of Bankers Pakistan (DAIBP), Associate Member Institute of Corporate Secretaries of Pakistan (ACIS). He is currently engaged in managing the credit risk of PMIC’s portfolio including counter party risk management, credit administration, policy and regulatory compliance.
Phone:Assistant Vice President - RMD
Ms. Sara is an associate of Institute of Chartered Accountant of Pakistan and fellow member of ACCA with over 8 years of experience in external audit, business planning and financial control.
Before joining PMIC she was working as Executive Manager Business Planning with Telenor Bank Islamabad. Previously she also worked for Islamabad Serena Hotel as Head of Income Audit. She has done her articleship from KPMG Islamabad Office.
Designation:Assistant Vice President - Financial Reporting
Over my career span of 15+ years, I have developed high performance teams, delivered exceptional customer value, created strong partnerships. I have established the most recognized brands in a competitive market combining traditional and Digital communication.
Fostering growth Marketing techniques, managing and leading partnerships across Government and Corporate sectors solidifying the market leader position in Microfinance inclusion space. I am a person with the ability to deliver challenging tasks and take on projects that have not been done before. While business results are key, I strongly believe in corporate social responsibility and focused on ensuring we target unserved, marginalized segment of the society through the strong Channels and financial streams. This is being recognized globally for driving financial inclusion for unserved.
Being recognized for exceptional leadership and unprecedented results in the most challenging emerging market, I transitioned as a Business professional for Public, Private and Social sector on Digital Marketing, Media Management, Budgeting, Communication Strategies, Marketing, Planning & Forecasting.
Mr. Tufail Ahmed has a Management Science degree in Finance (MBA & B.Com) from University of AJ&K. At PMIC, Tufail is involved in relationship management with borrowers/partners, finalizing credit proposals of potential and an existing borrowers for new or renewal of Investments, monitoring/supervision of the portfolio within team and cross team function, quarterly & annual financial review of the borrowers. Tufail had started his career in NRSP in October 2004 as Credit Officer & his career spans 15 years spent in the Microfinance sector. His last assignment before joining PMIC was with PPAF where he served as Assistant Manager Portfolio Management. Tufail has diverse experience both in retail microfinance as well as wholesale lending to Microfinance providers.
Phone:Manager Portfolio Management
Aliya Fatima Zaidi
Ms. Ailya has completed ACCA and started her career with KPMG Taseer Hadi & Co. in January 2008 as an Audit Trainee. Her last assignment before joining PMIC was with Samba Bank Limited as Manager – Operational Risk. As Manager Operational Risk, Ailya is involved in managing operational risk, and market and liquidity risk.
Designation:Manager Operational Risk
Bilal holds an MBA Banking & Finance degree from University of the Punjab along with being a CFA Level III Candidate. Bilal’s career spans over 14 years with around a decade with MCB Bank. His last assignment before joining PMIC was with Zarai Taraqiati Bank Ltd where he served as Head Risk Management Department.
Bilal has diverse experience in the areas of Operations, Business Continuity, , Financial Planning, Analysis, Credit Risk, Operational Risk, Market & Liquidity Risk.
Designation:Lead Risk - Risk & Compliance Department
Ms. Nizwa Naeem is working in Portfolio Management, with primary focus on relationship management with microfinance institutions (NBMFIs & MFBs). Her major role in the company includes; strategic planning, desk and field reviews, ratings and risk analysis, designing of institutional development packages, proposal preparation, variance analysis of the assigned institutions and reporting. Nizwa has over 9 years of work experience in wholesale lending of microfinance. Before joining PMIC, she was working with Pakistan Poverty Alleviation Fund (PPAF) as Senior Management Executive.
Nizwa has done Master’s in Business Administration (Finance) from International Islamic University Islamabad and obtained different certificates related to microfinance such as Boulder MFT and Advance Programme on Financial Inclusion and Social Performance. Nizwa is passionate to bring positive change in the lives of underserved by enhancing their access to finance.
Designation:Manager - Portfolio Management Department
Aqeel Ahmed Khan
Mr. Aqeel holds a Certificate in Accounting and Finance (CAF) from Institute of Chartered Accountants of Pakistan (ICAP) and he is PIPFA qualified. He also holds a degree in Commerce (B. Com) from Punjab University. Aqeel started his career with A.F. Ferguson & Co. (AFF) in June 2006 as articles student and after completion of articles he has worked as Supervisor with AFF from November 2009 to July 2012. Subsequently, he joined U Microfinance Bank (Ubank) as Manager Finance. Aqeel has more than 13 years of experience in finance operations, financial reporting, auditing and tax. Aqeel loves to read books.
Designation:Manager Finance & Accounts
Farrukh Rehan Khan
Mr. Farrukh Khan is an ACCA affiliate and has completed his Bachelors in Commerce from Karachi. Farrukh is a dynamic and seasoned professional whose experience spans over a period of 10 years in a variety of Governance and Compliance roles of well reputed organizations like Deloitte, Tameer Microfinance Bank, Standard Chartered Bank, Meezan Bank. As Manager Internal Audit, Farrukh is involved in the planning and execution of risk based internal audits as well as independently reporting on controls and governance matters. Farrukh focuses on strengthening the controls and risk assessment procedures to enable PMIC combat against the potential risks.
Designation:Manager Internal Audit
M Faheem Khalid
Mr. Muhammad Faheem Khalid has an MBA degree from FAST School of Management – Islamabad. He is currently working as Manager Sector Development in PMIC. Faheem is involved in designing and deployment of microfinance plus projects and data management. He has worked on different projects pertaining to sectors including Value Chains (Enterprise and Agriculture), Micro Insurance, Digital Finance and Renewable Energy. His career spans over 9 years and has previously worked at Pakistan Poverty Alleviation Fund – PPAF and Publicis Pakistan.
At PPAF he had worked in the Financial Services Group and held the position of Management Executive. He had also worked in the domain of knowledge management and worked as Public Relations executive at Publicis Pakistan, a French multination in communications.
Designation:Manager Sector Development
Ahmed Saleh Jamal
Mr. Ahmed Saleh Jamal is a result driven & accomplished Business Development Engineer with Bachelor’s Degree in Mechanical Engineering and Masters in Business Administration & Supply Chain Management. Ahmed has a diverse experience of around six years in Procurement, Supply Chain Management, Sales & Marketing and Business Development in renowned organizations like PEL and Linde Group Germany. Ahmed aims to bring in strategy to find cost effective deals, suppliers and to discover the best ways to cut procurement expenses, so that the company can invest in growth and people.
Mr. Khurram has joined Portfolio Management Department in June-2019 as a Manager Portfolio Management. He is MBA Finance from COMSATS Institute of Information & Technology Lahore and CFA Level III Candidate 2020. Khurram started his career with Sindh Bank Ltd in Sep 2012 and after completing 05 years of service in credits moved to Faysal Bank Ltd in Credit Risk Review Department. His career spans over seven years with most of it spent in banking sector. His last assignment, before joining PMIC was with Allied Bank Ltd where he served as Senior Officer CIBG Risk Review.
Designation:Manager Portfolio Management
Mr. Hassan Farooq has a Masters degree in Business Law and Professional Accounting from Monash University. He is also a certified Anti Money Laundering Specialist from CAMS. Hassan started his career with Fauji Fertilizer Company in October 2013 as a Management Trainee – Financial Planning. After completing his Masters he re-joined FFC and worked as Compliance Executive, which was his last assignment before joining PMIC. As a Manager Compliance and CAD, Hassan is involved in ensuring compliance of lenders with financial and non-financial covenants along with PMIC’s compliance with SECP and other regulators.
Designation:Manager Compliance & CAD
Ms. Afia has a BSC Honors degree in Management Information Systems (MIS) from The London School of Economics and Political Science (LSE) with a Postgraduate degree in Human Resource Management. She is working at PMIC as an Assistant Manager – CEO Office. In her role at PMIC, Afia is involved in diverse tasks including communications, publications, human resource and relationship management with internal and external stakeholders.
She has previously worked closely with many Senior Executives of several multinational organizations such as VEON, JAZZ (Mobilink) and MOL Oil and Gas Co. Ltd. In her 8 plus years of corporate experience she has developed core competencies and a skill set that directly correlates with the role assigned to her. She has also polished her skills well in networking, written & oral communications.
Phone:Manager CEO Office & Corporate Communications
Syed Ahsan Abbas Naqvi
Mr. Syed Ahsan Abbas Naqvi joined PMIC in June 2018 as an Assistant Manager, Research & Strategy. Before that he was studying Accounting & Finance at Lahore University of Management Sciences (LUMS). At PMIC, Ahsan is responsible for shareholder reporting on development and a few financial indicators, publication and circulation of PMIC’s Quarterly Insight, managing impact assessment studies, and assisting in monitoring of MF Plus projects.
Designation:Assistant Manager Risk
Ms. Hajra Habib is involved in financial operations management and financial and stakeholder reporting. Prior to joining PMIC, she worked as an Investment Banking Analyst on several key transactions in Private Equity and Debt Syndication to bring foreign investment into Pakistan. Hajra has sound expertise in financial modelling and analysis, with past experiences in project management and social outreach. Hajra holds an MSc degree in Accounting and Finance from The London School of Economics and Political Science (LSE), with a specialization in Finance.
She completed her BSc (Hons) in Accounting and Finance from the Lahore University of Management Sciences (LUMS) with a Distinction and was on the Dean’s Honor List throughout the program. Hajra is passionate about adventure travel, and her bucket list destinations include trekking the K2 Base camp and diving in the Great Barrier Reef.
Designation:Assistant Manager Finance & Accounts
Ms. Kiran had started her career in March 2008 in Bizpak pvt ltd in June 2008. She joined Pakistan Poverty Alleviation Fund as Receptionist and was promoted as Admin Associate. Her total work experience in PPAF is over 8 years. She joined PMIC in Feb 2017 as a Receptionist and was promoted as Assistant Manager Admin.
Designation:Assistant Manager - Admin
Ms. Arusha Latif has a Bachelors of Sciences degree in Accounting and Finance from National University of Sciences & Technology, Islamabad. At PMIC, she is involved in assessing and evaluating microfinance institutions, business & portfolio development, financial management & analysis, and commercial negotiations with the borrowers. Arusha started her career with the banking industry two years ago as a management trainee in Bank Alfalah.
Her last assignment before joining PMIC was with Bank Alfalah where she served as an Assistant Manager Business Analytics and Portfolio Management. Arusha has cleared her CFA level 1 and JAIBP Stage 1. She is passionate about financial inclusion and Financial Technology.
Designation:Assistant Manager Portfolio Management
Mr. Sulman is an ACCA Member. He joined Zarai Taraqiati Bank Ltd in March 2010 and after completing 3 years of training moved to Khushhali Microfinance Bank Ltd in 2014. His career spans over 8 years with most of it spent in the Financial sector. His last assignment, before joining PMIC was with Khushhali Bank Ltd where he served as Executive Fixed Assets and Branchless Banking.
Sulman has diverse experience in the application of International Accounting Standards and well verse experience of implementing ERP (Oracle Financials) . He has good understanding of planning, inception, implementation & control of projects.
Designation:Assistant Manager Finance & Accounts
Ms. Zainab holds degrees in Bachelors in Business Administration (BBA) from IBA, Karachi and Master’s in Human Resource Management (MHRM) from SZABIST, Islamabad. Her career spans over 4 years, working with various facets of HR Departments of multinational organizations. She has exposure to interact at local and international level in HR related issues and procedures.
She joined KeepTruckin in March 2017 as Operations Recruiter working directly with Headquarters based out of San Francisco. After KeepTruckin, she moved to VEON Global Shared Services as Recruitment and On-boarding Specialist, working directly with Headquarters based in Amsterdam. Before joining PMIC she was working with Ciklum Pakistan as Assistant Manager Human Resources.
Zainab Specializes in Talent Acquisition, HR Analytics, HR Business Partnering, Talent Development, HR Operations, Corporate Communication, Employee Engagement Programs and Culture Management.
Designation:Assistant Manager HR & Admin
Ms. Hilya Zaman has an MBA and BBA (Hons) from Bahria University. In her role at PMIC, Hilya is managing day to day engagements with partner Commercial Banks, Financial Intermediaries, Multilateral agencies, International Investors, MIVs & Int. Impact Funds etc. to meet company’s overall Banking requirements, which includes (but not limited to) long term & short-term credit facilities, currency & rate hedging, Transaction Banking, Credit Enhancement arrangements etc.
Prior to this she has more than 8 years experience of working as Relationship Manager with reputable private and semi-government banks including BankIslami Pakistan Ltd, Pak-Kuwait investment Co. Ltd and Pak-Brunei investment Co. Ltd. Her corporate experience includes assisting clients with expansion to increase profitability, safeguard market position, assessing the target organization, knowledge of legal and regulatory issues, sound financial knowledge and in-depth understanding of client’s industry.
Designation:Assistant Manager Corporate Finance & Investment Banking
Komal holds a Master’s degree from The University of Manchester. Komal started her Career from Khushhali Microfinance Bank in 2018 and later joined JS Bank in March 2020. Komal has diverse experience in managing and researching both commercial and microfinance products. She has good knowledge of the microfinance industry, along with implementation & monitoring of projects.
Designation:Assistant Manager Projects
Muhammed Amir Bajwa
Amir has done his BSc in Geophysics from Imperial College London. He has experience in programming and data analysis. His thesis involved developing his own predictive model on where seismic events may occur. Amir has experience in ETL processes and has carried out a variety of different field surveys. He has a good understanding of data visualization and database development.
Designation:Assistant Manager Research - Risk and Compliance Department
Syed Hammad Ghaznavi
Hammad holds a MBA degree from Bahria University Islamabad. He joined Lafarge Pakistan Cement Limited in March 2015 and after completing 1 years he had joined Bestway Cement Limited in 2016. His career spans over 6 years with most of it spent in the Finance Treasury sector. His last assignment, before joining PMIC, he was with Bestway Cement Limited where he served as Treasury Officer.
Hammad has diverse experience in the Treasury operations including Trade Finance as prime key area along with Cash Management, Investments, Marine insurance. He has good understanding of Cash Forecasting and UCP 600.
Designation:Assistant Manager Treasury - Finance and Accounts Department