Syed Iqbal Ashraf has over 40 years banking experience in senior positions. His professional experience started from United Kingdom (where he did his schooling), then United States of America in the East & West coast followed by United Arab Emirates and finally in Pakistan since early 1990s. He has major experience in Corporate and Investment banking. He is also professionally qualified Accountant from United Kingdom and is a Fellow of the Association of Certified Accountants from UK.
He has recently completed his three year term in January 2017, as The President and Chief Executive Officer of National Bank of Pakistan, the largest bank in Pakistan. During his tenor NBP achieved many milestones unprecedented in the 70 years history of NBP. The bank turned around making huge gains in its shareholders value.
Prior to joining NBP, Mr. Ashraf was the Managing Director of PAIR Investment Company, Pak-Iran Joint Venture Investment company, sponsored by Governments of Islamic Republics of Pakistan and Iran.
Mr. Ashraf was also instrumental in establishing Pak China Investment Company on behalf of Government of Pakistan and was its Deputy Managing Director.
Prior to this he was the Managing Director and Chief Executive Officer of Bank of Khyber.
Mr. Ashraf was also Country Head of Investment and Financial Institutions for SG (Societe Generale) in Pakistan and was appointed as Financial Advisor to the Privatisation Commission to privatize United Bank Limited, which was successfully privatized.
Mr. Ashraf has been on the boards of several large institutions in the country.
Dr. Nadeem Inayat joined the Board of Directors on June 20, 2013.
Dr. Nadeem Inayat is the Director Investment of Fauji Foundation. He holds a Doctorate in economics with rich and diversified domestic as well as international experience in the financial system of over 26 years. His work experience can be broadly categorized into corporate governance, policy formulation and deployment, project appraisal implementation, monitoring & evaluation, restructuring and collaboration with donor agencies.
As Director Investment he is managing the investment portfolio of Fauji Foundation Group. He is also on the Board of Fauji Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Fauji Oil Terminal & Distribution Company Limited, Fauji Akbar Portia Marine Terminal Limited, Daharki Power Holdings Limited, Foundation Wind Energy – I Limited, Foundation Wind Energy – II (Private) Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Pakistan Maroc Phosphore S.A., and Foundation University.
He also conducts various academic courses on Economics, International Trade and Finance at reputable institutions of higher education in Pakistan.
Mr. Rehan Laiq joined the Board of Directors on December 01, 2018. He is member of the Board Audit Committee and Board Risk Management Committee of Askari Bank Ltd.
Mr. Rehan Laiq is a qualified Chartered Accountant (FCA) with over 22 years of proven track record in developing business strategies, delivering results, developing organizational capability of infrastructure and acquisitions.
He carries vast international experience of Financial Management at a senior level in his career with Schlumberger in multiple countries of Middle East, Asia, Russia and North America.
Mr. Rehan Laiq brings with him diverse experience of policy Compliance, Management Reporting, External and Internal transformation (e.g, optimum utilization of resources for the business) and Analytical Business support to ensure profit maximization.
Besides being Director Finance Fauji Foundation, he is also on the Board of Fauji Fertilizer Company Ltd, Fauji Fertilizer Bin Qasim Ltd, Mari Petroleum Company Ltd, Dharaki Power Holdings Ltd, Foundation Power Company Dharaki Ltd, Foundation Wind Energy I Ltd, Foundation Wind Energy II (Pvt.) Ltd, Fauji Kabirwala Power Company Ltd, Fauji Cement Company Ltd, Askari Cement Ltd, Fauji Oil Terminal and Distribution Company Ltd, Fauji Akbar Portia Marine Terminal Ltd, FFC Energy Ltd, Fauji Fresh n Freeze Ltd, FFBL Foods Ltd, Fauji Meat Ltd, FFBL Power Company Ltd, Fauji Foods Ltd (FFL), Fauji Infraavest Foods Ltd and Fauji Electric Power Company.
Mr. Manzoor Ahmed is presently working as Managing Director, National Investment Trust Limited. Being COO, since 7 years, Mr. Ahmed has been successfully managing the operations and investment portfolio worth over Rs. 100 bn. He has experience of over 28 years of the Mutual Fund industry and has been placed at many key positions within NIT that includes capital market operations, investments, research and liaising with the regulatory authorities. He is M.B.A. and also holds D.A.I.B.P. At present, he is a candidate for CFA Level III. Mr. Ahmed has attended various training courses organized by locally and internationally reputed institutions like London Business School (LBS) UK and Financial Markets World, New York (USA). He represents NIT as Nominee Director on the Board of Directors of many leading national and multinational companies of Pakistan. Mr. Ahmed is also a Certified Director from Pakistan Institute of Corporate Governance.
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired) joined the Board of Directors on June 20, 2013.
Lieutenant General Muhammad Mustafa Khan, HI (M) (Retired), was commissioned in Pakistan Army in April, 1974. During his long meritorious service in the Army, the General Officer had been employed on various command, staff and instructional assignments including the prestigious appointment as Chief of General Staff and Corps Commander of a Strike Corps/Commander Central Command.
The General is a Graduate of Command and Staff College Quetta and Command & Staff College Fort Leavenworth USA. He is also a graduate of Armed Forces War College Islamabad (National Defence University) and completed Senior Executive Course from USA and holds Master Degrees in War Studies and International Relations. He has attended Finance for Executives Course at INSEAD France.
In recognition of his meritorious services, he has been conferred the award of Hilal-e-Imtiaz (Military). The General brings along a vast and diversified experience in operational, administration, management and evaluation systems up to various level of Command.
Presently the General holds the offices of Managing Director of Fauji Foundation and is Chairman on the Board of various Fauji Group of Companies including Fauji Cement Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Cement Company Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Kabirwala Power Company Limited, Foundation Power Company (Daharki) Limited, Daharki Power Holdings Limited, Fauji Akbar Portia Marine Terminal Limited, FFC Energy Limited, Foundation Wind Energy-I Limited, Foundation Wind Energy-II (Pvt) Limited and Managing Director of Fauji Oil Terminal & Distribution Company Limited. After the recent acquisition of Askari Bank Limited by Fauji Foundation Consortium, Managing Director Fauji Foundation is also Chairman of the Bank.
An avid reader and a keen golfer.