Mr. Manzoor Ahmed joined Askari BankLimited as a Nominee Director -NIT on May 20, 2013. He is Acting Managing Director – NIT which is the largest Asset Management Company of Pakistan, currently managing investment portfolio worth over Rs. 80 bn. He has experience of over 24 years of the Mutual Fund industry. 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 locally and internationally. He represents NITL 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.
Syed M. Husaini joined the Bank as President & Chief Executive on June 03, 2013.
Mr. Husaini is Masters in Economics from Karachi University and has obtained professional certifications by the National Association of Securities Dealers, USA and North American Securities Administrators Association.
He brings experience of over 30 years in Banking, of which the first ten years were spent overseas with a number of International Banks in Kenya, Sierra Leone, South Africa and the Middle East. His assignments led him to successfully manage diversified areas of banking business including foreign trade finance, Commercial and Corporate finance and Liability management. He played a significant role in developing training programs and has remained faculty member with a number of Financial Institutions.
Through a major part of his career, Mr. Husaini has held key positions which required expertise in startups of Financial Institutions, infrastructural and business development for Commercial Banks in developing countries. He helped in establishing the Rozgar Micro Finance Bank at Karachi and became the first CEO of that Bank. This provided him with a perspective on issues of poverty alleviation through a program of small business loans.
His other major assignments in Pakistan include President KASB Bank, CEO of a Modaraba, Head of Corporate Banking Group, MCB and at National Bank of Pakistan.
Mr. Qaiser Javed joined the Board of Directors on June 20, 2013.
Mr. Qaiser Javed Fellow Member of Institute of Chartered Accountants of Pakistan and Fellow Member of Institute of Taxation Management of Pakistan, joined Fauji Foundation in early 1976 and presently is working as Director Finance of Fauji Foundation and Chief Executive Officer of Dharaki Power Holding Limited & Foundation Wind Energy Limited I & II. He is director on the Board of Fauji Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Mari Petroleum Company Limited (Formerly Mari Gas Company Limited), Fauji Cement Company Limited, Fauji Kabirwala Power Company Limited, The Hub Power Company Limited and Laraib Energy Limited besides being CEO of an off-shore company having Asian Development Bank as co-equity holder. He is also Chairman/member for various Board Committees.
Mr. Asif Reza Sana is a senior banker. He has previously worked with world-leading multinationals in the fields of Finance, General Management and Marketing. He holds an MBA and has been trained at the Institute of Management Development in Lausanne, Switzerland and INSEAD, France.
In 1988, he was headhunted by Philip Morris, and made Marketing Manager for the Middle East, North Africa and Eastern Mediterranean region. Philip Morris was the largest consumer products company in the word at the time, and Mr. Sana was at the forefront of the 1980’s price war with RJR Nabisco. During the collapse of the Soviet Bloc in 1989 he was a member of the task force that established new business in Central and Eastern Europe through acquisitions, licensing and joint ventures. In 1991, while based at the international headquarters in Switzerland, he was appointed to the coveted position of Group Brand Manager for Philip Morris’ legendary flagship brand, Marlboro – the brand generated global annual sales in excess of $26 billion that year. He authored the 1993 Marlboro manual. Same year he was appointed country head of UAE and was subsequently promoted to a leadership role as the Head of Arabian Gulf Countries in the Middle East in 1995. There he was responsible for global pricing strategies, financial management across several countries and currencies with complex tax structures and a multinational workforce based in several countries.
After moving back to Pakistan, he was appointed as Advisor to the Board of Directors of Union Bank in 2000. He conceived, negotiated and closed the acquisition of Emirates Bank in Pakistan and Meshraq Bank in Sri Lanka. These acquisitions resulted in a two-fold increase in the bank’s earning assets and doubled its balance sheet footing to US$ 2.2 billion. He was then appointed SEVP and elected to the Board of Directors to assume the crucial role of Executive Director of the bank, having fiduciary and management roles simultaneously.
He was one of the key leaders in making Union Bank a premium financial services brand, ranked as the 6th largest bank, by profitability, in 2005. The majority shareholders then gave him the mandate to develop and implement an exit strategy. He conceived, negotiated and closed the sale of Union Bank to Standard Chartered at a landmark price of PKR 29 billion (US $ 485 million) – the highest multiple in the Pakistani banking industry.
He is multilingual, the trustee of a charity, as well as an avid golfer, skier, and wing-shooting sportsman.
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.