Corporate Governance

Board of Directors

Kamal Uddin Tipu – Chairman
Kamal Uddin Tipu is a PhD in International Relations & Politics and a Masters in Conflict Transformation from Eastern Mennonite University Harrisonburg VA USA. A diploma in International Human Rights Law and MSc in Civil Engineering having over 28 years of experience.

His experience includes member of National Counter Terrorism Authority (NACTA), Acting Chairman PEMRA, Police planning advisor at UNOAU, Deputy Inspector general of police, Islamabad, Sector Commander and Director Planning & Coordination National Highways & Motorway Police, Islamabad.

He has written various papers on the subjects of Conflict Analysis, Nonviolence, Negotiations, Dialogue, Peace building, Community Policing, and Restorative Justice as requirement of the Masters Degree in the field of Conflict Transformation under the Fulbright program at Eastern Mennonite University Virginia, USA. He was a Visiting speaker National Institute of Public Administration and Pakistan Academy for Rural Development Peshawar delivering talks to Nazims and Police Officers on policing issues.

Anwer Ahmed Sheikh – Chief Executive Officer

Anwer Sheikh has over 27 years of experience in Financial Consulting and Corporate Finance. He has been involved in various advisory engagements including but not limited to Privatization, Merger & Acquisition, ADB Technical Assistance Programs for Pension and Provident Fund Reforms and Custom Tariff Reforms. He has demonstrated track record of structuring several securitization transactions under Asset Backed Securitization Rules 1999 for listed and privately placed issues. He has also served on the Boards of different private and listed companies and possesses extensive skills in dealing with Financial Institutions, Regulators, Ministry of Finance and Privatization Commission. Anwer is a graduate from the University of Karachi and holds a Master degree in Business Administration from the Institute of Business Administration, Karachi.

Sikander Kasim

Mr. Sikander Kasim is a Fellow member of Institute of Chartered Accountants of Pakistan with over 30 years of experience in cross sector of listed companies. He joined Ford Rhodes Robson Morrow to pursue Accounting Certification after his B.Com from University of Karachi. He was admitted as an Associate Member of ICAP in the year 1991. His work experience revolves around financial and corporate affairs, including the office of Chief Financial Officer. He has major insight of public offering, treasury function and mobilization of funds for the enterprise. Majority of his experience pertains to refinery sector.

Saad Ahmed Madani - Director

Saad Ahmed Madani is the Regional General Manager for Corporate South for BankIslami Pakistan Limited and has been associated with them since 2007. A Chartered Accountant by qualification he has 15 years post-qualification experience in the fields of corporate banking, investment banking and credit analysis.

Khawaja Ehrar ul Hassan – Director

Mr. Khawaja Ehrar ul Hassan is currently working as Country Head of Compliance and legal in BankIslami Pakistan Limited (BIPL). He has also worked as Acting Chief Financial Officer, Company Secretary and Head of Fraud Control in BIPL. Prior to this, he was associated with two leading banks of Pakistan i.e. Allied Bank Limited and United Bank Limited. He has more than thirteen years diversified experience in regulatory compliance, legal, internal control, accounts, finance, corporate matters, fraud investigation, corporate governance and internal audit in Pakistan and middle east. He is voluntarily working as Board of Governor of two reputed professional accounting bodies of Pakistan i.e. Institute of Cost and Management Accountants of Pakistan (ICMAP) and Pakistan Institute of Public Finance and Accountants (PIPFA).

He has various academic and professional qualifications as mentioned below:
  1. Fellow Cost and Management Accountants of Pakistan.
  2. Advance Diploma in Management Accounting from CIMA, UK.
  3. Certified Internal Auditor (CIA) from the Institute of Internal Auditors (IIA), Florida, USA.
  4. Qualified Corporate Secretary from the Institute of Corporate Secretaries of Pakistan (ICSP).
  5. Diplomaed Associate of the Institute of Bankers (DAIBP).
  6. Masters in Economics from the Karachi University.

Natasha Matin – Director
Natasha Matin is an MBA having over 16 years of diversified banking experience in corporate finance, investment banking and risk management. She has been working with Bankislami since 2007 and is presently heading the consumer and corporate credit division of the bank. Prior to her current assignment she worked with Pak Oman Investment Co. as Vice president/Team leader credit & marketing where she was instrumental in forming the advances portfolio comprising of blue chip corporates. She started off her career at ORIX Group in 1999 where she was part of credit & marketing team there.

Sohail Sikandar – Director
Sohail Sikandar is the Chief Financial Officer for BankIslami Pakistan Limited and has been associated with them since May 2016. A Chartered Accountant by qualification he has over 16 years of post-qualification experience in the field of business and strategic planning.

He has been Instrumental in securing USD12.9mn in 2009, USD23mn in 2011 and USD 6mn in 2013 capital funding from the Bank Al-Khair Bahrain(formerly Unicorn Investment Bank) and Islamic Corporation for the Development of the Private Sector, Jeddah (ICD). He was an integral part of the team responsible for selection and implementation of Core Banking Application (iMAL-Path Solutions) and successfully migrated system in record 9 months in 2012.

He has led due diligence projects for proposed merger with potential targets, delivering critical insight, valuation, potential synergies and advisory to the Board and single handedly managed certain delinquent investments. He worked closely with Business Groups in reducing Cost of Funds and recovery from non-performing financings and setting up of strong MIS units.

Financial Report

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