Company's Profile

Our Management


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.

Ather Husain Medina – Director Business Development

Ather Medina is a qualified professional with extensive work experience of over 24 years in the financial sector. Prior to joining BIPL Securities, he has worked on both BUY side and the SELL side. His immediate prior assignment was as Director Business Development at Shajar Capital (Pvt.) Ltd. Earlier, he has worked at Alfalah GHP Investment Management Ltd. as Chief Investment Officer, Invest Capital Investment Bank Ltd. as Head of Business Development and Atlas Asset Management as Chief Investment Officer, and Chief of Operations. He has also worked with some other leading organizations which include National Investment Trust where he was heading the Research team, and SG Securities (HK) Holdings Ltd. and Indosuez W.I Carr Securities Pakistan in the Investment Research area. His expertise includes the banking sector of Pakistan as well, in which he worked at two leading commercial banks, Habib Bank Ltd. and MCB Bank Ltd. Mr. Medina is an MBA from the Institute of Business Administration (IBA), Karachi and holds Computer Science degree from National University of Computer and Emerging Sciences (FAST-NU), Karachi.

Abdul Aziz Anis, CFA – Director, Head of Equity Brokerage

Abdul Aziz is an investment management and capital markets specialist with multifaceted plus 21 years of successful track record spread over brokerage, asset management, investment advisory, wealth management and investment banking. His in-depth “C” level experience has led to strong leadership and expertise in establishing, running and growing business not only across product lines but also regionally and globally.

He has previously worked as Managing Director Investment Strategist in Asset Management at NCB Capital, Saudi Arabia, which managed close to USD 16bn in AUMS across diverse asset classes. He has actively worked in structuring and launching the largest employee’s savings plans in the MENA region worth approx. USD 3.3bn. He has been the founding Chief Executive Officer of Alfalah GHP Investment Management Ltd, an asset management and investment advisory firm, and the Founding Executive Director of Alfalah Securities Ltd, a full service brokerage house. Earlier, he was the Chief Executive Officer of Elixir Securities (formerly Indosuez W.I. Carr Securities) which was the largest foreign brokerage in the country at the time.

Abdul Aziz is a Chartered Financial Analyst (CFA) from the CFA Institute USA and holds a Master degree in Business Administration (MBA Finance) from the Institute of Business Administration (IBA), Karachi.

Sumair H. Malik – Head of International Sales

Mr. Malik has over 16 years capital market experience and is Series 7 and Series 63 qualified. He started his career on Wall Street with Prime Charter New York with a focus on expanding and managing the allocated client base. He later joined Joseph Gunnar & Co. New York as a portfolio consultant determining client asset allocations for lead accounts. Mr. Malik shifted to Pakistan in 2003 and was part of the founding team at AKD Securities Limited in setting up Pakistan’s first online retail platform which revolutionized trading at the Karachi Stock Exchange. He then moved to the buy side of AKD investment management Ltd, and AMZ asset management. In 2007-2008 Mr. Malik rejoined the sell side and his responsibilities at Fortune Securities Limited included empanelment and management of some of the leading domestic financial institutions and high-net-worth individuals.

Abid Rehman Qureshi – Head of Money Market and Fixed Income

Mr. Abid Rehman Qureshi holds a Bachelor of Computer Science degree. Mr. Qureshi Joined BIPL Securities Ltd. (Formerly KASB Securities Ltd.) in November 2003 as Dealer Fixed Income. He has over 14 years of experience of dealing in money market and Fixed Income. Prior joining to BIPL Securities he was associated with First Capital Securities, he has also served in Standard Chartered Bank as Business Development Executive.

Muhammad Mustafa – Head of Forex

Muhammad Mustafa holds a Bachelor’s of Science degree from Karachi University. Mustafa Joined BIPL Securities Ltd. (Formerly KASB Securities Ltd.) in December 1998 as Dealer Forex. Since 2004 he is working as a Head of Forex. He has over 18 years of experience of dealing in Forex. Prior joining to BIPL Securities he was associated with Kaiser Financial Services as Dealer Forex, he has also served Al-Maktaba Company Limited (Saudia Arabia) as Senior Sales Executive.

Zafar Ahmed Khan – Chief Financial Officer

Zafar has over 15 years of experience in Internal Audit, Risk Management & Compliance, Company Secretary, Financial & Management Accounting, Management Reporting and Financial Analysis. Prior joining to BIPL Securities, he was associated with Modaraba Al - Mali as Chief Financial Officer since December 2013, he has also served Elixir Securities (Pvt) Ltd., as Head of Finance & Accounts and Head of Risk Management & Compliance. He is an Associate member of Institute of Cost and Management Accountants of Pakistan.

Kashif Shahzad – Company Secretary

Kashif Shahzad has over 8 years’ experience in Audit and Assurance, Internal Audit and Accounts & Finance. He has completed his articleship from KPMG TH & Co. Chartered Accountants and has worked with Karachi Education Society and UNAIDS & Global Fund affiliated project in Pakistan where he utilized his expertise in Financial and Administrative matters. He is an associate member of Institute of Chartered Accountants of Pakistan and Pakistan Institute of Public Finance Accountants.

Ilyas Ahmed – Head of Compliance

Ilyas Ahmed has over 24 years’ experience in Investment Banking, Risk Management and Compliance and Capital Markets. He has advised in areas of IPO, underwriting, private placement, privatization, book building, takeover, restructuring, delisting, due diligence, debt syndication, etc. His clients’ list includes Hubco, Siemens, EFU Life, Commercial Union Life Assurance, Lafarge Cement, Engro, Pioneer Cement, Faysal Bank, TRG, Standard Chartered Bank, ANL, LOTTE, etc. Ilyas has also worked with the Pakistan Stock Exchange where his role covered listing and delisting of companies, review of capital market regulatory framework that included drafting of several laws besides monitoring regulatory compliance of the listed companies. Ilyas is an associate of Cost and Management Accountants, Corporate Secretary and Masters in Economics.

Sohail Ahmed – Head of Administration

Mr. Sohail is a seasoned professional with strong knowledge of planning, organizing, directing and controlling in office and project management. He has successfully completed different category branch structures from inception to completion in financial and travel sectors. Prior to joining BIPL Securities, he was associated with NBP Fullerton Asset Management Limited as Head of Administration. He has diversified experience and extreme exposure to fraud and conflict management.

He holds a Master’s Degree in Management & Administrative Sciences with major in Human Resources Management. He holds a diploma in Public Administration. He also holds a diploma in Industrial Relations & Labor Laws. He is a passionate gardener and animal lover.
Financial Report

For more details visit our