Anwer has over 30 years of experience of capital markets in Pakistan. In his current role, he is heading one of the leading stock brokerage operations in Pakistan. BIPL Securities Limited is a listed company on Pakistan Stock Exchange (PSX), with a capital base of PKR 1 billion (USD around 10 million), ten (10) offices across Pakistan and staff support of 200+ professionals.
Prior to his current engagement he worked as CEO of AKD REIT Management Company and was instrumental in developing and improving REIT regulations with Securities & Exchange Commission of Pakistan (SECP).
He started a boutique corporate finance advisory company in 2003 and successfully managed deal flow of around USD 100 million (calculated at the then USD to Rs. conversation rate), primarily raising debt and/or equity for corporates.
Anwer’s experience in Pakistan’s capital markets puts him amongst the leading corporate finance professionals with demonstrated experience track record and strong technical & project management skills to arrange, coordinate and lead team of professional including accountants, valuers, legal counsels etc. for managing and executing transaction time line. He has been instrumental in structuring and executing several first transactions in Pakistan including setting up of first Telecom Media and Technology (TMT) company, securitization of receivables, acquisition financing, merger of Modaraba etc.
He served as Director, Corporate finance to Deloitte & Touché Pakistan from 1995 – 2000 working as leader for Privatizations, Mergers & Acquisitions and multilateral agencies technical assistance programs.
Anwer holds master’s degree from Institute of Business Administration (IBA) Karachi and is a certified Director, from Institute of Cost and Management Accountants of Pakistan. He is a member of Institute of Capital Markets and has been awarded Stock Brokers Certification, Pakistan Market Regulations Certification and Fundamentals of Capital Market certification by Institute of Capital Markets through their grandfathering policy.
Zulfiqar Hyder Khan – Chief Operating Officer
Mr. Zulfiqar has over 24 years of experience in various areas of Operations, Fund Management, Risk Management, Financial Reporting, Internal Control, Finance & Accounts, Online Trading and Branch network.
He was previously the Chief Operating Officer of several organizations in the Capital Markets sector including JS Global, Shajar Capital, KASBIT, KASB Real Estate Developers, KASB Foundation – Bukhari Traders, IGI Finex Securities, JS Finance Ltd and AKD Securities. Previously, he has also worked in KASB Securities Limited in different positions.
He is also credited for launching the online trading platform at JS Global, AKD and IGI Finex Securities and also helped establish several branches across the country within a year.
He is an Associate Member of Cost & Management Accountants of Pakistan, Associate Member of Corporate Secretaries of Pakistan (ACIS) and a Commerce graduate from the University of Karachi.
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.
Uzma Sheriff – Company Secretary
Uzma Sheriff has over 12 years’ of experience with Financial Institutions in Finance and Accounts and Company Secretary.
She has worked as Acting Chief Financial Officer and Company Secretary at Pak Oman Microfinance Bank Limited.
She has also served SME Leasing Limited-Subsidiary of SME Bank Limited as Manager Finance and Accounts.
She is an Associate Member of Institute of Cost and Management Accountants of Pakistan.
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.
Nazim Abdul Muttalib – Head of Institutional Sales
Nazim has rich experience of over 12 years in brokerage, fund management and banking (treasury). He has managed equity funds in excess of PKR 15bn and has successfully and consistently generated alpha for investors. On the sell side he advised institutional clients on their equity investments in the local market. His work experience encompasses renowned firms such as MCB-Arif Habib Savings and Investments Ltd, The Bank of Khyber, Soneri Bank Ltd and Elixir Securities Pakistan (formerly Indosuez W.I Carr Securities).
His strengths include a fine understanding of capital markets together with the ability to anticipate market trends and outlook. He is a highly respected professional whose advice is valued by industry participants.
Mr. Nazim is an M-Phil scholar in Finance and MBA in finance from (PAF-KIET). He also holds two professional qualifications such as Associate Chartered Manager “AICM” and Fellow member of Institute of Public Finance Accountants “FPFA”. Furthermore, he regularly teaches finance electives to MBA students in leading universities of Karachi, Pakistan.
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.
Jehanzaib Zafar – Head of Research
Jehanzaib has a total of 6 years of professional experience of which 4 years is pure sell-side equity research related. He has overall responsibility of leading the research team by focusing on macro and fundamental analysis. His strength includes in-depth knowledge about the local economy and the banking sector. Previously, as part of research team he has also covered other sectors such as energy, textiles, telecom and FMCG. He is well reputed in the market with local and international investors for his astute and timely investment recommendations and ideas.
Prior to joining BIPL Research, he has worked in BMA Capital Management as Senior Analyst and in Magnus Investments as an analyst.
He has done his MBA in Finance from the Institute of Business Management (IoBM) in 2010 and Bachelors in Computer Sciences in 2008. He is also a CFA Level 3 candidate.
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.
Syed Iftikhar Ali – Head of Information Technology
Mr. Syed Iftikhar Ali is a qualified professional with extensive work experience of over 20 years in the Field of Information Technology.
Prior joining to BIPL Securities, he has worked at Inter market Securities as Head of IT, He has worked at KASB Securities Limited as a Senior Manager Applications and managed online trading applications for retail and foreign institutional clients, development of MIS applications and Dashboard to serve business users.
He also worked at AppXS Private Limited where he has the privilege to launch Pakistan s first ever online shares trading software for AKD securities and Later Worked as a Project Manager to developed Fund Management System for several Asset Management Companies.
He earned his Master's degree in Physics and Computer Science from University of Karachi.
Syed Sameer Abbas Ali, ACA – Head of Internal Audit
Sameer has over 6 years of experience in External and Internal Audit, Finance, Compliance, Management Reporting and Financial Analysis. Prior to joining BIPL Securities, he was associated with Shajar Capital Pakistan (Private) Limited as Manager – Finance and Compliance since June 2016. Before Shajar, he was working with Riaz Ahmad, Saqib, Gohar & Co. Chartered Accountants (AGN International) as Manager – Audit & Assurance since June 2014.
He is an associate member of Institute of Chartered Accountants of Pakistan.
Muhammad Shafiq – Head of Compliance
Shafiq has 5 years of professional experience in External and Internal Audit, Finance and Compliance. Prior to joining BIPL Securities Limited, he was associated with Taurus Securities Limited as Manager – Compliance. He has also worked with KPMG Taseer Hadi and Company as Audit Trainee from December 2012 – December 2014.
He is an ACCA and also holds Certificate in Accounting and Finance (CAF) from Institute of Chartered Accountants of Pakistan (ICAP).
Faraz Ullah Khan – Head of Operations
Mr. Faraz Ullah Khan joined BIPL Securities as Head of Risk Management in December 2016. He has over 14 years of experience in Operations, Risk, Compliance and Internal Audit. Before joining BIPL Securities, he served as AVP Risk Management department at IGI Finex Securities Limited. He has also worked with Foundation Securities in Operations department as Deputy Manager Operations and with AKD Securities.
Faraz holds Masters and Post Graduate Diploma in Economics and Finance from University of Karachi. He has also Certifications in Fundamentals of Capital Markets and Pakistan’s Market Regulations from Institute of Capital Markets.
Muhammad Raza Hirani – Head of Risk Management
Mr. Muhammad Raza Hirani joined BIPL Securities as Head of Risk Management in May 2017. He has over 17 years of experience in Operations and Risk Management. Before joining BIPL Securities, he served as AVP Risk Management department at IGI Finex Securities Limited. He has also worked with ICI Pakistan shares department as Assistant Manager Operations and with Bhayani Securities.
Raza holds Bachelor’s degree from University of Karachi. He has also Certifications in Fundamentals of Capital Markets and Pakistan’s Market Regulations from Institute of Capital Markets.
Jihan Malik Mehboob – Head Of Human Resource
Ms. Jihan Malik is an intrinsically energetic, optimistic, and process driven Human Resources Management Professional with over Seven years’ (07) of diversified experience in encompassing Talent Acquisition/Recruitment, Performance Management, Organization Development, Training & Development, Policy making ,Grievance Handling/Conflict resolution & developing Teambuilding programs. In past she has been associated with Multinational Corporation (An Orascom Group- Parent Co. to Mobilink), Private limited and listed companies Ghulam Faruque Group, TATA Pakistan and Inspiration (Zheel Sciences & Research).
She Holds a Master’s Degree in Economics from University of Karachi. She is also appointed as Secretary to the HR & R Committee. An out of box thinker with an ability to conceive, formulate and implement management initiatives to achieve corporate goals and work as a part of a team.
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.