PMIC Team

Yasir Ashfaq

Mr. Yasir Ashfaq is working as Chief Executive Officer of Pakistan Microfinance Investment Company (PMIC). He was previously working as Chief Operating Officer of PMIC since August 2016. Before joining PMIC, he has worked with Pakistan Poverty Alleviation Fund as Group Head, Financial Services Group in a similar role. Yasir has over 20 years of experience in financial sector of the country and has worked at senior management positions in commercial and investment banks. His areas of expertise include designing policy and strategy, corporate finance, portfolio management, treasury, finance and accounts, development finance, corporate finance, risk management, development of institutions and new financial products and approaches of delivery. He is a fellow member of the Institute of Cost & Management Accountants (ICMA) of Pakistan and holds a Master’s Degree in Economics from University of Sydney, Australia.

Saqib Siddiqui

Mr. Saqib Siddiqui has more than twenty years of experience of working in the microfinance sector of Pakistan. He has held various senior management positions with responsibilities related to growth programming, building institutional capacity as well as promoting inclusive and responsible financial services. He joined Pakistan Microfinance Investment Company (PMIC) as Head of Sector Development in December 2016. As Head of Sector Development at PMIC, Mr. Siddiqui is responsible for development of innovative and inclusive product lines, relationship management with stakeholders, donors, financiers as well as priming for microfinance plus and strategic positioning of the organization both at national and international platforms. Before joining PMIC, he was working as General Manager- Sector Development at Pakistan Poverty Alleviation Fund (PPAF).

Mr. Saqib Siddiqui is a graduate of the Global Institute of Management Science, Lahore and also holds Masters degrees in Business Administration with specialization in Finance and Marketing.

Asghar Memon

Mr. Asghar Memon is working as Head of Portfolio Management since December 2016. Prior to joining PMIC, he was working at the Pakistan Poverty Alleviation Fund (PPAF) as General Manager Microfinance Portfolio Management Department. Mr. Asghar has over 22 years of experience including 17 years in financial sector. He has held various senior management positions at different microfinance institutions and Apex institute. His areas of expertise include portfolio management, growth programing while striking balance between return and risk, developing strategic plans, budgeting, process and product innovation, monitoring and supervision, working with mid and small tier microfinance institutions to improve governance and control environments and creating value chains for impact financing as well as improving social performance.

Mr. Memon is an engineering graduate of the Sindh Agriculture University, Tando Jam and also holds Masters degree in Business Administration with specialization in Finance and Masters in Sociology.

Safwat Khalid

Safwat Khalid is a Senior Finance Executive and Chartered Accountant from Institute of Chartered Accountants of Pakistan. Safwat has over 20 years of extensive experience in Banking and Financial Institution sector and exposure in Financial and Management Reporting, Strategy, Analysis, Project Management, Treasury Finance and Taxation.

In his last role as Division Head Finance & Accounts, he was spearheading major functions of Finance & Accounts Department in Samba Financial Group (Saudi Arabia) and supported organization as Lead in implementation of IFRS 9 and VAT. Prior to this engagement he was associated with Samba Bank Limited (Pakistan), Tameer Micro Finance Bank Limited, ORIX Leasing Pakistan.

Syeda Ambreen Zehra Taqvi

Ms. Ambreen is a seasoned HR professional who brings with her 13 years of diverse experience in the field of Human Resources Management, Recruiting, Organizational Development, HR Business Partnership and Outsourced Services. In her last role she was associated with PTCL as Senior Manager Talent Acquisition and Outsourced Services where she was responsible for integrating the employer branding and talent acquisition Strategy with the overall business strategy of the company. She joined Pakistan Microfinance Investment Company in March 2018 as Head of Human Resources.

Prior to her tenure at PTCL, Ambreen remained Associated with Mobilink (now Jazz) for over 7 years where she was part of the HR Organizational Development, Recruitment Rewards & Performance and HR Business Partnership teams. In her last role at Mobilink she was the Lead HR Business Partner for Technology. Ambreen has also worked as Assistant Director Career Planning at National Accountability Bureau (NAB) for over two years, before joining Mobilink. Ambreen holds a Bachelors and Masters degree in Business Administration from Bahria University and is currently pursuing an LLB degree.

M Rashid Imran

Mr. Rashid started his career in 2004 with Network Microfinance Bank Limited (Now Apna Microfinance Bank) and then moved to Tameer Bank (Now Telenor Microfinance Bank) in 2005. He joined Pakistan Microfinance Investment Company (PMIC) in 2017 and moved back to Telenor Microfinance Bank in 2019. Rashid’s career spans over 16 years in the Microfinance Industry. His last assignment, before joining PMIC was with Telenor Bank Ltd where he served as Head of Credit Operations. Rashid holds a Bachelors and Masters (commerce) degree from Karachi University Rashid is a seasoned Risk Professional who has diverse experience in the application of Risk Management Practices and Financial Controls.

Yasir Masud

Mr. Yasir Masud is a Senior Corporate Legal Professional who brings with him 19+ years of diversified experience especially in Corporate Law and Legal & Corporate Governance. He has worked nationally and internationally in the legal field, in markets including Oil & Energy and Banking. His core competencies include Strategic Legal Counsel, Complex Negotiations, Legal Advisory, Management of the Board of Directors & Corporate Governance. His last role was with The First Micro Finance Bank Ltd. as Company Secretary & General Counsel. Yasir has an LL.B (Hons.) degree from the University of Wolverhampton, Holborn College (London). He is also certified to be an Independent Director having completed the Directors Training Program (DTP) from the Lahore University of Management Sciences (LUMS) and registered in the Independent Directors Databank with the Pakistan Institute of Corporate Governance (PICG).

Irum Sardar

Irum is a Fellow Chartered Accountant and experienced audit professional having more than 13 years of experience of conducting audits, consulting assignments and assurance engagements. In addition to this, she is also having experience of Risk Management department including Credit & Market Risk and Operational Risk along-with experience of Data Strategy and Data analytics domains as well. Her last role was as Head Operational Risk in HBL Microfinance Bank.

Irum is having good in-depth experience of reviewing controls over financial and operating systems and business processes and providing advices on improvements. Also she has sound understanding of international best practices, statues and standards. During the role in Internal Audit, she was engaged in various assignments including process audits, management audits, retail banking audits, end to end reviews, digital audits, fraud & forgery assignments along-with planning and reporting related assignments.

Zeeshan Khan Shahid

Zeeshan holds a Masters Degree in Computer Science from University of Peshawar. His career spans over 20 years with experience in Information Technology, Operations & General IT Management He has worked in Healthcare industry for over 11 years and has served in United Nation Development Program (UNDP) in Electoral Cycle Support to the Election Commission of Pakistan. His last assignment, before joining PMIC was with The Millennium Universal College, Transnational Education Provider working as Head of IT & Digitalization.

Zeeshan has diverse experience in Software Development, Project Management, Cloud Computing and Information Security. He has a good understanding of planning, inception, implementation & control of projects.

M Shuja Ali

Mr. Shuja has BSc (Hons) degree from LUMS and Executive MBA degree from NUST Business School. Currently, he is pursuing Global Masters in Finance at IE Business School, Spain. Shuja’s career spans over 12 years, his last assignment was at Pak China Investment Co Ltd as Div Head, China Advisory and Research at Investment Banking Group, where core responsibilities included advising Local and Chinese Clients for Joint Ventures in Pakistan, Equity Investments, Project Finance & Debt Syndications, Advising Govt of Pakistan for Privatization of State Owned Entities and actively participating in Capital Markets. As Vice President – Corporate Finance & Investment Banking at PMIC, Shuja is handling bonds & syndication transactions in targeted segments, advising and developing innovative and un-conventional (value chain/initiative & impact based) credit structures and evaluating strategic investment & private equity opportunities in the MF sector.

Hassan Nawaz

Mr. Hassan Nawaz is an associate member of Institute of Chartered Accountants of Pakistan having more than 10 years of experience of financial reporting, internal and external audits, financial planning and control.

Prior to joining PMIC, he has working with a specialized financial institution where he was heading the financial reporting department. Moreover, he has done his article ship from EY Ford Rhodes.

Muhammad Ahmed

Voice President PMD

Ali Said

Mr. Ali Said has a Masters degree in Commerce (Major in Finance) from University of Peshawar and is Diplomate Associate of the Institute of Bankers Pakistan Ali Said started his career with the Bank of Khyber in January 2000. He has over 19 years of experience in Microfinance, Treasury Operations, Money & Capital Markets, Accounts & Finance and Risk Management. In his current role, Ali Said is responsible for Managing Credit Portfolio of Non-Banking Microfinance Companies and Microfinance Banks, nderwriting and Business Development and strengthening relationships with clients and implementation of business strategies to meet lending goals and objectives of PMIC. .

Sara Hassan

Ms. Sara is an associate of Institute of Chartered Accountant of Pakistan and fellow member of ACCA with over 8 years of experience in external audit, business planning and financial control.

Before joining PMIC she was working as Executive Manager Business Planning with Telenor Bank Islamabad. Previously she also worked for Islamabad Serena Hotel as Head of Income Audit. She has done her articleship from KPMG Islamabad Office.

Salman Iftikhar

Over my career span of 15+ years, I have developed high performance teams, delivered exceptional customer value, created strong partnerships. I have established the most recognized brands in a competitive market combining traditional and Digital communication.

Fostering growth Marketing techniques, managing and leading partnerships across Government and Corporate sectors solidifying the market leader position in Microfinance inclusion space. I am a person with the ability to deliver challenging tasks and take on projects that have not been done before. While business results are key, I strongly believe in corporate social responsibility and focused on ensuring we target unserved, marginalized segment of the society through the strong Channels and financial streams. This is being recognized globally for driving financial inclusion for unserved.

Being recognized for exceptional leadership and unprecedented results in the most challenging emerging market, I transitioned as a Business professional for Public, Private and Social sector on Digital Marketing, Media Management, Budgeting, Communication Strategies, Marketing, Planning & Forecasting.

Tufail Ahmed

Mr. Tufail Ahmed has a Management Science degree in Finance (MBA & B.Com) from University of AJ&K. At PMIC, Tufail is involved in relationship management with borrowers/partners, finalizing credit proposals of potential and an existing borrowers for new or renewal of Investments, monitoring/supervision of the portfolio within team and cross team function, quarterly & annual financial review of the borrowers. Tufail had started his career in NRSP in October 2004 as Credit Officer & his career spans 15 years spent in the Microfinance sector. His last assignment before joining PMIC was with PPAF where he served as Assistant Manager Portfolio Management. Tufail has diverse experience both in retail microfinance as well as wholesale lending to Microfinance providers.

Aliya Fatima Zaidi

Ms. Ailya has completed ACCA and started her career with KPMG Taseer Hadi & Co. in January 2008 as an Audit Trainee. Her last assignment before joining PMIC was with Samba Bank Limited as Manager – Operational Risk. As Manager Operational Risk, Ailya is involved in managing operational risk, and market and liquidity risk.

Bilal Tahir

Bilal holds an MBA Banking & Finance degree from University of the Punjab along with being a CFA Level III Candidate. Bilal’s career spans over 14 years with around a decade with MCB Bank. His last assignment before joining PMIC was with Zarai Taraqiati Bank Ltd where he served as Head Risk Management Department.

Bilal has diverse experience in the areas of Operations, Business Continuity, , Financial Planning, Analysis, Credit Risk, Operational Risk, Market & Liquidity Risk.

Nizwa Naeem

Ms. Nizwa Naeem is working in Portfolio Management, with primary focus on relationship management with microfinance institutions (NBMFIs & MFBs). Her major role in the company includes; strategic planning, desk and field reviews, ratings and risk analysis, designing of institutional development packages, proposal preparation, variance analysis of the assigned institutions and reporting. Nizwa has over 9 years of work experience in wholesale lending of microfinance. Before joining PMIC, she was working with Pakistan Poverty Alleviation Fund (PPAF) as Senior Management Executive.

Nizwa has done Master’s in Business Administration (Finance) from International Islamic University Islamabad and obtained different certificates related to microfinance such as Boulder MFT and Advance Programme on Financial Inclusion and Social Performance. Nizwa is passionate to bring positive change in the lives of underserved by enhancing their access to finance.

Aqeel Ahmed Khan

Mr. Aqeel holds a Certificate in Accounting and Finance (CAF) from Institute of Chartered Accountants of Pakistan (ICAP) and he is PIPFA qualified. He also holds a degree in Commerce (B. Com) from Punjab University. Aqeel started his career with A.F. Ferguson & Co. (AFF) in June 2006 as articles student and after completion of articles he has worked as Supervisor with AFF from November 2009 to July 2012. Subsequently, he joined U Microfinance Bank (Ubank) as Manager Finance. Aqeel has more than 13 years of experience in finance operations, financial reporting, auditing and tax.  Aqeel loves to read books.

Farrukh Rehan Khan

Mr. Farrukh Khan is an ACCA Member and has completed his Bachelors in Commerce from Karachi. Farrukh is a dynamic and seasoned professional whose experience spans over a period of 10 years in a variety of Governance and Compliance roles of well reputed organizations like Deloitte, Tameer Microfinance Bank, Standard Chartered Bank, Meezan Bank. As Manager Internal Audit, Farrukh is involved in the planning and execution of risk based internal audits as well as independently reporting on controls and governance matters. Farrukh focuses on strengthening the controls and risk assessment procedures to enable PMIC combat against the potential risks.

M Faheem Khalid

Mr. Muhammad Faheem Khalid has an MBA degree from FAST School of Management – Islamabad. He is currently working as Manager Sector Development in PMIC. Faheem is involved in designing and deployment of microfinance plus projects and data management. He has worked on different projects pertaining to sectors including Value Chains (Enterprise and Agriculture), Micro Insurance, Digital Finance and Renewable Energy. His career spans over 9 years and has previously worked at Pakistan Poverty Alleviation Fund – PPAF and Publicis Pakistan.

At PPAF he had worked in the Financial Services Group and held the position of Management Executive. He had also worked in the domain of knowledge management and worked as Public Relations executive at Publicis Pakistan, a French multination in communications.

Ahmed Saleh Jamal

Mr. Ahmed Saleh Jamal is a Procurement & Supply Chain management professional, combining cross-functional competencies in procurement, vendor management, quality, and supply chain management. His area of expertise includes supply chain management, material management, project & procedure implementation, continuous improvement, and change management to positively impact organizational goals. Ahmed has a diverse experience of more than eight years in Procurement, Supply Chain Management and Business Development in renowned organizations like Linde Group Germany and PEPL. Ahmed holds a bachelor’s in mechanical engineering, master’s in supply chain management and is currently enrolled in an EMBA Program at LUMS.

Afia Khan

Ms. Afia has a BSC Honors degree in Management Information Systems (MIS) from The London School of Economics and Political Science (LSE) with a Postgraduate degree in Human Resource Management. She is working at PMIC as an Assistant Manager – CEO Office. In her role at PMIC, Afia is involved in diverse tasks including communications, publications, human resource and relationship management with internal and external stakeholders.

She has previously worked closely with many Senior Executives of several multinational organizations such as VEON, JAZZ (Mobilink) and MOL Oil and Gas Co. Ltd. In her 8 plus years of corporate experience she has developed core competencies and a skill set that directly correlates with the role assigned to her. She has also polished her skills well in networking, written & oral communications.

Muhammad Asghar

Muhmmad Asghar holds MBA from Karachi University Business School and CAMLP from IFMP. He joined Burj Bank Ltd in 2011. His career spans over 10 years in the Financial sector including Asset Management, Modaraba Management, Leasing and a DFI. His last assignment, before joining PMIC was with Pak Brunei Investment Company Limited as Manager Compliance and AML/CFT Desk In charge.

Muhammad Asghar has diverse experience in the application of Regulatory Compliance and well verse experience of implementing Compliance Risk Management. He has good understanding of planning, inception, implementation & control of projects.

Kiran Yousaf

Ms. Kiran had started her career in March 2008 in Bizpak pvt ltd in June 2008. She joined Pakistan Poverty Alleviation Fund as Receptionist and was promoted as Admin Associate. Her total work experience in PPAF is over 8 years. She joined PMIC in Feb 2017 as a Receptionist and was promoted as Assistant Manager Admin.

Sulman Tariq

Mr. Sulman is an ACCA Member. He joined Zarai Taraqiati Bank Ltd in March 2010 and after completing 3 years of training moved to Khushhali Microfinance Bank Ltd in 2014. His career spans over 8 years with most of it spent in the Financial sector. His last assignment, before joining PMIC was with Khushhali Bank Ltd where he served as Executive Fixed Assets and Branchless Banking.

Sulman has diverse experience in the application of International Accounting Standards and well verse experience of implementing ERP (Oracle Financials) . He has good understanding of planning, inception, implementation & control of projects.

Zainab Ali

Ms. Zainab holds degrees in Bachelors in Business Administration (BBA) from IBA, Karachi and Master’s in Human Resource Management (MHRM) from SZABIST, Islamabad. Her career spans over 4 years, working with various facets of HR Departments of multinational organizations. She has exposure to interact at local and international level in HR related issues and procedures.

She joined KeepTruckin in March 2017 as Operations Recruiter working directly with Headquarters based out of San Francisco. After KeepTruckin, she moved to VEON Global Shared Services as Recruitment and On-boarding Specialist, working directly with Headquarters based in Amsterdam. Before joining PMIC she was working with Ciklum Pakistan as Assistant Manager Human Resources.
Zainab Specializes in Talent Acquisition, HR Analytics, HR Business Partnering, Talent Development, HR Operations, Corporate Communication, Employee Engagement Programs and Culture Management.

Hilya Zaman

Ms. Hilya Zaman has an MBA and BBA (Hons) from Bahria University. In her role at PMIC, Hilya is managing day to day engagements with partner Commercial Banks, Financial Intermediaries, Multilateral agencies, International Investors, MIVs & Int. Impact Funds etc. to meet company’s overall Banking requirements, which includes (but not limited to) long term & short-term credit facilities, currency & rate hedging, Transaction Banking, Credit Enhancement arrangements etc.

Prior to this she has more than 8 years experience of working as Relationship Manager with reputable private and semi-government banks including BankIslami Pakistan Ltd, Pak-Kuwait investment Co. Ltd and Pak-Brunei investment Co. Ltd. Her corporate experience includes assisting clients with expansion to increase profitability, safeguard market position, assessing the target organization, knowledge of legal and regulatory issues, sound financial knowledge and in-depth understanding of client’s industry.

Komal Arshad

Komal holds a Master’s degree from The University of Manchester. Komal started her Career from Khushhali Microfinance Bank  in 2018 and later joined JS Bank in March 2020. Komal has diverse experience in managing and researching both commercial and microfinance products. She has good knowledge of the microfinance industry, along with implementation & monitoring of projects.

Muhammed Amir Bajwa

Amir has done his BSc in Geophysics from Imperial College London. He has experience in programming and data analysis. His thesis involved developing his own predictive model on where seismic events may occur. Amir has experience in ETL processes and has carried out a variety of different field surveys. He has a good understanding of data visualization and database development.

Minahil Shahid

Minahil is an ACCA Affiliate holding BSc (Hons) in Accounting from OBU and have completed her studies from TMUC Rawalpindi. She joined PMIC on 11^th Oct 2021 after gaining 1 year of experience from PTCL.

Before which she worked for 5 months in Clear House Accountants (UK based firm) during her ACCA Exams. Her career spans over 1 and half year with most of it spent in the Financial sector. Her last assignment, before joining PMIC was PTCL where she served as ICAEW Trainee most recently in Company Accounts and Payments department.

Minahil has experience in reporting and data analysis using SAP and Oracle BI. She also has good understanding of IFRSs, Accounts preparation, OSM and performance management.

Muhammad Hamza Hassan Toor

Hamza is a Business Graduate from Capital University of Science & Technology (CUST), Islamabad and is also pursuing Masters in Finance from CUST. Hamza completed his Bachelors in Business Administration in the year 2020 with distinction, CGPA – 4.00.

Hamza gained exposure by serving as Management Trainee Officer in Finance & Accounts Department at Pakistan Microfinance Investment Company Limited (PMIC). Furthermore, he was a part of various projects, seminars, research conferences and academic events organized at his university.  Hamza has also worked as Finance Intern at Grand Green Associates.

Khushbakht

Khush Bakht has done Bachelor’s in Accounting and Finance from Capital University of Science & Technology (CUST), Islamabad. She has completed her degree in 2021 with distinction being held by scoring CGPA i.e., 3.97.

Khush Bakht gained experience by working as Management Trainee Officer in the Portfolio Management Department at Pakistan Microfinance Investment Company Limited (PMIC). She participated in various events in the university and organized many seminars, conferences and did various projects to enhance her skills. She also worked as FM head at the university. She is volunteering as Event Management Lead in Youth Alumni Group at Helping Hand for Relief and Development (HHRD) since 2020.

Marya Ahmed

Marya is an Accounting & Finance Graduate from National University of Science & Technology (NUST), Islamabad. Marya has completed her Bachelors in Accounting & Finance in 2017 and is currently pursuing Chartered Financial Analyst (CFA) certification from CFA Institute, USA. She has successfully cleared the first 2 levels of the exam.

In tandem with her academics, Marya has gained experience by being part of various organization teams for a wide array of extracurricular events held at her university. In regard to her work experience, currently she has been serving as Management Trainee Officer in CF&IB Department at PMIC. Previously, she has successfully completed three internships in varied business functions across an array of organizations. She has been the part of Audit & Business Advisory Section of A.F. Ferguson & Co. (PwC), Business Support & JV Relations Department at MOL Pakistan Oil & Gas Co. B.V and been associated with the Corporate Banking Group at Habib Bank Limited (HBL).