KARACHI: The Members of the Mutual Funds Association of Pakistan (MUFAP) have elected new directors on the Board of Directors against vacancies arising from rotational retirement of some of the directors on the 28th September, 2011. The new Board of Directors of MUFAP at its first meeting held on October 1, 2011, has elected the new chairman and vice chairman for the year 2011/2012 (October 1, 2011 to September 30, 2012). The new chairman is Imran Azim and the vice chairman is Mohammad Shoaib, CFA.
Chairman Imran Azim holds an MBA Degree in Finance. He is the Chief Executive Officer of Habib Asset Management Limited and has more than two decades of experience in Mutual Fund Industry. He started his professional career in the year 1977 with the National Investment Trust Limited (NIT) where he worked until the year 1998. In NIT he had been associated as a Senior Executive in several Departments including Investments, Marketing, Business Development and Finance & Accounts and in New Product Development. He has also had experience in the profession as Director Corporate Finance with Khalid Majid Hussain Rehman & Co., Chartered Accountants and with Universal Insurance Company Limited and in the oil industry as the Chief Executive of Haroon Oils Limited. As member of MUFAP he has played a very active role as Chairman of MUFAP Pricing Policy & Trading of Debt Securities Committee and Vice Chairman of MUFAP in the year 2009/ 2010.
Vice Chairman Mohammad Shoaib, CFA is the Chief Executive Officer of Al Meezan Investment Management Ltd. He has played a key role in setting up the company and has been associated with it since inception. Mr. Shoaib holds MBA degree from IBA besides a Chartered Financial Analyst (CFA) charter holder. He is a highly qualified and seasoned professional with 20 years experience in capital market of the country and with vast experience of investment. He has to his credit many accolades and awards, the most significant of them being the “Most Influential CFA charter holder” globally, awarded by CFA Institute in 2006. He has to his credit being the founder and first president of CFA Association of Pakistan, a member society of CFA Institute. In addition, he has been a past member of CFA Institute’s Asia Pacific Advocacy Committee as well as Global Corporate Governance Task Force which has developed a manual for investors on Corporate Governance. He is currently serving CFA Institute in the capacity of Presidents’ Council Representative (PCR) for Asia Pacific region.
The Directors of MUFAP for the year 2011/2012 consist of Imran Azim Chairman, Mohammad Shoaib Vice Chairman, Adnan Siddiqui, Amer Maqbool, Babar Ali Lakhani, Farid Ahmed Khan, Mohammad Habib-ur-Rahman, Mir Mohammad Ali, Nihal Cassim, Shahid Ghaffar, Tara Uzra Dawood, Wazir Ali Khoja, Yasir Qadri and Shamshad Nabi.
The Board of Directors of MUFAP at the first meeting of the new Board paid rich tribute for the outstanding services rendered to MUFAP by its outgoing Chairman, Mr. Shahid Ghaffar and Vice Chairman Dr. Amjad Waheed, CFA through the very generous allocation of their time made to MUFAP and the sound leadership they provided to the industry.
Comments
Comments are closed.