Board of Directors
Zafar Alam - Chairman & Non-executive Director
Mr. Zafar Alam is a Master’s degree holder in nuclear physics and has over 31 years’ experience in investment banking encompassing origination, trading, sales and asset management in various financial centers around the globe. He has been a key member of the Top Executive Group-TEG at ABN AMRO Bank and RBS Bank. Mr. Zafar had several leadership responsibilities including leading teams of over 300 people and managing revenues of several hundred million dollars. Mr. Zafar has diverse experience across geographies and various aspects of finance, having worked in London, Singapore, Hong Kong and Dubai in Equities, Fixed Income and Asset Management. The last initiative being in Dubai setting up a Shariah based fund in Mauritius.
Mr. Zafar joined ABN AMRO as Investment Manager in Dubai. In 1988 he moved to Hong Kong as Head of ABN AMRO Securities & Finance Company, focusing on fixed income trading and sales. In 1990 he started equities brokerage business and origination in Asian equities. In 1995 he moved to Singapore, as Head of Local Markets and Credit Trading and started to build the local markets business in the bank for the first time. The Bank was only active in the FX sphere but Mr. Zafar gave the direction to add Fixed Income and Derivatives as the market was set to take off in the aftermath of the Asian crisis. The activities included origination, trading and sales in thirteen Asian countries.
In 2002, he was appointed Managing Director and moved to London as Global Head of Emerging Markets responsible for origination, trading and sales in Emerging Markets, before taking on his current role in Equities Directorate.
In 2010, he was Regional Head of Equities and Structured Retail Sales for Middle East and Africa, based in Dubai to build an equities platform for the MENA region for RBS investor clients. He was also managing the Structured Equities Solution team which provided equity financing with an overlay of derivative solutions. Prior to relocating to Dubai, Mr. Zafar was based in London as Global Head of Equity Derivatives Sales in the enlarged RBS Global Banking & Markets Group. In this role Mr. Zafar was responsible for combining the successful Private Investor Products (PIP) and Institutional/Corporate business of ABN AMRO with the growing RBS Structured Investor Products business. He was responsible for developing, manufacturing and distributing structured products consisting of multi-assets.
Prior to that in his role as Global Head of Private Investor Products, Mr. Zafar was responsible for distribution of innovative structured products to private and retails clients within RBS and ABN AMRO Bank. The team distributed structured products through all major international banks.
Shahid Ali Habib - Chief Executive Officer & Executive Director
Mr. Shahid Ali Habib carries a proven track record of establishing successful business organizations and turning around ventures into vibrant units. He has over 19 years of experience in the fields of Securities Brokerage, Banking, Asset Management and Investment Banking. He has served in leading positions at top local and international institutions.
Mr. Shahid has also served as Executive Director and Chairman of a few local equity brokerage and financial services institutions. He has also worked at Bank Al Bilad, one of the leading Islamic banks in Saudi Arabia. Mr. Shahid also served the Karachi Stock Exchange as member of various committees including Development and Trading Affairs Committee, New Product Committee, Arbitration Committee and Companies Affairs and Corporate Governance Committee. At AHL, Mr. Shahid oversees all brokerage and investment banking activities, especially equity sales and marketing & placement of all IPOs / SPOs. He has been involved in numerous transactions in Pakistan’s equity markets over the years. He was involved as Domestic Team Lead in the Government of Pakistan’s divestment of HBL (the largest secondary market offering in Pakistan and Asian Frontier Markets) and UBL.
He holds an MBA (Finance) degree from the Institute of Business & Administration (IBA) as well as a Bachelor’s degree in Computer Science from FAST ICS. He has completed the High Potentials Leadership Program at Harvard Business School (HBS) and has a Certification in Finance from London School of Economics (LSE). He has also attended various international professional development courses in the fields of finance, technology and energy.
Sharmin Shahid - Non-executive Director
Ms. Sharmin Shahid has over 16 years of experience in the field of securities brokerage and portfolio management. She was awarded the top position in her Bachelor’s Degree in Commerce and has also participated in the Directors’ Training Program. She has been awarded the Top 25 Companies Award on behalf of AHL for several years.
Sharmin actively participates in welfare activities and remains one of the trustees of Memon Health and Education Foundation (MHEF). Under her patronage & direction AHL has continued to excel and become a leading name in the industry.
Ali Murtaza Kazmi - Independent Director
Mr. Ali Murtaza Kazmi is a law graduate from the University of Essex, U.K. and has since been practicing in Pakistan for over 10 years. Mr. Ali’s areas of expertise range from corporate & commercial transactions which include providing legal counsel to public and private limited companies on various compliance and corporate secretarial matters, as well as mergers and acquisitions.
Mr. Ali has recently joined his family business as Director Operations and is currently working on various projects to expand the business.
Haroon Usman - Non Executive Director
Mr. Haroon Usman is a Commerce graduate and a Fellow Member of the Institute of Cost and Management Accountants of Pakistan. He has over 45 years’ experience in the fields of commerce, finance and industry. He has served a number of local and foreign organisations of repute in different executive positions related to accounts, finance, general management and consultancy, both in Pakistan and abroad.
Mr. Haroon serves as Director and Chairman of the Human Resource & Remuneration Committee of the Company.
Nida Ahsan - Non Executive Director
Ms. Nida Ahsan is a Commerce graduate and represents the Arif Habib family who are the majority owners of the Arif Habib Group and have made significant contributions in the development of the securities market in Pakistan.
She has over 12 years experience of investing in listed securities including a number of first and second tier stocks.
Dr. Muhammad Sohail Salat - Independent Director
Dr. Muhammad Sohail Salat is a qualified and highly reputed pediatrician who has a Bachelor of Medicine and Bachelor of Surgery from Dow Medical College Karachi. He has a certification in General Pediatrics from the United States of America as well as holding a Foreign Medical Graduate Examination in medicine from the US and is licensed from Pakistan Medical and Dental College. Dr. Sohail completed his residency in Pediatrics from Maimonides Medical Center and Interfaith Medical Center in New York as well as a Fellowship in Neonatal Perinatal Medicine from Westchester Medical Center, New York Medical College.
Dr. Sohail has been associated with The Aga Khan University Hospital (AKUH) Karachi since 2001 in the Department of Pediatrics and Child Health is currently working as an Associate Professor. He has held director posts in education, clinical areas and also chaired various administration committees in AKUH He was previously associated with Ziauddin Medical University Karachi as Assistant Professor.
Dr. Sohail is regarded as an expert in the fields of Pediatrics, Child Health and Neonatal Perinatal Medicine and has had numerous publications on the subjects whilst presenting at leading local and international conferences. He is actively involved in Pakistan Pediatric Association (PPA), a non-political organisation for the better care of pediatric patients in Pakistan and holds the posts of Convener Neonatology group of PPA as well as Treasurer of both Sindh chapter and Karachi chapter of PPA. He is also working as a member of the Hospital Management Board of Memon Medical Institute Karachi.