Last updated on Nov 18 , 2019

CEO/CFO/Directors/ HOD

Zulqarnain Khan

Mr Zulqarnain Khan has over 15 years of extensive experience in the financial sector. He is the founding member of Next Capital Limited. Mr. Khan is a certified director from the Institute of Charted Accountants Pakistan(ICAP).

Prior to being a founding member at Next Capital he was previously associated with JS Global Capital Limited as Head of North.

Zulqarnain has also worked as senior Institutional Equity trader with AKD Securities Limited. During his tenure there, AKD Securities limited was awarded the Best Brokerage House award by the CFA Association of Pakistan.

He has worked as an Assistant Vice President at Faysal Bank Limited within the commercial banking division and managed a team for the asset portfolio of the bank.

He has majors in banking and finance and holds a Masters degree in business (MBA) from Philadelphia University, USA.

Muhammad Zubair Ellahi
Executive Director

Mr. Zubair Ellahi has over 20 years of rich experience of working in multiple capacities in Pakistan’s capital markets. Prior to joining NCL, Mr. Zubair served as a Director at Bhayani Securities Limited (“BSL”) where he was instrumental in transforming the sole proprietorship to a top rated corporate brokerage house.

While at BSL Mr. Zubair served in numerous capacities which included all areas of the business. His responsibilities have ranged from transforming the company from a sole proprietorship to a public unlisted company to heading the sales desk. Over his 17 year tenor at BSL, Mr. Zubair’s responsibilities have included managing a portfolio of over Rs. 200 million, establishing BSL’s institutional, foreign and high net worth client sales desk and establishing BSL’s research department and initiating coverage of multiple sectors and companies.

Mr. Zubair is a graduate from the Institute of Business Administration (IBA) with a Masters in Business Administration (MBA).

Imran Kharadi
Head of Operations

Mr. Imran has extensive experience in the field of Operations of Capital Markets. Have expertise in implementation of ERP based solutions in financial sector, In-House development of ERP based solutions, IT Infrastructure, Risk Management, Exposure Management, Client Relations, Arbitration & Preparation of SOP’s.

In the career span of more than 22 years, Imran Kharadi has been associated with AKD Investment Management Limited, JP Morgan Pakistan Broking Pvt Ltd. IGI Securities, National Clearing Company and many other Capital market participants since 1993.

He holds Graduated degree from Karachi university

Muhammad Akif Ghumra
Head of IT

Mr. Ghumra, a seasoned Information Technology (“IT”) professional, is heading the IT Trading department at Next Capital and has over 19 years of relevant experience.

Before joining Next Capital Limited, Mr. Ghumra was Head of Information Technology at Alfalah Securities (Pvt.) Ltd for 6 years, a leading financial services firm in Pakistan

He has also served at Application Xs (Pvt.) Ltd as Chief System Architect and pioneered the development of online stock trading software in Pakistan. Major implementations included AKDTRADE, ECLTRADE, and FYSLTRADE.

Mr. Ghumra has a double major from Hamdard University, majoring in Software Engineering and Bi-Major Networks. In addition to this he has completed a two-year Diploma in computer Science, OCA (ORATECH Certified Analyst) and E-Commerce Solution Developer Diploma from NED University. Mr. Ghumra is affiliated with International Association of Business Process Management Professional [ABPMP] and served as Vice President Finance for the Pakistan Chapter.

He is also associated with International Association of Software Architects as President of the Pakistan Chapter.

Mr. Farooq
Head of Research

Mr. Farooq has been associated with the capital markets of Pakistan since 2003. He has served in the areas of investment management and research on both the buy side and the sell side, including some of the leading brokerage houses and asset management companies of Pakistan. Prior to joining Next Capital, he was heading the Research function of JS Investments. Mr. Farooq holds an MBA degree with a major in Finance.

Dr. Ali
Managing Director

Dr. Ali has over 18+ years of rich experience in the financial sector of Pakistan with his forte being capital markets .Prior to joining Next Capital as M.D. – Capital Markets, Dr. Ali served as Deputy Managing Director at TPL Life Insurance.Prior to joining TPL Served as SVP at JS Investments in the Investments department and later served as the Chief Investment Officer for a period of 3 years before taking over as the CEO Dr.Ali Managed the treasury as the Chief Dealer at KASB Capital ,Began his career at BMA Capital Management and moved on to JS Capital Markets eventually heading their fixed income desk , by Qualification Ali is a medical doctor and MBA.

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