Last updated on October 05, 2018

Profile of Board of Directors

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Profile of Board of Directors

Retired General Tariq Waseem Ghazi

Retired General Tariq Waseem Ghazi
Non Executive Director - Chairman

Retired General Tariq Waseem Ghazi (Ret.) elected as a Director in October 2016 and serving as a chairman of the Board. He also served as chairman of the board at Next Advisors Limited. He has a MS degree in War Studies from the University of Islamabad.

During a military career spanning 38 years, Lt. Gen. Tariq Waseem Ghazi (Retd.) was appointed to key operational, command, policy formulation, crisis management and leadership training positions. He trained with the Australian and Canadian militaries, led a multinational United Nations Peacekeeping Mission, and was commandant of the two top training institutions for Pakistani military officers: the Staff College, Quetta, and the National Defence College, Islamabad

Lt. Gen. Ghazi (Retd.) was appointed Secretary of Defence in May 2005. He oversaw the working of the defense establishment in Pakistan and represented the country’s interests nationally and internationally as co-chair of several security dialogues.

He has served as chairman of the Civil Aviation Authority, the Fauji Foundation, the Defence Housing Authorities, PIA Investments, and as chancellor of Foundation University, Islamabad. Presently, he serves on the boards of Sadiq Public School, Habib University and The Kidney Centre.

A recipient of the Sword of Honour, two international, and fifteen service awards, Lt. Gen. Ghazi has also been decorated with the Hilal-i-Imtiaz (Military) for his services to the country.

 

Najam Ali

Najam Ali
Chief Executive Officer

Mr. Najam Ali has over 23 years of rich experience of working in different capacities in Pakistan’s capital markets. Prior to forming Next Capital Limited, he served as the Chief Executive Officer at JS Investments Limited. During his tenure at JS Investments, the company achieved the highest rating of AM2 Plus in the industry and remained the largest asset management company in the private sector. During this time, he also served twice as the Chairman of Mutual Funds Association of Pakistan (MUFAP).

Mr. Najam was also the founding Chief Executive Officer of the Central Depository Company (CDC), Pakistan’s first and only securities depository. Prominent shareholders included Citigroup, IFC and Pakistan’s stock exchanges. While at CDC, he also led the development and implementation of the National Clearing and Settlement System, which is the centralized clearing system in Pakistan for all the stock exchanges. The success of these projects has laid the foundation of a world class capital market infrastructure that has earned him praise and recognition at the national level.

He has also served on the Board of Directors of Pakistan Oilfields Limited, the Karachi Stock Exchange (Guarantee) Limited (KSE), the National Clearing Company of Pakistan Limited (NCCPL) and Askari Bank Limited. After having qualified as a chartered accountant with Robson Rhodes in the U.K, he worked with Fidelity Investment Bank as a Group Financial Controller and Head of Money and Capital Markets.

By qualification, Mr. Najam Ali is a member of the Institute of Chartered Accountants in England & Wales and Institute of Chartered Accountants of Ontario – Canada. He has also qualified as a Certified Public Accountant – USA and holds a Bachelor degree in Economics from the University of Michigan, Ann Arbor, USA. Mr. Ali has also attended and successfully completed the ‘Advanced Management Program’ at the world renowned Harvard Business School, USA.

He is currently serving as a member of the Corporate Leaders Advisory Board of Institute of Business Administration (IBA).

Hanna Khan

Hanna Khan
Non Executive Director

Mrs. Hanna Khan is a graduate of Kinnaird College, Lahore and also holds a Masters degree in Public Administration. Both degrees were awarded with First Division. She has previously worked for fidelity Investment Bank and has been an active social worker in Karachi. She has served twice as President of the Karachi Chapter of old Association of Kinnaird College

Zulqarnain Khan

Zulqarnain Khan
Non Executive Director

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

Muhammad Zubair Ellahi
Non-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).

Umer Habib

umer habib
Executive Director

Over seven years of experience in private equity and equity research in Pakistan having worked with JSPE Fund I LLC, the first Pakistan focused private equity fund with over USD 150 million in committed capital from investors such as IFC, ADB, SAMBA, Proparco, SIFEM, CDC, UK.

p>Also worked with the Dawood Group (Engro Corp Shareholders) evaluating private equity investment opportunities as well as within-group capital allocation decisions.

Has completed transactions worth over USD 80 million in various industries such as pharmaceuticals, agriculture, telecommunications, entertainment, power generation and financial infrastructure .

Holds a MBA from the National University of Singapore (Major: Finance) and is a CFA Level III Candidate.

Hasan Shahnawaz

Hasan Shahnawaz
Non-Executive Director

Mr. Hasan Shahnawaz is currently a Sole proprietor of Multiline leather Company and also of Shahnawaz Trading Pakistan. He has a vast experience in banking sector as he has worked for multiple banks across Pakistan. He has extensive Experience in dealing with foreign exchange transactions

He is Master of Economics and Finance, and Bachelor of Economics & Management, Lahore, Pakistan.