UBL INSURERS - Key Persons


Abdul Sattar Vaid - Secretary

Job Titles:
  • Company Secretary

Lord Zameer Mohammed Choudrey

Job Titles:
  • Chartered Accountant
  • Trustee of Bestway Foundation UK
Date of Appointment: 26 April, 2019 -Lord Zameer Mohammed Choudrey CBE SI Pk is the Chief Executive… In September 2019, he was nominated for a life peerage and was created Baron Choudrey of Hampstead in recognition of his contribution to Britain's domestic and foreign trade and his philanthropic work in the UK and abroad. He formally joined the House of Lords in November 2019. Lord Choudrey is a Chartered Accountant by profession. He is a fellow of the Institute of Chartered Accounts of England & Wales. Lord Choudrey is a trustee of Bestway Foundation UK and Chairman of Bestway Foundation Pakistan. He is also a trustee of Crimestoppers. Lord Choudrey is the Chairman of British Asian Trust's UK Advisory Council and a member of HRH Prince of Wales Pakistan Recovery Fund International Leadership Team.

Mr. Aameer Karachiwalla - Chairman

Job Titles:
  • Chairman
  • Chartered Accountant
Date of Appointment: 26 April, 2019 - Mr. Aameer Karachiwalla is a Chartered Accountant from… Mr. Aameer Karachiwalla is a Chartered Accountant from the Institute of Chartered Accountants of England & Wales with over 30 years of experience. Mr. Karachiwalla has held roles such as Chief of Staff, Chief Financial Officer, Group Executive Retail Bank and the Chairman of UBL Insurers Ltd He has previously been associated with American Express Bank, Citicorp Investment Bank, and Artal Group of Companies. He has been an instrumental part of UBL since late 1998.

Mr. Nadeem Raza - CFO, SEVP

Job Titles:
  • Chief Financial Officer
  • Senior Executive Vice President
Date of Appointment: Sep 01, 2007 - Nadeem Raza is Senior Executive Vice President and… Mr. Nadeem Raza, a stalwart with over 29 years of exemplary finance experience, stands as a beacon of financial expertise, notably excelling in senior executive roles. His journey is a testament to the fusion of operational finance mastery with a robust technical foundation. In his illustrious career, Mr. Nadeem Raza has navigated the intricate realms of business partnering, controllership, acquisitions, tax management, treasury operations, capital structure implementation, financial process optimization, and astute audit oversight. His hallmark is a proven ability to unravel complex challenges, a skill finely honed over the years. Embracing Profit and Loss (P&L) responsibilities, orchestrating intricate tax strategies, ensuring unwavering legal compliance, and expertly managing SOX risk, he consistently attains his Return on Investment (ROI) targets. His extensive portfolio extends to the art of revenue cycle management, precision budgeting, seamless operations, and inspiring team leadership. Yet, it's his visionary approach that sets him apart. With over a decade of experience in the rating business, he thrives on the dynamic world of credit ratings. His singular focus is to elevate a company's credit rating, aligning it with rating agencies from A- to AA, resulting in a consistent uptick in returns, mitigated risk, and heightened Return on Equity (ROE). His journey has seen him at the helm of influential organizations, including New Hampshire Insurance (American International Group) and Singer Pakistan. While his expertise spans diverse industries, a significant portion of his illustrious 20+ years has been dedicated to the insurance sector, with an impressive 16 years of dedicated service at UBL Insurers Limited. Mr. Nadeem Raza's educational foundation is equally stellar, boasting a Bachelor's degree from the prestigious University of Karachi, supplemented by a Master in Business Administration (MBA). His commitment to professional excellence is underscored by his status as a Fellow Member of the "Institute of Corporate Secretaries of Pakistan" (FCIS) since 2001. Further, he holds the esteemed position of an Associate Member of the "Certified Internal Auditor of Pakistan" (CIAP), and he has earned recognition as an Associated Certified Internal Auditor (ACIA). Mr. Nadeem Raza's journey is a testament to the power of expertise, vision, and unwavering commitment to excellence in the world of finance.

Mr. Rizwan Pervez

Job Titles:
  • Director
  • Director of Bestway
Date of Appointment: 26 April, 2019 - Mr. Rizwan Pervez is a Director of Bestway… Mr. Rizwan Pervez is a Director of Bestway (Holdings) Ltd. UK and a business graduate from the University of Pittsburgh. He then trained with a leading UK firm of Chartered Accountants, qualifying in August 1995 and is a Member of the Institute of Chartered Accountants in England and Wales.

Mr. Sajid Hussain

Job Titles:
  • Group Executive
Mr. Sajid Hussain is the Group Executive - Compliance of United Bank Limited (UBL). Mr Sajid has vast experience spanning over 23 years in the fields of Audit, Controls, Regulatory & Financial Crimes Compliance. Before joining UBL he was associated with a Big 4 firm and

Mr. Sharjeel Shahid

Job Titles:
  • Director
Date of Appointment: 26 April, 2019 - Mr. Sharjeel Shahid has more than 23 years… Mr. Sharjeel Shahid has more than 23 years of diversified experience of managing banking operations in large retails banks and Budget management for financial institutions. He has worked with Langmeads Chartered Accountants - London, Baker Tilly Chartered Accountants - London, UBL Barclays, and SCB prior to joining Burj Islamic Bank where his last assignment was Group Head Retail Bank.

Mrs. Saira Shah

Job Titles:
  • Director
Date of Appointment: 26 April, 2019 - Mrs. Saira Shah is a banking professional with core…

Muhammad Rizwan Malik

Job Titles:
  • Director
  • Global Head - Treasury & Capital Markets, United Bank Limited
Muhammad Rizwan Malik is a seasoned treasury professional with a rich experience of over 20 years working in leading local and international banks in Pakistan. Rizwan is currently working as the Global Head of Treasury & Capital Markets at UBL, overseeing an investment book of over PKR 1 trillion in the domestic market and USD 700mn in the global markets. Prior to joining UBL, Rizwan was associated with Bank Alfalah where he grew Treasury business revenue and through his collaborative approach played an instrumental role in augmenting the trade & remittances business as Head of FX Sales and Trading. Mr. Malik has previously been associated with top financial institutions such as HBL, SCB, and Barclays in different treasury roles. Mr. Malik holds an MBA from the Institute of Business Administration (IBA) Karachi and has remained a very active member of the Financial Market Association of Pakistan (FMAP). He was a member of the executive committee of FMAP during 2003-2006 term.

Rashid Jameel Khan - COO

Job Titles:
  • Chief Operating Officer
  • Head of Operation of UBL Insurers Limited He
Rashid Jameel Khan is currently Head of Operation of UBL Insurers Limited He started his career as an insurance professional in 1986 and has a vast experience of 35 years in the field of insurance. After attaining his B. Sc. degree from Karachi University in 1985, he joined Adamjee Insurance Co. in 1986. After attaining few years of experience in the field of insurance, he enrolled himself in the Associateship program of Chartered Insurance Institute of London an completed his diploma in the year 1995. During his service at Adamjee Insurance Company h served in many departments in various roles. He joined UBL Insurers in 2007 while the company was established as head of department for Marine and Motor underwriting. Shortly afterwards, he was promoted as Head of underwriting and he continued to work in this position until 2015. In 2016, when the company started its Window Takaful Operation, he was selected as Head of Takaful operations by the senior management. And he served in this position for one year and resumed as head of under writing. In 2020, he was promoted as head of operations and he is working in this position till to date.

Sajjid Hussain

Job Titles:
  • Director
Date of Appointment: 26 April, 2019 - Mr. Sajjid Hussain is a banking professional with core…

Zeeshan M. Raza - CEO

Job Titles:
  • Chief Executive Officer
Zeeshan M. Raza is an experienced Senior Insurance Professional with 25 years of extensive experience in insurance industry, a Cert-CII from Chartered Insurance Institute (UK) and an MBA is currently associated with UBL Insurers Limited as C.E.O, previously he had been associated with Habib Insurance Company Limited in the same capacity. He has a diversified set of experience of managing and leading different business functions including Marketing, Operations, Administration/HR and IT. Besides that he's also engage in academic sector and have taught at renowned universities.