MEEZAN BANK - Key Persons
Job Titles:
- Member of the Executive Committee
Job Titles:
- Vice Chairman - Shariah Board )
Dr. Mufti Muhammad Imran Ashraf Usmani, son of Justice (Retd.) Mufti Muhammad Taqi Usmani, graduated with specialization in Islamic Fiqh (Islamic jurisprudence) from Jamia Darul-Uloom, Karachi, where he has been teaching Fiqh since 1990. He also holds an LL.B. and Ph.D. in Islamic finance. He is a member of the administration board of Jamia Darul-Uloom, Karachi. Presently Dr. Usmani is the Vice Chairman of Shariah Board at Meezan Bank.
Dr. Usmani is the author of numerous publications related to Islamic finance and other Shariah related subjects. He has presented papers in numerous national and international seminars and has delivered lectures at academic institutions including Harvard, LSE, LUMS and IBA.
In the past, Dr. Usmani has served as an advisor / member of Shariah Boards of several renowned institutions since 1997 including the State Bank of Pakistan, HSBC - Amanah Finance, UBS - Switzerland, Guidance Financial Group USA, Lloyds TSB Bank - UK, Japan Bank for International Cooperation (JABIC), Credit Suisse Switzerland, RBS Global, Old Mutual Albarakah Equity & Balanced Funds South Africa, AIG Takaful, ACR ReTakaful Malaysia, Capitas Group USA, Bank of London and Middle East Kuwait, BMI Bank Bahrain, Al Khaliji Bank Qatar, Sarasin Bank Switzerland, DCD Group Dubai, International Centre for Education in Islamic Finance (INCEIF) and other mutual and property funds, Takaful Companies and international Sukuk etc.
At present, Dr. Usmani is serving at different capacities at various organizations which are as under:
Faculty Member - Jamia Darul Uloom
Director - Hira Foundation School
Director - Center for Islamic Economics (CIE)
Vice Chairman Shariah Board - Meezan Bank
Research Faculty Member - Department of Economics Karachi University
President & Founder Trustee - Ihsan Trust
Academic Committee Chairman / Board Member / Faculty Member - Centre for Excellence In Islamic Finance CEIF (IBA)
Member Central Board - Center for Islamic Economics (CIE)
Shariah Board Member - Chairman Shariah Board NBP Fullerton Asset Management Company (NAFA)
Shariah Board Member - Al Meezan Mutual Funds
Shariah Advisor - PMEX
Chairman - Islamic Index Pakistan Stock Exchange (PSX)
Shariah Board Member - AAOIFI Shariah Committee
Shariah Advisor / Shariah Board Secretary - Guidance Financial Group USA
Member Central Shariah Supervisory Board - ChartisTakaful Company (Global)
Shariah Board Member - Sarasin Bank Switzerland
Shariah Board Member - AAOIFI Dubai
Shariah Board Member - International Islamic Financial Market Bahrain IIFM
Board Member - International Islamic Rating Agency Bahrain
Shariah Board Member - Amanah Islamic Finance (AIFA) Australia
Chairman Shariah Supervisory Council - Amanah Bank Sri Lanka
President and CEO - Usmani and Co. PVT Ltd.
President and CEO - Usmani and Co. Shariah Advisors PVT Ltd.
Job Titles:
- CEO
- Chartered Accountant
- Fellow
- Secretary
- Vice Chairman of Professional Education Foundation
Mohammad Abdul Aleem has been re-elected as Independent Director on the Board of Meezan Bank in November 2021.
Previously, he had served as Director on Meezan Bank's Board from October 2010 till November 2018. He was Chairman of the Audit Committee as well as the Information Technology Committee of the Board during his last tenure. Besides, Meezan Bank, Mr. Aleem currently is also a Director and Chairman, Audit Committee of the Engro Corporation Limited and Pakistan Refinery Limited.
Mr. Abdul Aleem is currently the CEO and Secretary General of Overseas Investors Chambers of Commerce & Industry (OICCI). He has worked in senior positions within both Exxon Chemicals and Engro Corporation, serving in both Singapore and Pakistan. Thereafter, he has worked with British American Tobacco Group UK (BAT) in Pakistan and overseas, where he ultimately served as CEO of BAT Operations in Cambodia, Mauritius, and Indian Ocean territory. Since 2004, he has served in senior positions with large Government-owned organizations in Pakistan. His last assignment was as the Managing Director, Pakistan State Oil Company Ltd.
Mr. Abdul Aleem has in the past been a Director of Dawood Hercules Corporation, Pakistan Tobacco, LUMS, Pakistan Institute of Corporate Governance, and Chairman of Faysal Asset Management Company.
As a supporter of leading non-profit organizations in the field of education, Mr. Abdul Aleem is currently Vice Chairman of Professional Education Foundation and Chairman of Intellect School Governing Board.
Mohammad Abdul Aleem is a Fellow Chartered Accountant (Gold Medallist) and a Fellow Member of the Institute of Cost & Management Accountant. He has also attended extensive international management training programs including at Stanford University.
Job Titles:
- Member of Board Committees
Job Titles:
- Chief Executive Officer
- Founding President
- President
- Member of Board Committees
Mr. Irfan Siddiqui is the founding President and Chief Executive Officer of Meezan Bank. He is also a member of the Information Technology Committee and of IFRS 9 Implementation Oversight Committee of the Board. Having articled with Coopers & Lybrand, London from 1975 - 1979, Mr. Irfan Siddiqui qualified as a Chartered Accountant from the Institute of Chartered Accountants in England and Wales. He has held several senior management positions including Chief Executive Officer at Al Meezan Investment Bank Limited, General Manager at Pakistan Kuwait Investment Company, Advisor to the Managing Director at Kuwait Investment Authority, Manager Finance and Operation at Abu Dhabi Investment Company and Senior Business Analyst at Exxon Chemical (Pakistan) Ltd.
Current Positions:
President of the Overseas Investors Chamber of Commerce and Industry
Member of Board of Trustees, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain
Member of Government of Pakistan Advisory Committee of the Planning Commission
Member of IBA CEIF Board of Management, Centre of Excellence in Islamic Finance, (CEIF), IBA
President of the Islamic Finance Association of Pakistan
Member of Government of Pakistan sub-committee on awareness, training and capacity building for Promotion of Islamic Banking in Pakistan
Council Member, Institute of Bankers Pakistan
Member of Steering Committee of Housing & Construction Finance
Chairman of Steering Committee on Media Campaign - Improving Islamic Finance Literacy
Job Titles:
- CEO
- Member of Board Committees
Job Titles:
- Member of Board Committees
Mr. Mohamed Guermazi joined the Board of Directors of Meezan Bank in 2018. He is also a member of the Risk Management Committee of the Board. He is currently serving as "Lead Awqaf Investment Specialist" in the Islamic Development Bank (IsDB).
Mr. Guermazi holds a Masters Degree in Engineering from the National School of Bridges and Roads in Paris (Ecole Nationale des Ponts et Chaussées - Ponts PariTech). He is also serving as Member of the Board of Irada for Microfinance Co. Ltd. which is part of Bank of Khartoum Group in Sudan.
Prior to joining the IsDB in 2010, and over a period of 15 years, he had been serving as Director of Equities, Asset Management, Treasury and Financial Markets at Banque de Tunisie, one of the most prominent private commercial banks in Tunisia. Besides his operational responsibilities within Banque de Tunisie, he also served as Chairman of the ‘Société de Bourse de Tunisie' - a subsidiary of the bank specialized in brokerage in securities; General Manager and Chairman of the Board of ‘Placements de Tunisie' - an affiliated investment company; Board Member and Chairman of the Audit Committee of ASTREE Insurance company; Board Member of the Tunis Stock Exchange, as well as Board Member of several companies in which Banque de Tunisie holds a participation of reference.
Previously, Mr. Guermazi had also served as Deputy Managing Director of the Investment Loan Department at Banque de Tunisie, Project Officer at the Tunisian Qatari Bank for Investment and Senior Engineer in charge of the budget and follow-up of the activity of the fertilizer plants at the Tunisian Chemical Group.
Mr. Guermazi has been nominated by the Islamic Development Bank to be its representative on the Board of the Waqf BID Guinée (WBG), which is a not-for-profit organization to support the development of the education and health sectors in Guinea.
Job Titles:
- Chairman of Board Committees
- Director
- Member of Board Committees
Mr. Mubashar Maqbool has been a Director of Meezan Bank since October, 2019. He is also a member of the Risk Management Committee and Chairman Information Technology Committee of the Board.
Mr. Mubashar Maqbool holds an MBA degree in Finance and International Business from University of Miami, U.S.A. and another MBA in Finance from Quaid-e-Azam University, Pakistan. He has a long, diversified and successful track record in Corporate Banking, Corporate Finance, Project Financing, Commercial Banking, SME Banking as well as General Management. In a career spanning over thirty years, he has held senior positions in renowned local and multinational organizations like Citigroup, Samba Financial Group, Habib Bank Limited etc. both in Pakistan and abroad.
Mr. Mubashar started his banking career with Citibank Pakistan where he held various positions in Corporate Banking Group. In 1997, he was transferred to Saudi American Bank (Samba), Saudi Arabia. He was Division Head, Corporate Banking in Samba Bank till 2004. Mr. Mubashar joined Habib Bank Limited in 2004 and held various senior positions there including Corporate Head - Central, Group Head - Commercial Banking & Retail Lending, Group Head - Commercial Banking and Country Manager / CEO, HBL - UAE. He also represented HBL on the Board of Pakistan Agricultural Storage and Services Corporation (PASSCO).
Mr. Naveed has over 35 years of rich and diversified experience in Islamic and Conventional Banking of Local and Foreign Banks. This includes over 15 years of working experience at the front end of Corporate, Commercial & SME segments and last 20 years his expertise has moved to Risk Management.
Mr. Naveed has worked at various key senior roles during his association with different local and foreign banks, such as, Team Leader CIBG, Faysal Bank Limited; Country Head Risk Asset Review, Senior Credit Officer at Union Bank Limited/Standard Chartered Bank Pakistan Limited; Country Head Corporate Banking, Country Head Risk-SME / Commercial during two different stints with NIB Bank Limited; Head of Credits for Corporate & Investment Banking and Islamic Banking at Bank Alfalah Limited, Chief Risk Officer at Dubai Islamic Bank Pakistan Limited. Since 2016 working with Pakistan Kuwait Investment Company Pvt. Limited as Chief Risk Officer. He has also represented PKIC as a Nominee Director on the Board of The General Tyre and Rubber Company of Pakistan Limited from October 2019 to September 2020. He has also performed due diligence exercise for some major local banks in Pakistan.
Mr. Naveed Sherwani holds Master's degree from Karachi University and has also attended various international and local trainings/seminars related with banking and management. Mr. Naveed Sherwani has also attended the Director Orientation Workshop arranged by Pakistan Institute of Corporate Governance (PICG).
Job Titles:
- Chairman of Board Committees
Job Titles:
- Chairman of Board Committees
Job Titles:
- Member of Board Committees
Ms. Nausheen Ahmad joined the Board of Directors of Meezan Bank in April 2019. She is also a member of the Human Resources and Remuneration Committee of the Board.
She holds an LL.B. from Kings College, London, an LL.M. degree from the University of London and a degree in the Philosophy of Religion from Kings College, London. She was called to the Bar from the Honorable Society of Grays Inn London and is registered as an Advocate of the Sindh High Court. She was also accredited as a mediator and master trainer by the Centre for Effective Dispute Resolution, UK.
Having spent over three decades in the corporate sector, Ms. Ahmad brings with her a tremendous amount of experience and expertise in the legal field, as well as proven leadership skills. She began her legal practice with the corporate law firm Surridge and Beecheno. Later, she went on to hold the position of Legal Counsel at Pakistan Petroleum Ltd., Unilever Pakistan Ltd. and ICI Pakistan Ltd. before moving onto Habib Bank Limited as the Company Secretary and General Counsel.
Ms. Ahmad has been associated with the Legal and Regulatory Committees of the Pakistan Bank Association and the Pakistan Business Council and has held several leadership positions throughout her professional career. She was Non-Executive Director of First Women Bank Limited (FWBL) and played an active role in setting up the Pakistan Mortgage Refinance Company (PMRC). With her strong interest in Corporate Governance and Training, Ms. Ahmad has been undertaking training assignments with the Pakistan Mediators Association, SZABIST and the Institute of Business Administration, Karachi.
Job Titles:
- Advisor of Premier Window Takaful Operations and Also As Shariah Coordinator at Indus Hospital
- Member of the Shariah Compliance Unit of Shariah Compliance Department
Mufti Muhammad Naveed Alam holds a Masters in Islamic Banking and Finance from University of Karachi and Shahadat ul Alamiyah and Takhassus (specialization in Islamic Jurisprudence and Fatwa) from Jamia Darul Uloom, Karachi. He is also a Certified Shariah Advisor & Auditor (CSAA) from Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI).
Mufti Muhammad Naveed Alam joined Meezan Bank in 2013 as a member of the Shariah Compliance Unit of Shariah Compliance Department. His main responsibilities include Islamic banking training, Shariah Compliance review and Shariah Audit of different departments and branches.
He is an active teacher / trainer at Center for Excellence in Islamic Finance (CEIF) of Institute of Business Administration (IBA) Karachi, Center of Islamic Economics (CIE) of Jamia Darul-Uloom Karachi, as well as several other renowned universities.
He is also a member of the Shariah Board of NBP Funds. Prior to joining as RSBM, Mufti Muhammad Naveed Alam has served as Shariah Advisor of Premier Window Takaful Operations and also as Shariah Coordinator at Indus Hospital.
Job Titles:
- Member of the Board
- Chairman of the Muslim Educational Society
Born in Bahrain, Sheikh Esam Mohamed Ishaq graduated from McGill University, Montreal, Canada and also studied Shariah with a number of Sheikhs in the traditional manner.
He is a member of the High Council of Islamic Affairs of the Government of Bahrain and holds various Shariah positions in many social, commercial and educational institutions. Currently, he also teaches Fiqh, Aqeeda and Tafseer courses in various Centers of Islamic studies, supervised by the Ministry of Islamic Affairs in Bahrain.
He holds memberships of the following institutions:
The Governance Board of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain
The Shariah Council of the Maldives Monetary Authority (MMA), Maldives
The Shariah Panel of International Islamic Financial Market (IIFM), Bahrain
Advisory Panel in Bahrain Institute of Banking and Finance (BIBF), Bahrain
In addition to membership of the Shariah Supervisory Boards of a number of local, regional and international Islamic Financial Institutions (IFIs), he is the Chairman of Shariah Supervisory Boards of the following IFIs:
The Family Bank for Microfinance, Bahrain
Tamweel Africa Holding, Senegal
Investment Dar Bank, Bahrain
Eco Islamic Bank, Kyrgyzstan
Al Barakah Islamic Bank, Pakistan
Furthermore, Sheikh Esam is Chairman of the Muslim Educational Society, Vice Chair & Shariah Advisor for Discover Islam Centre & member of the Board of Trustees of Al- Iman Islamic Schools, Bahrain.