BOARD
OF DIRECTORS
Nouman Ansari
Chairperson, Board of Directors
Nauman Ansari has over 20 years of rich Credit, Corporate and Investment Banking experience, having been associated with Standard Chartered Bank, Bank of America, Faysal Bank and Bank Al Falah.
Passionate and result driven banking executive with multi-functional and varied international leadership experience gained at some of the leading global and regional banking institutions. Proven track record to direct financial operations of $6BN+ asset base. Able to deliver significant revenue growth through appropriate strategy development and effective execution delivery.
Yameen Kerai
Board Director
After graduating from the London School of Economics and qualifying as a Chartered Accountant, Yameen Kerai continued his career in public accounting in London and in Saudi Arabia before moving to Toronto to perform senior Finance roles at Canada Life Assurance Company. Subsequently he moved to Pakistan as CFO of ABN AMRO NV overseeing the transition of the franchise into a leading consumer, corporate and investment bank. He was then appointed Regional CFO-Asia Pacific based in Singapore overseeing Finance functions of ABN AMRO in 11 countries. Yameen Kerai moved back to Pakistan as CFO of the then newly established NIB Bank majority funded by Temasek, a Singapore sovereign fund.
During his tenure, NIB executed a transformational business strategy for SME and Consumer segments in Pakistan, acquired PICIC a bank 6 times its size, and arranged funding through equity and capital market actions. As nominee Board Director representing NIB, Yameen Kerai was involved in driving strategy for ex PICIC Asset Management Company, National Investment Trust Limited and ex PICIC Insurance. Yameen Kerai retired as President and CEO of NIB Bank in 2017 after its merger with MCB Bank.
Navid Goraya
Board Director
Navid Goraya brings with him over 30 years of global experience in financial service, including Investment banking, private equity, impact investing, and corporate finance advisory. At Karandaaz, he is currently responsible for managing an ESG driven Impact Investment Fund with the objective of increasing the financial inclusion of MSMEs and also employment growth for youth and women. The fund’s strategy is to invest in innovative credit pilots, private equity transactions and setting up of strategic investments. Before joining Karandaaz as the Chief Investment Officer, he was leading a strategic advisory firm, in the USA where he was involved in serving financial services firms for their cross-border activities in the USA, Middle East, South East Asia and South Asia. Earlier, at HSBC USA, Navid advised approx US$6 billion in specialized investment funds of HSBC covering North America, the GCC, and South East Asia. He has also led specialized Investment Banking teams at the Royal Bank of Scotland and Qatar National Bank. At IICG Bahrain, he led a Capital Markets Group managing proprietary funds and endowment portfolios.
Navid has an MBA from IBA (University of Karachi) and has also attended the High-Performance Leadership Programs at INSEAD – Fontainebleau – and London Business School. He also serves on the boards of Pakistan Microfinance Investment Company, Infra Zamin Pakistan, and the advisory paenl of a life sciences company and the investment committee of a fintech in New York with NASDAQ listed products.
Shumaila Rifaqat
Board Director
Shumaila Rifaqat brings with her 15 years of work experience in influencing public policy, designing and implementing large scale reform programmes, institutional development and change management. Prior to joining Karandaaz, she was associated with DFID Pakistan as Governance Advisor & Tax Lead on Economic Reform support to government and private sector.
She has also worked with World Bank-Pakistan as Social Protection Specialist and Asian Development Bank as Programme Analyst – Governance Unit. Shumaila holds a Masters in Public Administration (MPA) from Harvard University, Cambridge and a Masters in Economics (MSc.) from Quaid-e-Azam University, Islamabad.
Sharjeel Murtaza
Board Director
Sharjeel Murtaza is an astute professional with 18+ years of diverse automation, transformation, and digitalization experience garnered by successfully delivering in the corporate, public, and development sectors. He currently serves as the Chief Digital Officer at Karandaaz Pakistan, looking after the Gates Foundation’s mission of building an inclusive financial eco-system for the unserved and the underserved.
Sharjeel is highly passionate about building an interoperable digital eco-system and catalyzing innovation for making financial products and services accessible and affordable to all individuals and businesses, regardless of their net worth. He is an avid proponent of digital public infrastructure, business process improvement, and focus on change management for attainment of higher value from transformative interventions.
As a Member on the Board of Directors for Parwaaz Financial Services Limited, Sharjeel serves on the Board’s Audit, Human Resource, and IT committees.
Etrat Hussain Rizvi
Board Director
Etrat Rizvi possesses a unique combination of gritty professionalism coupled with sound academics and a track record of achievements which include the creation, revival and consolidation of various institutions. He has over 40 years’ experience of working in private and public sectors in the fields of banking, development finance, manufacturing, utility and regulatory organizations.
He established and operationalized couple of NBFCs including leasing, investment banking and asset management and advisory. He has served as chairman, The Bank of Khyber (KPK nominee), Director Bankers Equity (SBP nominee), Karachi Stock Exchange (SECP Nominee), and Pakistan Reinsurance Company (MoC nominee).
He served SECP as commissioner, Insurance, NBFCs and Legal and contributed in implementing the Code of Corporate Governance.
He has also been associated with the Institute of Business Administration Karachi (IBA) as visiting faculty and has taught Corporate Law, Finance, Cost Accounting, Financial Management etc. Other faculty associations include National School of Policy, Lahore, NIPA, Karachi, Lahore & Muzzafarabad, Economic Development Institute, Asian Development Bank, and Islamic Development Bank.
Presently he is serving on Boards of Privatization commission (GoP), Sindh Solid Waste Management Board (Go Sindh), Sindh Education City (Go Sindh) and Trust Modaraba.
