Board of Directors
Nauman 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
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
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.
Sharjeel Murtaza
Khurram Tariq
Dr Khurram Tariq is the Chief Executive of Kay & Emms (Pvt.) Ltd, is one of the leading manufacturer and exporter of Quality garments and fabrics. He transformed the company from a small enterprise to a sizeable Multinational company with exports to major countries and now ranks 3rd in the region, leads in value addition countrywide. He has held multiple executive positions which include Central Chairman PHMA (Pakistan Hosiery Manufacturers & Exporters Association), Chairman Standing Committee, FPCCI (Federation of Pakistan Chambers of Commerce & Industry) on Value Added Textiles, Chairman, Millat Industrial Estate, Faisalabad, Member, Board of Directors, FESCO (Faisalabad Electric Supply Company) ($1.50B Power Distribution Company), Member, Board of Directors FIEDMC (Faisalabad Industrial Estate Development & Management Company) Board, Member, Technical Committee, FBR, Islamabad, Member Board of Studies, Pakistan Institute of Development Economics, Quaid-i-Azam University, Islamabad.
Dr. Khurram is very active in social circles and contributes in many small to large welfare organizations. He is active donor in number of healthcare projects and set up own K-Foundation also. Kay & Emms runs a government school also. He also takes keen interest in academic institutions and contributes in various boards and committees of the universities.
Etrat Hussain Rizivi
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.
Javed Iqbal
CEO
Javed Iqbal has 30 years of banking experience in the areas of Investment, corporate, commercial, and SME Banking. He started his career with Al Faysal Investment Bank and over the years, he has headed SME/Commercial Business at Faysal Bank, United Bank Limited, and Standard Chartered Bank Limited. Prior to Joining Parwaaz Financial Services Limited, he was serving as Head of Commercial and SME banking at Bank al Falah Limited.
Javed Iqbal has led sustainable growth in SME banking, championing in areas like financial inclusion for SMEs, introducing best practices, and multi-donor-led investment programmes. Key initiatives are the provision of Non-Financial Advisory Services (NFAS) in the SME space by launching SME Toolkit – an online solutions portal aimed at providing advisory, global best practices, key tools/enablers, and induction of value chain based customized solutions, bringing scale in the SME segment and addressing the needs for financial inclusions.