Veteran funding banker Khurram Schehzad has been named adviser to Finance Minister Mohammad Aurangzeb on monetary reforms, as the federal government ramps up efforts to drive transformative modifications throughout key financial sectors, aiming to set the nation on a trajectory of sustainable development.
“The prime minister has been happy to nominate Khurram Schehzad, as Adviser to Finance Minister on Economic & Financial Reforms (SPPS-I) within the Finance Division on a contract foundation, for a interval of two years, underneath commonplace phrases and situations, with quick impact and till additional orders,” learn a notification issued by Finance Division on Thursday.
Schehzad has served in varied management roles throughout key monetary disciplines i.e. funding banking, fairness technique, company finance advisory, discretionary/non-discretionary portfolio advisory and asset administration.
He beforehand labored with JS Group as CCO and Executive Vice President Investment Banking and has additionally served as EVP – Director, Investment Strategy, Research and Sales at Arif Habib Group.
Before Arif Habib, he served at Lakson Group’s Lakson Investments with AUMs at US$ 150 million (amongst top-10) the place he served because the SVP – Chief Investment Officer the place funds’ efficiency underneath his supervision remained within the prime quartiles whereas the listed Equity Fund achieved prime place first time since its inception.
He was ranked as one of many Top Analysts in Pakistan (by CFA Society) consecutively for 2008-09, 2009-10 and 2011-12. He additionally obtained in depth credit from “ASIAMONEY” for useful research- backing the Best Debt House 2010 award to his employer.
He has been appointed by the Government of Pakistan because the Youngest Member of the Board of the Privatisation Commission the place he has actively contributed to the latest profitable privatization offers.
He has additionally been appointed as one of many Youngest Executive Committee Members of the Board of Investment the place he’s actively contributed to the nation’s funding coverage making. Schehzad is an Independent Evaluator of the HEC/WB Technology Fund, and in addition a part of the Panel Experts of the Special Technology Zones Authority (STZA).
He can be an authorized Director from the Pakistan Institute of Corporate Governance. He can be a Member of the Global Advisory Council of the Harvard Business Review (HBR) along with being a Member of the South Asian Corporate Advisory Council.