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ABL AMC Management Mr. Farid Ahmed Khan, CFA Chief Executive Officer An accomplished, results-oriented leader, Farid has been involved with capital markets for over 16 years and has a broad-based, global experience with bulge bracket firms in Asset Management, Investment Banking, Investment Research and Sales, Business Development & International Project Finance. He joined ABL AMC from Credit Suisse, where he was the Country Manager of Credit Suisse Pakistan and a member of Credit Suisse' Asia Pacific Management Committee. Prior to that, he worked for MCB, initially as Head of Investment Banking Group and later as the CEO of MCB Asset Management, where he was instrumental in successfully launching this new business for MCB Bank. Farid has extensive experience outside Pakistan, having worked at Morgan Stanley, ING Barings Securities and CLSA Emerging Markets in Kuala Lumpur, London and Istanbul in a variety of senior positions. He holds an MBA in Finance from IBA, Karachi and got his CFA qualification in 1998. | ||
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Mr. Sulaiman Sadruddin Mehdi, ACIS Chief Operating Officer & Company Secretary Sulaiman has over nine years experience of working with leading Financial Services Groups in senior positions in the area of operations, investments, marketing and legal/corporate affairs. He joined Allied Bank Limited-Corporate and Investment Banking Group as Senior Vice President (SVP) in June 2007 and served till December 31, 2008, and was primarily responsible for the formation of ABL Asset Management Company Limited. Before joining ABL, Sulaiman served as the Chief Operating Officer (COO) and Company Secretary (CS) of PICIC Asset Management Company Ltd. - one of the leading Asset Management Company of Pakistan from July 2004 to June 2007. Sulaiman holds a Master's degree and is also an Associate member of the Institute of Corporate Secretaries of Pakistan (ACISP). Syed Khalid Husain Head of Business Development Khalid brings with him 25 years of rich experience of Banking both in Corporate and Retail sectors. His last position was Head of Karachi City Region of Allied Bank, which is the largest region of Pakistan for ABL in terms of business. He was also looking after the Corporate Deposits of Sind and Baluchistan Province’s .He has participated in Seminars and Training Programs within Pakistan and abroad. He has represented Allied Bank in the International Banking course organized by State Bank Of Pakistan in which 20 Countries Participated. He has also worked as Chief Manager in the “Top Business Branches” of Karachi and under his supervision these branches won the “Best Branch of Pakistan”,‘’ Best Branch of Sind’’, awards. Mr. Faisal Nadeem Mangroria, ACA, CMA (UK) Head of Internal Audit & Compliance Faisal is a Chartered Accountant (CA) and an associate member of the Institute of Chartered Accountant Pakistan (ICAP). He has also passed his Chartered Management Accountancy exams from the Chartered Institute of Management Accountants, UK, and has completed his article ship from Ford, Rhodes, Robson, Morrow, a member of Ernst & Young International (EYI). He has professional experience at the executive cadre in Pakistan Industrial Credit and Investment Corporation (PICIC) where he managed the risk of institutional and retail portfolios of the company. He also served at First Credit & Investment Bank Limited (formerly known as First Credit & Discount Corporation Limited) an investment bank owned by National Bank of Pakistan (NBP) where he was involved in the areas of core finance, risk management and internal audit. Before joining ABL AMC he served as the Chief Financial Officer at Khoja’s Capital Management (Pvt.) Ltd. Mr. Saqib Matin, ACA, APA Chief Financial Officer Saqib is a Chartered Accountant (CA) and an Associate Member of the Institute of Chartered Accountants of Pakistan as well as an Associate Member of Pakistan Institute of Public Finance Accountants. He joined ABL Asset Management Company Limited in January 2008 as Chief Financial Officer. He brings with him more than 10 years of diversified experience in the fields of accountancy, taxation, corporate and audit. Previously, he was associated with Atlas Asset Management Limited as Manager Fund Accounting & Financial Reporting. He also served in SME Bank Limited and Sapphire Textile Mills Limited as Manager Accounts. He commenced his professional career from Hameed Chaudhri & Co., Chartered Accountants. Syed Hassan Mehdi Head of Registrar Services & Manager Operations Hassan is a MBA with a Major in Finance. He was associated with Union Leasing Limited (Presently Standard Chartered Leasing Limited). He previously served as Manager Operations with National Fullerton Asset Management Limited (NAFA). Hassan has extensive experience of the financial sector, which spans over fourteen years. Mr. Hammad Ali Abbas Fund Manager Hammad brings with him knowledge and experience pertaining to the mutual fund industry as well as corporate and treasury markets. His expertise lies in the launch and management of Mutual Funds. He has served with institutions such as NAFA where he held the position of an Assistant Fund Manager, a Senior Executive, Corporate & Investment Banking at ORIX Investment Bank Ltd. and a Corporate Dealer at Pak Oman Investment Company Ltd. dealing primarily in equity, debt and money market instruments. He is a Bachelor (Hons) in Business and IT from Birmingham City University, UK and Master in Business and IT from The University of Manchester, UK. Kamran Aziz Fund Manager Kamran Aziz graduated from IBA in 2008 and joined ABL AMC as a Research Analyst covering Fertilizer and Banking sector of Pakistan. He recently cleared CFA Level 2 examination and is a registered CFA Level 3 candidate for June 2010. Currently he is working as a Fund Manager for ABL Stock Fund, which consistently ranks among the best performing equity funds of the industry. He strongly believes in ‘value investing’ and is involved in advocating the same at various forums. Prior to joining the industry he ran his own web-based B2B company, which catered to websites in US and Europe. Kamran Aziz is an avid learner and takes keen interest in voluntary activities. He’s been an active (voluntary) member of CFA Association of Pakistan for past one and a half years. He has also been a speaker at various seminars and in-house discussions on stock market. Currently he is heading the Newsletter Committee of CFA Association of Pakistan. |
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| Daily NAV July 30, 2010 | ||
| Fund | Offer | Redemption |
| ABL-IF | 10.0987 | 10.0987 |
| ABL-SF | 11.2438 | 10.9163 |