Board of Directors

Profile of Directors

Sheikh Mukhtar Ahmed, started his business career immediately after migrating from India at the time of Independence of Pakistan in 1947 and contributed to the industrial and business growth of Pakistan through his entrepreneurship skills and business acumen. He has over 55 years of experience in establishing and successfully managing various industrial and financial companies. Under his auspices, Ibrahim Group has emerged as a leading conglomerate of the country. He joined the Board of Allied Bank in 2004 and the ABL AMC Board in 2008.


Muhammad Waseem Mukhtar, holds a Master’s degree in Total Quality Management (TQM) from University of Glamorgan, Wales, UK and has diversified experience of Finance, IT and Industry. He is on the Board of Allied Bank since 2004. His proactive strategic guidance played a vital role in technological up-gradation to enhance service quality across Allied Bank. He joined the Board of the ABL AMC in 2010.


Khalid A. Sherwani, is a seasoned banker with over 40 years of experience. He earlier served Allied Bank as CEO for two successive terms from 2000 to 2007 before re-appointment in June 2010 and played a key role in the turnaround of the bank since its restructuring in 2004. 

Before joining Allied Bank he was associated with United Bank Limited as its Chairman/CEO and House Building Finance Corporation as Managing Director. He was involved with the ABL AMC at the time of its incorporation as its Chairman/Director in 2007 and rejoined its Board in 2010.


Muhammad Yaseen, was Treasurer at Allied Bank Limited until 2011. He has had a distinguished career in banking and held senior positions at ABL, HBL and ABN AMRO. He is a Bachelor of Commerce (B.com) from the University of Sindh. He is a Treasury specialist and attended various training courses during his service like Foreign Exchange & Money Market Training at Citibank London in 1983, Asset & Liability Management conducted by ABN AMRO academy in Amsterdam, Pricing of Treasury Products conducted by ABN AMRO academy in Amsterdam and Dealing in Derivatives, directed by ABN AMRO academy in Singapore. 


M. Shakeb Murad, is the General Manager & Treasurer of ORIX Leasing Pakistan Limited. He completed his Master of Business Administration (MBA) form University of Santa Tomas (UST), Philippines in 1990. He has completed various professional courses some of which were conducted by the Investment Banking Academy from The Asian Bankers, Managerial Grid from Institute of Bankers of Pakistan and Specialized Treasury Products from ORIX Corporation, Japan 


Kamran Nishat, is the Managing Director and CEO of Muller & Phipps (Pakistan) Pvt. Ltd., and has over twenty eight years of diversified experience with leading organizations in Automotives, Textiles, Leather, Distribution and consulting sectors etc. He has represented organizations at the highest level in various industry forums and engagements with various bodies including Governmental Officials and has proven skills of crisis management and turning around difficult situations through a keen sense of strategy, tactics and perseverance. Mr. Kamran is a fellow member of the Institute of Chartered Accountants of Pakistan and also served as the member of the Accounting and Auditing Standards Committee (South) and Information Technology Committee (South) of the Institute of Chartered Accountants of Pakistan. Mr. Kamran is also the director of Karachi Chapter, Information systems Audit and Control Association, USA.


M. Jawaid Iqbal, CFA is Head of Corporate and Investment Banking Group at Allied Bank Limited. He holds a Masters in Business Administration (MBA), Associate ship Diplomas of The Charter Institute of Banker, UK and CFA Charter from CFA Institute, USA. He is also the current President of CFA Association of Pakistan. Before joining ABL, he served for National Bank of Pakistan and Emirates Bank International at senior positions.


Farid Ahmed Khan, CFA is the CEO of ABL Asset Management. He 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. Prior to that, he worked for MCB, initially as Head of Investment Banking Group and later as the CEO of MCB Asset Management. 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.

Daily NAV

Applicable for:    February 22,2012
Fund Offer Redemption
ABL-IF 10.1729 10.1729
ABL-SF 11.6698 11.3299
ABL-IIF 10.1841 10.1841
ABL-GSF-A 10.1506 10.1506
ABL-GSF-B 10.2072 10.2072
Applicable for:    February 23,2012
ABL-CF 10.1770 10.1770
Allied Bank Limited