Management Committee

Muhammad Nasir Ali Syed – Chief Executive Officer

Muhammad Nasir Ali Syed is a seasoned professional with over twenty three years of rich experience and commendable achievements in the diversified areas of operations and sales in the Life Insurance & Takaful industry of Pakistan. The seasoned Takaful ambassador is a founding member and Chief Executive Officer of Pak-Qatar Family Takaful Limited, serving this pioneering venture since February 2007.

Mr. Nasir holds a Masters Degree in Biochemistry from Karachi University, an ALMI qualification from LOMA, USA and a Post-graduate Diploma in Islamic Banking & Takaful from CEI (a division of Jamia Darul Uloom Karachi). He started his career with Universal Express and later joined State Express. In 1995, he began his insurance-carrier at the American Life Insurance (ALICO), as a founding member of the Underwriting Department. In 1997, he moved to Commercial Union Life Assurance Company, where he established the Group Health Department of the organization. After progressing through multiple senior-level management positions in New Jubilee life Insurance Company, his vision and passion for Islamic Finance inspired him to take the opportunity of joining the Shariah-compliant – Takaful industry during the initial phase of its development.

In February 2007, he joined Pak-Qatar Family Takaful Limited - Pakistan’s first Family-Takaful venture, as the Head of Operations. Since then, he has successfully established and evolved the robust and effective systems and procedures to successfully run the entire Takaful operations, with the help of his dedicated and visionary team, while deploying the latest technologies and global best-practices in the business. Due to his outstanding performance, the Board of Directors at Pak-Qatar Family Takaful elevated him to the position of Chief Executive Officer, in 2012.

Over the years, he has attended many national and international conferences, seminars, courses and workshops while representing the protection industry of Pakistan on numerous international forums. He is an active participant and member of various developmental committees to share his wisdom and experience to expand the awareness of insurance/Takaful and promote ‘financial-inclusion’ in Pakistan.

With Allah’s blessings and the hard work of its entire workforce, Pak-Qatar Family Takaful is ranked as one of the most successful enterprises in the industry, that provides the best shariah-compliant products and most competitive financial-protection services, to everyone, across many diverse consumer segments. Under his insightful leadership, the company has won several accolades including the “Best Takaful Company award” in 2016, conferred by the President of Pakistan - H.E. Mr. Mamnoon Hussain, while the ‘International Takaful Summit’ held recently in London, also adorned it with the title of ‘Best Takaful Company in Pakistan’.

Muhammad Menhas – Country Head Sales & Deputy Chief Executive Officer

Mr. Muhammad Menhas assumed the position of Deputy Chief Executive Officer and Country Head of Pak-Qatar Family Takaful in January 2013. Before joining Pak-Qatar Family Takaful, he served as Area Director at Jubilee Life Insurance Company (Pvt) Ltd. He is a graduate of Business Administration with a specialization in Marketing.

Mr. Menhas started his career as a Marketing Manager at a reputable business house of petroleum sector and later joined Life Insurance Industry in the start of 1998. He has over 15 years of experience with a diversified portfolio in the field of Insurance. He is one of the distinguished personalities in insurance industry with a list of achievements. His joining has given a new look and heights to Pak Qatar Family Takaful. All through his professional career, Mr. Menhas occupied a good number of prestigious and high profile offices in different organizations.

Mr. Menhas has thereon successfully risen through the ranks by handling multidimensional assignments and heading all the major functions at various points in time. He has written his name in the list of highly successful people through his dedicated efforts, inspired leadership and management skills. He has been instrumental in scaling up the business. During his long stay with the Insurance Industry, he had varied exposure in different operational and business areas.

M. Kamran Saleem – General Manager, Finance, Accounts & Legal

Muhammad Kamran Saleem is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP); Institute of Cost and Management Accountants of Pakistan (ICMAP); Institute of Corporate Secretaries of Pakistan (ICSP); and Pakistan Institute of Public Finance Accountants (PIPFA). He passed all exams with flying colors including three gold-medals in ICAP; Certificate of Merit in ICMAP and Second position in PGD. Besides, he is a Law graduate and post-graduate in Commerce.

Mr. Kamran Saleem has successfully risen to the position of General Manager by handling multidimensional assignments and heading all the major functions in the company at various points in time. With such an illustrative and solid background in Finance, Mr. Saleem has been instrumental in ensuring that all operations of the company are well managed with the highest level of integrity and transparency which are the hallmark of the company. He has the distinction of successfully implementing Company policies and practices with internationally recognized best practices in Accounts, Finance & Legal, and has struggled to streamline all the various processes related to Financial Management and Legal & Compliance.

During his long stay with the company, he had varied exposure in different operational and business areas, which also included the position of Head of Human Resources during (July-2011 to June-2014). As Head of HR, he provided proactive leadership and created an internationally harmonized environment through the development of best-practices policies and programs in key areas like recruitment, retention, promotion, employee relations, benefits and compensation. He was instrumental in the creation of effective training programs tied to the company’s priorities. As Head of HR, he was primarily engaged in developing superior workforce, development of an employee-oriented company culture that emphasizes quality, continuous improvement, high performance & personal ongoing development. He conceptualized and developed Employee Handbook and HR Manual carrying all relevant details and information mandatory for an employee. He successfully managed all operational and strategic activities of the company resulting in an employee-oriented, high performance culture that emphasized on quality, productivity and standards, goal attainment, and the ongoing development of workforce.

As Head of Legal, Mr. Kamran is putting his best efforts for extremely challenging and sensitive position in order to ensure business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures.

Mr. Kamran Saleem also served as the Vice-Chairman of ‘Islamic Banking and Takaful’ Committee of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI).

Waqas Ahmad – Chief Operating Officer, Individual Life/Bancatakaful/Alternate Distribution Channel

Mr. Waqas has over 22+ years of rich, versatile and rigorous experience in the Life Insurance operations with well-reputed Insurance companies at senior level positions. His expertise lies in almost all the spectrums of Life insurance including Underwriting, Client Service, Bancatakaful operations, Product Development and Branch management. Being a part of the company since inception, he was instrumental in setting up Individual Life Operations department and formulating process mapping for various key functions of Individual Life segment at Pak-Qatar Family Takaful Limited.

Mr. Waqas has done ACSC, FLMI and MBA. In addition, he has to his credit a Post Graduate Diploma in Islamic Finance from Centre for Islamic Economics, Jamia Dar-ul-Uloom, Karachi.

Saqib Zeeshan – Head of Corporate Sales

Mr. Saqib Zeeshan has over 18+ years of rich work experience of Insurance, Takaful and Health industry in Pakistan. He worked at Indus Hospital as Head of Communications, Resource Development & Marketing. He is one of the founding members of Pak-Qatar Family Takaful and was instrumental in setting up the department. Prior to joining PQFTL, Mr. Saqib worked at senior level positions in ALICO, Commercial Union Life Assurance Pakistan and Allianz EFU Health Insurance Limited. He holds an MBA degree as well as PGD in Islamic Banking and Finance.

Azeem Iqbal Pirani - Country-Head, Bancatakaful and Alternate Distribution Channel

Mr. Azeem Iqbal Pirani is the Country Head for BancaTakaful and Alternate Distribution Channels at Pak-Qatar Family Takaful (PQFTL).

Prior to joining PQFTL, he was the Regional Head for Pakistan at FWU AG. As the main representative for the Munich head-quartered company in Pakistan, he was responsible for setting up the branch as well as putting in place the required agreements to enable it to carry out its business of facilitating BancaTakaful. FWU is presently the largest global distributor of BancaTakaful.

Prior to joining FWU AG, Mr. Azeem was Head of Marketing & Alternate Distribution at Pak-Qatar Family Takaful, Pakistan’s first Family Takaful Operator. He also served as Manager - Marketing and Contact Center Department at Meezan Bank Limited, Pakistan’s first and largest dedicated Islamic bank.

On the social front, Azeem is one of the founding trustees at Ihsaas Trust (A Shariah compliant microfinance provider which aims to help its brothers and sisters in humanity become self-reliant).

Azeem has published a number of articles in the field of Islamic finance and Takaful and is frequently invited to speak on these subjects at various venues including universities and television programs. He holds a Postgraduate Diploma in Islamic Banking and Finance from the Center of Islamic Economics in Pakistan, an MBA in International Business from the University of New Brunswick in Canada, and a BBA in Finance from the University of Houston in the United States.

Muhammad Umair - Head of Information Technology & Systems

Mr. Umair possesses over 16 years of versatile and hands-on experience in almost all the spectrums of IT including but not limited to IT Infrastructure, ERP & Business Intelligence, Project Management, Networking, Web Servers, Languages and Databases.

Mr. Umair has done MS in Computer Engineering from Sir Syed University of Engineering & Technology, Karachi. He worked at senior positions with different companies including Ace Aims (Pvt) Limited, Trakker (Pvt.) limited and National Bank of Pakistan (Islamic Banking).

Shaikh Saifuddin – Head of Administration & Procurement

Mr.Saifuddin is a Bachelor of Science in Statistics and holds several certifications in Engineering and Information Technology. He is supervising Administration and IT for Pak-Qatar Family Takaful Limited since January 2007. He holds over 14 years of diversified experience in the areas of Administration and Software Support.

Muneeb Afzal Lone – Head of Internal Audit

Mr. Muneeb Afzal Lone has conducted and supervised audits of large public and private companies including Banks, Insurance companies and Manufacturing and Trading enterprises. He has been associated with Pak-Qatar General Takaful Limited since 2008, and has made himself invaluable to the Company since then with respect to business investigation and performance evaluation. He is responsible for ensuring the Company’s compliance to IIA’s standards for professional practices. He has performed many special assignments for the Company, and was a member of the Steering Committee of SAP ERP implementation.

Nameer Sartaj Khan – Head of Marketing & Strategic Initiative

Mr. Nameer Khan is a dynamic young talent in the insurance industry with diversified experience in various industries of Information Technology, Media, Logistics. Being a new bee in the Insurance sector he has evidently succeeded in shaking up the stigma associated to the insurance sector “dearth of young insurance leaders”.

In his current role at Pak Qatar Takaful Group (Pioneer of Takaful in Pakistan) - Nameer is responsible for providing strategic insights and direction for the company by closely working with the top management to establish long term goals and devise marketing strategies. While being in constant coordination with major Islamic banks in Pakistan, he has successfully pioneered an entirely new concept of Corporate Bancassurance including a range of corporate insurance products - which never existed in Pakistan. These products are aimed at increasing insurance penetration rate and harnessing the key channels of the banks.

Critical to this success lies in his strategic thinking through which he has managed to introduce key analytics and data orientation to the insurance sector - that aims at increasing the efficiency and effectiveness of decisions in the insurance sector of Pakistan. Moreover, Nameer is also a successful short listed candidate for Harvard Business School’s MBA Class of 2017 but at present is closely working with HBS’s case research group on developing case studies on the Islamic Finance.

Mufti Muhammad Zahid Sangharwi– Shariah Compliance Officer

Mufti Zahid Sangharwi completed his dissertation in Islamic Jurisprudence with outstanding record throughout his academic career, winning numerous awards. Well-versed in the sciences of Islamic Jurisprudence, Mufti Zahid focuses on presenting Islamic solutions to problems related to the modern existence, thereby applying his acumen in bringing the modern world abreast with the Shariah. He provides Takaful and Risk Management training to the employees. At the same time, he is responsible for complete coordination between the management and Shariah Advisory Board of the Company for all activities which have a legal bearing with respect to the Shariah. Thus, he ensures overall Shariah compliance by monitoring and auditing the application of Takaful to different situations.