Welcome to First Habib Modaraba

 (An Islamic Financial Institution)

Board of Directors

Wazir Mumtaz Ahmed - Chairman

Mr. Wazir Mumtaz Ahmed is a seasoned banker. His banking career span spread over a period of 55 years of committed and dedicated services. He started his banking career in 1961 and carried diversified experience on several senior positions. After completion of his Masters in Economics he got International Certifications in Commercial Law & Economics from London Chamber of Commerce. His career is a perfect combination of Integrity and Commitment which gave him additional advantage to reached up to the position of Senior Executive Vice President in the Bank.

 

Muhammad Shoaib Ibrahim - Chief Executive Officer

Muhammad Shoaib, is associated with First Habib Modaraba since the inception of modaraba. His extensive working experience in Non-Banking Islamic Financial institutions for more than two decades makes him senior most person with such rich experience of Islamic Finance in Pakistan. This intense exposure gave him the insight into the financial and technical aspects of fund management in Islamic way. He has done Master's in Business Administration (MBA) in Banking and Finance. He has completed Post Graduate Diploma (PGD) in Islamic Banking and Finance from Centre of Islamic Economics (Darul Ulum), Karachi, Pakistan. He is also Certified Islamic banker from Professional's Institute of Excellence who are academic partner of University of Marathon U.S.A. and Pakistan Institute of Banking Studies, Pakistan. On number of occasions he remained as an Executive Member of Modaraba Association of Pakistan and also remained the Chairman of Modaraba Association of Pakistan.

 

Syed Rasheed Akhtar – Director

Syed Rasheed Akhtar has rich experience in the banking field. His vast banking career spans over 36 years. He possesses Masters in Statistics degree from University of Karachi. He started his banking career from Habib Bank Limited in the year 1974 and carried diversified experience on very senior positions. He has been associated with HBZ Bank Limited, Habib African Bank, Habib Bank AG Zurich and Bank Indosuez. He also headed an independent Islamic Banking Division of HBZ Bank Limited, South Africa from 2006-2010. He successfully completed Certificate on Islamic Banking arranged by NIBAF, State Bank of Pakistan.

 

Mohammad Hashim – Director

Mr. Mohammad Hashim has vast experience in banking field. He has almost 44 years of banking experience of local and international banking. Mr. Hashim is a Commerce Graduate from University of Karachi and possess banking diploma from Institute of Bankers Pakistan (IBP), presently associated with Habib Metropolitan Bank Limited, handling as Head of Foreign Investors Portfolio Management. He has associated worked Habib Bank Limited, Habib Bank AG Zurich and Habib Metropolitan Bank Limited.