TREC Holder: Pakistan Stock Exchange Limited
Registered Broker: Securities & Exchange Commission of Pakistan
Mrs. Hina Junaid is the eldest daughter of the AKD Group Chairman and currently serves as Chairperson AKD Securities Limited since being elected in 2007. Mrs. Junaid has been part of the family business at an early age in various facets and is accredited with the establishment and launch of AKD Commodities (Pvt.) Limited in 2011 where she currently serves as a Non-Executive Director on the board and AKD Analytics (formerly Bright Securities) which provides professional end-to-end financial services to clients in the MENA region and GCC in particular.
At AKD Securities Limited, Mrs. Junaid retains oversight of the company's brokerage division where her extensive network is levered to ensure AKD Securities Limited provides the best execution for large block trades with the tightest pricing.
Prior to becoming Chairperson of AKD Securities, Hina gained extensive experience working in the fields of client/portfolio management, equity sales and business development focusing on an extensive client base including domestic institutions and High Net Worth Individuals.
Hina has developed a reputation as a shrewd investor, identifying key inflection points in specific stocks and sectors as well as the broader market. She brings with her a rich contact network base which underpins the continued success of AKD Securities Limited as one of the leading Brokerage Houses of Pakistan.
Mrs. Junaid also serves as a Director AKD Venture Fund Ltd. (Pakistan's First Venture Capital Fund), Creek Developers (Pvt.) Ltd. (in the process of launching one of Pakistan's largest residential and commercial real estate projects) and Oil & Gas Investments Limited (OGIL) which has exploration and development acreage across Pakistan.
Mrs. Junaid is also an active philanthropist and undertakes various charitable causes and social welfare projects for women empowerment, children education, medical research and poverty alleviation across Pakistan. She is actively involved with various institutions and foundations which include: HANDS, WWF, SIUT and ORANGE TREE.
Mr. Alam has over 20 years of experience in the financial sector. Before joining AKD Securities as Deputy CEO in 2007, he was working first as the Head of Mutual Funds Division and then as the Head of Treasury at Pakistan Industrial Credit and Investment Corporation (PICIC) where he was involved in first buy out of state-owned mutual funds by the Privatization Commission and thereafter in managing the funds. He also spearheaded mergers of 13 closed end funds into one fund by identifying and adopting the shortest legal course eliminating courts involvements. Under his dynamic leadership, the Net Asset Value (NAV) of the funds grew at a very healthy pace beating KSE- 100 index and other parameters set by the management. Mr. Alam gauged the appetite of the market and raised over Rs. 3.4 billion through right issues by first convincing the management, board of directors and then the investors, which was a new trend in the mutual fund industry.
Mr. Alam also reorganized ICP SEMF under NBFC Rules 2003 and managed floatation of two new funds.
Mr. Alam acted as the Domestic Consultant for Asian Development Bank on Financial Sector Intermediation Loan (FSIL), during 2004. The assignment included review and reporting on various policies and procedures agreed by the Government of Pakistan with ADB. These related mainly to monetary policy, foreign exchanges, money and capital markets.
Before joining PICIC, he was the Head of Finance and Secretary to the Executive Committee and Board of Directors at CIRC, Government of Pakistan where he was actively involved in remedial banking. He paved the way for Government institutions to place their funds with private sector banks meeting certain criteria which not only enhanced the income of the corporation but also cleared the hurdle for other organizations once for all.
He has extensive investment banking experience which he gained during 10 years of his stay with Crescent Investment Bank Limited-the first investment bank in Pakistan, where he served in various capacities including Treasurer, Equity Strategist, Chief Financial Officer and Manager Corporate Finance. He also managed clients portfolio of over PKR 3 billion.
Mr. Alam is a fellow of Chartered Accountants (FCA) and serves on various Committees of the Institute of Chartered Accountants including a high powered Economic Advisory Committee.
Mr. Tariq Adam Ghumra joined AKD Group in July, 1995 as a Manager Operations - Capital Market Division. At present, he is Director, Head of Equity Operations & Registered Agent of (SECP). He is responsible to monitor trades executions & clients exposures; developing relationship with financial institutions, local high net worth clients and investors; conducting reviews and evaluations for cost-reduction opportunities; prepared
proposal for commission on the basis of cost; analyzing regulatory changes and advising accordingly for system development; liaising with SECP & CDC auditors to ensure annual monitoring is carried out; monitoring cash flows of settlements; arranging new sources of finance for a company's debt facilities; Compiling financial reports on weekly basis & forward to the financial adviser ; monitoring financial accounts and reporting systems; monitoring Settlements Operations. Mr. Ghumra hold a degree of MBA-Finance, he was also serve as a Director of Metropolitan Steel Limited. He worked at Bear Stearns Jahangir Siddiqui Limited as a Manager Customer Service, & also held the post of Assistant Manager Operations.