Muhammad Shoaib Ibrahim elected chairman of NBFI & MAP
KARACHI: Muhammad Shoaib Ibrahim, Chief Executive, First Habib Modaraba has been elected as Chairman, Mian Faysal Riaz, Chief Operating Officer, OLP Financial Services Pakistan Limited as Senior Vice Chairman and Abdul Rauf Chandio, Chief Executive Officer, Sindh Modaraba as Vice Chairman of NBFI & Modaraba Association of Pakistan for the year 2026-27 & 2027-28. The new committee will assume the…
Karachi - Muhammad Shoaib Ibrahim, Chief Executive Officer of First Habib Modaraba, has been elected as the new Chairman of the NBFI & Modaraba Association of Pakistan for the years 2026-27 and 2027-28. Mian Faysal Riaz, Chief Operating Officer of OLP Financial Services Pakistan Limited, will serve as the Senior Vice Chairman, while Abdul Rauf Chandio, Chief Executive Officer of Sindh Modaraba, will be the Vice Chairman for the two-year tenure starting on October 1, 2026, and ending on September 30, 2028.
The newly elected committee comprises other Executive Committee Members such as Waqas Ahmad Khwaja, CEO of OLP Modaraba; Javed Iqbal, CEO of Parwaaz Financial Services Limited; Naweed Akhtar Sharif, CEO of Smart Finance Limited; Faiq Sattar Khan, CEO of Asaan Ghar Finance Limited; Syed Nouman Akhtar, COO of Cordoba Financial Services Limited; Shiraz Butt, COO of First Punjab Modaraba; and Azka Amin, CS of PostEx Financial Services (Pvt) Limited.
The election was observed by Zulfikar Ali Shah, the Director General of Treasury Operations, who was also present at the Annual General Meeting (AGM). The AGM saw the participation of a large number of CEOs and other executives from the sector.
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