Senior Management

Dr. Amjad Waheed, CFA, Chief Executive Officer (CEO)


Dr. Amjad Waheed holds a Doctorate in Business Administration with a major in Investments and Finance from Southern Illinois University, USA and is also a Chartered Financial Analyst (CFA). Since inception, Dr. Amjad Waheed is the CEO of NBP Fullerton Asset Management Ltd (NAFA), which is a subsidiary of National Bank of Pakistan, with Fullerton Fund Management Company of Singapore as the other joint venture partner. NAFA is presently managing twenty two mutual funds, 2 pension funds and several Advisory portfolios with over Rs. 101 Billion (As of October 31, 2017) invested in these funds.

Before joining NAFA, Dr. Amjad was Head of Equity Mutual Funds & Portfolios at Riyadh Bank, Saudi Arabia, for about 5 years where he was managing around US$ 7.5 billion invested in 22 mutual funds. Prior to that Dr. Amjad was Head of Asset Management at NIT, and Chief Operating Officer of FC-ABN AMRO Equities for several years. Before moving back to Pakistan, Dr. Amjad was Assistant Professor of Finance at Tennessee State University, USA and has published several articles in top journals of the world such as Journal of Banking & Finance and Financial Management.

Dr. Amjad has served on the Board of various companies including BankIslami Pakistan, Siemens (Pakistan) Engineering Co.Ltd., Nishat Mills Ltd., PICIC, Askari Bank Ltd., Millat Tractors Ltd., Fauji Fertilizer Company Ltd., Pakistan Tobacco Company Ltd., Parke-Davis & Company Ltd., Treet Corporation Ltd., Atlas Investment Bank Ltd., Gul Ahmed Textile Mills Ltd., Bata Pakistan Ltd. and Mehran Sugar Mills Ltd. among others. He has also served as Chairman, Mutual Funds Association of Pakistan (MUFAP).

Mr. Sajjad Anwar, CFA, Chief Investment Officer


Mr. Sajjad joined NAFA in June 2007 and gradually progressed to the position of Chief Investment Officer. At NAFA he is heading the team that has successfully launched and managed several mutual funds and portfolios in diverse categories such as equity, fixed income, Shariah compliant and capital protected structure. These funds have been consistently amongst the top performers. Mr. Sajjad is MBA in Finance and Chartered Financial Analyst (CFA) charterholder. Prior to joining NAFA, he was working as Manager Strategic Risk Management with Army Welfare Trust (AWT).
Mr. Sajjad has been associated with the company for the last 08 years.

Mr. M. Murtaza Ali, COO & Company Secretary


Mr. Murtaza is the COO and the Company Secretary of NAFA. He is a fellow member of three Institutes, namely; The Institute of Chartered Accountant of Pakistan, The Institute of Chartered Secretaries & Managers, and The Institute of Taxation Management. He holds 22 years of experience. Mr. Murtaza has been associated with NAFA for 10 years. Prior to NAFA, he served Union Leasing Limited as CFO and Company Secretary for a period of almost five years. He completed his Article-ship from A.F. Ferguson and Co. (Chartered Accountants) a member firm of PricewaterhouseCoopers. In this capacity he conducted and finalized audits of several businesses.

Mr. Khalid Mehmood, Chief Financial Officer


Mr. Khalid is the fellow member of ICMAP. He is holding the position of Chief Financial Officer at NBP Fullerton Asset Management Limited, a subsidiary of National Bank of Pakistan. He has been associated with Mutual Fund Industry for last 15 years. During his professional career, he exhibited sound leadership skills with a successful track record of system development and implementation. He has represented ICMA Pakistan at various forums and also served its Karachi Branch Council at various capacities in the past. He is also the member of Professional Accountants in Business Committee of South Asian Federation of Accountants, an apex body of SAARC. Economy and Governance are two subjects of his great interest which is very much evident by his dedicated contribution through number of valuable articles published in esteemed news papers and journals.
Mr. Khalid has been associated with the company for around 11 years.

Mr. Samiuddin Ahmed, Country Head Corporate Marketing & Sales


Mr. Samiuddin Joined NAFA in August 2013 to look after overall corporate sales & marketing portfolio of the company. With total experience spanned over 11 years in financial markets of Pakistan with local & international brokerage houses and leading asset management companies, he has performed in various roles including management of distribution channel, training & liaison with priority banking teams and leading corporate sales team engaged in promoting asset management products in Pakistan.
He is a graduate and also a member of Institute of Capital Markets. Before joining NAFA, Mr. Ahmed was associated with UBL Fund Managers as Regional Manager Corporate Sales.
Mr. Samiuddin has been associated with NAFA for the past 02 years

Mr. Ozair Khan, Chief Technology Officer


Mr. Ozair has a Masters degree in Management Information Systems from University of Texas at Dallas, USA. He has over 17 years of working experience in the field of Information Technology. His experience includes Operational Risk Management, IT Security, designing & development of business applications, planning and implementation of Disaster Recovery and Business Continuity Program.
Before joining NBP Fullerton Asset Management Limited (Formerly; National Fullerton Asset Management Limited) as Head of Information Technology, Mr. Khan has worked with Pak- Kuwait Investment Company, Pakistan, as Head of Information Technology, Akuratus Corporation, USA, as Technical Team Lead, Cambridge Technology Partners, USA, as Technical Team Lead. Mr. Khan was also a nominee director on the board of TMT Incubation Fund, and Plexus Private Limited.
Mr. Ozair has been associated with NAFA for 10 years.

Mr. Taha Khan Javed, CFA, Head of Equities


Prior to joining NAFA Funds as Head of Equities, Taha was the Director Research & Business Development at Alfalah Securities (Pvt) Limited with coverage of almost all the key sectors and relevant stocks (80% of benchmark KSE-100 index). Apart from supervising the research team, Taha was also responsible for Market Strategy, Politics and Economic analysis of Pakistan along with regular interaction with both foreign funds and local Institutions/HNWI.

Previously, Taha has headed research department at Elixir Securities and Taurus Securities. Taha was voted the Best Analyst in CFA Society Pakistan Annual Excellence Awards held in 2014 and 2015; he also came in 2nd runner up in 2013 and 2012.

Taha started his career at Foundation Securities (Pvt.) Limited (Affiliated with Macquarie Group) in 2007 where he covered Cement, Chemical, Power and the Fertilizer Sector. Taha has also actively taught finance related courses in SZABIST, IOBM and Bahria University. He completed his MBA from IBA Karachi in 2007, and his CFA in 2009, while subsequently receiving the CFA Charter in 2011.

Mr. Hassan Raza, CFA, Head of Research


Mr. Hassan Raza, CFA is the Head of Research at NAFA. His professional career spans around seven years and has worked in the leading brokerage houses with well-rounded sectoral exposure. He has actively covered Banking Sector, Oil and Gas Exploration and Production Sector, Oil Marketing Sector, Power Sector and Cement Sector (around 60% of KSE-100 Index).
He is a distinguished analyst who was voted the second best analyst in the 13th Annual Excellence Awards by CFA Society Pakistan held in 2016. Prior to joining NAFA, Mr. Hassan was associated with Alfalah Securities (Pvt.) Limited where he headed the Research Department. He is a CFA charter-holder and also holds BSc. (Hon’s) in Applied Accounting from Oxford Brookes University.

Mr. Muhammad Ali, CFA, FRM, Head of Fixed Income


Mr. Ali joined NAFA as a Head of Fixed Income and member of the Investment Committee. Prior to joining NAFA he was working at Al Meezan Investment Management as a Fund Manager. He has over 21 years of extensive experience in the financial sector with Leading Commercial Banks and Mutual Fund like MCB, Faysal Bank, Habib Metro and Al-Meezan Investment Management. His expertise is in the areas of Fund Management, Risk Management, Credit Analysis and Administration, Islamic Banking and Relationship Management. He holds an MBA (in Banking & Finance) and MS (in Computer Science) degree. He is also a Chartered Financial Analyst (CFA) charterholder and he also holds Financial Risk Manager (FRM) Certification. He is a director of CFA society of Pakistan since 2013.
Mr. Ali has been working with NAFA for the past 03 years.

Syed Ali Azhar Hasani, Head of Internal Audit


Mr. Azhar is an associate member of the Institute of Chartered Accountants of Pakistan and has recently joined NAFA as Head of Internal Audit. He holds 14 years of professional experience in the field of audit and assurance services with one of the best Auditing firms and leading commercial banks of Pakistan.
Mr. Azhar has handled audits of areas that include branches, head office functions and investigations. Prior to joining NAFA, he was working as Head of Financial & Management Audits at United Bank Limited. Mr. Azhar has also worked with Ernst & Young Pakistan and MCB Bank Limited.

Mr. Salman Ahmed - Head of Risk Management


Mr. Salman is MBA in Finance from Institute of Business Management (IOBM) and has passed Level III exam of CFA Program. He joined NAFA in April 2007. Before assuming the role of Head of Risk Management he was serving as Senior Fund Manager in Fixed Income Department. He has also worked in the area of Finance for Standard Chartered Bank Pakistan Limited.
Mr. Salman has been affiliated with NAFA for the last 9 years.

Mr. Raheel Rehman, ACA, APFA, CICA - Head of Compliance


Mr. Raheel is an Associate member of the Institute of Chartered Accountants of Pakistan (ICAP). He is holding the position of Head of Compliance at NBP Fullerton Asset Management Limited (NAFA). He is also the member of Pakistan Institute of Public Finance Accountants and Institute for Internal Controls USA. He holds diversified professional experience of over seven (7) years. Before joining NAFA, Mr. Raheel was associated with A. F. Fergusons & Co. Chartered Accountants, a member of PwC network. He has been associated with NAFA for the last three (3) years.

Mr. Muhammad Imran, CFA, ACCA, Head of Portfolio Management


Mr. Imran, he’s currently working in the capacity of Head of Portfolio Management in July 2013. He is primarily responsible for managing Separate Managed Accounts. He is also member of Investment Committees of NAFA’s Funds. Mr. Imran holds CFA charter, Associate Membership of the Chartered Certified Accountants (ACCA-UK) and a bachelor’s degree in commerce. He has been awarded "Best Trader of The Year 2011 - Runner up" by CFA Society Pakistan.
Prior to joining NAFA, he was Head of Equity Sales at Arif Habib Limited (AHL) where he developed and managed team of traders having direct involvement with institutional and individual clients including Foreign and HNW individuals. During his employment with AHL he also worked as a Head of Research where he covered various sectors including Banking, Oil & Gas, Cement and Fertilizer. Mr. Imran was also associated with Deloitte Touché Pakistan as a Consultant for a period of 1-year.
Mr. Imran has been working with NAFA for the last 02 years.

Mr. Shahbaz Umer, Head of Human Resource & Administration


Mr. Shahbaz joined NAFA as a Head of Human Resources in 2015. He has completed his MBA in Human Resource Management from Stratford College London and B.Sc Computing from Buckinghamshire University, England. He has over 15 years of well-rounded experience in leading banks. Prior to joining NAFA Funds, he was working as VP-HR at Standard Chartered Bank, Mr. Shahbaz has also worked at Askari Bank Limited, NIB Bank and Royal Bank of Scotland England.

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NAFA Pension Funds

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NAFA Islamic Savings Center Bahadurabad (Karachi) - Now Open at Mian Jamal Uddin Afghani Road, Bihar Muslim Cooperative Housing Society, Karachi

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NAFA ISLAMIC SAVINGS CENTER- Now Open at Paris Road, Sialkot And Liaqat Road, Faisalabad.

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NAFA New SMS Short Code - 9995

We would like to inform you that w.e.f August 01, 2017 all SMS communication of NAFA Funds will be delivered through our new short code 9995, kindly save the code for future communication. For details please call at 0800-20002.

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PM Disqualification: What is next for the Stock Market? - From CIO

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NAFA ISLAMIC SAVINGS CENTER- Now Open at Chirah Road, Sadiqabad, Muslim Town, Rawalpindi

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NAFA ISLAMIC SAVINGS CENTER- Now Open at Commercial Area Cavalry, Ground Lahore

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NAFA ISLAMIC SAVINGS CENTER- Now Open at Al Manzar building, Allama Iqbal road, Plot #2, Nangi Mirpur Azad Jamu & Kashmir.

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Launching NIAAP VIII

Now offering NAFA ISLAMIC ACTIVE ALLOCATION PLAN VIII. Subscription ends on November 03, 2017. Click below for Term Sheet.

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Reduction in Management fee of NAFA Income Opportunity Fund (NIOF)

This to inform you that with effect from May 02, 2017, the Management of NAFA has decided to reduce the management fee of NAFA Income Opportunity Fund from 1.30% p.a. to 1.00% p.a. of average annual net assets.

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Notice of change of Name & Category of Fund - NAFA Islamic Aggressive Income Fund

We would like to inform you that the Management of NBP Fullerton Asset Management Limited (NAFA), with the approval of Securities and Exchange Commission of Pakistan (SECP), has changed the category of NAFA Islamic Aggressive Income Fund from Shariah Compliant Aggressive Income Fund to Shariah Compliant Income Fund. Accordingly the name of NAFA Islamic Aggressive Income Fund will be NAFA Islamic Income Fund w.e.f. March 14, 2017. For further information, please call our toll free helpline # 0800-20002 Kindly also note that all cheques for investment in NAFA Islamic Aggressive Income Fund from March 14, 2017 onwards shall be made in the name of CDC Trustee NAFA Islamic Income Fund.

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