Zar Wardak is a proven and respected leader in global finance. With over 10 years experience in executive financial management, she is currently the Regional Director of FINCA International (Middle East & South Asia), one of the leading microfinance organizations in the world. She is also the Chairperson for the Afghanistan Microfinance Association and Chairperson of Board for the MESA subsidiaries.
She is the former CEO of FINCA Afghanistan, where she transformed the subsidiary to sustainability within three years. Prior to joining FINCA, Zar was a financial services industry consultant in Afghanistan, and before that, Vice President with Citibank North America.
Ms Wardak completed a Bachelor of Arts in International Business at Southwestern College in Kansas, and a Master of Science in Peace Operations at George Mason University in Fairfax, Virginia.
Being fluent in English, Dari, Pashtu and Urdu, and having a unique cultural understanding and perspective, allows Afghan-American Zar to achieve exceptional outcomes for the organizations she works for. She is a sought-after speaker, and has shared the stage with Nobel Peace Prize winner Dr. Muhammad Yunus on the topic of Microfinance as it relates to peace and prosperity.
Despite working in extremely complex and challenging environments, Zar Wardak has an impressive track record of transforming financial organisations into well-governed, high-performing and sustainable entities.
VICE PRESIDENT, GLOBAL CHIEF AUDITOR & CHIEF RISK & COMPLIANCE OFFICER, FINCA Impact Finance
Jeffrey Smith has nearly 40 years of experience in auditing, finance, accounting, risk management, internal control and regulatory compliance. He has led many restructuring efforts of global audit, risk management and compliance departments, as well as, many global efforts implementing effective risk controls and compliance monitoring systems.
Mr. Smith is a Certified Risk Professional and earned a Master of Business Administration from Wayne State University (Detroit, Michigan, USA). He also holds a Bachelor of Business Administration from Eastern Michigan University (Ypsilanti, Michigan, USA).
Volker Renner has over 15 years of senior management experience in the microfinance industry. Prior to his current position, he served as Chief Operating Officer for FINCA’s global operations, and Regional Director for FINCA’s Eurasia Region. Before joining FINCA in 2004, Mr. Renner held positions as CEO of ProCredit Bank (Ukraine), Team Leader of EBRD/KfW’s joint Ukraine Microlending Program, and Bank Advisor to banks in Russia’s Siberia region. Throughout his career, Mr. Renner has served as board chairman, board member and audit committee member for numerous microfinance institutions and banks. He holds an M.B.A. with a focus on banking from the Mannheim Professional Academy.
FOUNDER & MANAGING DIRECTOR, Kashf Foundation
Ms. Roshaneh Zafar is the Founder and Managing Director of Kashf Foundation – the first specialized microfinance organization in Pakistan established in 1996. Kashf Foundation was awarded the Microfinance Excellence Award by the Grameen Foundation-USA for its groundbreaking innovations in the field of microfinance in Pakistan, while in 2005 it won the AGFUND International Prize for Microcredit 2005 out of 98 countries
Prior to establishing Kashf Foundation, Ms. Zafar worked with the World Bank in Islamabad in the Water and Sanitation department for several years. Ms. Zafar was one of the first Ashoka Fellows in Pakistan and has been a Schwab Foundation Social Entrepreneur since 2004. Ms Zafar has also been awarded the Tamgha-e-Imtiaz, one of Pakistan’s highest civilian awards, by the President of Pakistan for her work in the field of development and women’s empowerment and was also awarded the Skoll Award for Social Entrepreneurship in 2007. Ms Zafar is a graduate of the Wharton Business School, University of Pennsylvania, USA and also holds a Master’s degree in Development Economics from Yale University, USA.
Safiye is a seasoned senior banker with vast experience across many banking functions, geographies and client segments. Over the last 20 years at Citi she worked as a Senior Banker both in Turkey and London covering several FTSE 100 clients overseeing complex financing transactions. Subsequently, as a Regional Head for Europe Middle East and Africa Citi’s Internal Audit and Risk Management Group she has led transformational global projects in risk and control functions. She is also a Senior Credit Officer.
She has recently been awarded ‘Champion for Women Award’ in 2014 by Women in Banking and Finance UK Network (WIBF) in recognition for her efforts supporting women in the workplace.
In order to pursue her life-long ambition and commitment for women’s economic empowerment, Safiye joined Citi Microfinance in 2009 as a Business Director.
She has since worked to address issues of access to finance for women entrepreneurs focusing on building scalable solutions. Safiye was part of a team in Citi Microfinance that has developed a Citi-Overseas Private Investment Corporation (OPIC) microfinance partnership providing funding to 40 microfinance institutions with outreach to almost 1 million micro-entrepreneurs in 22 countries, approximately 91% of whom are women. Safiye has expended considerable effort in creating and expanding women’s networks and platforms for women to gather and flourish. Safiye served as the co-chair of the Citi Women UK Network for two years and now sits on the steering committee.
She was recipient of the Citi Diversity Employee Network Star Award in 2009 and 2010.
In addition, in 2011, Safiye co-founded ‘Women Advancing Microfinance’ (WAM) to connect women interested in financial inclusion and social businesses in the UK and internationally. WAM is the only UK network for the advancement of women in the microfinance industry.
Makhmud joined FINCA in December 2006 as COO for FINCA Kyrgyzstan. After successful implementation of all strategic goals assigned to this role, in 2009 he has been appointed as CEO of FINCA Azerbaijan, and later in 2010 as the CEO of FINCA Kyrgyzstan. He held the position of CEO of FINCA Kyrgyzstan till February of 2015, and later he was assigned as an advisor to the management team of FINCA Bank Kyrgyzstan.
Prior to FINCA, Makhmud worked for over 4 years for “LFS Financial systems GmbH”, a German consulting and management company specialized in banking and SME finance projects in developing and transition countries. As a banking advisor, he managed projects in Uzbekistan and Tajikistan focused on establishment of micro and SME lending operations at various commercial banks. In 2003, Makhmud was working in Azerbaijan to develop micro and SME lending practices at Access Bank Azerbaijan. Makhmud commenced his professional banking career in 1998, at the National Bank of Uzbekistan, where he worked for three years as a Senior Investment Officer.
Makhmud holds a diploma in economics from the National University of Uzbekistan and Master’s degree in Economic and Social Studies from the University of Manchester, UK. He also holds a professional certification of Stonier Graduate School of Banking administered by the American Bankers Association at the University of Pennsylvania, Philadelphia, USA.
Mr. Haider has over 15+ years of senior management experience in Information Technology. He has a successful business track record in starting, acquiring and growing multiple companies with combined equity value over $2B. Most recently he was the CEO and Co-Founder of Doctella.com a company acquired by Masimo(NASDAQ: MASI) in 2018 His areas of expertise span across healthcare, cloud, mobility, networking, and semiconductors. He has been awarded 11 patents in digital security, mobility, networking, and processors. Mr. Haider completed his Masters in Engineering and MBA from University of Illinois at Urbana-Champaignand Bachelors in Engineering from NED University in Karachi, Pakistan.
FINCA Microfinance Bank’s Management Team
Our management team brings vast experience, professional skills and expertise from various industry backgrounds.
Farid Ahmed Khan has been involved with financial sector for over 25 years and has a broad experience in Microfinance, Fund Management, Investment Banking, Investment Research and Business Development. Prior to joining FINCA Pakistan, he spent 10 years in investment management side as CEO of HBL Asset Management and ABL Asset Management. He has also worked for MCB Bank, initially as Head of Investment Banking Group and later as the CEO of MCB Asset Management. Farid has extensive experience outside Pakistan, having worked at bulge bracket firms like Morgan Stanley, ING Barings Securities and CLSA Emerging Markets in Kuala Lumpur, Singapore, London and Istanbul in a variety of senior positions. Farid has previously served on the boards of NADRA Authority, FINCA Microfinance Bank and was also a member of Corporate Leaders Advisory Board of IBA, Karachi. He holds an MBA in Finance from Institute of Business Administration, Karachi and got his CFA qualification in 1998.
Shahid Hosain Kazi is a banking industry veteran. He has 22 years of banking experience in different institutions, departments, territories & jurisdictions and in various capacities, including in Leadership roles. Shahid’s experience covers key banking functions such as Corporate & Retail Banking, Strategic Planning, Risk Management & International Business.
Shahid started his banking career with Emirates Bank in 1994. Over the years, he held senior positions at Bank Alfalah and Habib Metropolitan Bank (subsidiary of Habib AG Zurich). Most recently, he served for 4 years as “Group Head – Corporate & Transaction Banking” at Habib Metropolitan Bank.
Mr. Qadir brings 28 years of work experience to the table including 19 years of banking experience of working in Pakistan and Canada. He has served with Tangerine Bank in Canada which is a pioneer in Branchless Banking in North America. He has served at Bank Alfalah Limited Pakistan in various capacities for over 11 years and has also worked with Deloitte Pakistan. His last assignment was as Chief Financial Officer of U Microfinance Bank Limited.
Mr. Qadir is a fellow member of Institute of Chartered Accountants of Pakistan and Institute of Cost and Management Accountants of Pakistan. He is also a member of Chartered Professional Accountants of Ontario, Canada and holds bachelor degree from University of Karachi.
Mr. Janjua has more than 18 years of diversified experience as legal and corporate professional; managing corporate commercial, conventional/arbitration & banking, regulatory & compliance, civil and criminal litigation at law firms, as well as serving as Chief Legal & Corporate Officer and Company Secretary handling civil and criminal litigation, mediation & microfinance banking, corporate, real estate, investments, regulatory and compliance affairs including Board Committee, Board and Shareholders meetings and related issues of the Bank. He Joined the Bank in 2009 and presently serving as Chief Legal & Corporate Officer and Company Secretary.
He is Law Graduate and Masters in Political Science from University of the Punjab. He is also a certified director from the Institute of Charted Accountants of Pakistan. His tenure at the Bank witnessed a successful completion of major equity injection of US based Microfinance organization, FINCA Impact Finance.
Muhammad Shahzad Sadiq has joined us as Group Head Risk Management of the bank. He is a banking sector veteran with over 25+ years of progressive experience in different institutions, departments and in various Leadership roles
His experience covers the following key segments/functions:
Credit and Marketing
Legal and Corporate Affairs
Finance and Budgeting
Project and Corporate Finance Management
Planning and Audits
Muhammad Shahzad is a diverse and experienced professional and prior to joining the FINCA Family, he has held a number of positions including Chief Financial Officer, Chief Compliance Officer and Chief Internal Auditor to mention a few. He has worked with some of the leading commercial banks in the country and his last assignment was with Allied Bank.
Nuvin Jatala is the Head of IT. She joined in November 2007 and led the setup and implementation of the bank’s information and communication infrastructure as well as the core banking system. She was also responsible for assembling the IT team and developing the requisite policy/procedures. In addition to managing the IT operations, she is also overseeing the implementation of technology-based channels for the bank, which involve deployment and maintenance of ATM’s at all branches, and other such initiatives.
Prior to joining FINCA, she was working with City Schools Private Limited from 2004-2007. Her initial work experience comprises of software project management and re-engineering at two software service providers. Her total career span is now more than 13 years. She holds a Bachelor of Engineering in Computer Systems from N.E.D University of Engineering & Technology, Karachi and Masters in Computer Science from SZABIST, Karachi.
Mr. Qaisar brings over a decade of experience working in the microfinance industry. He started his career at the grass root level, successfully performed different roles like credit officer, branch manager, area manager, regional manager and finally attained the position of head of Business Development at FINCA.
Mr. Qaisar possesses multi-disciplinary, multi-cultural and multi-institutional knowledge of working closely with rural/urban segment of the society; grip on individual and group based lending model, knowledge of social sector, implementing efficiency measures, in-depth understanding of effective communication and ability to travel extensively in operational areas.
Mr. Qaisar has a degree in Master of Arts in Sociology and also has a Post Graduate Diploma in Development Support Communication from University of the Punjab Lahore.
Syeda Noshina Bukhari is an experienced banker. She has over 10 years of commercial banking experience before joining the Microfinance sector in 2008. She has worked at Union Bank Limited, Askari Commercial Bank and Prime Commercial Bank before joining FINCA. She has experience in branch banking operations, trade finance and SME financing. She has also worked as a main trainer and director management trainee program at Prime Commercial Bank Limited. She has developed and implemented the Banking Operational Policies and Procedure, Internal Control Processes and played a vital role in implementation of the Banking software.
Mrs. Bukhari’s has done her Masters in Public Administration from Quaid-e-Azam University, Islamabad.
A. Jamal Khan is Executive Vice President (Senior Functional Head) for Administration & Procurement. His professional career span is over 45 years in the field of Banking and has served in different financial institutions in Pakistan and abroad in various roles.
His experience encompasses the following key business segments:
Budgeting and Resource Allocation
Compliance and Internal Controls
He started his career in 1970 as a Management Trainee Officer at Habib Bank Training Centre, Karachi and subsequently moved to Sarhad Bank Limited (now Allied Bank) and then United Bank Limited, where he worked as a Branch Manager and in the controlling office. Later he worked in several administrative and governance based positions with Bank of Credit and Commerce International in their overseas operations, Prime Bank (now Faysal Bank) and Bank Alfalah. His last position was as Officiating Group Head of Administration, Technology, and Operations Group at Bank Alfalah Limited. He has a Master’s Degree in Economics from the University of Peshawar.
Mr. Bakar Ahmed is the EVP/Head HR, Training & OD at FINCA Microfinance Bank Limited. He has been associated with the Banking Industry for over 24 years, serving in leading banks at key positions. He was an advisor under World Bank MDTF project TFAO4946 on Capacity Strengthening Human Resource Management of Federal Board of Revenue (FBR) and has worked as Chief Human Resource Officer at Ubank and Country Head HR at Askari Bank Limited thus he brings with him a rich banking experience, presenting an impeccable portfolio of HRM, earned during the course of over 24 years of progressive responsibility and achievement in the field.
He started his professional career in 1995 with HBL by qualifying through Pakistan Banking Services Commission competitive exam and served in the field of Operations, Credit and Human Resource. In January 2005, he moved to Askari Bank where he rose to Country Head HR. He has transformed HR into a strategic business partner by creating an enabling platform through process automation. He is a Senior Certified Professional of HR accredited by the Society of Human Resource Management (SHRM-SCP), USA. He is also a Silver Medalist in MBA (Ex) program from LUMS, MBA-IT (Ex) from CIIT, Islamabad, and has a Bachelor Degree in Civil Engineering from UET Lahore (Taxila Campus).
Mr. Asif Javed is a veteran banker with a cumulative banking experience of 20 years in leading commercial banks of Pakistan. He started his banking career in 1999 from MCB Bank and later on worked with HBL for 8 years in different capacities. Before joining FINCA, he had been at Barclays Bank, Pakistan for a period of 8 years, working as the Head of Trade Finance (central region).
His expertise includes foreign trade finance, core banking & branch operations, internal audit, customer service, compliance & internal controls. Mr. Asif obtained his MBA from Al-Khair University. In his position as the head of compliance, he looks after compliance related matters of the bank.
Asghar is a Product Management and Consumer Insights professional with more than 16 years of experience. He has worked in a wide variety of roles within the financial sector. He is skilled in the areas of business strategy, P&L management, research, product & project management. Asghar started his career in 2000 and has since worked with companies like Outreach Digital, Gallup Pakistan, BearingPoint, Oasis Insights, Standard Chartered Bank & Tameer Microfinance Bank. His last assignment was with The Pragma Corporation, an agency working with the USAID, where he served for 1 year as SME Banking Advisor. He holds a Masters in International Marketing from University of East London, London & an MBA from IBA, Karachi.
Omer Farooq is a Chartered Accountant with 10 years of experience working within and outside Pakistan. He has extensive experience of designing systems of internal control, business process re-engineering and process automation. Omer’s career highlights include heading the largest financial systems transformation project in telecom sector in the region. His experience includes Project Management, compliance with IFRS’s, corporate laws and process streamlining using technology based solutions.
Omer started his career with A.F.Ferguson & Co (member firm of PWC) where he worked for various sectors including banking, textile, cement and FMCG. In his current role as Head of Audit, he looks after management and branch audits, IT audits and Anti-Fraud Management Unit.
What activities enrich your life?
One of the best ways to enrich one’s life is to take up a hobby. Whether you’re good at it or not, just find something you enjoy and stick to it. For me, it is photography. Photography helps me challenge myself to become better at it, increases my sense of commitment and enriches my life.
If you could spend the day with one person from history, who would it be and why?
If I had that choice, I would spend the day with the founder of modern Turkey, Mustafa Kamal. From a military strategist to a political and social reformist, Ataturk had done it all. His program of political, economic and cultural reforms lead to what ultimately became a modern, progressive and secular Turkey.
What do you like to do for fun?
Depends on my mood. My formula for stress relief is a daily dose of gym, however weekends would involve hanging out with friends, dining out or simply laying back watching a good movie with family.
“Give a man a fish, he’ll eat for a day. Give a woman micro-credit, she, her husband, her children and her extended family will eat for a lifetime.”