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About Us

Senior Management

Mr. Ehsun Khan
Head of Corporate Finance & Advisory

Mr. Shehzad F. Anwar
Head of Equity Sales & Research

Mr. Amjad Nazir
Associate Director, BMA Trade

Mr. Sharfyab Khan
Head of Fixed Income Trading

Mr. Sikandar Iqbal
Head of Foreign Exchange Trading

Mr. Muhammad Amir Iqbal
Head of Finance & Operations

Mr. Shehryar Ahmad
Head of Marketing & Communications

Mr. Aadil Riaz
Head of Human Resources

Mr. Anwer Hussain
Head of Information Technology





Ehsun Khan - Head of Corporate Finance & Advisory

Ehsun Khan is the Head of Corporate Finance & Advisory at BMA Capital. Mr. Khan has extensive experience in financial advisory and his key transaction experience include buy side advisory on privatisation of:

  • Pakistan Telecommunication Company Limited.
  • National Refinery Limited.
  • Pakistan State Oil Company Limited.
  • Pakistan PTA Limited and
  • He is also part of the team working on a large real estate development project in Karachi.
Previously, he was Head of Investment Grade Sovereign Research at Morgan Stanley in London. In that capacity, Mr. Khan was responsible for providing primary and secondary market research on sovereign and sub-sovereign issuers in the US$, Euro and JPY markets.
After Morgan Stanley, he joined Brunswick Direct as a shareholding partner. Brunswick Direct was an online equity broker which made markets in local currency in more than 20 emerging markets all over the world. At Brunswick Direct Mr. Khan was responsible for European sales and Asian research.
He graduated with a BA in economics from Middlebury College in Vermont, USA and holds a series 7 financial markets qualification in the US.

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Mr. Shehzad F. Anwar - Head of Equity & Research

Mr. Shehzad Anwar has held positions in institutional equity sales and research over the past 12 years in 4 countries.  Prior to joining BMA Capital, Shehzad was employed by ABN AMRO Asia Securities in Singapore as sales director for regional equity sales. Previously he was head of Indonesian equity sales for ABN AMRO in Jakarta. Mr. Anwar has worked on some of the largest telecom and financial sector ECM transactions in Asia, leading the global distribution efforts for issuers such as Maxis Telecommunications Bhd., PT Bank Mandiri Tbk, and M1 Communications Singapore Ltd. Prior to joining ABN AMRO in 1998, Shehzad worked for Peregrine Securities (UK) Ltd. in their London office as South-East Asian specialist covering UK and European institutional clients and was instrumental in growing Peregrine's South-East Asian business in Europe. Shehzad joined Peregrine from Bear Stearns International Ltd in London on their emerging markets desk where he covered Turkey, India, Pakistan, China and Hong Kong and was involved in transactions such as Efes Biracilik, Guangshen Railway, China Ek Chor Motorcycle, and Huaneng Power. Prior to joining BSIL, Shehzad was employed by Bear Stearns Jahangir Siddiqui Ltd. in Karachi, in their equity sales group where he helped develop several important foreign and local client relationships and also an important margin finance product in conjunction with Citibank NA.

Shehzad holds a bachelors degree in Economics and Political Science from Occidental College in the United States.

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Amjad Nazir - Associate Director, BMA Trade

Mr. Nazir is in charge of launching BMA’s Retail Brokerage business. Prior to joining BMA Capital, Mr. Nazir was Chief Executive Officer of ECLTRADE.COM, an internet based trading portal. Previously, Mr. Nazir was Project Leader of a research and training program to develop research methodology to calculate effective and nominal taxes, the incidence of direct and indirect taxes, & effective subsidies and revenue projection. He has been a faculty member of the pre-budget seminars committee for Pakistan’s Central Board of Revenue. Mr. Nazir was also Sub-Project Leader in the rationalization of Pakistan’s federal tax structure. He was a member of the Tariff Reforms Committee in negotiations with the IMF and World Bank, bringing down Pakistan’s maximum tariff from 450 % to 35%. Mr. Nazir has published significant research papers including “Prevalence of Excise duty on different income groups of Pakistan"," Elasticity of Indirect taxes of Pakistan”, among others.

Education:

M. Phil., Applied Economics Research, University of Karachi. Specialization: “Incidence of indirect taxes by income class of Pakistan”, M.A.S., Applied Economics Research, University of Karachi. Specialization: “Debt servicing in Pakistan”.

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Sharfyab Khan - Head of Fixed Income Trading

Mr. Sharfyab Khan runs BMA’s Fixed Income desk. Previously he was with Confidence Associated as Treasury Consultant dealing in Foreign Exchange and Money Markets. Prior to this Mr. Khan was at First Capital  ABN AMRO Karachi office in Money Markets & Foreign Exchange Brokerage.

Education

Mr. Khan has been Associate Cost & Management Accountant (ACMA) from the Institute of Cost & Management Accountants of Pakistan (ICMAP), Karachi. Courses included Financial Management Auditing, Management Accounting Advance Cost Accounting, Corporate Law Taxation, Commercial Laws Economic Analysis of Pakistan, Portfolio Management Quantitative Techniques Bachelor of Commerce Degree, Government Premier College, University of Karachi.

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Sikandar Iqbal - Head of Foreign Exchange Trading

Mr. Iqbal runs BMA’s Foreign Exchange operations.
 

Education
Mr. Iqbal has an MBA in Finance from HIMS. His courses Included: Treasury & Fund Management,  Analysis of Financial Statements, Corporate Finance, Security Analysis, Trade Finance, and International Banking. He has a Bachelors of Commerce and intermediate degree from St. Patrick's College. Mr. Iqbal matriculated at the St. Lawrence School. Mr. Iqbal has studied derivatives the Institute of Chartered Accountants pf Pakistan (ICAP).

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Muhammad Amir Iqbal - Head of Finance & Operations

Mr. Iqbal has over 13 years of intensive experience in the areas of Finance, Accounting, Operations, and Audit. Currently he is the Head of Finance & Operations at BMA Asset Management Company Limited. Prior to joining BMA, Mr. Iqbal established and managed the Treasury of Gulistan Group of Companies, and supervised the development of accounting software. He remained with the group as Financial Controller till 2002, and was responsible for implementing International Accounting Standards (IAS) and compliance with corporate governance requirements group-wide. Previously Mr. Iqbal was associated with Muhammad Yousuf Adil Saleem & Co., (MYASCO) Chartered Accountants (Member Deloitte, Touche, Tohmatsu) and completed 4 years of article-ship.

Education
Amir Iqbal is a qualified Chartered Accountants from Institute of Chartered Accountants of Pakistan.

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Shehryar Ahmad - Head of Marketing & Corporate Communication

Mr. Ahmad has 12 years experience in marketing, consulting, and finance. Having trained in investment banking with JP Morgan on Wall Street, he has had rich and diverse experience.

Prior to joining BMA Capital, Mr. Ahmad managed Junoon, South Asia's most famous rock group, taking the band from a cult following to worldwide brand recognition as musical icons. During Mr. Ahmad's tenure, Junoon signed an international recording contract with EMI, as well as the largest ever endorsement contract with Coca Cola. Junoon had several #1 MTV hit singles, their triple-platinum albums have sold millions of copies in the subcontinent and worldwide, and have been featured in the world's most reputable media, including Newsweek, Time, The New York Times, BBC, etc. Junoon has performed at prestigious venues including the Presidency in Islamabad, Central Park in New York, the Royal Albert Hall and Wembley Arena in London, and the UN General Assembly. The band has been appointed Global Goodwill Ambassadors by the United Nations.

Mr. Ahmad was earlier involved with the launch of the KFC franchise in Pakistan, and worked as a consultant with ex-Mckinsey principals in Karachi. He set up the customer service function at Reckitt &Colman (now Reckitt Benchizer).

Mr. Ahmad did his bachelor's degree in Economics from the University of California, Los Angeles, and graduated from the Karachi American School.

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Aadil Riaz - Head of Human Resources

Mr. Aadil Riaz is currently working with BMA Capital Management Limited, as Head of Human Resources Group. He has an MBA in Banking & Finance and Human Resources and has more than eight years of experience which includes Human Resource and Consulting. Mr. Riaz, has hands on experience in developing HR Policies & Procedures, Competency Based Training Need Analysis, Recruitment & Selection, Performance Management, delivering trainings on soft and behavioral skills and implementation of Human Resource Management Information Systems.

After graduating from University of the Punjab - Lahore, Mr. Riaz, started his career in 1997 at KPMG - Taseer Hadi Khalid & Co., a member firm of Klynveld Peat Marwick Goerdeler, where he worked in Financial Advisory Services & Human Resource Consulting Departments in different capacities.

Prior to Joining BMA, Mr. Riaz, has also worked with Habib Bank Limited, as an Assistant Vice President in Policy, Planning & Implementation area of Human Resources Group and PricewaterhouseCoopers Consulting (PwC Consulting), as a Senior Consultant in Human Capital Solutions (HCS) Practice Area.

Mr. Aadil Riaz, is a member of different professional bodies such as Management Association of Pakistan (MAP), Marketing Association of Pakistan (MAP), International Personnel Management Association (IPMA), Trainers Resources Group (TRG), and a former member of Executive Search Consultants Forum.

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Anwer Hussain - Head of Information Technology

Mr. Hussain is the Head of Information Technology at BMA Capital. He has a Bachelor’s degree in commerce and completed several IT professional courses.

Mr. Hussain has more than eight years of IT experience includes system analysis, designing, database administration, QC and support. He has been involved with the installation and management of many local and international software application projects. He has over 6 years of experience in software applications designed for financial markets.

Prior to Joining BMA, Mr. Hussain has worked with Computer Research in Karachi as Project Manager and has managed different software projects for the companies like Citibank, Instaphone, Faysal Bank etc.

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