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Board of Directors

Dr. Shamshad Akhtar
Dr. Shamshad Akhtar has had a broad-based development career in leading national and multilateral organizations spanning over 37 years. She served as the Governor of the State Bank of Pakistan from 2006 to 2009, Under Secretary General of the Economic and Social Commission of the Asia and Pacific (UNESCAP), Senior Special Advisor on Economics and Finance and Assistant Secretary General UN, the UN Secretary General’s G20 Sherpa and Vice President, Middle East and North Africa (MENA) at The World Bank. She was also Senior Special Advisor to the President of Asian Development Bank (ADB). In 2018, Dr. Shamshad Akhtar served as Federal Minister of Finance, revenue, economic affairs, statistics division, planning and development as well as industry and commerce areas in Pakistan’s caretaker government.Dr. Shamshad has advised various governments and the private sector in specific areas of development, governance, poverty, privatization, and public-private partnerships in numerous sectors. As Governor of the State Bank of Pakistan, she was nominated Asia’s Best Central Bank Governor by the Emerging Markets Group in 2006 and Bankers Trust in 2007. She was also amongst Asian Wall Street Journal’s top ten Women Business Leaders in 2008. Dr. Shamshad is a Chairperson of Karaadanz, a not-for-profit Company that focuses on fostering economic growth and creating jobs through financial inclusion of unbanked individuals and unserved enterprises, with a special focus on women and youth. She was a Post–Doctoral Fellow and U.S Full-bright Scholar at Department of Economics, Harvard University. The learned doctor is also a PhD Economics from University of Paisley, UK, Masters of Arts with Degree in Development Economics from the University of Sussex, UK and MSc (Economics) from the University of Islamabad and Bachelor of Arts (Economics) from the University of Punjab.
Mr. Muhammad Raziuddin Monem
M. R. Monem is a seasoned, goal-oriented professional with over 40 years of experience in Oilfield Systematic Performance Management including emphasis on QHSE and Team Building. He started his career in 1974 with M-I Drilling Fluids / M-I Overseas Ltd. (later a division of SCHLUMBERGER) and worked there until 2014, where he retired as the Country Manager and CEO for Pakistan and Area Operations Manager Middle East.

During his tenure, he managed the Planning and Execution of Annual & Strategic Business Plans, Execution of New Technology systems. He has worked on many technical projects with industry giants, including Exxon, Shell, Conoco, Union Texas, Petro Canada, British Petroleum, OMV and Eni/Lasmo and many more.

His forte is Management Efficiencies, Product & Service Delivery Optimization and New Oilfield Technologies and has proven himself as a valuable asset for the company – through his consistent display of sound business acumen, good people skills resulting in Internationally Leading EBITDA and ROI & QHSE Ranking.

He underwent a number of Advanced Management and Drilling Engineering courses incl. negotiating skills, motivation, mentoring, QHSE leadership and management besides various courses on Drilling Engineering, Integrated fluids engineering, and Drilling Fluid Economics. He has authored several papers at international petroleum seminars, co-chaired SPE and other industry panel sessions. He is a member of, and Certified Board Director from PICG which is in collaboration with IFC. Additionally his rich corporate background includes serving on Board of Directors of listed companies including Pak Suzuki Motor Company, Ghandara Nissan. He is a prolific social service volunteer and served as Chairman of Patients Behbud Society of AKUH for 13 years. Since 2006 he has been the Co-Chairman of Community Advisory Board of AKUH.

Mr. Monem holds a BS degree in Chemical Engineering from the University of Engineering and Technology, Lahore. He is a life member of American Institute of Chemical Engineers, Society of Petroleum Engineers and is a member of Petroleum Institute of Pakistan and was member of OICCI Energy Sub-committee.

Ms. Nida Rizwan Farid
Nida Rizwan Farid is an aerospace engineer and energy efficiency consultant. She has led multi-million dollar projects for the Airbus A320, A330, A350XWB, A380 and Bombardier’s CRJ aircraft. She has also worked extensively with wind farm development and management, energy policy and gas turbine combustion in North America and Europe. Ms. Nida is passionate about spreading energy efficiency awareness in Pakistan and elsewhere, and co-authored the Integrated Energy Plan for Pakistan. Her projects include Pakistan’s first comprehensive Energy Flow Diagram, savejoules.com, a comparison website of appliances based on electricity consumption, energy efficiency awareness campaigns, as well as energy audits for commercial and industrial customers. She has an SB in Aerospace Engineering from the Massachusetts Institute of Technology (MIT) and an MS in Mechanical Engineering from ETH Zurich, specializing in aircraft engines and gas turbines.
Qazi Azmat Isa
Qazi Azmat Isa has 30 years of experience in the development sector. He is CEO of Pakistan Poverty Alleviation Fund, the lead apex institution for community-driven development in Pakistan. Qazi Azmat Isa has a passionate commitment to improve the lives of poor and marginalized people across Pakistan. This commitment is tempered by a healthy pragmatism which emanates from a diverse and cross-sectoral work experience and close contacts with government (federal and provincial) NGOs, Donors (Multilateral and Bilateral) and communities. This background has provided Mr. Qazi Azmat Isa with a deep insight of the issues in development and has enabled him wherever he has worked, to forge genuine partnerships between all key players in the development process and delivering results for the deprived and underprivileged. Previously, Mr. Isa was associated with the World Bank working in the rural and social sectors. Posted in Afghanistan, he managed the largest community driven development programme in the country and initiated a nationwide rural enterprise programme. Before that he headed a large NGO in Balochistan. Mr. Isa currently serves on several boards including Pakistan Microfinance Investment Company Ltd. and Benazir Income Support Programme.
Mr. Faisal Bengali
A professional fund manager with over 20 years’ experience, Mr. Faisal Bengali has proven skills in people management, regulatory dealings, risk management and optimizing fund performance. He is also adept in many other aspects of financial management, including budgeting, investment, financial analysis and asset management. Since June 2008, he has been Director Investments at PNO Capital. From 2004 to 2008, he was CEO AKD Investments Ltd., where he executed the management takeover of Golden Arrow Stock Fund, Pakistan’s oldest private sector closed-ended mutual fund. Previously from 1994 to 2004, he was Director Sales, AKD Securities Ltd. Early on in his career, he was Vice President, Bengal Fibre Industries Ltd. Mr. Bengali is an MBA Finance from Rice University, Houston Texas and BSc in Electrical Engineering from Northwestern University, Illinois. He is a Qualified Director from the Institute of Chartered Accountants of Pakistan. Mr. Bengali has also participated in Canadian Securities Course offered by Canadian Securities Institute.
Mirza Mahmood Ahmad
Mirza Mahmood Ahmad is an established advocate of the Supreme Court and a partner at the prestigious law firm Minto & Mirza, Advocates & Solicitors. His professional career as a lawyer spans over 26 years in which he has provided invaluable services to the fields of corporate, constitutional, regulatory and banking laws. He has been involved with some of the most challenging litigations in these areas, having represented several companies and firms before different regulatory authorities including Securities & Exchange Commission of Pakistan, the Oil & Gas Regulatory Authority and the Karachi Stock Exchange. Mr. Ahmad has several publications/consultancies and research papers to his name including “Harmonizing the Code of Corporate Governance with other Laws/Regulations in Pakistan”, a UNDP-funded research study of SECP. Mr. Ahmad also serves on the board of SNGPL as the Chairman of the Finance Committee. He is also the Chairman of the Audit Committee of Pakistan Engineering Company. Mr. Ahmad also serves on the Board of Directors of MCB-Arif Habib Investments Ltd. He is also a member of the Supreme Court Bar Association as well as the Punjab Bar Council. Mr. Ahmad has an LLM from the University of Cambridge. He has been a lecturer at Quaid-e-Azam Law College since 1996 and regularly conducts lectures at the Executive Development Centre at LUMS as well as serves as the Director of Training Sessions conducted by the Institute of Chartered Accountants Pakistan.
Dr. Ahmed Mujtaba Memon
Dr. Ahmed Mujtaba Memon has been appointed as Director in SSGC Board by the Government of Pakistan with effect from April 5, 2018. Before his posting in Finance Division, Dr. Memon was serving as Director General Input Output Co-efficient Organization, Federal Bureau of Revenue, in Karachi. He joined Pakistan Customs and Excise Group (currently Pakistan Customs Service) in November 1987 and has worked in various capacities in Central Excise, Sales Tax, Valuation, Adjudication and Customs functional areas. He has also worked on Asian Development Bank’s Trade, Export Promotion and Industrialization (TEPI) loan project as Secretary TEPI in FBR. He brings with him a rich professional and academic background. His educational qualifications are MBBS, MA (Economics) and MBA Finance. Presently, he is working as Additional Finance Secretary (CF/HR) in Finance Division since, March 2018. He is also a member on the board of NESPAK & K-Electric.
Mr. Sher Afgan Khan
Mr. Sher Afgan Khan got his preliminary education, culminating in Senior Cambridge, from Aitchison College, Lahore. After completing his High School Diploma from Lahore American School, he graduated from University of Santa Clara, California, USA with a BSc degree. He joined Civil Services of Pakistan in PAS/DMG Group in 1989. After completion of training, he worked in various districts as Assistant Commissioner, Executive District Officer and District Coordination Officer and in the Secretariat as Deputy Secretary and Additional Secretary in the Departments of Housing, Irrigation and Environment. He also served as faculty/Instructor in Civil Services Academy (DMG Campus) and National School of Public Policy.Prior to joining Petroleum Division in April 2018, he worked as Additional Secretary, Ministry of Interior.Currently he is serving as Additional Secretary Ministry of Energy Petroleum Division and director on the board of Pakistan LNG Terminal Limited (PLTL) and Pak Arab Refinery Limited (PARCO). Mr. Khan is also Director of Sui Northern Gas Pipeline Limited (SNGPL).
Mr. Manzoor Ali Shaikh
Mr. Manzoor Ali Shaikh, an officer of Pakistan Administrative Service Federal Government in 8520 is presently posted as Executive Director, State Life Insurance Corporation of Pakistan. Prior to his posting in SLIC he has served the Federal and Provincial Government of Sindh in various positions. His last assignment was as Secretary to the Government of Sindh for Labor and Human Resources Department. He has also served as Secretary Forests and Wildlife Department. He has also worked as Director General Trade Development Authority of Pakistan and Executive Director Trading Corporation of Pakistan, and Divisional Commissioner Sukkur Division. Mr. Manzoor Ali Shaikh joined the Civil Services in 1994 and has vast professional experience in Senior Management positions in diversified fields such as Public Sector Management, Administration, Trade and Commerce, Planning and Development, Poverty Alleviation and Crisis Management. He has attended professional training courses and workshops including conducted by Pakistan Institute of Corporate Governance (PICG) on Governance of Risk and Human Resource and Remuneration Committeé. Mr. Manzoor Ali Shaikh has Professional Degree in Civil Engineering, and has attained a Bachelor’s Degree in Economics.
Mr. Syed Akhtar Ali
Syed Akhtar Ali is an eminent energy expert and consultant, advising public and private sector clients on energy policy, investments and tariff issues and has authored a number of books on the subject. He has recently been Member Energy, Planning Commission dealing with Energy Policy and investment issues. He was a visiting Professor of Energy at IoBM and has taught energy management to MBA students. He has held top management appointments in Pakistan’s public and private sector. He was Research Fellow Energy at Harvard University. He is an author of eight books on various subjects such as energy, governance, political economy and resources. In addition to in-country assignments, he has supervised and done consulting assignments in Energy Sector in Europe, the Middle East, Africa and South Asia. In the area of energy policy, tariff, sustainability, environment, conservation, energy efficiency and renewable energy. He has spent considerable time and energy for the development of local equipment manufacturing particularly in Energy sector. He has been member of Expert Working groups and various committees of federal and provincial governments including chambers of commerce.
Updated: September 13, 2019