Aftab Ahmed

Mr. Aftab Ahmad

Aftab is a capital market practitioner focusing on enhancing market efficiencies, equity capital mobilization and investment promotion projects. His work involves developing solutions for easy, efficient and empowering financial inclusion and related policy/regulatory frameworks and innovative transaction arrangements. He is also involved in the areas of market activism and social entrepreneurship, such as; improvements in public sector governance, responsive community engagement, expanding financial literacy, investor relations and gender mainstreaming.

His professional identity is mainly centered on his roles at Islamabad and Lahore Stock Exchanges. Besides this, he has worked at varying roles for different corporate and market infrastructure institutions in the country. For his voluntary engagements, he is mainly known for his association with regional stock exchange industry association-South Asian Federation of Exchanges (SAFE) and Women on Board (WOB) initiative in Pakistan.

Out of some of his modest contributions, Aftab is mostly linked to his devoted work in the areas of development of infrastructure for the erstwhile stock exchanges and for conceiving of a unified market system in the country-a precursor to the idea of Pakistan Stock Exchange. He is also known for relentlessly pursuing the primary market development initiatives, such as IPO Summits, gender mainstreaming reforms for corporate boards, and regulatory development proposals for public offering framework, REIT and Commodity Collateral Management frameworks. Besides, he is also acknowledged for bringing SAFE to its heightened level of recognition by pursuing initiatives for the regulatory harmonization, free flow of cross border investments and broader economic integration in South Asia.

During his last full-time employment engagement with USAID’s Financial Market Development Project in Pakistan, he assisted in Government of Pakistan’s key regulatory and policy making agencies for introducing policy, legal, institutional and operational reforms in public debt, equity, commodity, SME and Private Equity markets of the country. He earlier headed an investment banking company besides heading Islamabad and Lahore stock exchanges, as well as being the CEO designate of an asset management company for a brief period. He has also served on some Board service positions at various other capital market entities in Pakistan such as; National Commodity Exchange, JCR-VIS & PACRA credit rating agencies, Institute of Capital Market, Pakistan Institute of Corporate Governance and National Clearing & Settlement Company. He has also been involved in providing capital market advisory/consulting services in Bangladesh, Maldives and Nepal, besides advising the Infrastructure Project Development Facility (IPDF)-the precursory agency of Public Private Regulatory Authority (PPRA) in Pakistan.

Aftab has over three decades of experience of working in various fields such as; logistics/supply chain, procurement, budget management and financial markets. During his initial career, Aftab has also worked as a commissioned military officer, besides serving in the United Nations humanitarian mission in Somalia, known as UNOSOM.

Presently, Aftab works for a market development entity-E-Finance Solutions Ltd, and renders board and committee level services to some corporates and not for profit initiatives.

Aftab hold an MBA degree from Nicholls State University, Thibodaux (LA), USA; and is also a graduate of the Executive Management Program from Stanford University, USA. He is also an alumnus of many US SEC’s International Programs, National Defense University’s National Security Program, and Lahore University of Management Sciences (LUMS)’s Director certification program.