Syed Mukhtar Hussain Jaffery

Mr. Mukhtar Hussain Jaffery is an elected non-Executive Director of ISE Towers REIT Management Company. He was a founder member of Islamabad Stock Exchange (ISE) and remained Director on the Board of the Company several times. He is currently the Chief Executive of Unex Securities (Pvt) Limited, a shareholder of ISE Towers REIT Management Company. Unex Securities is a Trading Right Entitlement (TRE) Certificate holder of Pakistan Stock Exchange. He was also the Chairman of the Demutualization Committee of ISE. The Committee under his dynamic leadership achieved all necessary compliances on timely basis under Stock Exchanges (Corporatization, Demutualization and Integration) Act, 2012 for the corporatization and demutualization of ISE. He also led the Integration and REIT Establishment Committee and worked extensively to materialize the integration and transformation of ISE as a Non-Banking Finance Company. The ISE was integrated with other bourses of the country in order to establish the Pakistan Stock Exchange and Mr. Jaffery played a leading role for that integration. Simultaneously the Company with new name and scope initiated its business as ISE Towers REIT Management Company Limited. He is also a member of Human Resource and Remuneration and Audit Committees of the Board.

He took initial training in accounting, audit, tax and financial management from A.F. Ferguson & Co., Chartered Accountants (member firm of PWC), Karachi and qualified as a chartered accountant in 1968 from the Institute of Chartered of Accountants of Pakistan, presently holding FCA certification. He attended courses on: financial management, risk based audits, forensic accounting, procurement audits, etc offered by ICAP, AICPA, LUMS, and other institutes. He got certification in Financial and HR Management from Institute of Management of University of Alberta, Canada. In addition to these professional qualifications, he also regularly attends professional courses and seminars on different professional subjects as a part of Continuing Professional Development program.

Before joining a professional firm Mr. Jaffery had gained extensive experience of working in oil and gas industry and has served Attock Oil Group of Companies for more than twenty years and lastly he joined Oil and Gas Company Limited (OGDCL) and served there as CFO. Mr. Jaffery has also served on the Boards of Attock Refinery Limited (ARL) and Islamabad Electric Supply Company (IESCO) representing general public interest.

He served oil and gas industry for a considerable period and gained extensive experience in working in senior positions with Attock Oil Group of Companies and Oil & Gas Development Company Ltd. He remained on the Board of Directors of a number of private and public companies including Islamabad Electric Supply Company as Independent Director representing public interest.

At present he is also working as a Senior Partner with Naveed Zafar Ashfaq Jaffery & Co., Chartered Accountants. The firm has offices in Karachi, Lahore, and Islamabad. He has vide exposure and has gained extensive working experience in undertaking various large assignments in Central Asian Countries and Pakistan.

Whilst, working with various donating agencies as a Project Financial Consultant he conducted reviews of various projects in public and private sectors and Public Financial Management Systems and Ex-Post examination of different projects funded by such agencies. He has expertise in investigation and forensic accounting and in his professional capacity has conducted a number of comprehensive investigations of large companies in public and private sectors on behalf of SECP and others.