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Muhammad Farid Alam, FCA

Chief Executive Officer

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An unwavering proponent of Pakistan’s development story, Mr. Muhammad Farid Alam has had over two decades of capital market experience under his belt, taking a lead in showcasing a positive narrative for the country’s capital markets, at home and abroad. Having steered AKD Securities Limited to achieve several industry accolades, pioneering public market capital raising exercises, leading corporate finance consulting, and tailored private placements, Mr. Alam is a staunch supporter of the nation’s potential for delivering growth for all.

Prior to joining AKD Securities, Mr. Alam was associated with the Pakistan Industrial Credit and Investment Corporation (PICIC), where he led the first buyout of state-owned mutual funds by the Privatization Commission, managing the combined entity and launching two fresh funds. Earlier, acted as the Domestic Consultant for Asian Development Bank (ADB) on Financial Sector Intermediation Loan (FSIL) during 2004. In this role, he conducted extensive reviews while reporting on monetary, external account management, and FX treasure policies agreed upon by various Pakistani Government functionaries and the multilateral lender.

Prior to joining PICIC, Mr. Alam served as the Head of Finance and Secretary to the Executive Committee and Board of Directors at Corporate & Industrial Restructuring Corporation (CIRC), Government of Pakistan along with being actively involved in remedial banking. He paved the way for Government institutions to place their funds with private sector banks meeting strict parameters, supplementing their incomes, and creating precedence for other public organizations. Mr. Alam possesses extensive investment banking experience which he gained during a decade with Crescent Investment Bank Limited- the first investment bank in Pakistan, where he served in various capacities, including Treasurer, Equity Strategist, Chief Financial Officer, and Manager Corporate Finance.

As a Fellow of Chartered Accountants, Mr. Muhammad Farid Alam serves on various committees of the Institute of Chartered Accountants. While maintaining an avid knowledge base of local and global financial market developments, he is an ardent competitor in team sports and appreciates art and literature. A vibrant communicator, Mr. Alam has participated in various media platforms, conferences, panels, and industry roundtables throughout his career.