(021) 111 225 275  info@askarilife.com

Board of Directors

Lt Gen Nauman Mahmood, HI (M) (Retd)

Mr. Rizwan Ullah Khan

Maj Gen Kamran Ali (Retd)

Malik Riffat Mehmood

Mr. Tariq Hameed

Ms. Ayesha Rafique

Mr. Muhammad Noman Akhter, FCA

Jehanzeb Zafar – Chief Executive

//

Lt Gen Nauman Mahmood, HI (M) (Retd)

Lt Gen Nauman Mahmood, HI (M) (Retd) was commissioned in 1987 after graduating from the Pakistan Military Academy. He is a graduate of the Command and Staff College Quetta, Command and Staff College Cairo, and National Defence University Islamabad, and holds a Master’s degree in War Studies. He is a recipient of the Hilal-e-Imtiaz (Military).

During his distinguished career, he commanded an Infantry Regiment, a Para Brigade in South Waziristan, an Infantry Brigade in Kashmir, and the 7 Infantry Division in North Waziristan. His senior staff appointments included Chief of Staff, Headquarters 11 Corps; Chief Instructor at Command and Staff College Quetta; and Director General (Analysis), Inter Services Intelligence.

As a Lieutenant General, he served as Inspector General, Communication & Information Technology at General Headquarters, Commander 11 Corps, Peshawar, and President of the National Defence University, Islamabad. He retired on 23 April 2023.

Rizwan Ullah Khan

Mr. Rizwan Ullah Khan has graduated from Hiram College Ohio USA with major in Business Management. He has 34 years of extensive working experience in corporate sector. He served Coca-Cola Pakistan for 24+ years with 14 years as a Regional Head of Coca-Cola Pakistan & Afghanistan from 2005 – 2020. He was also the Chairman of SIA Beverages and board member of Packages Mall, Lahore Pakistan, SNGPL & PBIT. He founded American Business forum in Pakistan and remained its president for more than 4 years. Currently he is working as a Chief Operating Officer of Army Welfare Trust with the key responsibilities of designing and implementing business operations, strategy and business planning, establishing policies and procedures, participates in expansion activities (investments, acquisitions, corporate alliances etc.) and managing relationships with partners/ vendors.

Maj Gen Kamran Ali, HI(M) (Retd)

Maj. Gen. Kamran Ali (Retd) currently holds the position of Executive Director (Aviation & Finance) at Army Welfare Trust (AWT). With a diverse educational background, including an MSc in War Studies and Management from the National Defence University (NDU) and MA in International Relations from Baluchistan University, Maj. Gen. Kamran Ali has honed his expertise in strategic management. Throughout his illustrious military career, he has undertaken significant roles such as Director General (DG) at RV&FC GHQ and General Officer Commanding (GOC) at both the 17 Division and 2 Arty Division. His extensive training, including completion of prestigious courses like the Armed Forces War Course and Battalion Command Course in Germany, further solidifies his proficiency in defence strategies and operational management.

Malik Riffat Mahmood

Malik Riffat Mehmood is currently working as Group Chief Finance Officer of Askari Group of Companies – Army Welfare Trust. He is a seasoned finance professional with diversified working experience in multiple industries including Pharmaceutical, Aviation, Textile, Oil and Gas and Sugar. He is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants of Pakistan. He has hands-on experience of strategic and financial planning coupled with proven ability of translating strategic vision into practical action plans.

Tariq Hameed

Mr. Tariq Hameed is a Fellow of the Institute & Faculty of Actuaries, UK and an Associate of the Society of Actuaries, USA. He graduated from the University of Punjab (Pakistan) with a first-class degree in Mathematics and Economics. He was associated with Mercer Ltd (a leading international actuarial consultancy) and has over 40 years’ experience in the pensions consultancy (including M&As and change management) and insurance industry in the UK, Canada, Middle East and Pakistan. He retired as a Principal with Mercer in 2016.

Prior to joining Mercer, He worked with the Credit & Commerce Insurance Company (Saudi) Ltd. in Jeddah and with the State Life Insurance Corporation of Pakistan (actuarial department). He was also the Executive Chairman of the Institute of Islamic Banking & Insurance, London.

Ayesha Rafique

Ms. Ayesha Rafique is currently working with Edotco Pakistan Private Limited as Head of Legal and Regulatory Affairs. She is a Corporate and Commercial Counsel and has over 22 years’ experience as external and in-house counsel. In her career apart from working in various law firms she has also been working for Pakistan Tobacco Company Limited and TCS Holdings Private Limited as Company Secretary and Head of Legal. She has an extended experience in Corporate Legal matters, litigations, Employment/ Labour law, Taxation and legal issues which include restricting and organization of companies. She holds LLM from University of Aberdeen in UK.

Muhammad Noman Akhter, FCA

Muhammad Noman Akhter is a Fellow Chartered Accountant (FCA) with over 24 years of diverse experience across both the public and private sectors. He is a Director at Gratus Consultants, specializing in corporate and financial advisory, and also leads Aabpara Residency’s real estate projects. Additionally, he serves as an Independent Director on the Board of Arif Habib Dolmen REIT Management Company. A seasoned trainer and mentor, Mr. Akhter teaches Corporate Law in the Institute of Business Administration (IBA)’s Diploma Program and provides guidance to Chartered Accountancy students at KnS Institute of Business Studies. Previously, he spent over a decade at the Securities & Exchange Commission of Pakistan (SECP), where he supervised Non-Banking Financial Companies (NBFCs), Modarabas, and insurance companies. As Director at SECP, he played a key role in regulating listed companies in Pakistan, with a strong focus on corporate governance and compliance.

His notable contributions include:

  • Serving on a high-profile Joint Investigation Team (JIT) for a money laundering case.
  • Acting as a forensic expert for the National Accountability Bureau (NAB).
  • Contributing to Power Sector audits and Independent Power Producers (IPPs) negotiations.

Earlier in his career, Mr. Akhter led internal audits at Pakistan Cables Limited and gained extensive experience at PwC (A.F. Ferguson & Co.) and KPMG (Taseer Hadi Khalid & Co.). He remains deeply committed to promoting good governance within Pakistan’s corporate and financial sectors, striving to enhance transparency and accountability.

 

Jehanzeb Zafar – Chief Executive

With a track record of leadership along with an in depth knowledge of the insurance and Financial Service Industry, Jehanzeb is known to be a dynamic and visionary leader, who has a passion for starting and growing companies and developing win-win partnerships. He is credited with the development of distribution and organizational strategy as Chief Strategy Officer at Adamjee Life Assurance Co. Ltd. Mr. Jehanzeb holds an MBA from City University London and certification in Strategy from Harvard Business School, USA.