Al Meezan Investments is pleased to announce that Mr. Mohammad Shoaib, CFA and CEO of Al Meezan Investment was present for the ‘Closing Bell Ceremony’ at NASDAQ MarketSite in Times Square as the only Pakistani member of the CFA GIPS Executive Committee team. CFA Institute, the global association of investment management professionals, was celebrating its 30th Anniversary of Performance Presentation Standards on this occasion.
GIPS EC is the global body of leading investment professionals from around the globe and it is responsible for strategic oversight and governance of the GIPS standards which are recognized as the global standards for performance presentation by investment managers.
Mohammad Shoaib, CFA is the Chief Executive of Al Meezan Investment Management Limited and played a key role in setting up the company and making it the largest asset management company in the private sector in Pakistan, currently managing total Assets of over Rs. 110 Billion. He has been associated with it since its inception in 1995 and is a highly qualified and seasoned professional with over 25 years’ experience in the capital markets.
He has to his credit many accolades and awards, the most significant of them being the “Most Influential CFA charter holder” awarded by the CFA Institute in 2006. Mr. Shoaib has served in a voluntary capacity at different domestic and international institutions. He has also served on various global and regional committees of the CFA Institute including the Asia Pacific Advocacy Committee, Global Task Force on Corporate Governance, GIPS Regional Council, GIPS Executive Committee, and Asset Manager Code Advisory Committee.
The CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. Nasdaq is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents.
Al Meezan has been managing investments since 1995 and has one of the longest track records of managing mutual funds in the private sector in Pakistan. With an AM2++ Management Quality Rating, Al Meezan has the distinction of managing 13 mutual funds, several administrative plans, and boasts an investor base of over 51,000 clients. It has 14 branches in 8 major cities in Pakistan including Karachi, Lahore, Faisalabad, Islamabad, Peshawar, Multan, Abbottabad, and Rawalpindi. Al Meezan has to its credit Pakistan’s largest private sector Equity Fund i.e. Meezan Islamic Fund (MIF) and largest Voluntary Pension Fund i.e. Meezan Tahaffuz Pension Fund (MTPF), with AUMs of Rs. 50 Billion and Rs. 8.3 Billion respectively.
