Razi Haider

CFO at Askari

Razi Haider is currently the CFO at Askari. Prior to this, they were the Chief Financial Officer at Askari General Insurance Company Limited from July 2015 to August 2021. Razi is also the Director and Audit Committee Chairman Audit Committee of subsidiary Asktech Pvt. Limited.

Razi has played a key role in various aspects of the company, including working closely with the Board of Directors and Chief Executive to devise the company’s financial and operational strategies. Razi has also been heading the IFRS-17 & IFRS-9 steering committee in preparation for the implementation of these standards. Additionally, they are a Member of I.T. steering committee, which devise Company’s IT strategies.

Under Razi’s leadership, the company has made significant progress in digitalization of Company’s payment processes, up-gradation of ERP systems, development and integration of ERP modules related to finance, claims, underwriting and health department. Razi has also established effective internal controls (including SOPs) and conducted monitoring of controls.

Razi has extensive experience in financial planning and management. Razi has prepared budgets and targets and ensured company-wide implementation of financial plans to achieve sales growth targets, profitability targets, liquidity profile, capital expenditure and operational expenditure budget. Razi has also reviewed and ensured timely filing of income tax and provincial sales tax returns, together with preparing tax strategies and planning to minimize costs.

Looking ahead, Razi is responsible for devising investment strategies by considering market and liquidity risks. Razi also deals with regulators, rating agencies, external auditors, management experts and external bodies. Razi’s ultimate goal is to prepare and review Financial Information including periodic financial statements and cost & management accounts. In addition, they manage cash flows, retires debt on schedule and builds cash reserves while controlling costs and improving employee benefits. Finally, Razi ensures compliance with the law, regulations and company’s policies.

Razi Haider is a Chartered Accountant who studied Accounting and Business/Management at the Beaconhouse School System. Razi then went on to study at the Institute of Chartered Accountants of Pakistan where they qualified as a Chartered Accountant.

They work with Hassan Tahir Khokhar - Head of MIS, Raza Ali - Head of Takaful, and Rana Shahbaz Ahmed - Head of Marketing. Their manager is Abdul Waheed, CEO.

Links

Timeline

  • CFO

    Current role

View in org chart